Submitted by RoverTheMonster t3_zuvw1s in philadelphia
nemesisinphilly t1_j1m7cfd wrote
Reply to comment by NickSabbath666 in Game Off? Construction Halts at Durst's 300 N. Columbus Blvd. by RoverTheMonster
This company has never built a residential project in the suburbs. All of their projects are in NYC including One World Trade Center the tallest building in the United States. This is not a suburban developer.
Your skepticism is valid when it comes to companies like Toll Brothers but not in this case.
NickSabbath666 t1_j1m91rc wrote
Hold the phone… the Durst Organization? The one that produced Robert Durst, and all the empty ultra luxury condos on billionaire’s row?
This would be a very, very, very good thing for future generations in Philadelphia if this company does not develop ANY property on the waterfront.
It’s going to be abandoned multi million dollar condos that the tax payer is going to have to pay to demolish.
nemesisinphilly t1_j1magq0 wrote
Good thing there are no condos planned for this site. Rental vacancy in the Philly Metro is 2.8% as of this summer and lots more rental apartments are needed.
Also Durst did not develop any buildings on Billionaire's Row:
https://en.wikipedia.org/wiki/Billionaires%27_Row_(Manhattan)
Additionally, Robert Durst was never part of the Durst Organization.
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