Building Quote by David Rockefeller
“The attacks on the World Trade Center and the current economic recession, which is particularly powerful in New York City, have put a number of building plans on hold for the time being.”
About This Quote
Source Article: New York Times, 2001, post‑9/11 economic impact
The recession and disaster halted construction projects, especially in NYC, delaying development plans.
In simple terms: Economic downturn and disaster stopped building projects.
Plan for future when conditions improve.
Themes
Mood
Type
When to use this quote
- real estate developers
- city planners
- investors
- policy makers
- construction firms
Key Concepts
Questions to Reflect On
- How can cities build resilience against future shocks?
- What financing models can sustain projects during downturns?
Recovery may be slow due to funding shortages and regulatory hurdles.