Quote:
Originally Posted by Dac150
Yes, I am aware of that as I noted it in my post. All I'm saying is that you never know how the market will turn, and if for some reason it goes down hill, 3/4 of these building's probably would not be built. The longer it takes to find tenants, the more they are riding the market.
|
What you mean to say is, they probably would not be built
tomorrow. But the space will be built ultimately and eventually because it
has to. New York always needs new "Class A" office space, and the push towards more "green" space will just escalate that. Other than the WTC towers, which are pretty much under construction, the last place for expanded office growth is on Manhattan's west side.