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https://commercialobserver.com/2020/...al-park-tower/

Extell Suspends Construction on Central Park Tower, not Brooklyn Point
Construction at Brooklyn and New Jersey sites will continue

BY CHAVA GOURARIE
MARCH 24, 2020

Quote:

Extell Development has halted construction on its $4 billion supertall known as Central Park Tower, while keeping other construction sites open, the company reported to the Tel Aviv Stock Exchange.

..... Extell will continue construction on its other projects however, including Brooklyn Point, its mixed-used development at Downtown Brooklyn, as well as the residential Lofts at Village Pier in New Jersey, per the statement.

Extell has also closed its sales and leasing offices for most of its projects, though it will make efforts to deliver contracted condos at One Manhattan Square, One57 and the Lofts at Pier Village, which opened in January of this year.

“At this time of this statement, the company can’t estimate the impact of the above on its business outcomes, because the impact is dependent on the period of time that construction is paused and the sales and leases offices will remain closed, or operating with limited function,” Extell wrote in the statement.

Amazing how ESB is blocked out of the view... first time I think I've seen this in a macro view of Manahattan.

https://media.gettyimages.com/photos...06?s=2048x2048

I can't wait to see this when JPMC has been built! :cheers:

Can someone give me the right reason to halt the construction ??
I hope the resume will come as soon as possible!!!

Quote:

Originally Posted by faridnyc (Post 8872460)

Can someone give me the right reason to halt the construction ??
I hope the resume will come as soon as possible!!!

Google "Coronavirus"

:yes:

Should have spelled it out:

https://commercialobserver.com/2020/...al-park-tower/

Quote:

The company made the move in response to the coronavirus crisis, as New York city becomes the epicenter of the pandemic in the United States, with more than 13,000 cases in the city alone as of Monday afternoon.

In my latest video from today Central Park Tower here is shown: BY QUEENSNY121:
https://www.youtube.com/watch?v=HPkXbUe1YVI

I can not wait for the rest of that high saturation blue film on the glass to come off already, lol, i hate the way it looks and the normal glass makes the building look 1 thousand times better. Been taking forever.

Its amazing how sheer height can -to a certain extent- overcome rather mediocre design...

Hopefully something tall and stylish is in New York's future. It's only a matter of time.

Quote:

Originally Posted by NYguy (Post 8875723)

https://www.instagram.com/p/B-Nk7zWnPDC/

https://scontent-ort2-2.cdninstagram...f6&oe=5EA92AA6

It's so beautiful during the night. And you are making me confused between Building 111 and Central Park Which building is beautiful and suitable for investment. And I started to hesitate when seeing this picture. Hahaha. Thank you.

From Au Suthit

Quote:

Originally Posted by NYguy (Post 8872127)

Budget or expenses are very high If calculating money, my country is 130,000,000,000 THB in value which can build up to 4-5 tall buildings I think if you come to build in my country, the value should be around 1,000 million USD or approximately 32,500,000,000 THB. Thank you.

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