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Old Posted Jun 21, 2021, 12:15 AM
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chris08876 chris08876 is offline
NYC/NJ/Miami-Dade
 
Join Date: Jul 2013
Location: Great State of NJ
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I would be inclined to think mixed used but given the market outlook (positive), we could be in store for a hospitality (hotel) boom or at least a sizable increase in citywide square footage... so a mixed-used is starting to become more and more feasible. With some recent reveals with other parcels or considerations, looks like developers are expressing confidence for the cycle.

Quote:
Originally Posted by NYguy View Post
A mixed use hotel-residential tower is likely, with the affordable housing component thrown in. Probably something in the 800 to 900 ft range. Being across the street from Javits makes a strong case for hotel, but Cuomo wants some type of affordable housing on this site, and also the block just south of the Javits.
I'd be happy with that. More affordable housing is always a plus. Going back to market outlook, maybe they will stick with the original specs but just tinker with the functionality to account for affordable % vs hospitality %. Ala ratio.
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