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Høpfner said, "I bought a site.
Sadasi has bought a site on the other side of the highway on which it aims to build a further 40,000 homes by 2007.
There are also two Sikh temples, in Glen Cove and Plainview, and a Jain congregation has bought a site for a temple in Lake Success.
About 40 houses followed, the most dramatic for Papworth, who bought a site in Godalming deemed by other architects too steep to build on.
In 2010, his company bought a site in Piscataway already approved for 152 age-restricted homes and immediately applied to local officials to convert the plan to 120 market-rate single-family homes and 30 age-restricted affordable rental apartments.
In '95, I bought a site on 43rd Street, between 10th and 11th, for $2.5 million, for 400,000 buildable square feet, and had to drag my dad kicking and screaming into that.
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A purchaser can buy a site and build on it independently or can have the developer construct a predesigned house.
The year before, he was also unsuccessful in his efforts to buy a site owned by the Royal Army Medical College.
At the same time, analysts and investors are likely to question whether buying a site that has struggled to generate revenue makes sense.
Three times in the last two years, the New York Public library came close to buying a site for a new library in the neighborhood, but each time the deal collapsed.
'When we buy a site, we're thinking about the marketing proposition and the target audience from day one,' says Stephen Stone, chief operating officer of Crest Nicholson.
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