Monday, September 8, 2008

Real estate broker's lament

Over the last 6 months I have been doing more business in the city because of out of town buyers being referred to me that want to relocate to Lancaster from NY and NJ. They want city, our prices are CHEAP as well as the taxes, by their standards.

NOT ONE buyer is moving into the city due to the Convention Center.

As for commercial prospects,all 5 were looking for every reason BUT the convention center. Walking and busing for low wage workers as well as younger techs that are currently living in the city are the basis for commercial interest.

If you look at the group up across from the Belvedere, their upscale condos are
geared towards individuals that want city life from out of the area.

Oh if only that could have be put on the corner of King and Queen. What foot traffic that would have created my friends, we would have made national news with
revitilization. Oh Well.