Posted Nov 18, 2009, 1:32 AM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 52,412
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Beyond the design being finalized, the greatest news from that release is that there is now financing in place to move the tower beyond just the foundation. I think we'll be moving this into construction soon.
Quote:
Aabar Investment, a company controlled by the Abu Dhabi Government, is helping fund the development of a 73-storey luxury apartment building and hotel in New York City.
Mr al Qubaisi said the deal with Extell, the company of the development giant Gary Barnett, could be the start of several property projects in New York.
“We selected Gary Barnett for our first project,” Mr al Qubaisi said, adding that the company was also reviewing other potential property deals in New York. “If things go well, we will start another project.”
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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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