Posted Nov 2, 2024, 5:20 AM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 56,672
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Quote:
Originally Posted by ChiND
NY Guy, do you have any idea as to the size of the office component? It’s my understanding that this may have office, hotel, and condo components. If so, I hope that the office component is sufficiently small (e.g., 500k sf or less), so that this tower can rise on spec.
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This is the quote:
Quote:
”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.
”We expect all the major developers and global capital sources to be interested. It will attract the greatest architects. The Roosevelt location is in the hottest part of New York City, close by Grand Central Terminal,” he said.
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Residential can be no more than 20% of the max 1.3m zsf.
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