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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: John Vosilla who wrote (34938)7/6/2005 3:06:11 PM
From: Gotham GuruRead Replies (1) of 306849
 
"I was just in Manhattan during the weekend and apparently the first office tower in the World Trade Center area is almost completed and yet is zero percent leased. Pretty soon every office and apartment building without many long term leases in urban bubble markets will convert to condo. That will be the top<g>"

Are you sure you were in the right city? They just approved the designs for the new tower not more than 2 weeks ago.
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