
Canary Wharf May Scrap Planned Office Skyscraper for Apartments
The main landlord in London’s Canary Wharf financial district is considering scrapping plans for a new office skyscraper and building a 60-story apartment tower instead.
Mass unemployment, colossal bankruptcies, and a shattered tourism industry have ravaged New York City during the coronavirus pandemic. In January 2021, Governor Andrew Cuomo proposed raising taxes on the wealthy, while cutting Medicaid and school spending to balance the multi-billion dollar budget deficit.