Quote:
Originally Posted by Crawford
Interesting.
So the Port Authority have to rebid the site to one of the other 10 competitors for the site, or does the #2 competitor from the previous offering get the site?
And does anyone know the other developers? Dermot isn't a huge developer, so it was a bit surprising they outbid the other developers.
|
I"m not sure, but I
think that was the case with the bus terminal.
Anyway, it seems the developers bit off more than they could chew, and now the sharks will be circling the waters. A more capable developer will get the site. It would be nice as a tie in to Brookfield's Manhattan West. I don't want anymore Related projects on the west side, we need more diversity. There are numerous developers, both inside the city and out, who could take over and get something working. We'll just have to wait and see.