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Actually, the tower was not designed by IM Pei at all. It was meant to complement the other three towers he designed on the site. IM Pei joined the locals in opposition to the proposed fourth tower: http://wsvtenantsassociation.org/node/73

This entire project would, in effect, drop a university quad into the center of a residential development, and it depends on a significant transfer of public land to the private holdings of New York University. Unfortunately, NYU has been unwilling to consider much more favorable development sites in lower Manhattan where the community is literally begging them to invest.

The drawings look nice, but this won't be built.