Quote Originally Posted by onthestrip View Post
$230/ft is cheaper than anything else for sale downtown. Most things are going for $250 and up. I think that, and the fact there is such a small amount of for sale housing in downtown and midtown is the reason these are selling for that. But to pay that and not even have covered parking? Ehhh, no thanks.
If you can get $230/sf then you can build high-rise housing, which then expands the market for downtown living because the views are a major added amenity that nobody else can offer.