Well, it's likely we could see a design change, as even the Libeskind design wasn't final. This would be on the high end of construction, so until we return to those days, it likely won't be built, along with a hosts of other proposals. This being New York though, that market always returns, and with towers like the Tower Verre and 56 Leonard waiting, we should expect no less.
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the developer is betting that the current fiscal misery will end before the approvals process does. “The assumption is that by the time construction starts, we’re going to be looking at a different economy,” Lloyd Kaplan, an Elad spokesman, says.
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According to a spokesman for developer Elad Properties, the images "were made at least a year ago, for publication purposes, and no longer reflect the current state of the project."
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