Quote:
Originally Posted by NYguy
Yeah, we never quite got a look at the "reconfiguration" that was planned. But for the amounts of money involved, I definitely think this would be more than simply converting the upper floors to residential.
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Current set up could support a super tall and 4 billion guarantees us at least 950 ft +.
Mixed used, with the addition of residential will make height a priority in terms of pricing. Better views demand better prices. So given that there is a luxury residential component on the upper floors, it will most likely catar to similar buys like we've seen on 57th Street. And with that, a tower needs to stand out to attract those tenants.