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Forum (Forum & Focus)

Mar. 21, 2009

Bad News for the Times

The case of the New York Times building proves that those who would live by the redevelopment sword run the risk that the sword may turn into a wet noodle when the economy tanks.

FORUM COLUMN

By Gideon Kanner

It seems like only yesterday that, acting in furtherance of its Times Square redevelopment plan, New York condemned a city block in midtown Manhattan, at 43rd Street and 8th Avenue, in order to turn it over to the New York Times and its developer Forest City Ratner, for the construction of a new high rise headquarters building for the Times. It was supposed to be a famous Italian architect's tour de force (if you doub...

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