[DudeGuy]

I mean realistically the people at Philly YIMBY or the Inquirer should be doing the legwork on this one, but the N. Broad building is part of Toll's "Apartment Living" portfolio, while the Sansom Street Project is part of the "City Living" portfolio. My assumption is that the City Living buildings are condos while the apartment living are apartments. Toll likely thinks the market for apartments hasn't been as impacted as luxury condos. Plus 702 Sansom would be competing with the Laurel, Arthaus, etc. In Toll's most recent earnings call they mentioned that they are pausing City Living development until the market gets better.