COMMENT OF THE DAY: WHO’S SITTING ON ALL THOSE VACANT BUILDINGS IN MIDTOWN? “I don’t get why there are so many empty buildings in the area. With such high land values (and tax rates), why don’t they sell them? It seems there are a lot of people that can afford the massive expense of sitting on a property (taxes, insurance, minimal upkeep to keep the city fines away, taxes, etc.) I’m sure a lot of instances it’s someone asking too much for a property. But if it’s still sitting after YEARS on the market (and YEARS of expense), something should tell you that you have it priced too high. I don’t know… I guess I’d just start freaking out if only a few months passed and an empty property of mine was just sitting there. I have had multifamily properties on the market but they’re full and [bringing] in income while on the market so I’ve never been in a rush. But a vacant building? *shudder*” [Cody, commenting on How You Can Help Large-Scale Graffiti in Midtown Get Off the Ground]