Now I'm all for new developments. And when the hippies get all up in arms about lack of neighborhood character and over-crowding and fresh air and whatever else seems to be the problem with Ratner building sky high apartment buildings and a basketball stadium - I say "what about me?". The more these crazy people build - the higher the likelihood of a staggering collapse in the potential price of my new apartment. And when I see the construction crews - I cheer them on - "Build, build!" I say.
(On a side note - I know there are lots of economists out there trying to find the one indicator of the coming real estate bubble burst. Heck, the NYTimes magazine devoted over 200 pages to it last weekend. Well, search no more. I know exactly when the bubble will burst - at the precise moment we buy our own apartment. There should be a team of economists following me around, snooping on my internet searches, trying to figure out when we're going to take the plunge. Because you know the moment we do - Look Out Belooooooooow...)
Anyway - as I said - big proponent of more condos, luxury ones, crappy ones, ones designed by starchetects, what have you. But I really think this one is pushing it. I think curbed put it best "You could have 230' ceilings and a 6,000-square-foot roof deck, but it's still not going to remove the guilt you'll feel the first time you make nice with your partner in the Lord's house." Amen.