Quote:
Originally Posted by uaarkson
Only in Manhattan would they be building supertall office buildings while the commercial real estate market is falling off a cliff. And it’s going up FAST. JPMorgan must really need this space.
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Not only do they need the space, but this tower will only hold a fraction of it’s New York City workforce. Still, this will be the headquarters tower.
Meanwhile, other new office towers are being built because of demand. Not all segments of the office market are doing bad.
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