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Old Posted Mar 15, 2007, 11:50 AM
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Quote:
Originally Posted by antinimby View Post
But first, they have to build a platform over the railroad tracks. That takes a long time.
Apparently not that long...

Quote:
They hope to kick off marketing the northern office tower of 1.6 million square feet within the next few weeks, for delivery in late 2010.
I know Brookfield has had plans and agreements in place with the transit agencies regarding building the platform. Even so, I have trouble imagining more than two towers fitting on that site. But residential towers don't have to be very large, and will likely have much smaller footprints.


Quote:
Would they break ground without an anchor tenant? "Never say never," Clark said. "But we would need to know the Moynihan Train Station was going forward."
The Moynihan project is moving forward, we should be getting plans on that next month. It's just astonishing the amount of commercial space being built on basically two blocks. I guess the developers in Midtown want to strike back early and hard at the WTC, something I don't think happend the first time around. But with the office market as hot as it is in Manhattan, there's not a better time to do it.

A look at NY's largest new office developments (doesn't include nearly full towers like Times, BofA, and Goldman Sachs)

Downtown
Freedom Tower............2.6 msf office tower
Tower 2 .....................2.5 msf office tower
Tower 3 .....................2.5 msf office tower
Tower 4 .....................2.8 msf office tower
Tower 5 .....................1.8 msf office tower

Midtown
Hotel Penn site ............2.5 msf office tower
MSG site.....................6 msf - 2 office towers
Brookfield tower 1 ........1.6 msf office tower
Brookfield tower 2 ........2.5 msf office tower
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