Quote:
Originally Posted by chris123678
I wouldn't have wrote it if I didn't know what i was talking about.
I remember reading that back in 2007, Larry wanted to cap both buildings at 7 stories. If he finds no tenant, then these towers will never be built. I'm pretty sure tower 3 will be built, but I question 2. Tower 2 is 3 billion dollars.
I'm just being real, if nobody wants to lease space, especially is this tragic economy, then what's the purpose for them?
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Oh, okay, I apologize. You read something five years ago, now you're an expert. Almost 90% of Manhattan's commercial real estate predate 1970. Can't argue with statistics. With that in mind, outside of us slipping into a prolonged depression/recession the fact that so much of Manhattan's space is so incredibly old almost single handedly guarantees this will be get a tenant, maybe not next month, or next year, but within 5 maybe 8 years, absolutely.
Why would Silverstein spend millions of dollars building it up to this point, and then because he can't get an anchor tenant, throw up the white flag and say oh well looks I'll never be able to get a tenant? That makes no sense.
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