Quote:
Originally Posted by ChiND
So this would still be a relatively small office building. It would be nice to see an iconic hotel/condo here.
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The market here, on prime Park Avenue, is for office. And the rents will be through the roof. Not all of the new buildings are going to be 2 msf giants. Extell is getting warmed up to the office market, with 570 Fifth all but done. They could
still put condos at the top, a max 20% could be residential. Views would be nice, but his other towers are where the best views are, and I don't think they really want that many residential towers going at once.