After reading this I am begining to get worried that 3/4 of the supertalls planned on the Westside won't be built. Though it is too early to determine, from reading this, I have concluded that the most important thing for these companies (Vornado, Brookfield, Macklowe, & Boston prop.) to do is to nail down tenants to get these projects off the ground.
I for one cannot blame them. Building an office tower without the confirmation of tenants is a tremendous risk (even with the commercial market being what it is presently, you just never know).
I understand on the financial aspect, but as someone who loves Manhattan and skyscrapers, the lack of confidence is somewhat of a disappointment.
On a more brighter note, I am excited that the towers planned to go up in Mid-Town seem to be on their way. And as for the Westside, it is still too early to determine what will happen. Things can change very quickly.
__________________
"I'm going there, but I like it here wherever it is.."
|