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Originally Posted by antinimby
But first, they have to build a platform over the railroad tracks. That takes a long time.
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Apparently not that long...
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They hope to kick off marketing the northern office tower of 1.6 million square feet within the next few weeks, for delivery in late 2010.
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I know Brookfield has had plans and agreements in place with the transit agencies regarding building the platform. Even so, I have trouble imagining more than two towers fitting on that site. But residential towers don't have to be very large, and will likely have much smaller footprints.
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Would they break ground without an anchor tenant? "Never say never," Clark said. "But we would need to know the Moynihan Train Station was going forward."
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The Moynihan project is moving forward, we should be getting plans on that next month. It's just astonishing the amount of commercial space being built on basically two blocks. I guess the developers in Midtown want to strike back early and hard at the WTC, something I don't think happend the first time around. But with the office market as hot as it is in Manhattan, there's not a better time to do it.
A look at NY's largest new office developments (doesn't include nearly full towers like Times, BofA, and Goldman Sachs)
Downtown
Freedom Tower............2.6 msf office tower
Tower 2 .....................2.5 msf office tower
Tower 3 .....................2.5 msf office tower
Tower 4 .....................2.8 msf office tower
Tower 5 .....................1.8 msf office tower
Midtown
Hotel Penn site ............2.5 msf office tower
MSG site.....................6 msf - 2 office towers
Brookfield tower 1 ........1.6 msf office tower
Brookfield tower 2 ........2.5 msf office tower