Quote:
Originally Posted by ASUSunDevil
I'm just glad they're not condo's.
Hopefully the owner has been paying attention and is considering a major exterior remodel. There is no chance they're maximizing their potential revenue in it's current state.
Maybe Biggus has some insight?
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Yeah if they were condos I'm sure that it would be much harder to redevelop.
I looked at the Met's website - their leases were surprisingly low. It may be difficult to get people in there when there are so many superior apartment buildings in the area.
As far as the place being redeveloped, Unless there's a major increase in demand for residential properties, I suspect the Met will be around as-is until about 2030. Those types of wood-frame 2-3 floor residential developments usually have about a 30 year lifespan.