Well, the YMCA is a private non-profit, and owns the land from the river to the street, and that might explain why it thinks it is entitled to build on the river. The School Board probably figured that if the jail, and the courthouse and City Hall could be on the river, it could be too. In hindsight that all seems so stupid, but when it was going on, I wonder if it was; after all, back then there were no high rise condos being built around here.
With the Shipyards [not a] Project and the old courthouse, and the S.side Generating Station land available for riverfront use, there is plenty this City could get done if only someone with money and a viable plan or two showed up. So the School Board might as well stay where it is for awhile.
What I would like to see off the riverfront is our beloved Times-Union, with all of its rusty trucks and newspaper racks uglying up the scene and covering the outflow of McCoys Creek. (Oops, on second thought, that might not be such a bad state of affairs considering the condition of that creek.) That T-U site sure ain't much to look at from the Riverwalk.