Posted Nov 30, 2007, 7:12 PM
|
 |
Urbane observer
|
|
Join Date: Nov 2006
Posts: 4,393
|
|
Um, reality check, guys.
Rokas International is not a big diversified REIT or experienced multifamily developer. It's some guy who has some friends in Europe with money. At the moment, it looks like they've built and delivered a grand total of something like 15 units.
So the downtown condo market softens, the dollar plunges like crazy, the partners start squabbling--and you guys think a minor redesign of one building is evidence of a vast NIMBY conspiracy? What's next? Discovery that a PDNA member was on a school trip in Dallas in Nov. 1963?
|
Threaded Mode