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Old July 11th, 2011, 03:44 PM   #23881
DinoVabec
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72 floors done..One steel beam is up to 74th..
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Old July 11th, 2011, 04:33 PM   #23882
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Lunes Julio 11, 2011 "Mi Cumplean~os"

Thanks everyone for the happy wishes!!! Today is my birthday 7-11 !!!!!!!! best day of the year!!!



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Old July 11th, 2011, 04:50 PM   #23883
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Nobody replied to my previous post , whatever...I don't know you Carlos but I'm gonna try to be original ----> Joyeux anniversaire à toi .
ha ha dont cry...thanks!!! i went to see "Midnight in Paris"....funny movie!!
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Old July 11th, 2011, 05:34 PM   #23885
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WAIT! How about THREE antenna's!!!!
I raise you four!! It's like razor manufacturers constantly adding one more blade...
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Old July 11th, 2011, 05:53 PM   #23886
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Thank you. Your reservation is confirmed.

got my tix for the Sept 11 Memorial!!!!!!!!


by the way ......the two white arrows show 4WTC !!!!!!

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Old July 11th, 2011, 06:12 PM   #23887
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Quote:
Originally Posted by Kanto
If this article was posted before, I appologize. I wonder, will there be demand for so much class A office space? Wouldn't it be better to make some class B space too? The Twin Towers were clas B iirc, right?

Source: http://www.crainsnewyork.com/article...TATE/306129985
I guess this has been discussed to death before but since this is a topic of academic interest to me at MIT, I hope I can take the liberty of putting in $ 0.02. The popular consensus is that the Downtown market has suffered from three key drawbacks in recent years - relative lack of transit access, less-than-ideal work+live mix and an older stock of buildings. It is expected that the introduction of new Class A space, over 15 million SF of residential space and major transit improvements will attract firms back.

The Manhattan market is driven by a large number of big, high-end tenants who prefer Class A space. What may happen is that a lot of tenants may move from older buildings to newer ones with better designs and efficiencies. Research at MIT's Center for Real Estate, where I currently am, shows that there is already a clear a differentiation in valuation between the best buildings and all the rest within the same market.

All of this depends on the broader macro- economy, but it seems even with a sluggish recovery, NYC will rebound the fastest. The key occupancy trend is that tenants are looking to return to newer, better designed spaces. In this way, the main competition for the WTC office complex would be projects like the Hudson Yards and Brookfield's Ninth Avenue. I would loved to see the WTC complex to have been developed as a mixed-use complex rather than as pure office space.
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Old July 11th, 2011, 06:25 PM   #23888
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Quote:
Originally Posted by Ajaypp View Post
I guess this has been discussed to death before but since this is a topic of academic interest to me at MIT, I hope I can take the liberty of putting in $ 0.02. The popular consensus is that the Downtown market has suffered from three key drawbacks in recent years - relative lack of transit access, less-than-ideal work+live mix and an older stock of buildings. It is expected that the introduction of new Class A space, over 15 million SF of residential space and major transit improvements will attract firms back.

The Manhattan market is driven by a large number of big, high-end tenants who prefer Class A space. What may happen is that a lot of tenants may move from older buildings to newer ones with better designs and efficiencies. Research at MIT's Center for Real Estate, where I currently am, shows that there is already a clear a differentiation in valuation between the best buildings and all the rest within the same market.

All of this depends on the broader macro- economy, but it seems even with a sluggish recovery, NYC will rebound the fastest. The key occupancy trend is that tenants are looking to return to newer, better designed spaces. In this way, the main competition for the WTC office complex would be projects like the Hudson Yards and Brookfield's Ninth Avenue. I would loved to see the WTC complex to have been developed as a mixed-use complex rather than as pure office space.
Very interesting, but a lack of transit downtown? There are subway stops everywhere! Or were you guys looking at the temporary changes post-9/11?

Hopefully once the newer buildings are constructed, companies will begin to convert the older 60s/70s boxes into residential space. And you may get your mixed-use wish with 5 WTC, at least. I hope they go the hotel/residential route with that one in a few years.
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Old July 11th, 2011, 06:26 PM   #23889
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The popular consensus is that the Downtown market has suffered from three key drawbacks in recent years - relative lack of transit access, less-than-ideal work+live mix and an older stock of buildings.
Lower Manhattan has a lack of transit only compared to the areas directly around Grand Central and Penn Station. And then only for those who live in Westchester/Conn. and NJ/Long Island, respectively. Even without the 1/9 station the area has the A/C/E, 4/5/6, J/M, 1/2/3/9, and N/R lines. Plus, the PATH connects it to NJ Transit, and you also have the Staten Island and NY Waterway Ferries.

The roads are pretty awful, most of the buildings are pretty old, and it's not a great place to live as far as Manhattan goes. But, the transit situation is fine.
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Old July 11th, 2011, 06:34 PM   #23890
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Originally Posted by KenfromJersey View Post
Lower Manhattan has a lack of transit only compared to the areas directly around Grand Central and Penn Station. And then only for those who live in Westchester/Conn. and NJ/Long Island, respectively. Even without the 1/9 station the area has the A/C/E, 4/5/6, J/M, 1/2/3/9, and N/R lines. Plus, the PATH connects it to NJ Transit, and you also have the Staten Island and NY Waterway Ferries.

The roads are pretty awful, most of the buildings are pretty old, and it's not a great place to live as far as Manhattan goes. But, the transit situation is fine.
I hope people keep thinking like this, because maybe I can get a place on the relative cheap there before prices go up in the coming years. I love it down there.
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Old July 11th, 2011, 06:41 PM   #23891
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Thanks for the comments guys, I am no expert on the transit situation. I think a lot of folks do think of Grand Central and Penn stations when they make the argument for Mid-town having better transit access. I was talking to a couple of senior folks at a major developer with a presence in both markets and they had the same comment. One way to settle that is to do a catchment mix - transit time study for each market, dunno if anyone has done it recently.

I think that the trend of conversion of older office buildings into residential will continue. Hopefully, there is still time to introduce some mixed-use into the WTC complex. An interesting trend with supertalls is vertical mixed use, as is the case with the Shanghai Tower and the Time Warner Center. I wonder whether it was considered for 1 WTC?
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Old July 11th, 2011, 07:58 PM   #23892
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you are right they are now erecting 73rd & 74th floors

welcome back carlos and happy birthday1
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Old July 11th, 2011, 09:47 PM   #23893
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I was checking on Wikipedia on 1 wtc and wiki is saying that estimated completion will be on march 12 2012 can that happen or it is just one of Wikipedia errors, by the way happy birthday carols kept up the good work.
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Old July 11th, 2011, 10:36 PM   #23894
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I can not believe how the construction progress goes on so fast...just amazing
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Old July 11th, 2011, 11:11 PM   #23895
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carlos you are truly the king.
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Old July 11th, 2011, 11:13 PM   #23896
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Quote:
Originally Posted by KenfromJersey View Post
Lower Manhattan has a lack of transit only compared to the areas directly around Grand Central and Penn Station. And then only for those who live in Westchester/Conn. and NJ/Long Island, respectively. Even without the 1/9 station the area has the A/C/E, 4/5/6, J/M, 1/2/3/9, and N/R lines. Plus, the PATH connects it to NJ Transit, and you also have the Staten Island and NY Waterway Ferries.

The roads are pretty awful, most of the buildings are pretty old, and it's not a great place to live as far as Manhattan goes. But, the transit situation is fine.
Can't forget the effect of PA bus terminal either.

Overall, the connection from Manhattan island to the west is a bit sketchy, or at least not enough to accomodate future growth. For vehicles the situation is pretty dismal, both of the tunnels have significant backups on regular basis; other feasible ways are pretty far from the center of gravity at the Narrows and George Washington. There really needs to be better options for LM eventually, or perhaps a better connected regional railway system that branch out from GCT, trade center, and Jamaica, to NJ, Long Island, and the north. I hope the politicians have a bit more foresight in the coming decade.
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Old July 11th, 2011, 11:24 PM   #23897
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Carlos, feliz aniversário.
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Old July 11th, 2011, 11:34 PM   #23898
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Thanks everyone for the happy wishes!!! Today is my birthday 7-11 !!!!!!!! best day of the year!!!



image hosted on flickr

DSC_1105 by Ceva321, on Flickr
.

image hosted on flickr

DSC_1111 by Ceva321, on Flickr

.

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DSC_1108 by Ceva321, on Flickr


Happy Birthday Carlos, thank you for your beautiful photos.

For your next vacation, come to Rio.
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Old July 11th, 2011, 11:35 PM   #23899
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I was checking on Wikipedia on 1 wtc and wiki is saying that estimated completion will be on march 12 2012 can that happen or it is just one of Wikipedia errors, by the way happy birthday carols kept up the good work.
Never trust Wikipedia, the structure topping out should occur late December-First Quarter of 2012. The building won't be open until 2013, once the curtain wall is completed, podium glass installed, the spire built and interior work done.
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Old July 11th, 2011, 11:40 PM   #23900
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I thank you folks very much for answering my questions
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