Quote:
Originally Posted by JManc
That stretch on Park Ave. is a showcase of some of the finer examples of Mid Century design. 270 Park was a tragedy when Manhattan is littered with shitty inconsequential buildings.
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It's all about the location. The old building would still be standing if it were located somewhere else, like 8th Avenue or even lower Manhattan. But Park Avenue is prime real estate, the top business district in the city, and officials intend to keep it that way. That was changing, as newer towers were being built elsewhere (due to zoning). Even JP Morgan Chase was looking to flee the area, and would have if the city caved in on tax breaks for a move. They just happened to be fortunate enough to own prime real estate that could suit their needs. When this tower is complete, we'll be halfway toward the midpoint of a new century, but the heart of Manhattan will have fresh blood.