Quote:
Originally Posted by esquire
With the money that has gone into it so far, it would seem unlikely for the project to be capped at 15 or 20 floors or whatever now that construction is so far along. I'd imagine that a dCondo scenario is more likely where the building gets sold at a loss and someone else steps in, buys it for a song, and builds the project as originally envisioned.
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I would tend to agree, especially with the amount of money they've poured into reinforcing columns and the foundation. Plus, if they were to cap it, they would effectively be limiting its value to them long term. I would think that condos would be more susceptible to capping just because they aren't meant to be held by the developer for revenues to tenants.