Quote:
Originally Posted by DCReid
My gut feeling is that it will be driven by perceived office demand and competition, and we won't know until the existing hotel on the site is demolished. But there has been a tendency to downsize office buildings in the city lately - such as 1 Vanderbilt and Manhattan West.
|
As
NYguy reminded us, the 1,486' version has the same number of floors as the earlier 1,646' version, so they satisfy the demand for square footage equally well. If there is no demand for high ceilings, then the developer will probably opt for the shorter version to save money.