Posted Apr 19, 2021, 6:11 PM
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May the Schwartz be w/ U!
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Join Date: Sep 2013
Location: Nomadic
Posts: 1,947
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That's very unfortunate. Seems like those developers, who were pushing through massive developments to inflate the price on already expensive pieces of property, have killed the western expansion plan of the CC. Sandy Gottesman was never going to build a 700+' tower - for example.
Karlin spent just north of $100 million on the Railyard site. I'm sure they were asking the city for at least 10-15% more than they paid...
What kind of legal affect may this have on the city's vote to expand the convention center (approved recently)? Were they not only approving funds to do so but also for the western expansion?
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