Quote:
Originally Posted by NYguy
What, you expect people to actually read before posting inanities?....
That's not true. While it's true that there will always be companies that would rather be located in Midtown than Downtown, that are always companies that move Downtown from Midtown - in the good times and bad. Midtown has it's own stalled buildings (remember 15 Penn?) Every building has a unique story, and this building will not be effected at all by another sandy.
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Sandy wasn't a worst-case scenario. The point is that climate change seems to be accelerating and rising sea levels combined with more storminess give pause to major companies locating in potential flood zones. What if the surge was 5-feet worse than Sandy; not unimaginable in a worst-case, and something I would say would be likely within the next 50 years?
Big companies plan for long horizons - if there is inherent risk, why bother?