|
|
Article: Terminal is once again grand. (restoration of the Grand Central Terminal in New York City)
- Article from:
- Real Estate Weekly
- Article date:
- October 7, 1998
- Author:
CopyrightCOPYRIGHT 1998 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
It's been scrubbed, polished, re-linked, up-teched, re-staired and naturally lit. Twenty years after the U.S. Supreme Court ruled Grand Central Terminal shouldn't go down so a skyscraper could go up, New Yorkers celebrated its restoration as a civic jewel with laser lights, symphonies, trapeze artists and politicians.
"We put the grand back into Grand Central," declared E. Virgil Conway, chairman of the Metropolitan Transportation Authority (MTA), at the public re-dedication last Thursday, October 1st.
When the MTA took over operations in 1983, they spent about $160 million stemming the disrepair of the Beaux Arts terminal, which was, among other things, ...