I actually think we may get some new construction sooner than later, because not every firm wants a renovated 100 year old structure, but prefers the all glass, high ceilings look of new builds. Moreover, downtown actually could use some Class A office space for a big user. As it stands, there are not a ton of options if someone needs 250K plus of square footage.

As for the Stott, Free Press, Book and Metro...those would make great residential rehabs, which is most likely the direction they are heading [[assuming the Chinese sell). The Penobscot is the only one with large enough floor plates that could actually stand for a commercial renovation. I actually think one of the suburban banks [[Flagstar, Telmar ect..) should look at this for their flagship regional HQ. I also think One Detroit Center could end up as a bank flagship too.