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New York's $3BN Skyscraper GAMBLE - #37

The World's Best Construction Podcast

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The Walkie Talkie in New York

JP Morgan Chase bought 700,000 square feet of air rights from nearby Grand Central Station and stacked them onto its site. They then demolished the existing 216-meter Union Carbide building that did sit on the site. When this completes, it's going to be the sixth tallest skyscraper in New York. With zoning restrictions, there's a limit to how high you can build to your floor area ratio.

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