Posted Feb 9, 2011, 2:38 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,919
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http://www.observer.com/2011/real-es...yramid-reality
Quote:
...Yesterday, Durst Fetner Residential announced that it is officially moving forward with the 600-unit rental project to be designed by Ingel's eponymous group (BIG), following a profile of the architect in the latest issue of New York magazine. The project will go before the local community board Wednesday night, and Douglas Durst told The Observer in an interview that he expects the project to begin the official public review process a year from now. That means we could see construction as early as 2012.
...When asked why he would dare undetake such a dynamic project in this market, cousin and co-conspirator Jody Durst reponded, "A strong back and a weak mind."
"We had nothing better to do at the time," Douglas Durst followed. Then he gave the real explanation. "Basically the answer is, we know, to get the approvals, we had to do something spectacular," the elder Durst said. So this was the will of exacting Planning Commissioner Amanda Burden? "Certainly not!" (Later in the interview, Douglas Durst would allow: "We've been told by the Planning Commission that this is really a gateway to Manhattan and it really has to be stunning.")
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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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