01-20-2017, 04:29 PM
While I realize that developers are private corporations who don't need to divulge their financial reports publicly, this would be an opportunity to show some clear numbers.
Eg (and these numbers are made up standins)
As proposed cost: $20,000,000
As proposed sales: $22,000,000
As requested cost: $22,000,000 (ie lower height, save more building)
As requested sales: $21,000,000
That could give some leverage for seeking municipal support to protect part of the existing building. It would also give credence to, or put paid to, the argument about "greedy developers pushing us around" or "citizens who are preventing us from being financially sound."
Eg (and these numbers are made up standins)
As proposed cost: $20,000,000
As proposed sales: $22,000,000
As requested cost: $22,000,000 (ie lower height, save more building)
As requested sales: $21,000,000
That could give some leverage for seeking municipal support to protect part of the existing building. It would also give credence to, or put paid to, the argument about "greedy developers pushing us around" or "citizens who are preventing us from being financially sound."