LongIsland1995 t1_jbdsysj wrote
Reply to comment by fattythrow2020 in The Fight Over Penn Station and Madison Square Garden by jadebenn
In a post Covid era with lots of people still working from home, I don't see why building more offices is a good idea
AyyLmao-ESEA t1_jbe3lvz wrote
Because they’re building it specifically in close proximity to a major regional rail hub which has shockingly little commercial development given the traffic
mowotlarx t1_jbeb0qm wrote
There are a fuck ton of offices around Penn station, are you kidding? The entire area is a dead, characterless chasm for commutting office workers. We don't need any more office buildings that will sit empty.
ctindel t1_jbkq89h wrote
Seriously every time I have to go to a meeting in one of the penn plaza buildings its so depressing.
LongIsland1995 t1_jbh5ndd wrote
Yeah and in the process they'll get rid of historic buildings and old school neighborhood bars. It would be a net negative to the already soulless neighborhood.
fattythrow2020 t1_jbficbl wrote
Class A buildings (like what would be built around Penn) are fully leased and near capacity - look at Hudson Yards, 1 Vanderbilt, etc. Yes, a lot of people work from home but the big leaseholders who are willing to pay for primo office space — banks, corporate law firms, consulting firms, tech… ie the tenants of the aforementioned buildings — are back in the office A LOT.
The exodus to those would also free up older office buildings (with operating windows) in less desirable areas for office space (ie, far from transit hubs) that could then be converted into housing per current proposals
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