4 Responses to “WBJ: Jemal Mulls Residential Projects”

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  1. hmm i’ll agree with that last statement but it seems like the condos in the triangle are still red hot. didnt city vista just sell out? is there anything left?

  2. John Thompson

    Seriously!! :) I agree with Si, I want to stay in the Triangle & if he built residential, I’d seriously consider buying preconstruction. I’m interested in the 5th & I project as well as the Bozzuto project – they should really think about more condos – I think they’d do quite well. Just don’t leave out the ground floor retail!! That’s a deal-breaker (thanks, Tina Fey).

  3. Jason

    A well-run business with Jemal’s assets should have no problem with cash flow or financing, even in the current environment. Too bad Douglas Development is far from a well-run business.

  4. They don’t pay a lot of their property taxes on time. Even with widespread breaks on vacant property tax.