PHILADELPHIA | 2301 Walnut Street | 145 FT | 12 FLOORS

[iheartphilly]

[QUOTE=McBane;9856183]^ I understand this sentiment and generally agree. But as I've said before, I don't think you can compare 23rd and Walnut to 19th and Walnut. The site of the Laurel is one of the most premium lots in the entire city, if not the entire region. It was certainly worth waiting for the best proposal. We can go back and forth about how nice 23rd and Walnut is but I'm hopeful we can at least acknowledge it's not on the same level as 19th and Walnut.

If anyone is able to pull up the sale's price of both lots including lot sizes then, do some math and see how the price is per acre or fraction of an acre. And to get sophisticated, if there's a way to price the Laurel lot in today's value. I think we could get an idea if 23/walnut would be consider a premium lot based on the valuation it sold for and compared to what the Laurel sold for.