[Don't Be That Guy]

Originally Posted by pj3000

I have no idea about its accuracy, but I did hear a rumor that JMC Holdings (the 1501 Penn developer) was pretty close to telling the city to fuck off, leveling the Wholey building, and selling the site off, thus abandoning their planned office tower, cutting their losses, and putting their planned investment into the Raleigh, NC market instead.

We must be talking to the same people because that's the word going around. There are a lot more stories out there about projects that didn't happen because of various city-related issues.