Posted Nov 21, 2019, 4:19 PM
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NYC/NJ/Miami-Dade
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Join Date: Jul 2013
Location: Riverview Estates Fairway (PA)
Posts: 46,714
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They kind went low on the parking units which is good. I was looking at the schematic and 430 spaces to cover 439 rental, 125 condos, and 200 hotel units.
They should cut the condo units. Might be hard to sell depending on the price. Hopefully it'll stay in a range of 1 to 4 million for the condos, although it would be nice if they increase the amount of market rate rentals and up the hotel units. Seems kinda low, the hotel portion.
In such a prominent location, this could be one of the greats in terms of hotels. Might even compete with Trump International nearby.
I do wonder should the economy change in the next two years, if that will affect the ratio of mixed used functionalities. I kinda see the condo portion as a boon but the hotel as a plus and if they are reasonable on the market rate rentals, that too.
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