Quote:
Originally Posted by Doubleu1117
Possibly a bit unrelated, but can anyone fill me in on what's happening with NYYimby.com Seems like there hasn't been a new article since February 21st. Did I miss something?
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Yeah its yimby news now. Also, be sure to check out the development map. That's something I remember Nikolai telling me 2 years ago that he wanted to implement. Finally coming to fruition.
Still in development, but it will be very comprehensive based on the current data.
Quote:
Originally Posted by Crawford
15 Penn Plaza is still owned by Vornado and they still plan redevelopment.
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Might be something that rises past 2020. I've heard figures being 2025. There were some renovations recently at Hotel Penn I believe. Probably in an attempt to extend its life another 10 years.
Right now though, I don't think the market could support a tower like 15 Penn., especially if it's all office.
I think given the area, the development potential, they should go big, and thus, wait until the market makes more sense to support a large tower on that footprint. A sacrilege would be to downsize any future development.
This in theory, could be a site for the cities new tallest. In theory it could!
