With all of the office and business that will happen due to the area being revitalized, I think a hotel would favor the market better. Something to cater to visitors (international or domestic) that will work or visit in the WTC.
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I think, it’s very possible. Port Authority is looking to sell it and make a nice hefty profit to fund other projects that are along their line of business. They will market it to its full potential to make a good profit.
I doubt a new developer would adhere to the master plan. This site has aprox 1.2 m plus & this would most likely be a residential. This potentially could be pretty tall. Supertall tall, IMO.
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Indeed, 1.2m sqft for a hotel or residential building would indeed mean a very tall tower, perhaps around the 350-380m tall mark.
A combination of both would probably be healthiest for the site. Due to the current towers going up, the market may change in a couple of years so its hard to tell how luxurious this will be.
I agree, VG.
In April 2015, he and Russian billionaire Vladislav Doronin bought 21 floors of the 290,000-square-foot Crown Building on 57th Street and Fifth Avenue for $500 million and are turning it into luxury residences and a hotel. Other projects include a 30-story residential tower in SoHo designed by Pritzker Prize-winning architect Renzo Piano and a 91-story, 275-unit building at 125 Greenwich Street in lower Manhattan, both with New York development company Bizzi & Partners.
I also agree with that, chris08876. Being a hotel or a residential building is a nice touch to the World Trade Center site, just like WTC 3 or WTC Marriott Hotel was.
But… for that to work, the Tower 5 must be very safe, secure and promising to the people who wants to stay or live there.
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Nice shot. This is definitely U/C!
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Crazy, these projects used to be so abstract in my mind and they are suddenly starting to become real. I remember when the thread on skyscrapercity started and it was only known as the shvo tower hahah
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is this still 1356ft? I thought I read it was going to be more like 1050, but I might be confusing it with another development
That curve is as delicious as the curves on Beyonce’s and J Lo’s derrières. I’d like to put some honey on their thighs and then work inward!
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Great to see this making progress, o and yes, I 100% agree. 
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I’m really looking forward to see its first floors above the surface ^^
hahaha you crack me up Robert, in a good way.
Thank you, sir!
‘Like Caviar’
“It’s, in essence, like caviar,” Shvo said of the condos in the 91-story tower. “You get a small portion and it’s expensive, but you’re getting a small piece of it because you only need a taste.”
The foundation is being poured for the project, which has gotten about $175 million from the EB-5 visa program and is close to obtaining about $500 million in construction financing from United Overseas Bank in Singapore.
Nice!
That’s good news for this future tower!