re: #202 tradewind

Not as carefully as it would seem I should have.
Pretty generous of ConEd to let them tear it down.

Generous, my ass…it’s in the 99-year lease agreement between SoHo Properties and ConEd. SoHo doesn’t own the land outright (at this time), but the long-term lease gives them control over what sits on it…and there’s nothing ConEd could do about even if they wanted to.

Most long-term commercial leases work a lot like that, so this is no surprise.

/sorry if the facts deprived you of your “gotcha” moment…