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Originally Posted by NYguy
Not necessarily. That just means it will have the same amount of floor space. Even if this tower were to be all office, which isn’t what they’re saying now, everything depends on design. The interesting thing about One Vanderbilt is that although it is the second tallest office building in the city (after the Freedom Tower), it’s not in the top 10 largest office towers in the city, likely not in the top 20. It’s all in how the space is allocated. Vanderbilt could easily have been a shorter tower. Likewise, it could have been taller. Ownership of the Roosevelt Hotel is a point of pride for Pakistan, so it’s logical they would want something to retain that significance.
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How much square feet of office space do you think this might have in light of all of these varied uses:
JLL’s New York region CEO/president Peter Riguardi confirmed the deal to Reality Check on Friday Islamabad, the Pakistani capita:
“Pakistan hired us to evaluate the property’s potential as a mixed-use project combining retail, offices, a new hotel, condo apartments and event space all in a single building,” Riguardi said…