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Old Posted Oct 19, 2017, 3:53 AM
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Join Date: Jul 2001
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Quote:
Originally Posted by Eidolon View Post
Anyone notice that the number of new supertall proposals has slowed to a trickle in these last few months? I know we NYC fans are spoiled rotten when it comes to towers of all kinds, but does anyone have a hypothesis for why this slowdown is occurring? End of the current cycle with the next boom starting in a few years down the line? Problems regarding the end of 421-a?
The proposals need to slow down, both on the residential and office end, until we get the current proposals built and occupied. It's all about the market. We have more going on right now than can be reasonably expected. Look for proposals to pick up after the current boom settles in.
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