Quote:
Originally Posted by Raysiri
But what happened to Tower Fifth and what led to the height reduction of 175 Park Avenue skyscraper???
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Tower Fifth: Macklowe needs to acquire the Venezuela consulate / embassy on the site in order to build and it doesn't seem that will happen. Some say he may be able to build around it but I'm not sure how he'd go about that. We haven't heard anything about the tower moving forward recently. That's as far as I know, perhaps someone more knowledgeable can weigh in.
Height reduction on this: $$$ probably and the fact that it still dominates the area, it doesn't need to be 1650+ feet.