Quote:
Originally Posted by NYguy
No. The tower construction would likely take up to 4 years. Hotel demo could take a year or two. That hotel is not re-opening, but I doubt they would start any demo this year.
It’s interesting that 15 Penn would be the only tower projected in the first phase. But Vornado would also be focusing on building 350 Park in that timeframe.
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???
the chart says start is second half of 2021 and completion second half of 2028.
thats seven and a half years.
maybe they are being optimistic and generous.