Every time I go downtown, I can't imagine what must be going through the heads of those people who paid top dollar to have a high rise condo view of the city in the brand new Kilbourn Tower only to have that view wiped away by yet another even higher condo right next door - the University Club Tower. I've seen houses on the northside that are spaced father apart than that. Even worse, the still under construction University Club Tower didn't even put windows in on their north facing side so now the tenants in Kilbourn Tower who once had the best view in town (for about a year), now have a view of a block wall. Can you say plummeting values? The funny thing is if you go on the website of either building, neither one has any photos or artist redenderings that acknowledge the presence of the other building looming right next to it. Here's what they're selling:

http://www.kilbourntower.com/views.htm

http://www.universityclubtower.com/

Here's what you get: http://www.emporis.com/en/il/im/?id=452867

If I had a south facing unit of Kilbourn Tower, I'd feel like I got played big time.