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Old Posted Nov 4, 2008, 1:18 PM
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NYguy NYguy is offline
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Join Date: Jul 2001
Location: Borough of Jersey
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Quote:
Originally Posted by StatenIslander237 View Post
i'm surprised they are still proposing such massive projects in the current market. i'll be nice and take it as a sign of optimism, but we shall see.
Well, this isn't a new proposal, and it has a 2018 completion date. It'll be built out like everything else in the area, a tower at a time.

Quote:
The project is still in its very early stages of review. In December, Extell expects to start the "scoping," a seemingly inane step that allows lengthy public comment on what the draft environmental impact statement should contain. That clears the way for the project, some months later, to go through the city's seven-month approval process for a rezoning, which will be the last major hurdle.
It won't be starting anytime soon.
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