$28 Billion Real Estate “Legacy Project” Example of Dangerous Economic Gluttony
From Birch Gold Group Hudson Yards, a private real estate development in New York City, is scheduled to complete in 2025. If it does, it will be the most expensive real estate development project in U.S. history at $28 billion. (Assuming it finishes at budget.) That’s more than the entire economic GDP of Iceland ($24 billion as of 2017). … Read more