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Old October 27th, 2014, 04:21 PM   #3261
LondoniumLex
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It will be filled by a bank, but it will take time . When the economy is roaring and Republicans scale back regulation, the demand will be there. NY is home to many banks.
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Old October 27th, 2014, 06:20 PM   #3262
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Quote:
Originally Posted by LondoniumLex View Post
Because other than JPMC, major banks seem to be taking a conservative approach these days since their trading revenue is down. I doubt that any bank will lease 1m sf at $90/sf any time soon.
I agree unfortunately with both points. unless Silverstein becomes realistic or desperate with its asking and believe neither is the case. He's gonna wait until a corp is willing to pay his price to anchor.
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Old October 27th, 2014, 07:19 PM   #3263
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Because other than JPMC, major banks seem to be taking a conservative approach these days since their trading revenue is down. I doubt that any bank will lease 1m sf at $90/sf any time soon.
Ah. I see now. That's a good point.

Question: If not a bank, or UBS specifically, then who? I mean, I know we've just emerged out of a 'banking crisis' but they remain unbelievably wealthy. And one would imagine keen to reestablish their image with a prestigious HQ.

Is it going to be a scattershot of smaller, relatively unimportant businesses? Like Conde Nast? Rather than one totemic, gold-standard tenant?
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Old October 27th, 2014, 07:49 PM   #3264
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It likely will be a bank that wants trading floors, but it may take a few years.
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Old October 27th, 2014, 08:20 PM   #3265
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I wish Citigroup would have moved to this tower instead of 388 Greenwich Street.

Their lease is up in 2035. Perhaps they will anchor a new tower then.
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Old October 27th, 2014, 08:59 PM   #3266
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...and Republicans scale back regulation...
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Old October 27th, 2014, 09:04 PM   #3267
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You're a sheep. Dodd-Frank is horsecrap and should be repealed. Free the banks!
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Old October 27th, 2014, 09:22 PM   #3268
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Yeah right. And another financial meltdown in 10 years?
Banks need regulation. that has become very evident recent years
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Old October 27th, 2014, 09:24 PM   #3269
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Yeah right. And another financial meltdown in 10 years?
Banks need regulation. that has become very evident recent years
Some regulation, I'll agree. Just like anything. Not Dodd-Frank regulation.

Financial meltdown can be traced to poor people buying houses they couldn't afford.

Free the banks!
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Old October 27th, 2014, 09:49 PM   #3270
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And how did those people manage to buy homes? With subprime mortgages issued by irresponsible, reckless, unregulated banks.

This is all known fact, I don't know why people are still arguing about it.
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Old October 27th, 2014, 09:54 PM   #3271
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Just ban the whole thread if it means we can finally be rid of a certain few posters.
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Old October 27th, 2014, 10:04 PM   #3272
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And how did those people manage to buy homes? With subprime mortgages issued by irresponsible, reckless, unregulated banks.

This is all known fact, I don't know why people are still arguing about it.
Like I said, you are a sheep.

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It was not the banks that created the mortgage crisis. It was, plain and simple, Congress who forced everybody to go and give mortgages to people who were on the cusp. Now, Iím not saying Iím sure that was terrible policy, because a lot of those people who got homes still have them and they wouldnít have gotten them without that. But they were the ones who pushed Fannie and Freddie to make a bunch of loans that were imprudent, if you will. They were the ones that pushed the banks to loan to everybody. And now we want to go vilify the banks because itís one target, itís easy to blame them and Congress certainly isnít going to blame themselves.Ē
-Michael Bloomberg
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Old October 27th, 2014, 10:44 PM   #3273
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Like I said, you are a sheep.
You quote a guy who has an obvious strong bias who is speaking during a time of unrest... And you think the other guy is a sheep? You're like Bruce Willis in the sixth sense. You only see what you want to see.
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Old October 27th, 2014, 10:49 PM   #3274
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Dunno what sort of forum parliament we've got in place on SSC, but I nevertheless motion to lock this thread until there's news.
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Old October 27th, 2014, 11:48 PM   #3275
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Quote:
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Like I said, you are a sheep.
http://en.wikipedia.org/wiki/Causes_...reat_Recession

21,000 words long.

But I guess you're right, this isn't that complicated an issue. It doesn't have dimensions or layers or a thousand different causes - causes so overwhelmingly complex that world-class, Nobel Prize-winning economists have spent months and years trying to explain it all, with no clear answers even now, after all this time.

No. You're right. It's the poor people again.
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Old October 28th, 2014, 12:26 AM   #3276
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Do me a favor all and stop bumping the thread until there's actual news for this tower.

Thanks!
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Old October 28th, 2014, 01:11 AM   #3277
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It seems some people here just want to thump chests and claim they are king when it comes to so called knowledge. Know what, it has nothing to do with this thread. Lion I suggest you go to the politics forum and start a thread. Don't know if anyone would care to bite your bait, but please stop with the politics here.
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Old October 28th, 2014, 01:17 AM   #3278
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Quote:
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It seems some people here just want to thump chests and claim they are king when it comes to so called knowledge. Know what, it has nothing to do with this thread. Lion I suggest you go to the politics forum and start a thread. Don't know if anyone would care to bite your bait, but please stop with the politics here.
I wasn't the one who started the political discussion in this thread. Lex made an entirely apolitical statement and J-biz decided to launch us into it.
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Old October 28th, 2014, 01:25 AM   #3279
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Really... you all just keep on going...
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Old October 29th, 2014, 12:22 AM   #3280
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At 3:11, Notice how only 2 World Trade Center is edited out of the rendering.

Last edited by Manhattan Man; October 29th, 2014 at 12:37 AM.
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