TITLE

Silverstein reconsiders mega-tall West Side residential tower

AUTHOR(S)
GEIGER, DANIEL
PUB. DATE
October 2015
SOURCE
Crain's New York Business;10/19/2015, Vol. 31 Issue 42, p0007
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the decision of Silverstein Properties to disregard its plan of raising the tallest residential tower on the West Side in New York in October 2015. Topics covered include how Silverstein hired commercial real estate firm CBRE to sell the property, the difficult negotiations over how many units of affordable housing would have to be included in the tower, and the mandatory affordable-housing requirement.
ACCESSION #
110505919

 

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