Quote:
Originally Posted by mrnyc
it's a shame, but perhaps not totally surprizing given its strictly an office tower.
i would think they would really want to build big as possible to get maximum return for all the expense and efforts needed to first cover over the railyard? 
oh well -- 1.7M sq ft of office space for it will still give us quite a street presence in the immediate area. |
It could be a risk calculation. 1 MW is almost fully leased, but with the competition, might be better to shave several millions and not risk building too tall where it might be hard to fill up after a certain occupancy % (2 MW that is down the line).
There is still 3 Hudson to fill up, which is all competition, even though there within proximity.
Cost savings wise it definitely shaved some millions off.