General Construction Updates

[maestro]

Surely the boards on 7th show they're looking to move on it sometime soon? Interest rates are going down though so no incentive to do it quick > do it right.
Maybe we'll see them come back with a 300+, given it sounds they were ready for a 282. Hopefully with a better podium, and better usage of the 7 Ave space.

They're just securing vacant buildings by boarding up windows and doors with plywood. It's a minuscule investment in a billion dollar development. Triovest are a private equity fund and when they aren't using the funds to build their own things they are lending to other developers. Lower rates are not in their favour though there's no prime fixed rate on a large scale project.

The long game waiting for squatters to set the block ablaze is in their favour too.