Quote:
Originally Posted by Busy Bee
I just can't wrap my head around the logic that a church - or any property owner like this - would voluntarily forfeit like a billion dollars of potential profit by not going residential supertall here. Keep it mixed use, fine, but go to like 1,200' feet with Central Park view condos. I'll go out of my way to pick up a dollar bill off the the sidewalk and they walked away from hundreds of millions of dollars they could have put into their mission coffers. So bizarre.
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I agree. The church apparently did not think about having some residential units for its own use, such as visiting clergy, or for the possible rental income for high end apartments that could have been built above the offices.
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