Respectfully, I don't think either of you are adequately addressing the point I was making.
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Originally Posted by RoldanTTLB
Not for nothing, but the last round of tallest buildings all belonged to well healed transients as well. They just happened to be gilded-age bank owners and such (office towers!), as opposed to oil moguls (apartments!). Almost none of those buildings have fallen into the public sphere either. You're not allowed in the Woolworth building, and the only reason there's decent access to the redone lobby of 40 Wall is because of the giant Duane Reade now there.
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There's a huge difference between office towers and residences. Those buildings, when they weren't vacant due to economic conditions, were full of businesses. When they fell quiet it was because people went home. And I wasn't talking about them falling into the public sphere either; I was talking about them being
used. (I'd have no reason to complain if I was talking about public use, because we're getting 1 WTC and the Hudson Yards.)
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Originally Posted by NYguy
I think your concerns are unwarranted. This is one building. Even if it were ten buildings your concern would be off base. People who have money to buy in this building are going to buy. And whatever amount of time they spend in the city will be the same, whether it is a penthouse apartment at the top of a skyscraper, or a townhouse at street level. The city remains the same.
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I realize that it's one building. I said that in my first post. What I was saying is this looks like the start of a trend (432 Park, 105 and 225 57th, and more), wherein the richest people from around the world buy apartments in the tallest buildings in the city, and don't live in them. I don't know exactly where all this is going (no one else does either), but it's possible we're heading toward a future where nearly all of the tallest, most iconic new buildings in the city are largely vacant. I don't particularly like that idea, and I think it would change the character of the city. How could it not?
(And I seriously doubt these folks we're talking about would be buying as much New York real estate if they were townhouses. The whole point of these addresses are that they're prestigious and visible. That's why Mukesh Ambani built a skyscraper all for himself in Mumbai. These places exist to be seen.)