Quote:
Originally Posted by MAC123
I realize it's a big tower but $4 billion? How is this sustainable? That's more than 1 WTC cost (obviously not really because Inflation and all that but you get the point)
Is this just the norm now? Is every mid to large project going to be billions now? Crazy work.
Obviously the developers can afford it now because big projects continue to be built and planned but for how long at this trajectory?
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Quote:
Originally Posted by mrnyc
^ its the norm for new build class A if you want enough quality and amenities to attract major clients.
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Also, the full tower hasn’t been revealed. DOB filings currently don’t reflect the larger tower.
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