I guess they abandoned plans to upgrade the South Texas Building to "Class A" office space.
http://www.baruchproperties.com/Prop...Bldg/index.asp
Which probably means not to expect any office space going up in downtown any time soon.
Also, Wasn't the Neisner building supposed to be residential? Could it be that a demand for rooms is still considered strong despite all the rooms that are becoming available (embassy suites included), or is demand for downtown residential is not so strong?