Posted Nov 17, 2010, 3:35 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,900
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I was reading that earlier, but I believe it will be a while before anything comes of it...
http://www.nytimes.com/2010/11/17/re...html?src=twrhp
Bryant Park Finds Bright Spots Amid the Gloom
By JULIE SATOW
November 16, 2010
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The new CUNY lease is part of a larger strategy for Allied Partners. The company has spent the last decade acquiring surrounding air rights and buildings, including the acquisition this summer of 54 West 40th Street. With close to 300,000 square feet of developable space, Allied Partners is working with the British architect Norman Foster on the design for a mixed-use project that would build on top of 54 West 40th and cantilever to the 50 West 40th Street building. Construction, however, is unlikely to take place for a number of years.
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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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