NEW YORK | 175 Greenwich St. | 1,079 FT | 80 FLOORS - Page 157

NYguy · #**3121** Posted **Mar 29, 2013, 9:10 AM**

Quote:

Originally Posted by JayPro

But if this is in fact a go, I'm *really* fascinated right now at how soon 200G could follow suit.
I believe it was NYGuy who intimated that the domino effect can (read: should(?)/will(??))-happen with news of even *one* anchor tenant.

The best thing for getting more leases signed at all of the WTC towers is for one of them to open. Once there are actual office workers streaming in and business being done, the site becomes more than just a large construction or rebuilding zone. The WTC will be back and better than ever.

Silverstein only needs a minimal amount signed to get this one rolling, and what kpdrummer82 said could be true. We already know that Silverstein has been in talks. Understand that there are more than just two parties involved when negotiations are taking place. There are multiple office buildings proposed, large and small, around Manhattan. Each is a potential home, and multiple talks take place simultaneously. It's a time consuming process, but ultimately decisions will be made on what is best for the company in the long term.

Either way, there are workers on site, and work on the building continues. When we see a crane return, that will be the best news.

Hudson11 · #**3122** Posted **Mar 30, 2013, 9:28 PM**

if we don't hear anything by the end of Monday (this weekend being holiday and all) I wouldn't get any hopes up

WorldTradeCenter · #**3123** Posted **Mar 31, 2013, 2:12 AM**

Yeah, 3 WTC will be rising by the summer, I can almost guarantee it. I've heard that by next month there should be an announcement.

davidinasia · #**3124** Posted **Mar 31, 2013, 11:43 AM**

Quote:

Originally Posted by NYguy

The best thing for getting more leases signed at all of the WTC towers is for one of them to open. Once there are actual office workers streaming in and business being done, the site becomes more than just a large construction or rebuilding zone. The WTC will be back and better than ever.

Silverstein only needs a minimal amount signed to get this one rolling, and what kpdrummer82 said could be true. We already know that Silverstein has been in talks. Understand that there are more than just two parties involved when negotiations are taking place. There are multiple office buildings proposed, large and small, around Manhattan. Each is a potential home, and multiple talks take place simultaneously. It's a time consuming process, but ultimately decisions will be made on what is best for the company in the long term.

Either way, there are workers on site, and work on the building continues. When we see a crane return, that will be the best news.

If this latest rumor is true, I don't think we will have long to wait for the announcement from Silverstein Properties. The reason is that there is a snowball effect with leasing: the more tenants you get, the easier it is to get the next one - because the prospective tenants start to fear that if they wait too long, they will lose their opportunity.

And from what has been said about T3, it has room for maybe two major tenants at most. T4 and T1 are already about half leased or more. So taking all this into consideration, if they get the anchor tenant for T3, it not only allows them to start T3, it will allow them to ramp up the negotiating pressure to fill up T1 and T4 as well, and down the line, this will create a favorable situation for resuming T2. Good news all around.

yankeesfan1000 · #**3125** Posted **Mar 31, 2013, 12:49 PM**

^ I agree with your domino or snowball leasing theory, and have been saying that about all these projects for a while. This latest rumor shouldn't come as a surprise as we heard in early January that Silverstein was "closer than anyone realized" to landing an anchor tenant.

Just going to have to wait and see.

Norman Y. · #**3126** Posted **Mar 31, 2013, 1:58 PM**

http://www.flickr.com/photos/normanyen/

TechTalkGuy · #**3127** Posted **Mar 31, 2013, 3:22 PM**

This is one of my fav towers being built right now.
Can't wait to see it appear from a distance on the skyline!

Ed007Toronto · #**3128** Posted **Apr 1, 2013, 12:13 PM**

I'm certainly looking forward to it as well.

NYguy · #**3129** Posted **Apr 2, 2013, 12:21 PM**

The building already has street presence.

For people still wondering about the length of time it can take to land a particular tenant, consider the case of the Coach tower being built now as part of the Hudson Yards...

http://commercialobserver.com/2013/0...far-west-side/

Quote:

The great thing about Coach is that they are already in the neighborhood, so we didn’t have to sell them on its potential. Nevertheless, it still took three years to convince them that we could pull this project off. It’s a big project. It’s complex, and most people think it’s got a lot of risk. They need to see some of those risk elements mitigated or removed before they make big commitments. It was important for Coach to see us do the deal with Oxford, see us go to contract with the MTA and to see us design a building with their involvement. That takes time.

Silverstein I'm sure is confident he will land a tenant soon, but the process is a process.

Ed007Toronto · #**3130** Posted **Apr 2, 2013, 1:39 PM**

Complex set of issues involved in leasing a particular building.

babybackribs2314 · #**3131** Posted **Apr 2, 2013, 2:43 PM**

Update from the other day. No sign of exterior progress, but fingers crossed it begins soon.

175 Greenwich Street April 2013 Update

NYguy · #**3132** Posted **Apr 12, 2013, 5:39 PM**

April 11, 2013

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Barbarossa · #**3133** Posted **Apr 15, 2013, 2:20 AM**

It's just an office building.

UTEPman · #**3134** Posted **Apr 15, 2013, 4:21 AM**

Quote:

Originally Posted by Barbarossa

It's just an office building.

If you're looking for a group of people who share your sentiment, you should probably go to a site that is not dedicated to skyscrapers and skyscraper enthusiasts....

JayPro · #**3135** Posted **Apr 15, 2013, 3:18 PM**

Quote:

Originally Posted by Barbarossa

It's just an office building.

With all due respect, that would be like saying that Westminster Abbey is just another church.

TechTalkGuy · #**3136** Posted **Apr 16, 2013, 4:23 AM**

Quote:

Originally Posted by Barbarossa

It's just an office building.

This is one of my fav buildings under construction right now and (yes), I am offended by that statement!

If you have nothing to contribute, then please spare us the rhetoric of your insignificant ignorance.

I love this tower and I love NY !!

Tectonic · #**3137** Posted **Apr 16, 2013, 11:11 AM**

This is my fav of the group. I'm sorry they removed the cross bracing, all the other WTC already have tons of plain glass, the bracing would have reduced that a bit.

Tectonic · #**3138** Posted **Apr 18, 2013, 9:00 PM**

I don't remember exactly why, but I think it was a cost cutting move as usual.

TechTalkGuy · #**3139** Posted **Apr 19, 2013, 5:41 PM**

Quote:

Originally Posted by Tectonic

I don't remember exactly why, but I think it was a cost cutting move as usual.

I believe that I read somewhere that the cross-bracing was removed due to concerns that birds would flock to the beams and cause massive droppings to the ground below.

hunser · #**3140** Posted **Apr 19, 2013, 6:02 PM**

^ Or that the view of future tenants would be affected, because of the X bracing.