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Originally Posted by GFSNYC
Residential units should also do very well there despite not having the greatest transportation access. Honestly, I think the idea of having a modern-trolley along 42nd and making it pedestrian only will greatly improve the east-west connection, and benefit the more underdeveloped west side. Which segways into officespace, which would benefit greatly from the new Moyinahan Station, as well as (to a lesser degree) the ARC plan to bring NJ trains into Grand Central.
So you've got midtown access, you've got the tourist traps, nice views, and a convention center, and new zoning how is there not full-on support for atleast a handful of major hotel developments???
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There are hotels planned for the area. The rezoning is fairly new and its going to take a little time before the convention expansion and hotel construction gets underway.
Not to get off topic, the the group Vision 42 has been advocating a modern trolley for 42nd...
http://vision42.org/
