Quote:
Originally Posted by NYguy
All of this has been discussed, some of it JUST A FEW POSTS ABOVE. These things are posted so you don’t simply have to take anyone’s word. Demolition and construction will begin at the same time.
Vornado demolished the Hotel Penn because it was no longer open, and they are going to build a tower there anyway. It was always a placeholder that at least made some money when it was open.
As far as this tower being “aspirational”, then you clearly have no idea about development in New York and why it’s being built. But in short, it’s not an aspirational project.
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I didn’t understand what you posted about demolition and construction happening at the same time. If you’re suggesting that RXR will use the existing foundations (which I don’t know how that would even be possible since this building will be much taller than the Hyatt), don’t they still need to remove the whole structure that sits above ground level? I’m not an engineer, so I don’t know.