Quote:
Originally Posted by AbortedWalrus
Except the owner already got quotes on restoring the facade and it would cost somewhere in the $300k range for the facade only, not including replacement of windows. What would windows cost? Another $100k? You think a developer wants to pay almost half a million dollars to restore that facade? Then incur the additional costs of building around that facade? I mean, I suppose it's plausible, but we'd get a guaranteed TOD design with commercial store fronts and some affordable housing without it, and that would serve the neighborhood better than a historical designation of a building that's remarkable only to architecture buffs...
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Well given that the sale price was
$2.5 million, I think $400k is a drop in the bucket to these guys, eh?