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Originally Posted by Hudson11
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They’ve definitely scrapped those plans. In recent years they’ve started a major cost cutting push and are expanding their presence in cheaper cities for back office functions.
Their headcount in the NYC area is unlikely to grow enough to justify another tower anytime soon. They never even filled up their existing tower in Jersey City.
I wouldn’t be surprised if they end up selling the 55 Hudson street lot because that area is a hot spot for residential development.