^ I know that. Building on demand is the right way, of course. We don't need towers sitting empty for years or even decades.
But the city is in a skyscraper boom never witnessed before. This boom is even greater than the one in the 1920s/30s, if I may say so. So it would be the perfect opportunity to build something really epic
. I honestly don't care that much what other cities build, I mean it's already hard to follow New York projects. It's just that the tallest towers are all in the same height range: 400 - 450m. That's a plateau. I know that I'm kind of spoiled, many cities would envy New York's current supertall boom. But this city really needs a true signature tower which is taller than the rest. As Eidolon said, if we don't get a monster tower now, we sure can wait for the next cycle (10 - 15 years).
Look at this ...
Originally Posted by Vertical_Gotham
The Hudson Yards would also be massively expensive. I estimate the total cost between the major players between, Related, Brookfield, Tishman Speyer and JPM amounts to an estimated $35 Billion not including 3 HB and all the other smaller projects.
$20 B | Related Phase 1 & 2
$6.5 B | JPMC Campus (2 towers)
$4.5 B | Brookfield Manhattan West Campus (3 Towers)
$3.2 B | Hudson Spire (1 Tower)
Unverified and not included in est. figure.
$3B | McCourt/ Hines (1 Tower)
$35+ Billion!! That's insane. One could build several megatalls with that kind of money. But instead we don't even have a 400m+ tower @HY. What a shame.