It's interesting to note how the US basically just gave up in the early '70s: http://en.wikipedia.org/wiki/List_of_buildings_with_100_floo...
What happened in the early 1970s? It seems like that was the beginning of the decline of American power. Tall buildings construction seems symbolic of that.
I think the reason for no more tall buildings is the lack of space in the big cities - nobody's going to build a skyscraper in the middle of nowhere, after all :-)...
edit: found the HN discussion. http://news.ycombinator.com/item?id=4574100
This is why the US has so much sprawl.
Or the beginning of the realization that such buildings make little economic sense? After the 70s, local governments were far more reluctant to finance such endeavors ... with no subsidies, building them made even less sense.
Also, consider what happens to concrete being exposed like that for two decades. The concrete isn't meant for decades of weather, it's meant to be enclosed. The concrete degrades and becomes unsafe. Same thing has happened with a lot of the Dubai skyscrapers whose construction was halted, and they were only exposed for a few years (so says a Dubai contractor friend).
I doubt that their plan is to use the hotel exclusively as a giant antenna, but it's not unlikely that finishing the facade was a political priority, while operating the hotel is not.
[1] http://en.wikipedia.org/wiki/Orascom_Group
[2] http://en.wikipedia.org/wiki/Ryugyong_Hotel#Construction_res...
Construction began in 1987 but was halted in 1992 [...] resumed in 2008 [to be completed this year].
The unfinished building was not surpassed in height by any new hotel until the 2009 completion of the spire atop the Rose Tower in Dubai, United Arab Emirates.