Plans Underway For A New World's Tallest Building
15 April 2005 - 2:00pm
Building the world's tallest buildings almost always correlates with economies entering a downturn.
"New York completed the Singer Building in 1908 and the Metropolitan Life Building in 1909, when the panic of 1907 was already under way. Later, the race between 40 Wall Tower (1929), the Chrysler Building (1930) and the Empire State Building (1931) coincided with the Great Depression. Elmer Davis wrote in 1932 that the cloud-piercing towers leaping skyward were inspiring for everybody except those unfortunate enough to own them." With approval for buiding India's 710 meter tower is India's economy next?
Full Story:
Meanwhile: Edifice complex rises in New Delhi
Source:
International Herald Tribune, April 14, 2005
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