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Originally Posted by SkyHigher
Oh come on.....many of these towers will be downgraded or won't get built simply because there won't be the demand there was before. Acting like things are normal is ludicrous. NYC will bounce back at the earliest in a few years but it won't be the same as before.
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We've done this foolish dance before. We won't do that here.
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I would have thought we'd see some projects fast tracked and up and running before the full damage of this crisis is seen.
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It's called planning. These towers don't just jump out of the ground because someone thinks it's a good idea. Do you remember the financial crisis, when everything stopped around the world, including the massive development over at the Hudson Yards. Took a little while, but that got started, and is well on it's way to being completed.
Anyone who thinks businesses will lead a mass exodus out of the city is just an idiot.
For the rest of the room, the smart people know that the business of headquarter location and lease signing (new and renewal) will go on, throughout any crises. That means years of planning as well.
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Originally Posted by Zapatan
Luckily I don't think this would start for a while, as far as the article goes it's just an opinion piece, people are often overly negative and exaggerate things.
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Don't pay attention to "opinion" pieces, we're dead center in the middle of a pandemic, and yet leases are STILL being signed.
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Originally Posted by SkyHigher
It's affects are literally 'everything' and the city has never faced such a grave threat. This isn't part of the city. It is every city.
You can't compare it to anything before because as I said it's ongoing, it's a worldwide event.
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Yes, it is a worldwide event. We are still in the year of the pandemic. To suggests everything is going to be shut down for years, however, is ridiculous. As far as never happening before, you may want to look into the pandemic of 1918...
https://www.cdc.gov/flu/pandemic-res...emic-h1n1.html
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It is estimated that about 500 million people or one-third of the world’s population became infected with this virus. The number of deaths was estimated to be at least 50 million worldwide with about 675,000 occurring in the United States.
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We're not even close.
Many places (including New York) have already shown how to defeat this virus and office buildings among other key places in life have adapted with more safety measures.
But beyond all of that, this thread is about the rezoning around Penn Station. Your concerns about the virus are overstated, and belong elsewhere.