Quote:
Originally Posted by JMKeynes
I’m shocked that McCourt is sitting on this in light of the scorching hot condo market. Does anyone know if he has partnered with a real developer? I thought that he did.
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He’ll probably sit out this cycle into the next.
Quote:
A spokesperson for McCourt Partners said the developers are “100 percent committed” to completing the project, a 730,000-square-foot retail and residential tower.
“They have very exceptionally patient capital,” he said. “Their time frame is like 99 years.”
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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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