Posted Feb 8, 2019, 5:23 PM
|
 |
New Yorker for life
|
|
Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,912
|
|
There will be a lot of scrutiny on this tower. The developers understand that they will need to get this approved.
https://www.6sqft.com/grand-hyatt-tr...-office-tower/
Quote:
No final agreement has yet been signed; the project requires approval from the city and the state. The current 1,298-room hotel, which employs 925 people, will reportedly stay open until sometime in 2020. The New York Hotel and Motel Trades Council has negotiated a $165 million buyout agreement with Hyatt on behalf of hotel employees that would, for example, pay a room attendant with 30 years of experience over $214,000 in cash as well as pension credits.
|
__________________
NEW YORK is Back!
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
|