Quote:
Originally Posted by brian.odonnell20
Well its not a horrible idea, because like i said it is being forced even though the leasing, the financing, and the aesthetics aren't there.
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It's not being "forced". One way or another, the WTC space is going to be replaced, emhasis on "replaced". As should be obvious, it's the only place in lower Manhattan where new office space
can be built (and make no mistake - the demand there will return just as surely as Goldman built itself a nice, fat headquarters). Considering the 4 to 5 years it takes to get towers of this magnitude built, it would be foolish to sit around and wait until a tenant is found to try and get the ball rolling. As it is now, Silverstein has a minimal amount of office space to lease to keep this one rising steady, and Tower 2 itself is planned to rise at lease up to street level - putting it at least a year or two ahead of any rival skyscrapers that will go up in Midtown. To make a long story short, demand for new, state of the art office space
always returns to Manhattan. The fact that there's hardly any of it being built now makes the need all the more greater.