Holdout

A holdout is the owner within an assemblage footprint who declines to sell — lawfully keeping their lot and its rights while the project forms around them. Assemblers respond by paying the holdout's price, redesigning around the parcel, or abandoning the footprint; the skyline documents all three outcomes in towers notched around rowhouses that stayed.

Holdout economics are the assemblage's mirror: the last parcel's owner captures leverage precisely because completion is worth more than the parcel. For records readers, the holdout is visible as the lot that never traded amid a footprint that did — a fact pattern, with the strategy left as inference rather than narration.