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Old Posted Jan 11, 2014, 1:26 PM
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^ Since everything else at the Hudson Yards is becoming too similar in height, a standout tower would be very welcome there.


Quote:
Now that the Rosenthals are selling, Ryan, a senior vice president at Sherwood Equities who manages the company's acquisitions and sales, said it, too, will consider selling its parcel to either the buyer of the Rosenthal land or another purchaser.

Together the two sites could allow for an 1,800-foot mega-tower nearly 2.5 million square feet in size—what would be the tallest, and one of the largest, buildings in the city. Most of that structure would have to be for commercial use under the area's zoning, either office or hotel space, but it also could contain a substantial residential component as large as 400,000 square feet.

I think it's likely that the Sherwood portion would be sold as well, since they won't really be able to build the tower that was planned. I think marketing the site as a potential home for New York's tallest tower is meant to appeal mostly to foreign investors (or a developer) who have been snapping up trophy towers in Manhattan at an increasing rate.
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