Why New York has a harder time building “megatall” skyscrapers than other global cities

If completed, the world’s tallest building would stand not in the center of a global capital, but in an empty, sprawling development plot in a Saudi Arabian port city. The Jeddah Tower is expected to rise 3,281 feet, usurping Dubai’s Burj Khalifa by more than 200 feet. It’s also intended to be the first piece of a massive, 57 million-square-foot megadevelopment — like a more remote and arid Hudson Yards, and more than double the […]Cross Post,Home Page,Popular,Commercial Real Estate,Development,skyscrapershttps://therealdeal.com/issues_articles/new-yorks-ver%e2%80%8a%e2%80%8atical-problem/#new_tab