Posted Nov 22, 2010, 1:41 AM
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Hindrance to Development
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Join Date: May 2007
Posts: 2,402
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Single-family homes are nice if you like single-family homes. Some folks don't like doing yard work and want a higher-altitude view. Others just like new buildings.
Most of the units in The Warren are priced for people making $60-80K a year, the larger ones are market-rate. Where are you getting the figures about $400K for 600 sf? In any case--the East End Gateway was intended to be all market rate, so its units would have been even more expensive.
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