Quote:
Originally Posted by DCReid
I guess we have to wait for a formal announcement. However, the numbers do not seem right for NY, given the high cost of construction. Isn't the cost of other tall condos downtown, such as 821 Leonard and 90 Park Place, closer to $1 billion?
|
It's probably the financing amount, not the actual cost, which usually includes land prices, developer contribution, and the like.