Posted Jan 7, 2020, 7:10 PM
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NYC/NJ/Miami-Dade
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Join Date: Jul 2013
Location: Riverview Estates Fairway (PA)
Posts: 45,859
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This parcel will be developed in time due, its too much of a development opportunity. May follow suit of the Crystal Tower parcel which took ages, and set back after set back to finally get some activity. Not in its original form, and this one looks like a similar trajectory. We'll probally see something rise severally downgraded via its original development potential, but a site like this would be ideal if the right ownership buys when the market is just right. Just to maximize its potential.
I'd say patience on this parcel. This has the potential to be a future tallest in time due. With some nice influx coming in 2020/2021, shouldn't be an issue, just on the waiting list pretty much.
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