It's an interesting question. Fundamentally, I think it comes down to this:
Is the Seaport filling in because of the height cap (pushes development horizontally) or is it filling in in spite of the height cap (each parcel is less profitable) ...?
Someone better versed than I am in real estate may be able to say...
It's an interesting question. Fundamentally, I think it comes down to this:
Is the Seaport filling in because of the height cap (pushes development horizontally) or is it filling in in spite of the height cap (each parcel is less profitable) ...?
Someone better versed than I am in real estate may be able to say...