Posted Aug 21, 2023, 5:36 PM
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Registered User
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Join Date: Nov 2003
Location: Brooklyn, NYC/Polanco, DF
Posts: 34,681
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Most of the converted space will be in older garment buildings. Essentially vertical factory buildings. They aren't going to be converting Class A Midtown space.
Also, the Garment District has a lot of potential development sites that couldn't previously be redeveloped due to zoning restrictions. There will be a number of new residential towers.
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