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April 27, 2006
A Plan to Rebuild by 2012, and Doubts on the Big Rush
An alert NoLandGrab reader pointed out this paragraph in today's news about the plans to rebuild the World Trade Center (emphasis added):
Some experts are even wondering whether there will be enough steel, concrete and curtain wall to build the four towers by 2012 at the same time that two baseball stadiums, the $2 billion Goldman Sachs headquarters, the $1.7 billion expansion of the Jacob K. Javits Convention Center, Moynihan Station, 10,000 apartments and various subway projects are under construction.
NoLandGrab: Industry experts have already noticed the Katrina effect on the supply and cost of construction materials. Add to that the building boom under the Bloomberg-Doctoroff doctrine and the $3.5 billion figure for Atlantic Yards isn't even going to be close enough for horseshoes and hand grenades.
Posted by lumi at April 27, 2006 10:06 PM