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Flooded commercial bldgs my go residential

Started by jason10006
over 13 years ago
Posts: 5257
Member since: Jan 2009
Discussion about
http://www.crainsnewyork.com/article/20121212/REAL_ESTATE/121219965
Response by greensdale
over 13 years ago
Posts: 3804
Member since: Sep 2012

Is there really more demand for residential in this type 50s office building in this area?

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Response by truthskr10
over 13 years ago
Posts: 4088
Member since: Jul 2009

Not surprising as Freedom Tower is about to unveil half a million square feet of office.

Any news on when the exterior of the Tower will be complete? I am sick of looking at that exterior tarp.
Not that I like the design of the building either. Looks like it belongs in Seattle or something.

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Response by jason10006
over 13 years ago
Posts: 5257
Member since: Jan 2009

The fact is that the rents psf for commerial downtown won't be enough for anything not brand new.

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