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[Crawford]

Interesting. So the initial permits were just placeholders, which is typical for Extell.

I wonder about the real plans. Now that they're buying up the rest of the block, Barnett will have secured a massive increase in air rights. I wonder how high this will go.

[NYguy]

Originally Posted by Crawford

Interesting. So the initial permits were just placeholders, which is typical for Extell.

I wonder about the real plans. Now that they're buying up the rest of the block, Barnett will have secured a massive increase in air rights. I wonder how high this will go.

Very typical of Extell, but could also just be a speck of fortune and good luck. I suspect they have been trying to get those properties, but showed they were willing to move forward without them.