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Old 11-15-2006, 09:26 AM   #21
Burninator
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Quote:
Originally Posted by SanFranFlamesFan View Post
I think it's probably starting to happen since it's not just talk anymore. Sasso and Chocolate are up, Vetro and Arriva are well out of the ground, and plans are developing for many more - Colours, Nuera, Keynote, More Arriva. I think the area will start picking up soon.

I am personally a Sasso owner. I was planning on living there until I was offered a job I couldn't refuse in Silicon Valley. Now I rent it out executively, which says something. I actually convinced the executive rental company to rent in the Sasso building, and now they have a bunch of units in there.
I think the problem with the East Village is the infrastructure. I've heard that developers are waiting for the city to upgrade all the underground pipes which are extremely old. It isn't cost effective for a developer to do it, so I think that's why it's sitting empty.
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