NickSabbath666
NickSabbath666 t1_j1m3seg wrote
Reply to comment by ColdJay64 in Game Off? Construction Halts at Durst's 300 N. Columbus Blvd. by RoverTheMonster
No because land is cheap in the suburbs and Republican legislators all over the nation will incentivize companies to “create jobs” by cutting their tax bill to $0.
NickSabbath666 t1_j1m2hfp wrote
Hmmmmmmmmmmmm I have this theory that every property developer in America right now is just really stupid. This company realized they can probably cut their losses and build a built to rent community in the suburbs and make significantly more money. While writing off the loss of this mess on their taxes.
NickSabbath666 t1_j1m91rc wrote
Reply to comment by nemesisinphilly in Game Off? Construction Halts at Durst's 300 N. Columbus Blvd. by RoverTheMonster
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.