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I have a brain teaser for you. If there were two buildings across the street from each other, absolutely identical on the inside and cost of living were the same, but one building is ugly as sin on the outside and the other was a gorgeous building in an architectural style you greatly admire - which building would you choose to live in? If you live in the ugly building, then when you look out the window you see the really nice building, but you know you live in the building that looks crappy. If you live in the nice building, you'd have to look at the ugly building when you look outside. So which is it? |
^ What are the chances of the uggo building getting demo'd or redeveloped in the near future? :)
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Is there some sort of Wanda like partner here that affects the financing? That threshold really changes my outlook on the likelihood of this getting built. |
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Ah, that's what I was missing, makes sense. thx
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I think 30% is the usual threshold
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The rental went the way of the original design. |
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^The affordable units, too?
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^That's how the developer planned to go, and that's how the PD was approved. But when Ald. King took office, she claims to have gone back and insisted on affordable units in the building. But I can't find any details on the number, ownership, or whether they'll even be in the same tower.
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