Posted on 10/31/2013 8:28:52 PM PDT by TexGrill
The Kwee brothers, Singapores fifth richest with a net worth of $5.2 billion, want a piece of the New York sky. Announcing their first venture overseas, the four brothers who collectively run Pontiac Land, yesterday unveiled plans for a 1050 ft towering skyscraper, to come up between the 53rd and 54th streets in New York city.
Located in an area now being nicknamed the billionaires row, because of luxury penthouses contracted to come up at $90-$95 million or upwards of $11,000 a square foot on nearby 57th street, Pontiac Lands skyscraper will house galleries of the Museum of Modern Art (MoMA) and 145 luxury apartments with views of the Central Park, built for the richest of rich.
The project was, in fact, conceived in 2007 by Houston-based property firm Hines that along with partner Goldman Sachs Group Goldman Sachs Group Inc bought the land for $125 million. However, it ran into trouble in the aftermath of the financial crisis as funds dried up. In 2009, a logjam with the city planners on its proposed height, put another spanner in the works. Its revival now, represents a turning tide in New York pricey real estate market as well its enduring appeal to investors, developers and shoppers across the globe.
(Excerpt) Read more at forbes.com ...
Why not buy bam bam’s children? He has sold us out, why not him too?
“America: Being chopped up and parted out like a stolen Corvette.”
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And it is the Asians that are doing it.
Liberalism is destroying America.
As Savage..listening to him now from KFSO..says “Liberalism is a Mental Disorder”
--we can eventually regain.
If we really want to, that is...
IMHO this, for instance, they can have. In pieces, if necessary...
Why isn’t this a great idea? Please - let them come, let them build. It’s not like they are immune to the graft and corruption of our leftists, but if someone could at least build SOMETHING monumental without having to deal with the PC BS in New York after the 9/11 attacks, I’d be pleased to see it.
I don’t get it, we WANT people to build and invest in America.
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