South Station Tower | South Station Air Rights | Downtown

SMCYB said:
It's not. Grand Central Terminal and Penn Station in New York, as well as Penn Station in Philly and Union Station in DC, are all warm. They're enclosed except for where the trains arrive and depart. IMO that's a big mistake with South Station. They should have enclosed the east arch in glass, and hopefully they close off that gap above the old station house.
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Grand Central and Penn NYC only service electric train sets. They are warmer because they are approached by long tunnels, but that is only possible with fully electric service.

Cannot comment on how 30th Street and Union work to stay warmer. Diesel train sets require ventilation or you create health risks for passengers. For example, the current ventilation at Back Bay Station is highly suspect (and likely unhealthy).
 
Of course, that’s precisely where the Ritz-Carlton brand excels, and some of the benefits residents can enjoy are airline and private air reservations, regular floral arrangements and plant care, spa and salon services, personal chefs, catering, and even a notary public.
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Even a notary? Well I’m sold.
 
kmp1284 said:
Not at all. You’re grossly overestimating how desirable this is and the sales and prices will demonstrate that.
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You make it sound like they'll ultimately slash initial asking price in half. They won't. This will be a desirable spot and the units will be very expensive, whatever the ultimate pricing.
 
chrisbrat said:
You make it sound like they'll ultimately slash initial asking price in half. They won't. This will be a desirable spot and the units will be very expensive, whatever the ultimate pricing.
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They’ve already placed listings in MLS at less than $2k/psf. Even the abject failure that is Winthrop Center is getting better pricing.
 
I think this will take time to lease out on office and sell on the residential side. Look at the billionaire buildings in NYC. Those sold very slowly.
Also, midtown Manhattan commercial leasing activity has been on fire lately - this is the core old-school Midtown (not Hudson Yards). It has been reversing what was anticipated to be doom loop downward spiral, hollowing out, etc., etc.

I imagine this will take a little time as well, but 2025 will see some increase as more companies enforce in-office work.
 
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