--- Toll in Play at New York Tennis Stadium, The Wall Street Journal"Luxury builder Toll Bros. is one of several developers looking into the redevelopment of a historic tennis stadium just outside of Manhattan."
--- Toll in Play at New York Tennis Stadium, The Wall Street Journal"Luxury builder Toll Bros. is one of several developers looking into the redevelopment of a historic tennis stadium just outside of Manhattan."
It would be such a pity to see this iconic landmark demolished, although the stand may be structurally unsafe, and another factor, would be what it could be used for, although open air concerts would maybe an option.
ReplyDeleteIf they can't somehow preserve it, I would rather the city buy it and turn it into a park than have it turned into coops/condos by a developer.
ReplyDeleteIt would be best to turn it into a park with a small museum about the stadium, would hate the idea of condo/coops
ReplyDeleteThe condition of the Forest Hills Tennis Stadium is on the contrary of what some condo-supporters claim. That's a ruse, and it would not take an approximate $12 or $15 million to restore it. A short-sighted solution such as condos would reduce the property values of the Clubhouse in the long-term. Figure a developer buys the stadium for $9 million, and then the funds the WSTC would have would run out not long after. We must acknowledge a constant cash generator over the years. WSTC would profit if they keep it in their holdings. And here's how...
ReplyDeleteA creatively restored & reused stadium for tennis (i.e. pre-games or US Open matches), concerts (could be subdued & well-monitored), music & art festivals (i.e. Shakespeare In The Park), charity events, corporate functions, weddings, graduations, & school trips would spare an American icon, and enhance the quality of life and character of our borough and city. It would enhance property values, create jobs, and be a great economic catalyst for the West Side Tennis Club and businesses in the neighborhood, and be a "21st century family destination." Profits would far exceed any sale for typical condos, and we must acknowledge the long-term benefits while respecting our history. This is Forest Hills' anchor!
Excellent points all, Rego-Forester. Would that reason, rather than greed, prevailed in this world.
ReplyDeleteI saw the Eurthymics and Howard Jones there back in 1984!
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