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Pfizer Building Collapse Sparks Safety Questions | Real Estate News
A major construction scare hit New York City as support columns buckled at the former Pfizer building, forcing evacuations and sparking fears the structure could collapse. Engineers rushed in to stabilize the site with temporary supports, and officials called the situation “extremely dangerous.” Though the developer insists damage was limited and the project remains on track for completion by 2027, the incident has ignited serious questions about safety protocols in massive office-to-residential conversions. With a $700 million loan backing the project and thousands of similar developments in…
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