Am I correct in thinking that New York City planning regulations would make it damn near impossible to tear down that dumpy-looking building and build a shiny n

Am I correct in thinking that New York City planning regulations would make it damn near impossible to tear down that dumpy-looking building and build a shiny new one? No, that would be common sense talking. The politicians would love for them to blow a couple of billion on construction crews in a down economy. They'd do some very personal favors for Serge and Larry to have that happen.