NYC’s Luxuriest Building Is First Sandy Casualty: Live Webcast Of Crane Dangling On 75th Floor
by Tyler Durden
ZeroHedge.com
10/29/2012
While we are still hours away from “Peak Storm”, the structural casualties are already adding up. FDNY reports a 2nd alarm alert at the soon-to-be tallest residential building in Manhattan – 157 West 57th Street (aka One57, where recently a record price was paid for a duplex apartment) entailing a dangling crane. The area is being evacuated – to somewhere we assume that does not have cranes (good luck finding that). The critical question for Steve Liesman remains – how much more is a ‘broken crane’ worth to GDP than a ‘broken window’? Live stream embedded below…
The Rest…HERE