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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Pike and Rose is very new too.  RTC seemed successful in the beginning and it is not like PR has not lost stores already.  We have no idea where they will be in 10 years.  People go to what's new to try it out.  Getting  them to go back is harder.  Will both llbean and REI survive? . We trecked down to the Baked Bear this summer but it will be a long  time before we go back with Carmen's and Marble Slab and B&J right here.[/quote]

I agree that Pike and Rose is new so people go there to check it out.  It will not be successful in the long run.  Again, the parking is ridiculous.  People will not pay those prices to park to go bowling at a tiny, crowded bowling alley.  Parking at Pike and Rose costs almost as much as it does in DC.

Maybe the housing there be able to sustain it, but it seems doubtful.  Especially with so many units empty, plus the fact that there are thousands of additional new units going up all over the County.[/quote]

It's amazing how there can be all of those empty units, yet developers keep building more, AND housing prices are high.[/quote]

I agree.  Why is more development being approved when there are so many apartments/condos left empty?  Anyone in real estate will tell you that trying to sell a condo in this market is incredibly difficult since there are so many units available.  [/quote]

Many units for sale =/= many units are empty.

Alternatively, if it's true that many units are empty, please explain how the developers can stay in business, building large buildings full of units nobody wants to buy or rent, and also how the rents and sale prices can be so high for something where supply greatly exceeds demand.[/quote]

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