Quote:
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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Vornado already stated they're not building east of 7th Ave anytime soon, should read the threads more as this is a potential site of MSG and not this blocky tower. Something will be built but its still to early to tell what.
'The U.S. economy shrank in the spring 2022 for the second consecutive quarter, meeting the criteria for a so-called technical recession, as raging inflation and higher interest rates forced consumers and businesses to pull back on spending.'
https://www.google.com/amp/s/www.fox...-recession.amp
Vornando knows higher interest rates and falling or stagnant demand for commercial space in the city is part of the reason for hitting the breaks. Along with the potential redevelopment of MSG/Penn which would take years. And the country is in decline with raging inflation.
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