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MRC1986 t1_ja8bk9v wrote

Reply to comment by PhonyPapi in Midtown Owners Hedge on Costly Office-to-Home Conversions by psychothumbs

It’s a lot easier to build new residential towers than to convert office towers.

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PhonyPapi t1_ja8fwfn wrote

My point was more there are plenty of places where most thought “x place sucks I’m never going to live there” and now it’s not necessarily the same thought.

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MRC1986 t1_ja8y72x wrote

I agree. But it's a lot easier to make LIC not suck when you just tear down some warehouses and build brand new residential towers such that you create a residential community, vs retrofitting office towers in Midtown.

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