…it has also been confirmed that the practice’s 185,000m2 Silvercup Studio complex on the Long Island City Waterfront is on hold. The $1 billion (£500 million) mixed-use development, which won approval in mid-2006, has stalled due to issues over protracted land sales and the delayed removal of power plants from the site.”
Silvercup Studios putting the brakes on
And across the river, West Side Redevelopment Plans in Disarray. My, my, this could be the end of all big city projects (for now).