CTBUH Global News
Apr24

Written by:host
4/24/2009 4:35 PM 

Ghost Buildings of 1929  

April 23, New York

All over New York, projects that broke ground with irrational exuberance are topping out in uncertain conclusion. But others that are only in the planning stages have gone to the back burner, perhaps never to surface again. When the stock market crashed in October 1929, many ambitious plans that would have changed the face of New York simply vanished. For real estate developers, 1929 seemed like a slot machine stuck in the pay position...more

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