If so, then the university has struck a real good deal for itself, since the taxpayers are footing the bill for any new housing in and around the expansion area. We'd be willing to bet, however, that Columbia will be willing to invest even more if the right situation presents itself. Stay tuned on this.
And we're also certain that local elected officials will be in the front lines on the effort to encourage the university to avoid ED and partner in significant housing for the impacted West Harlem community. There's something in the swap deal for all the parties to this dispute.