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Originally Posted by MAC123
You can think whatever you want about the design, but a tower of that size or bigger is going to rise there and in other adjacent lots in the future. The ESB will be blocked eventually and that's just something you're going to have to get over.
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This tower is going to rise there. Whether or not Vornado changes design remains to be seen. One thing for certain, this tower won’t be built without a tenant now, which is how things usually go. But plans were never abandoned or canceled.
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“I inadvertently created a whirlwind when I made what I thought was an obvious comment on our third quarter 2022 conference call that, ‘the headwinds in the current environment are not at all conducive to ground-up development,’ which was interpreted as our abandoning the grand plan,” he wrote in a letter to shareholders. “Nothing could be further from the truth. A pause necessitated by economic conditions is not abandoning.”
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