Post Number: 20
|Posted on Monday, January 07, 2008 - 10:52 am: || |
New York developers embarking on a mixed-use project in Detroit’s business district will now follow two troubled residential developments within a two-block radius.
http://www.crainsdetroit.com/a pps/pbcs.dll/article?AID=/2008 0107/SUB/777613995/1033
Post Number: 439
|Posted on Monday, January 07, 2008 - 4:27 pm: || |
Post Number: 3562
|Posted on Monday, January 07, 2008 - 5:00 pm: || |
That is interesting, seems like if you could afford the rents, you would want to buy, unless you are not sure you want ot live Downtown longterm
Post Number: 6941
|Posted on Monday, January 07, 2008 - 5:46 pm: || |
This is no bump Rbdetsport!
When the economy in Detroit and rest of Michigan goes belly up, so will the condos and single family housing. It's time for developers to keep the real estate market simple to create rental housing. Maybe it happen to the Griswold complex and the 1001 Woodward building.