Posted Jan 7, 2010, 10:51 AM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,903
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Quote:
Originally Posted by Dac150
This is a mess that I’d like to see be fixed sooner rather than later. I’m not so much bummed out about losing the Drake as I am there just being an empty lot along Park Avenue. Hopefully with some help from the from the private equity firm, Harry can get himself together and get to work.
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My guess is that we're now talking a strictly residential tower. No way they're going to get 60 floors of office space in a tower of only 600,000 sq ft...
Quote:
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The agreement with CIM would enable the Macklowes to move forward with their development plans for the Drake site, which sits on Park Avenue between 56th and 57th streets and is where the Macklowes want to construct a 60-story, 600,000 square foot tower.
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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.
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