Quote:
Originally Posted by jsbrook
Projects -- including big, expensive projects -- have subpar yields all the time. We live in the real world...developers don't always look at the right data or comps and don't always make the right choices. I don't think the trends and data on amenities in high rise living support a conclusion that Equinox is undesirable in a building like this. And I speak based on plenty of real world data and analysis. But no point in arguing. It's all academic. Although it's early days yet, this building seems poised to be a success with or without an Equinox.
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Yep, we are having a healthy discussion with different point of views. If I was a betting man, I would put the house on this building being successful. It's not like Philly has multiple Rittenhouse-like locations. IMO, this is it, if you got money and you want to be in the action, this is about as good as it gets at this point in time.
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