View Single Post
Old Posted Jan 10, 2018, 2:13 PM
chris08876's Avatar
chris08876 chris08876 is online now
Registered User
Join Date: Jul 2013
Location: New Jersey - Somerset County
Posts: 24,329
Yeah that site will be developed, its just the question of when really.

Ideally, it would be best to wait, until the ultra-luxury market isn't as saturated, and build a tower similar to CPT.

The super tall design may not be the final iteration, and is merely a placeholder until advances occur. Long-term is the key with that site.

IMO, I'd love to see a mixed used. Another hotel with a residential aspect (ultra-luxury). The residential functionality and price range will naturally come with the territory.

The site in theory could yield a new tallest. I think it will go the way of One57 and CPT as an investment tower meaning that it will attract wealth to invest in the units not for living, but for profit over time. If there is a hotel portion, that would give life to the potential tower.
Reply With Quote