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Old Posted Oct 30, 2013, 11:42 PM
mrnyc mrnyc is offline
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Join Date: Jul 2006
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this is like the second or third wave of skinny residential towers to sweep nyc. i seem to remember there was some talk of zoning against them during the last big skinny bldg trend in the 1980s, but i guess nothing came of it:

Quote:
“It’s the value of the per-square-foot that makes super-slender possible,” she says. “You can spend a lot of money if you think there’s a market that will support five thousand, six thousand dollars per square foot.” The ability to engineer super-slenderness had been around for decades, but the financial rationale was missing. “Everyone thought it was economically preposterous, until people started paying 45, 88 million for an apartment. It’s perfectly logical, but the logic hadn’t been demonstrated until the last round.”

Last edited by mrnyc; Nov 1, 2013 at 7:58 AM.
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