One of the risks of buying a view condo, especially in the downtown area, is you never know what projects could come up around your building. Even after you or your Realtor does due diligence to research the neighboring lots, there is always a chance that a taller building might be constructed right next to you and block your views, sunlight, and mojo. If you are buying in the densest downtown zone, there is no required separation between your tower and your new neighbors. This can be an unpleasant surprise for many homeowners; just ask some of the residents of the Cosmopolitan. Read more.