Quote:
Originally Posted by chris08876
I'm hoping we see a boom on the level of the last where both HY Phase II, PA Terminal, Penn District and Midtown East go rampant.
I feel at this moment we are seeing the very tail end of the last boom, with many projects at the stages of being complete or have recently been complete but I'm not really seeing that spike, at least based on some of the permits being issued. It has slowed down but let's hope we get a Bloomberg style boom in the works within the next 2-3 years.
Not to say things aren't occurring but it's not that warp speed like in the past where the whole city was "literally" littered in cranes. I hope 2023 kicks it up a notch!
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I think you will see a spike in activity whenever the interest rates come down.