Quote:
Originally Posted by Prezrezc
Aside from the Park Lane proposal, I might have read here about only one or two others.
Is there at least a partially concrete number of pipelined deals out there?
|
There are no other Billionaire's Row towers currently u/c.
But there are about a half dozen assemblages, including one by Durst, one by Vornado, two by Solow and one by Extell. You can see visual evidence on Google Streetview, such as on 57th just east of 6th Ave., where you see a cleared vacant lot on south side (that's a Durst assemblage), and there's a cluster of partially vacant buildings on the north side (that was an assemblage by a Jewish social services organization).
Assembling sites in Manhattan can take decades, because you have to wait out rent-controlled tenants and covertly buy properties under hidden names to not arouse suspicion.