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[QUOTE="OttoMets, post: 3223581, member: 716"]
Mizpah's not a good situation. Tom Cerio, a local attorney, owns it and there's been unauthorized interior demolition going on sporadically for the last couple years.

210 East Fayette is owned by an interesting character who's got a law practice on the top floor. He's done kind of a shoestring renovation of the storefronts but I'm told he's holding out for some public money to carry out some kind of unspecified interior work. I don't expect much progress.

There's still a pretty decent vacancy rate in a lot of large Class B office buildings, though the residential conversions have reversed a very soft market in Class C space. The former Onondaga Savings Bank building is mostly empty, I think the Gridley Building across the street is the same way, and the Chimes Building's renovation seems to have stalled. Obviously Sibley's/City Center is in limbo, with several hundred thousand square feet. And there are a number of vacant upper stories in the 400 block of South Warren, 200 block of East Jefferson, and 200 block of Harrison. Bit by bit, though, gaps have filled in. It is interesting to see commercial land demand shift as the low-hanging fruit of vacant improved space gets renovated.

It will also be interesting to see how much of the Inner Harbor's momentum serves to poach large employers from downtown. Land is still cheap up there, and the city is permitted more or less unchecked development despite fairly restrictive zoning laws. (Translation: developers are providing free parking for tenants up there, which downtown can't accommodate or compete with.) I've heard rumblings about more departures as leases expire.
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