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02-07-2014, 10:48 AM
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Originally Posted by Up the Irons View Post
hmmm. were they not moving into a new place regardless? if so, is it really an extra cost to us? Katz needed (or wanted) a major tenant before he built the tower.. he's dealing with the City... so, why not make a deal?

i don't think this is so unusual in business, it's just high profile, so we get to critique it.
The major tenant is the problem. If the city decided they were going to look elsewhere or not be a major tenant would this thing be built or be occupied? I'd love to see the other proposals and costs for all other bidders and to know who the 'independent over sight' was in making the decision.

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