Quote:
Originally Posted by ChiND
Since there’s no indication that this hotel will close, I’m doubtful that this project will begin construction this decade. Maybe it’s a project for the 2020s.
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You can confirm this or is it an opinion? I'm also assuming you mean 2030s. Last we heard it will close after 2023.
Hyatt's own website says "RXR Realty and TF Cornerstone plan to redevelop the property, creating an iconic 2+-million-square-foot mixed-use development, including a new luxury hotel, world-class office and retail space, new public open space and dramatic improvements to the public transportation infrastructure in the Grand Central Terminal transit complex. At this time, the hotel would close for such redevelopment no earlier than 2023."
https://www.hyatt.com/en-US/hotel/new-york/hyatt-grand-central-new-york/nycgh/news-events