Criticism
With condo prices set from US$500,000 to US$2,000,000, many critics have noted that the One Rincon Hill complex is too expensive for most San Franciscans. With the total initial development cost of US$290 million, the average development cost per unit with 709 units total is approximately US$409,000. However, the developer Urban West Associates has contributed a total of US$38.5 million to funds like the South of Market Community Stabilization Fund in order to address this concern.
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Famous quotes containing the word criticism:
“When you overpay small people you frighten them. They know that their merits or activities entitle them to no such sums as they are receiving. As a result their boss soars out of economic into magic significance. He becomes a source of blessings rather than wages. Criticism is sacrilege, doubt is heresy.”
—Ben Hecht (1893–1964)
“A tailor can adapt to any medium, be it poetry, be it criticism. As a poet, he can mend, and with the scissors of criticism he can divide.”
—Franz Grillparzer (1791–1872)
“It is from the womb of art that criticism was born.”
—Charles Baudelaire (1821–1867)