This sounds like it will be a 425 Park situation. The site calls for a grander skyscraper (sitting on the lucrative Vanderbilt corridor), but now they're going to build something new sooner rather than later affixed with those transit improvements. Full demo here, of course, but it may not be a supertall if they're insecure about funding. Pull it down, put something better up asap and lease it.
edit: I think I read that wrong. The MTA is the one with a funding shortfall (decrease in ridership) BP is the developer here, so maybe that won't be reflected in the design.
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