Quote:
Originally Posted by DCReid
I am skeptical of the trend as well. It reminds me of the trend in the 60s/70s for street level public plazas and superblocks, and we know how those trends turned out. We'll see how this trend goes, but this building will look even worse without the terraces (I'm still not a fan of it anyway).
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Well, it's here to stay. Once companies (and employees) become accustomed to that amenity space, it's not something that can easily be wrenched away. Vornado is in the business of leasing space, so they're well aware of where the market is now, and to be in that business, especially in New York, you'd better be. It's why basically all the new towers have it, and older towers are being retrofitted with it.
I still say this tower looks more Park Avenue (with a mix of Broadway). But the area is already a mini Times Square.
April 17, 2022