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Old Posted Aug 10, 2007, 8:48 PM
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Dac150 Dac150 is offline
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Join Date: Sep 2006
Location: NY/CT
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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.
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