Submitted by ColdJay64 t3_127n3bt in philadelphia
215illmatic t1_jeg97og wrote
Reply to comment by TooManyDraculas in 47-story apartment building is planned above CVS store at 19th and Chestnut by ColdJay64
Nobody tell this guy the rental vacancy rate in the city is still ~2.6% even with the insane amount of rental development going on.
“Tons” of vacant units just isn’t the case. Your point about diminishing middle income housing is absolutely true but this is a luxury apartment building essentially in Rittenhouse so not sure what anyone thought would be going there.
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