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Yes. I guess a few years of this was more than even the NIMBYs could take. It's now owned by some capital group seeking to build housing there, but new NIMBYs w
by fmajid 4y ago
Yes. I guess a few years of this was more than even the NIMBYs could take. It's now owned by some capital group seeking to build housing there, but new NIMBYs will come to the fore to block it, and the combo of declining SF real estate prices and rising interest rates may well make the project unviable, since a developer has to pay interest for a decade or more while stalling tactics delay approval.