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Originally Posted by smilescraper
The text amendment is approved.
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Hopefully we are closer to a reveal.
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Originally Posted by patriotizzy
Is this the most exciting reveal in recent NYC development? It seems like there is so much hype over the reveal, I hope it doesn't end up short of fantasy.
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It's exciting because it's been a slow tease. We were expecting something around 1,200 ft, but bracing for less. Then we get the 1,400 ft version with 1,500 ft potential. A new giant will tower above the city, joining what is turning out to be an army of giants. Im hoping the design reveal is something to be further excited about.
I think they're going off old info here, but just because...
https://patch.com/new-york/midtown-n...-grand-central
JP Morgan To Fund Improvements At Grand Central
The funding deal was negotiated as part of JP Morgan's massive redevelopment of its Midtown headquarters.
By Brendan Krisel
Mar 27, 2019
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The exact amount of JP Morgan's investment in repairs is not yet determined, because it will depend on how contruction work on the new 270 Park Avenue affects the MTA's ability to conduct work at the Midtown transit hub, transit officials said. In addition to funding repairs for Grand Central's Metro-North train shed, JP Morgan agreed to build a new East 48th Street entrance and compensate the MTA if work on 270 Park Avenue disrupt's the transit agency's own work at the station, MTA officials said during a Monday meeting.
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JP Morgan Chase announced its plans to build a new 2.5 million-square-foot headquarters in February 2018, and construction work is expected to begin in 2019. The new tower could rise more than 1,500 feet, which would make it taller than the Empire State Building.
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