View Full Version : NEW YORK | 225 West 57th Street | 381m | 1250ft | Prep


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HK999
June 17th, 2010, 02:12 PM
225 West 57th Street - Extell - Hotel / Condo - by Costas Kondylis

Extell buys 57th Street air rights for tower

http://ny.curbed.com/tags/225-west-57th-street

Last week, in a rare instance of politics overtly meddling with historic preservation, the Landmarks Preservation Commission voted 6-3 to designate the former B.F. Goodrich building at 1780 Broadway a landmark, but not its sister building around the corner, 225 West 57th Street. The LPC backed down after Extell, the developer that wants to demolish the 57th Street building (it's already shrouded) and construct a 50-story mixed-use tower in its place, enlisted some members of the City Council to campaign on its behalf—the implication being that if the LPC landmarked the property and jeopardized the project, than a City Council veto would be in the cards. The Times's Robin Pogrebin follows up on all this madness, and surprise, some folks are unhappy with what went down!

NYC Department of Buildings
Work Permit Data
Premises: 217 WEST 57 STREET MANHATTAN Filed At: 217 WEST 57 STREET MANHATTAN
BIN: 1080870 Block: 1029 Lot: 19 Job Type: A3 - ALTERATION TYPE 3

View Permit History | Printable (PDF) version of this Permit
Job No: 110436644 Fee: STANDARD
Permit No: 110436644-01-EQ-SH Issued: 06/08/2010 Expires: 04/01/2011
Seq. No.: 02 Filing Date: 06/08/2010 RENEWAL Status: ISSUED
Work: Proposed Job Start: 01/21/2009 Work Approved: 01/20/2009
ALTERATION TYPE 3 - CONSTRUCTION EQUIPMENT - SIDEWALK-SHED
INSTALLATION OF 122 LINEAR FEET OF HEAVY DUTY SIDEWALK SHED FOR BUILDING
DEMOLITION, FILED SEPARATELY. LIVE LOAD 300 PSF. SIDEWALK SHED SHALL COMPLY WITH
CHAPTER #33 OF THE 2008 CODE. NO CHANGE IN USE, OCCUPANCY OR EGRESS UNDER THIS
APPLICATION.

Electrical Application Number for Shed Lighting: Z120397
Use: COM - COMMERCIAL BUILDINGS - OLD CODE Landmark: NO Stories: 12
Review is requested under Building Code: 2008

all pics from WNY:

http://img117.imageshack.us/img117/2430/img1552u.jpg

http://img690.imageshack.us/img690/2106/img5533z.jpg

HK999
June 17th, 2010, 03:49 PM
this tower may very well be over 1000ft. extell has enough air rights to build an even taller tower than its carnegie 57.

according to NoyokA, WNY:

The site itself 225 west 57th street has 234,075 square feet.

Ni3lS
June 17th, 2010, 05:50 PM
That would be awesome.

Eric Offereins
July 9th, 2010, 09:34 PM
Indeed, but apparently there is nothing known about the design yet? :)

DinoVabec
July 10th, 2010, 12:11 AM
Do we even know when this building supposed to be demolished to the ground?

RobertWalpole
July 10th, 2010, 01:46 AM
All of the four buildings that occupy this site are empty, except for one which is empty except for a food market that occupies the ground floor. Demolition should start in 2011.

eland
July 13th, 2010, 02:16 PM
I hope they don't demolish the beautifal building on the right in the first photo.

RobertWalpole
July 14th, 2010, 06:33 AM
That building is landmarked and can't be demolished. However, the developer purchased all of its unused air rights.

WrightTurn
August 10th, 2010, 07:48 PM
Yay! More historic buildings on 57th ground to powder for a huge glass prong!

Whoopie!

RobertWalpole
August 11th, 2010, 02:49 AM
Quite likely, 225 W 57th is one of the "other projects" that Barnett is raising money for.

http://www.thenational.ae/apps/pbcs.dll/article?AID=/20100809/BUSINESS/708099960/1005


Another bite at Big Apple
Bradley Hope

http://www.thenational.ae/apps/pbcsi.dll/bilde?Site=AD&Date=20100809&Category=BUSINESS&ArtNo=708099960&Ref=AR&Profile=1005&MaxW=300

Last Updated: August 09. 2010 6:10PM UAE / August 9. 2010 2:10PM GMT
The Carnegie 57 designed by Christian de Portzamparc when finished will dwarf Carnegie Hall. Francois Guillot / AFP
Since the fall of Lehman Brothers in September 2008, hundreds of ambitious property projects in New York City have either stalled or been abandoned.

But now, thanks to funding from Abu Dhabi’s Aabar Investments, one developer is returning to the high-risk game of building sky-rises in the Big Apple.

The 306-metre Carnegie 57, located at 157 West 57th St, will not only be the tallest residential tower in New York, with designs by the “starchitect” Christian de Portzamparc, but the site is one street back from Central Park.

Residents of the 136 premium flats on the top 52 floors will have views that stretch the length of the park. The lower part of the building will be a five-star Park Hyatt Hotel. The project’s total price tag: US$1.3 billion (Dh4.77bn).

Gary Barnett, the president of Extell Development, said the foundations had been poured and the main construction work was expected to start this week.

Mr Barnett predicted the tower, with a completion date of 2012 or 2013, would open just as the economy was starting to pick up. “If you can raise the money, now is the time to begin investing in New York,” he said. “There is a realisation from the Middle East that this is an opportune time to invest.”


Mr Barnett, who has held talks with major investors around the Gulf, said he was trying to raise more funds for future New York City projects from investors in Abu Dhabi, Dubai, Oman and Saudi Arabia.

Aabar, an Abu Dhabi investment company owned by the Government and public investors, has specialised in taking stakes in high-profile companies.

Last year it teamed with Mercedes-Benz to buy the winning Formula 1 team Brawn GP, now rebranded as Mercedes GP Petronas.


It also owns parts of the space tourism company Virgin Galactic and the luxury car maker Spyker.

As well, the company has signalled its interest in becoming a major property developer in Abu Dhabi, buying up Dh5bn of land and hiring a chief executive of property, Ibrahim Eskiocak.

This latest investment compares with Abu Dhabi Investment Council’s purchase of 75 per cent of the Chrysler building in New York in 2008.



Aabar paid for three quarters of the initial financing of Carnegie 57, giving it a “significant equity stake” in the project, said Mr Barnett, who is now beginning discussions with banks to obtain a construction loan to finance the rest of the building. “We expect financing to be available on a conservative basis,” he said.

Mr Barnett speaks of the new tower in superlatives: it is located on the “best site in New York”; it will have the “best apartments”; the hotel will be “amazing”.



“I think it’s going to be one of the best, if not the best, buildings in New York City,” he says.

One unrivalled feature will be the $50 million penthouse, whose owner will have the highest apartment in the city.

So-called “super-tall” buildings are typically not residential, but there is a growing trend toward having high-altitude apartments as construction technology allows developers to stop the top floors swaying in the wind.



The Burj Khalifa in Dubai, well over twice the size of Carnegie 57, is the most important example of a super-tall residential building.

Apartment prices will start at about $3m, with a sales push expected to start next spring.

“I think it caters to a tremendous mix,” Mr Barnett said. “From wealthy families to people who have done exceedingly well in business to retirees who want to live in a vibrant city. We expect buyers from China, India and the Middle East.

“It’s about people who want to own something in one of the two universal cities in the world.”
Mr Barnett’s optimism about the project comes as small signs of recovery begin to show in the New York property market. Several of the city’s established funds have acquired buildings in deals worth as much as $500m.

Noah Rosenblatt, an analyst at the property consultancy UrbanDigs, wrote in a blog post last week that he expected “upward pressure in quarterly reports into late 2010 or early 2011”.



Second-quarter prices stabilised,while transactions were up, according to the brokerage Prudential Douglas Elliman Real Estate.

The average price of an apartment in Manhattan was $1,432,712 – equal to prices at the end of 2007 but a drop of 21.5 per cent from the peak at the end of 2008.

“Since the beginning of the year, sales activity has been significantly higher compared to the early quarters of 2009, immediately following the Lehman Brothers bankruptcy – the credit crunch tipping point of September 15, 2008,” the brokerage said in its second-quarter report.



“High unemployment levels, ‘shadow inventory’ and tight credit are challenges that continue to face the market, but general market conditions are significantly improved over the same period a year ago.”



bhope@thenational.ae

RobertWalpole
September 29th, 2010, 02:03 PM
One of the four buildings on the 58th Street side of this parcel was just razed.

http://lh6.ggpht.com/_3T08TVQ0h2g/TKKGgJPfUNI/AAAAAAAAEfA/TYNVBM7z_iY/s800/IMG_1584.JPG
RolanTTLB

RobertWalpole
November 6th, 2010, 03:49 AM
Extell, the developers of this site and Carnegie 57, filed more demolition permits last week.

http://a810-bisweb.nyc.gov/bisweb/WorkPermitDataServlet?allisn=0002159643&allisn2=0001604708&allbin=1080870&requestid=2

RobertWalpole
November 18th, 2010, 04:47 AM
What's too crowded?

The photo posted above shows one of several parcels on the 58th Street side of this site. By NYC standards, this is actually a large site and is bigger than the site on which Extell is constructing the 300+m Carnegie 57 tower or on which Hines will build the 300+m Torre Verre.

Eastern37
November 18th, 2010, 08:28 AM
^^ YES

Ni3lS
November 18th, 2010, 11:11 AM
Don't respond to the trolls people.

RobertWalpole
December 7th, 2010, 04:22 AM
Extell recently filed these demolition permits:

http://a810-bisweb.nyc.gov/bisweb/WorkPermitDataServlet?allisn=0002159643&allisn2=0001604708&allbin=1080870&requestid=2

RobertWalpole
March 10th, 2011, 01:54 PM
More demo permits filed in March 2011.

http://a810-bisweb.nyc.gov/bisweb/WorkPermitDataServlet?allisn=0002207778&allisn2=0001603797&allbin=1080870&requestid=2

HK999
May 18th, 2011, 12:31 PM
*BUMP*

--- this thread should stay and the other one should be closed ---

Extell, which is developing Carnegie 57, owns this even larger site and is poised to demolish the existing buildings for a tower that should easily exceed 300m.


http://cityroom.blogs.nytimes.com/2011/05/16/once-a-bustling-autombile-row-anchor-now-empty/

May 16, 2011, 2:39 pm Once a Bustling Automobile Row Anchor, Now Empty
By JAMES BARRON

Robert Caplin for The New York Times
1780 Broadway, the former B.F. Goodrich buildingIt was a dignified mainstay of Automobile Row, the line of glittery showrooms and automobile-related offices that stretched up Broadway from the West 50s to somewhere north of Columbus Circle. Its tire-company name lingered when new tenants moved in, among them a studio where stars like Duke Ellington made recordings.

Now the former B.F. Goodrich building at 1780 Broadway is empty.

The last retail tenant, a shoe store, closed last month. The other first-floor store, Columbus Circle Wines and Spirits, had moved a few blocks away, to 1802 Broadway, near Central Park South, when its lease expired at the end of 2007.

“We were one of the first to leave,” said Laurent Cherrier, a manager of the store. “I believe we were told it was going to be torn down and they were going to build condos, but it was more of a rumor than anything official.”
By 2009, when the city Landmarks Preservation Commission gave landmark status to 1780 Broadway, the Extell Development Corporation was said to be planning a 50-story hotel with apartments or offices for the adjacent site at 225 West 57th Street, the site of a building that was connected to 1780 Broadway.

The Municipal Art Society testified in favor of designating both buildings and said it was “particularly concerned about the fate of the 57th Street facade.” But Extell warned that a landmark designation on the 57th Street building would endanger the project, and the landmarks commission decided not to give the 57th Street building landmark status, only 1780 Broadway.

The commission voted after four City Council members indicated they might overturn a landmark designation on the 57th Street building, saying they did not want to jeopardize the planned hotel tower.

Extell, which is now building a $1.3 billion skyscraper a block away, on 57th Street opposite Carnegie Hall, says it expects to begin demolition of 225 West 57th Street in the next few weeks. As for what it plans to build on the site of No. 225, a spokesman said: “We are going over a gamut of possibilities including mixed use and residential. There is a wide range of possibilities.”
The buildings at 1780 Broadway at 225 West 57th Street opened to considerable fanfare in 1909. The trade publication The Automobile mentioned them in an article headlined “Handsome Additions to New York’s Automobile Row.” Goodrich bragged that “the ‘great white tread’ of the Goodrich tire is the big mileage tread of the ‘great white way’ and every other street and avenue in New York.”

Originally, Goodrich had a tire showroom on the first floor. On the 12th floor, where there is a balcony overlooking Broadway, were, as Goodrich put it, “the most complete automobile tire repair facilities in the United States.”

The two buildings were the work of Howard Van Doren Shaw, a prolific Chicago architect who had designed a house in Ohio for Goodrich’s president at the beginning of the 20th century. The landmarks commission noted that Shaw collaborated with the Manhattan firm of Waid & Willauer on the two Automobile Row buildings.

The Buildings Department said only that one permit had been issued for 1780 Broadway, back in 2007. It was for a “sidewalk shed,” the temporary structure necessary when exterior repairs are being done. The permit has been renewed until January of next year, a spokeswoman for the Buildings Department said.

Scalziand
http://img810.imageshack.us/img810/5746/225w57thnygooglemaps201.png

RobertWalpole
May 18th, 2011, 07:53 PM
Thanks, HK.

This tower should well exceed 300m!:cheers:

DinoVabec
May 19th, 2011, 11:15 PM
Ni3lS, can this go to the supertalls proposed section? Since it's obvious that will took over 300m..

RobertWalpole
June 8th, 2011, 03:22 AM
NYC Department of Buildings
Work Permit Data
Premises: 217 WEST 57 STREET MANHATTAN Filed At: 221 WEST 57TH STREET MANHATTAN
BIN: 1080870 Block: 1029 Lot: 19 Job Type: DM - FULL DEMOLITION

View Permit History
Job No: 110439071 Fee: STANDARD
Permit No: 110439071-01-DM Issued: Expires: 03/08/2012
Seq. No.: 04 Filing Date: 06/06/2011 RENEWAL Status: IN PROCESS
Work: Proposed Job Start: 05/29/2009 Work Approved: 01/22/2009
FULL DEMOLITION -
DEMOLITION OF 12 STORY STRUCTURE-THIS PROPERTY HAS AKA ADDRESSES 217-223 W 57TH
ST

Use: COM - COMMERCIAL BUILDINGS - OLD CODE Landmark: NO Stories: 12
Site Fill: OFF-SITE
Review is requested under Building Code: 1968

--------------------------------------------------------------------------------

Adding more than three stories: No
Removing one or more stories: Yes
Performing work in 50% or more of the area of the building: No
Demolishing 50% or more of the area of the building: Yes
Performing a vertical or horizontal enlargement adding more than 25% of the area of the building: No
Mechanical equipment other than handheld devices to be used for demolition or removal of debris to be used: No

--------------------------------------------------------------------------------


Issued to: DANIEL COLASUONNO GC SAFETY REGISTRATION: 0027837-GC
Business: TITAN CONTRACTING GP INC
66 00 LONG ISLAND EXPY MASPETH NY 11378 Phone: 718-424-0300


DEMOLITION CHECKLIST 06/06/2011 CODE DESCRIPTION STATUS
A01 PRE-DEMO INSPECTOR'S REPORT WAIVED
A02 WORKMEN'S COMPENSATION INSURANCE WAIVED
A03 DISABILITY BENEFITS INSURANCE WAIVED
A04 STREET OBSTRUCTION BOND WAIVED
A05 RODENT CONTROL WAIVED
A06 GAS CUT-OFF WAIVED
A07 ELECTRIC CUT-OFF WAIVED
A08 SEWER CUT-OFF WAIVED
A09 WATER CUT-OFF WAIVED
A10 SRO INTAKE FORM (SR01) / HPD3 CHECKLIST WAIVED
A11 5 DAY PRIOR NOTICE TO ADJOINING OWNERS WAIVED
A12 COMMUNITY BOARD NOTIFICATION WAIVED
A13 ASBESTOS REPORT (ACP5/ASB4) WAIVED
A14 PHOTOGRAPHS WAIVED
A15 PW1 APPLICATION FOR FENCE OR NB WAIVED
A16 APPOINTMENT CARD FROM B.E.S.T WAIVED
A17 LANDMARK LETTER RE NO DESIGNATION OR CAL WAIVED
A18 TITLE SEARCH WAIVED
A19 DEED FOR TRANSFER OF UNIMPROVED PROPERTY WAIVED
A20 ECB VIOLATIONS(S) FOR ILLEGAL DEMOLITION WAIVED

RobertWalpole
June 9th, 2011, 02:30 AM
Demolition permits for another one of the buildings on this sit were filed on 8 JUne 2011.

This is the empty structure which is located on the north side of the site on W58th st.

http://images1.citysearch.net/assets/imgdb/30/9d/1b/d1/0/80/bf/7c/9f/c4/20/7b/db/a0/c5/fa/6/0/5/4/7056054.JPG

Premises: 216 WEST 58 STREET MANHATTAN Job No: 120717313
BIN: 1024906 Block: 1029 Lot: 43 Document: 01 OF 1
Job Type: DM - FULL DEMOLITION

Document Overview Items Required Virtual Job Folder All Permits Schedule A Schedule B
Fees Paid Forms Received All Comments C/O Summary Plumbing Inspections
Crane Information Plan Examination
After Hours Variance Permits

--------------------------------------------------------------------------------

This job is not subject to the Department's Development Challenge Process. For any issues, please contact the relevant borough office.

--------------------------------------------------------------------------------






Last Action: PRE-FILING 06/08/2011 (A)

Pre-Filed: 06/08/2011 Building Type: Other Estimated Total Cost: $0.00
Date Filed: Fee Structure: STANDARD Filing Method: E-FILED
Review is requested under Building Code: 2008
Job Description Comments

1 Location Information (Filed At)
House No(s): 216 Street Name: WEST 58TH STREET
Borough: Manhattan Block: 1029 Lot: 43 BIN: 1024906 CB No: 105
Work on Floor(s): 001 thru 007 Apt/Condo No(s):

2 Applicant of Record Information
Name: LAWRENCE SHAPIRO
Business Name: HOWARD I SHAPIRO & ASSOCITAES Business Phone: 516-791-2600
Business Address: 303 MERRICK ROAD LYNBROOK NY 11563 Business Fax:
E-Mail: Mobile Telephone: 516-791-2600
License Number: 060597
Applicant Type: P.E. R.A Sign Hanger Other

Directive 14 Applicant
Not Applicable
Previous Applicant of Record
Not Applicable

3 Filing Representative
Name: KARISSA SANCHEZ
Business Name: EXPEDITER Business Phone: 917-676-2032
Business Address: 9 HALE STREET SI NY 10307 Business Fax:
E-Mail: Mobile Telephone:
Registration Number: S24413

4 Filing Status
Click Here to View

5 Job Types
Alteration Type 1 New Building
Change in Exits/Egress
Change in Number of Stories Alteration Type 2 Full Demolition
Change in Number of Dwelling Units Alteration Type 3 Subdivision: Improved
Change in Room Count / Dwelling Units Sign Subdivision: Condo
Change in Occupancy / Use
Change inconsistent with current Cert. of Occup.
Alteration Type 1, OT "No Work" Directive 14 acceptance requested? Yes No

6 Work Types
BL - Boiler FA - Fire Alarm FB - Fuel Burning FS - Fuel Storage
FP - Fire Suppression MH - Mechanical PL - Plumbing SD - Standpipe
SP - Sprinkler EQ - Construction Equipment CC - Curb Cut
OT - Other

7 Plans/Construction Documents Submitted
Plans Page Count: Not Provided

8 Additional Information
Enlargement proposed?
No Yes Horizontal Vertical
Street Frontage: 40 linear ft.

9 Additional Considerations, Limitations or Restrictions
Yes No
Structural peer review required per BC §1627 Peer Reviewer License No.(P.E.):
Filed to Comply with Local Law Local Law No./Year:
Other, Specify:
Restrictive Declaration / Easement
Zoning Exhibit Record (I,II,III,etc)
Landmark
Filed to Address Violation(s)
Legalization
"Little E" Hazmat Site
Unmapped Street Yes No
Adult Establishment Included in LMCCC
Compensated Development (Inclusionary Housing) Infill Zoning
Low Income Housing (Inclusionary Housing) Loft Board
Single Room Occupancy (SRO) Multiple Dwelling Quality Housing
Filing includes Lot Merger / Reapportionment (If Yes,17)
Includes permanent removal of standpipe, sprinkler or fire suppression related systems
Work includes partial demolition as defined in AC §28-101.5
Structural Stability affected by proposed work
Work includes lighting fixture and/or controls, installation or replacement. [§ECC 404 and 505]
Site Safety Job / Project

BSA Calendar No.(s):
CPC Calendar No.(s):

10 NYCECC Compliance New York City Energy Conservation Code (Applicant Statement)
Not Provided

11 Job Description
DEMOLITION OF A 7 STORY BUILDING MECHANICAL MEANS
Related BIS Job Numbers:
Primary application Job Number:

12 Zoning Characteristics
District(s): C5-1 - RESTRICTED CENTRAL COMMERCIAL DISTRICT
Overlay(s):
Special District(s):
Map No.: 8c Street legal width (ft.): Street status: Public Private
Zoning lot includes the following tax lots: Not Provided
13 Building Characteristics

Existing 2008 Code Designations?
Occupancy Classification: S-1 - STORAGE: MODERATE HAZARD Yes No
Construction Classification: I-B: 2 HOUR PROTECTED - NON-COMBUST Yes No
Multiple Dwelling Classification:
Building Height (ft.): 77
Building Stories: 7
Dwelling Units:

Mixed use building? Yes No

14 Fill
Not Applicable Off-Site On-Site Under 300 cubic yards

15 Construction Equipment
Chute Sidewalk Shed Construction Material: WOOD
Fence Size: linear ft. BSA/MEA Approval No.:
Supported Scaffold Other

16 Curb Cut Description
Not Applicable

17 Tax Lot Characteristics
Not Provided

18 Fire Protection Equipment
Not Applicable

19 Open Spaces

20 Site Characteristics
Not Provided

21 Demolition Details

Pre-Demolition Inspection: NOT RECORDED


Yes No
Demolishing a secondary structure? Specify:
Mechanical means from out of building? entire structure or part of structure
Mechanical means from within building? Describe equipment proposed:
Demolition work affects the exterior building envelope

22 Asbestos Abatement Compliance
The scope of work requires related asbestos abatement as defined in the regulations of the NYC Department of Environmental Protection (DEP).
The scope of work does not require related asbestos abatement as defined in the regulations of the NYC DEP.
The scope of work is exempt from the asbestos requirement as defined in the regulations promulgated by the NYC DEP (15 RCNY 1-23(b)).

23 Signs
Not Applicable

24 Comments

Comments for Document 01
DEMOLITION OF A 7 STORY BUILDING


25 Applicant's Statements and Signatures ( See paper form or check Forms Received )
Yes No
For New Building and Alteration 1 applications filed under the 2008 NYC Building Code only: does this building qualify for high-rise designation?
Directive 14 applications only: I certify that the construction documents submitted and all construction documents related to this application do not require a new or amended Certificate of Occupancy as there is no change in use, exits, or occupancy.

26 Owner's Information
Name: RAIZY HAAS
Relationship to Owner: PRESIDENT
Business Name: BROADWAY TRIO LLC Business Phone: 212-712-6114
Business Address: 805 THIRD AVE NY NY 10022 Business Fax:
E-Mail: Owner Type: PARTNERSHIP
Non Profit: Yes No

Yes No
Owner's Certification Regarding Occupied Housing (Remain Occupied)
Owner's Certification Regarding Occupied Housing (Rent Control / Stabilization)
Owner DHCR Notification
Owner's Certification for Adult Establishment
Owner's Certification for Directive 14 (if applicable)


Metes and Bounds
To view metes and bounds, see the Plot Diagram (form PD-1). A scanned image may be available here.

600West218
June 9th, 2011, 02:42 AM
I'll be happy to see another 1,000 plus foot building here.

But how do they get permission for buildings like this and One57 so easily. When the TWC was being built they were really limited in height due to the issue of shadows being cast on Central Park. How is that seemingly not an issue for these buildings? I would think the Community Board for this area would be up in arms.

RobertWalpole
June 9th, 2011, 02:50 AM
If, like Carnegie 57, a tower is built with the air rights it possesses as of right, there's really nothing that opponents can do. With Torre Verre, by contrast, the air rights that the developer assembled included transfers from non-contiguous properties and therefore, required city approval.

600West218
June 9th, 2011, 05:17 PM
No, meeting the air rights criteria is a minimum requirement. You still have to be approved by the local community board and probably by the city planning commission. Those latter two things are what forced the TWC not be be as tall as was originally planned and have stalled many other projects such as Atlantic Yards in Brooklyn.

But I have not heard of any public outcry on this (which is what would force the community boards hand) so I guess people are ok with it. Fine with me, the more skyscrapers the better :-)

RobertWalpole
June 9th, 2011, 07:19 PM
No, meeting the air rights criteria is a minimum requirement. You still have to be approved by the local community board and probably by the city planning commission. Those latter two things are what forced the TWC not be be as tall as was originally planned and have stalled many other projects such as Atlantic Yards in Brooklyn.

But I have not heard of any public outcry on this (which is what would force the community boards hand) so I guess people are ok with it. Fine with me, the more skyscrapers the better :-)

The community board's decision isn't binding.

kingsc
June 9th, 2011, 08:44 PM
TWC was the first skyscraper built in the city after 9/11. People were afraid of tall buildings but that isn't the case anymore. And the whole casting shadow on central park makes no sense. Because the trees already do that.

DinoVabec
July 13th, 2011, 10:06 PM
July 13th, RoldanTTLB, WNY..

http://farm7.static.flickr.com/6028/5932639966_b4d373895f_b.jpg

http://farm7.static.flickr.com/6147/5929503625_20a4222ca0_b.jpg

http://farm7.static.flickr.com/6127/5932086309_03d17a6791_b.jpg

RobertWalpole
July 16th, 2011, 06:24 PM
More demo permits were filed for 221 and 225 W57th on 14 July 2011.

http://a810-bisweb.nyc.gov/bisweb/JobsQueryByNumberServlet?requestid=2&passjobnumber=120757056&passdocnumber=01

I predict this tower to be around 350m tall.

DinoVabec
July 16th, 2011, 07:51 PM
Update by Dan Burnett, today..

http://img856.imageshack.us/img856/3415/photo8f.jpg

http://img823.imageshack.us/img823/6333/photo10xc.jpg

http://img26.imageshack.us/img26/100/photo14ss.jpg

chjbolton
July 17th, 2011, 03:41 AM
More demo permits were filed for 221 and 225 W57th on 14 July 2011.

http://a810-bisweb.nyc.gov/bisweb/JobsQueryByNumberServlet?requestid=2&passjobnumber=120757056&passdocnumber=01

I predict this tower to be around 350m tall.


Seriously, isn't that just a little weeny tiny bit of a bold claim?! 350??! How? Why? When? Do you have a-n-y clues as to why you're making such an optimistic prediction?

(don't get me wrong: I'd love it if you were right, but I WILL hate you if you get my hopes way too high only to be heartbroken! :lol: )

RobertWalpole
July 17th, 2011, 03:18 PM
This is a very accurate prediction. This tower is being developed by the same developer of One 57 (i.e., Extell). It has about 30% more air rights than One 57, and therefore, should be around 30% taller than that tower. 350m is a conservative estimate since One 57 will be around 305m tall.

kingsc
July 17th, 2011, 08:26 PM
Well see. And I'm sure we won't see the design, till the last minute.

HK999
July 17th, 2011, 09:05 PM
Well see. And I'm sure we won't see the design, till the last minute.

So true, C57 was a perfect example.

This is a very accurate prediction. This tower is being developed by the same developer of One 57 (i.e., Extell). It has about 30% more air rights than One 57, and therefore, should be around 30% taller than that tower. 350m is a conservative estimate since One 57 will be around 305m tall.

350m would be great. I need to update my NYC construction list, it's been a while. :cheers2:

600West218
August 1st, 2011, 08:51 PM
I seriously doubt 350 meters will be allowed. I would love it but I would think the Central Park lovers will put up a big fight about it casting too big of a shadow over the park.

When by the site on Sunday. Demolition is moving along.

When will that stupid grocery store have to move?

600West218
August 1st, 2011, 08:52 PM
Hey Dino, just noticed those pictures of mine are in the wrong thread. Those pictures show the new High School on EAST 57th Street, not the demolition at this site.

But given that both are entirely black netting they do look similar :-)

RobertWalpole
August 1st, 2011, 10:19 PM
I seriously doubt 350 meters will be allowed. I would love it but I would think the Central Park lovers will put up a big fight about it casting too big of a shadow over the park.

When by the site on Sunday. Demolition is moving along.

When will that stupid grocery store have to move?

I believe that their total air rights allow a structure of around 350m as of right, and therefore, city approvals are not required (like Carnegie 57 and unlike Torre Verre).

600West218
August 1st, 2011, 10:24 PM
Community boards always have a say and if they make a big fight the project could be held up or changed. But hopefully that won't happen. I would never have guessed that Carnegie 57 could go through and obviously it did.

RobertWalpole
August 1st, 2011, 11:59 PM
Community boards always have a say and if they make a big fight the project could be held up or changed. But hopefully that won't happen. I would never have guessed that Carnegie 57 could go through and obviously it did.

Community Boards have no power. Their comments are advisory. Only the LPC can force a major change, and they're not involved when a project is as of right.

xJamaax
August 2nd, 2011, 12:10 AM
No renders?

RobertWalpole
August 2nd, 2011, 12:37 AM
http://www.observer.com/2011/08/explosive-extell-demoing-west-57th-tire-tower/

Explosive Extell Demoing West 57th Tire Tower
By Matt Chaban 12:40pm
Riverside South and One57. Which can we expect for Broadway? (Extell)
Gary Barnett continues to bulldoze his way across the city. Just last week, his Extell Development unveiled plans for a new tower at Riverside South; found a partner for a stalled 50-story hotel near Times Square; and secured $700 million in financing from Abu Dhabi toward One57, the condo-hotel tower on West 57th Street that will be the tallest, and likely most expensive, when it is completed. As if that were not enough, the developer has begun work just down the block on another of its long-simmering projects.

At the corner of Broadway and 57th Street, Extell has plans for yet another soaring tower; it will be either commercial or residential, an official decision has not been made. That has not kept the developer from moving ahead with demolition of some of the buildings it owns on the site, a controversial task since Extell fought off an effort by the Landmarks Preservation Commission to preserve two of the structures in 2009.

Extell assembled the T-shaped plot last decade and then took out a $256 million mortgage on it, leading to quite a bit of consternation when the commission unexpectedly decided 1780 Broadway and 225 West 57th Street were worth saving. Once owned by B.F. Goodrich, they are part of a stretch of Jazz Age dealerships known as Automobile Row. In the end, the commission brooked a contentious deal to save 1780 Broadway while allowing 225 West 57th Street to be torn down.

The site, like so many others at the moment, had lain fallow through the downturn but has now reawakened. Between February and June of this year, Extell filed a series of demolition permits for various buildings on 57th and 58th streets, which the Department of Buildings approved last month. One of those buildings is now coming down, with others to follow. “We’re doing salvage work on the interiors of 217 and 221 West 57th and then start this week to take down the three-story 217 floor by floor,” an Extell spokesman said in an email last week.

The spokesman would not disclose whether the project had financing, but that has not stopped Extell before. Demolition commenced years before construction started on either the One57 site or the International Gem Tower in the Diamond District, and both began construction using only Extell’s equity. As shown at One57, this strategy allowed the developer to act faster because Mr. Barnett did not need to wait for the wrecking ball, and his construction progress helped attract investors, a particularly challenging prospect during the current economic malaise.

Extell also declined to discuss an architect or designs for the 57th and Broadway project, which brings the story back to Riverside South.

For years, Mr. Barnett was known for developing rather pedestrian buildings in line with the man he replaced on that redoubt overlooking the Hudson, Donald Trump. More recently, he has striven for greater architectural ambition, hiring SOM for the International Gem Tower and KPF for the aborted World Commerce Centre. Meanwhile, notable firms such as Lucian LeGrange and FXFowle have been designing some of his residential projects.

Perhaps no architect has benefited more than Christian de Portzamparc, the French Pritzker Prize winner who had built nothing in the city besides the LVMH headquarters a decade ago, with few buildings to his name elsewhere. Now, Mr. Barnett has become his biggest patron, tapping Mr. de Portzamparc not only for One57 but also for Riverside Center, the five-tower complex that is the final piece of the Riverside South puzzle. Extell won a tough rezoning fight for the project last year.

Now that Mr. Barnett has turned to Goldstein Hill & West Architects, a firm best known for working with Costas Kondylis on some of the city’s blander buildings, for the final Riverside South tower that is not a piece of Mr. de Portzamparc’s plan, it raises the question of what sort of designs New Yorkers can expect at 57th Street and Broadway. Will it be another Pritzker-worthy prize, or has Extell returned to more pedestrian fare?

mchaban [at] observer.com | @MC_NYC

Eric Offereins
August 2nd, 2011, 10:39 PM
Well see. And I'm sure we won't see the design, till the last minute.

Why are they so secretive about their designs?

Don't you need to hand over designs when you want building permits?

desertpunk
August 2nd, 2011, 10:45 PM
Why are they so secretive about their designs?

Don't you need to hand over designs when you want building permits?

Developers love the drama and marketing buzz from big reveals staged at press conferences. Having their designs leaked out beforehand spoils the effect.

kingsc
August 3rd, 2011, 04:44 AM
Why are they so secretive about their designs?

Don't you need to hand over designs when you want building permits?

I'm sure they think if they keep it to themselves, the NIMBY won't have a chance to kill it. Maybe all the need is blueprints for permits, I don't know.

DinoVabec
August 7th, 2011, 11:44 AM
August 6th, Dan Burnett..

http://img6.imageshack.us/img6/4259/photo6hp.jpg

RobertWalpole
August 7th, 2011, 12:03 PM
Good news. Yet another 300m+ tower is on the way!

dutchsnookerfan
August 7th, 2011, 02:21 PM
Where are the renders?

RobertWalpole
August 7th, 2011, 02:34 PM
We're still waiting for renderings of this project and The Drake.

RobertWalpole
August 9th, 2011, 11:32 PM
I walked by on 9 Aug. 2011, and they were busy taking down 217 W57th. Also, a crew was erecting the sidewalk bridge for the demolition of 220 W58th.

Since NYC is sprouting supertalls like weeds these days, I look forward to another one!

More demo docs were filed with the DOB on 8 Aug. and 9 Aug.

http://a810-bisweb.nyc.gov/bisweb/JobsQueryByNumberServlet?requestid=3&passjobnumber=120787103&passdocnumber=01

http://a810-bisweb.nyc.gov/bisweb/WorkPermitDataServlet?allisn=0002272540&allisn2=0001927318&allbin=1080870&requestid=2

Kanto
August 10th, 2011, 12:13 AM
Good news. Yet another 300m+ tower is on the way!

So this'll be a supertall? I'd say it should be moved into the proposed supertalls sub forum then :dunno:

RobertWalpole
August 10th, 2011, 12:36 AM
So this'll be a supertall? I'd say it should be moved into the proposed supertalls sub forum then :dunno:

It's being built by the developer of One57, and it has a lot more air rights, as of right. Therefore, it should be at least 350m.

aarhusforever
August 10th, 2011, 12:44 AM
Oh boy, if this really turns out to be yet another supertall i Sin City, i'm just gonna do a backflip :lol: Nice to see, that NYC still is #1 in the world, when it comes to tall buildings...now and forever. GO NEW YORK!!! :)

Greetings to all in NY from Aarhus in EU. :)

Kanto
August 10th, 2011, 12:53 AM
It's being built by the developer of One57, and it has a lot more air rights, as of right. Therefore, it should be at least 350m.

Pure awesomeness :banana2:

Dirty new yorker
August 10th, 2011, 04:20 AM
It doesnt mean anything to me until it's actually u/c
And if this is built I will be pumped :cheers:

Rubba
August 10th, 2011, 08:36 PM
Will get me pumped too!!...I love the skyline and this just added more supertalls the bunch :banana:

bennyboo
August 11th, 2011, 01:36 PM
i want a render!! D:

RobertWalpole
August 15th, 2011, 09:57 PM
I walked by on 15 Aug. 2011 and observed that demolition is proceeding rapidly at the various properties that comprise the site of Extell's other planned supertall located at 225 W 57th.

The scaffolding covers 4 of the approx. five floors of the exterior of 220 W58th.

600West218
August 15th, 2011, 10:50 PM
Yeah, but the grocery store shows no signs of moving. What is that about?

RobertWalpole
August 15th, 2011, 11:01 PM
From the perspective of a casual observer, T&A shows no sign of leaving 42 E57th at The Drake site, and yet they're relocating. The grocery store will be gone by the time 221 W57th and 220 W58th come down.

rencharles
August 16th, 2011, 12:54 AM
Thanks for the information Robert. :okay:

RobertWalpole
August 16th, 2011, 02:08 PM
My pleasure, RenCharles.

Here's the north side of the site, 220 W58th St., on 15 Aug. 2011:

RoldanTTLB
http://farm7.static.flickr.com/6182/6047980656_a947d9c7f0_b.jpg

http://wirednewyork.com/forum/attachment.php?attachmentid=13826&d=1313465919

RobertWalpole
August 18th, 2011, 03:43 PM
With the success that Extell is having with One 57, which likely will be the lamest of the four residential supertalls, I say "Bring on Torre Verre, 440 Park and 225 W 57th ASAP!"
http://www.bluemelon.com/photo/18602/1633837-T1200800.jpg

http://therealdeal.com/newyork/articles/brokers-peddle-98-5m-penthouses-at-extell-developments-one57-on-57th-street

Penthouses at Extell's One57 ask $98.5MAugust 18, 2011 08:30AM

Extell President Gary Barnett and a rendering of One57
Two stellar penthouses at One57, Extell Development's prospective 1,000-foot condominium and hotel tower on West 57th Street, are being shopped around by the city's biggest brokers for $98.5 million apiece, the New York Post reported.

One penthouse on the 90th floor will clock in at 10,923 square feet, the Post said, while the other, on the 75th floor, will be 12,554 square feet. They may be the priciest preconstruction condos ever, sources said.

Slated to be the city's largest residential tower at 90 floors, the building is slated to be completed within two years. The developer is partnering on the project with an Abu Dhabi government fund, which controls most of the equity.

Designed by Christian de Portzamparc, the building will have a Park Hyatt hotel on its first 30 floors, and 95 luxury condos will take up the remaining 60 floors. [Post]

azn_man12345
August 19th, 2011, 01:52 AM
I remember someone claiming that 225 W 57th had about 30% more air rights then One57. 306 x 1.3 is almost 400m though (397.8 to be exact). Why are people suggesting this thing will be about 350m tall?

I also recall saying that air in Manhattan is extremely valuable and it would be stupid for any developer not to build to maximum height, which is why Manhattan has so many skyscrapers.

Why not 400 though and only 350? :p

RobertWalpole
August 19th, 2011, 06:13 AM
I remember someone claiming that 225 W 57th had about 30% more air rights then One57. 306 x 1.3 is almost 400m though (397.8 to be exact). Why are people suggesting this thing will be about 350m tall?

I also recall saying that air in Manhattan is extremely valuable and it would be stupid for any developer not to build to maximum height, which is why Manhattan has so many skyscrapers.

Why not 400 though and only 350? :p

I said that it has about 30% more air rights than Carnegie 57. The thing that could make it either 300m tall or 400m tall is the amount of office space, if any, that the project has. If it has 20 floors of boutique office space with condos and a hotel above, it could be 300m. If it's all condos and a hotel, it should be around 400m.

Im Using A Computer
August 19th, 2011, 06:20 AM
I said that it has about 30% more air rights than Carnegie 57. The thing that could make it either 300m tall or 400m tall is the amount of office space, if any, that the project has. If it has 20 floors of boutique office space with condos and a hotel above, it could be 300m. If it's all condos and a hotel, it should be around 400m.
which way do you think it will be?

azn_man12345
August 19th, 2011, 01:14 PM
I said that it has about 30% more air rights than Carnegie 57. The thing that could make it either 300m tall or 400m tall is the amount of office space, if any, that the project has. If it has 20 floors of boutique office space with condos and a hotel above, it could be 300m. If it's all condos and a hotel, it should be around 400m.

Ah okay. Thanks for clearing that up for me Robert. Which do you think it will be?

yankeesfan1000
August 19th, 2011, 03:36 PM
With all the office space U/C in the city, or buildings searching for tenants chances are this is hotel/condo, especially with the demand for high end real estate with very little current supply outside of C57. This'll have even better views than C57 too.

RobertWalpole
August 19th, 2011, 04:05 PM
Ah okay. Thanks for clearing that up for me Robert. Which do you think it will be?

I agree with Yankeesfan that this probably will lack an office component and will be purely residential/hotel and therefore, around 350-400m tall. A residential/condo would be much easier to finance than would be a tower that has even a small office component of 200k sf. Offices require pre-leasing to get financing, and a boutique office component of that size would entail a lot of small, but very expensive, leases to hedge funds, PE firms, etc. It would be very difficult to show the lenders that you're fifty percent preleased when you're leasing to many small users.

JohnFlint1985
August 21st, 2011, 09:45 PM
as of yesterday
http://images43.fotki.com/v679/photos/7/1306457/10002502/Pictures029-vi.jpg

http://images112.fotki.com/v110/photos/7/1306457/10002502/Pictures030-vi.jpg

rencharles
August 22nd, 2011, 05:42 AM
Hmmm ... The demolition process is good, hopefully by the end of the year the buildings of the site is completely demolished.

Until then (year's end), I'm hoping that some render is released.

RobertWalpole
August 23rd, 2011, 01:49 AM
Thanks for the photos, JohnFlint. Demo prep for 220 W58th St also is progressing well.

Here's a photo by RoldanTTLB
http://farm7.static.flickr.com/6207/6063062562_ebb336456a_b.jpg

RobertWalpole
September 16th, 2011, 11:29 PM
Demolition permits filed with the NY DOB on 14 Sep. 2011:

http://a810-bisweb.nyc.gov/bisweb/WorkPermitDataServlet?allisn=0002286489&allisn2=0001604708&allbin=1080870&requestid=2

RobertWalpole
September 20th, 2011, 04:27 AM
Filed on 15 Sep. 2011:

http://a810-bisweb.nyc.gov/bisweb/WorkPermitDataServlet?allisn=0002287628&allisn2=0001905340&allbin=1024906&requestid=2

daccounting
September 20th, 2011, 08:18 AM
With the success that Extell is having with One 57, which likely will be the lamest of the four residential supertalls, I say "Bring on Torre Verre, 440 Park and 225 W 57th ASAP!"
http://www.bluemelon.com/photo/18602/1633837-T1200800.jpg

http://therealdeal.com/newyork/articles/brokers-peddle-98-5m-penthouses-at-extell-developments-one57-on-57th-street

Penthouses at Extell's One57 ask $98.5MAugust 18, 2011 08:30AM

Extell President Gary Barnett and a rendering of One57
Two stellar penthouses at One57, Extell Development's prospective 1,000-foot condominium and hotel tower on West 57th Street, are being shopped around by the city's biggest brokers for $98.5 million apiece, the New York Post reported.

One penthouse on the 90th floor will clock in at 10,923 square feet, the Post said, while the other, on the 75th floor, will be 12,554 square feet. They may be the priciest preconstruction condos ever, sources said.

Slated to be the city's largest residential tower at 90 floors, the building is slated to be completed within two years. The developer is partnering on the project with an Abu Dhabi government fund, which controls most of the equity.

Designed by Christian de Portzamparc, the building will have a Park Hyatt hotel on its first 30 floors, and 95 luxury condos will take up the remaining 60 floors. [Post]
is that just beside the park? then it is really luxurious to live there

Simfan34
September 20th, 2011, 11:49 AM
What's to guarantee it won't be shorter?

RobertWalpole
September 20th, 2011, 03:20 PM
is that just beside the park? then it is really luxurious to live there

The north entrance is on 58th, and the park starts at 59th.

600West218
September 20th, 2011, 03:30 PM
The grocery store is still there. What gives?

yankeesfan1000
September 20th, 2011, 10:41 PM
What's to guarantee it won't be shorter?

As has been said, this has about 30% more air rights than Carneige 57. And it would make zero sense for Extell to build this significantly shorter than the air rights they have spent huge money on permit.

The buildings between this and the park in relation to the buildings between Carneige 57 and Central Park are much shorter. So this would have more units with unobstructed views of the park than Carneige 57, even if this didn't have more air rights. But with upper floors on Carneige 57 fetching $9,000-$10,000 a sf, and apartments at 15 Central Park West, a couple blocks away with views of the park regularly in the $6,000 sf range, and the penthouse at the TWC a few blocks away on the market for $60,000,000, Extell would be mental to not build every foot of this tower that they can. It offers the greatest return on their investment, and at the end of the day, this tower will be built to make money for Extell and the equity partners who invest in it.

RobertWalpole
September 22nd, 2011, 02:21 AM
The grocery store is still there. What gives?

Extell owns the building that the grocery store is in, and it's demolishing all of the floors above the store. It's a matter of time before Extell and the store come to an agreement to terminate its lease. Who even goes to that store since Whole Foods opened two blocks away?

RobertWalpole
September 23rd, 2011, 07:38 PM
http://therealdeal.com/newyork/articles/supply-scarcity-helps-manhattan-condo-developers-including-gary-barnett-according-to-corcoran-sunshine


Supply scarcity boosts prices for Manhattan condo developers
September 23, 2011 10:00AM



From left: One57 and Extell Development President Gary Barnett, the Touraine and Toll Brothers CEO Bob Toll and MiMA and Related Companies CEO Stephen RossThere's a scarcity of new development in Manhattan, and developers are licking their chops. According to Corcoran Sunshine Marketing Group data cited by the New York Times, by the end of 2011 just 1,111 new units will open in Manhattan south of Harlem. That's down from 1,767 last year, ad 8,552 in 2007.

That's good news for developers -- such as Extell Development, Related Companies and the Toll Brothers who are delivering One57, MiMA and the Touraine, respectively, to the market -- who recognize the scarcity of supply and are raising prices and foregoing concessions. In fact, some developers are even refusing to negotiate with buyers on price.

Meanwhile, in Brooklyn, there's a condominium boom of sorts underway, though mostly in smaller buildings. The borough's lower prices and the relatively small sack of the projects has made financing easier to obtain for developers. In the second quarter of 2011, 24.6 percent of sales were new developments, compared to 14 percent in the prior year quarter, according to data from appraiser Jonathan Miller. [NYT]

RobertWalpole
September 27th, 2011, 03:22 AM
The following was filed with the DOB on 26 Sep. 2011. I can't wait for renderings for this project.

http://a810-bisweb.nyc.gov/bisweb/JobsQueryByNumberServlet?requestid=3&passjobnumber=120787103&passdocnumber=02

rencharles
September 27th, 2011, 03:56 AM
^^

It's true. I also.

This is a very unknown yet, but we know it's the same company responsible for One57, and still has the rights to air 30% more than the One57. Making it possibly one of the best residential projects of this decade.

Fingers crossed it all works out.

RobertWalpole
September 27th, 2011, 04:34 AM
I agree.

MikeyG
September 30th, 2011, 01:52 AM
what the update on this building now?

RobertWalpole
November 18th, 2011, 11:40 PM
As of 17 Nov. 2011, substantial progress has been made on demolition. Extell has only 97 apartments to sell at One57, and given the red hot sales at other new developments, they should sell quickly. Therefore, hopefully we'll see renderings of this 300m+ tower in 2012!

Myster E
November 19th, 2011, 12:14 AM
^^ Another 300m tower for NY. The boom sure is kicking in despite the threat of another recession.

RobertWalpole
November 19th, 2011, 03:03 AM
The worldwide recession is actually good for NY. The dollar is cheap and safe compared to most world currencies, and property in NY and London is a safe investment.

bennyboo
November 19th, 2011, 07:09 AM
world might be going into recession but as of how it looks now id say USA is in a pretty good comparatively.

azn_man12345
November 19th, 2011, 06:47 PM
^I dunno about the US, but NYC is very good :)

Kanto
November 19th, 2011, 07:09 PM
If somebody goes into recession it'll be us, the Euro zone :rant:

RobertWalpole
November 19th, 2011, 07:43 PM
If somebody goes into recession it'll be us, the Euro zone :rant:

The Eurozone already is in recession. The US took a Keynsian approach to the 2008 downturn, and Europe took the opposite approach. The US fared much better, and this demonstrated the validity of Keyne's theories.

Nonetheless, if the Euro goes bust, the entire world will suffer a very serious recession. US Banks probably hold a lot of collateral default swaps and other financial instruments that will sustain huge losses if European countries default and European banks fail. Since the US and Europe are the developing world's primary markets, those countries (i.e., China, Brazil, etc.) will suffer too. No one is safe. The Euro was a very bad idea from the start.

RobertWalpole
November 19th, 2011, 07:45 PM
^I dunno about the US, but NYC is very good :)

New York has been very good because Wall Street has been doing well. However, Wall Street is now suffering from layoffs. That being said, high-end NY property will still do well due to the cheap dollar and strong overseas demand. In an uncertain, global financial landscape, property in NY and London is better than investments in US treasuries or gold.

azn_man12345
November 20th, 2011, 08:02 PM
So uh... Why is this project still under "Skyscrapers"? Isn't it more or less confirmed that it'll be at least as tall as One57?

RobertWalpole
November 21st, 2011, 12:12 AM
Since no official numbers have been released, I guess the moderators want to "play it safe." That being said, with roughly 1m sf, a residential tower will be well over 300m. The rumour is that this will be around 380m tall.

azn_man12345
November 21st, 2011, 02:08 AM
Wow. That's almost as tall as the ESB. Great news. I hope the rumor turns out to be true :)

RobertWalpole
November 21st, 2011, 05:24 PM
More good news which should make it easy for Extell to finance 225 W57th:

therealdeal.com
High-end home shortage could help One57
November 21, 2011 09:30AM


From left: Rubicon Property CEO Jason Haber and a rendering of Extell's One57A lack of new construction, an influx of international buyers and prices still far from peaks have fueled a shortage of high-end apartments in New York City, Bloomberg News reported.

There were 832 homes on the market asking at least $5 million in New York City in October, according to Streeteasy.com, down 9.5 percent from the same time two years ago. Simultaneously, sales of Manhattan luxury apartments increased 17 percent in the third quarter from the prior-year quarter, according to Miller Samuel. There were more sales of at least $20 million in the third quarter this year than during any time since the third quarter of 2008.

Miller Samuel CEO Jonathan Miller traced the beginning of the trend to last November when William Lie Zeckendorf sold his 15 Central Park West penthouse for $40 million and a Superior Ink penthouse went for $31.5 million. By April, the number of pending contracts in the $5 million and greater price range rose to 152, the biggest resurgence since 2008, according to UrbanDigs.com.

The shortage is becoming severe enough that Rubicon Property has sent letters to clients with high-end homes gauging their interest in selling."That's a sign of the times," CEO Jason Haber said. "This is a ready, willing and able buyer and we can't find the product for him."

Bloomberg News said this could be good news for Extell Development's One57, which will launch sales later this month, two years ahead of other high end development. [Bloomberg News]

http://www.bloomberg.com/news/2011-11-21/manhattan-s-luxury-home-supply-dwindles-as-high-end-apartment-demand-jumps.html#

RobertWalpole
November 30th, 2011, 12:00 AM
Work on this site was in full swing on 29 Nov. 2011. The school, which was located at 220 W58th (on the northeast portion of the site) is gone, as is 217W57th. 221 W57th is nearly gone, and demolition is proceeding on 225 W58th.

JohnFlint1985
November 30th, 2011, 04:04 AM
Work on this site was in full swing on 29 Nov. 2011. The school, which was located at 220 W58th (on the northeast portion of the site) is gone, as is 217W57th. 221 W57th is nearly gone, and demolition is proceeding on 225 W58th.

I think that all this activity in American big real estate market is due to Europe's situation. Investors look for anything that they can invest and NYC real estate market seems to attract them the most.

I only don't get why WTC don't get some real tenants...:dunno:

RobertWalpole
December 1st, 2011, 11:06 PM
Today

KZP1000s
http://farm8.staticflickr.com/7019/6437024869_e84efd2810_b.jpg

A few months ago:

http://farm7.static.flickr.com/6028/5932639966_b4d373895f_b.jpg

Hendycfc
December 2nd, 2011, 08:48 PM
So, hopefully one more month and this will be gone?

The beginning of foundation working at the start of 12'?

yankeesfan1000
December 2nd, 2011, 09:41 PM
Doubt it. Best case scenario for that is spring 2012. On the bright side, Extell has very deep pockets so they could conceivably pay for foundation work out of pocket, while looking to secure traditional financing.

The lack of updates on this isn't a bad sign, Extell played their cards very close to the chest even after construction had started at One57. All indications are that that will sell out in a short period, so hopefully the success of One57 will make getting financing for this easier.

600West218
December 4th, 2011, 11:46 PM
Yup, the demo has indeed moved ahead. Today, December 4th, from the 58th street side:

http://farm8.staticflickr.com/7164/6455421937_bf98cdeb19_b.jpg (http://www.flickr.com/photos/600west218/6455421937/)
100_4330 (http://www.flickr.com/photos/600west218/6455421937/) by 600West218 (http://www.flickr.com/people/600west218/), on Flickr

http://farm8.staticflickr.com/7153/6455422827_fe73a42fbc_b.jpg (http://www.flickr.com/photos/600west218/6455422827/)
100_4331 (http://www.flickr.com/photos/600west218/6455422827/) by 600West218 (http://www.flickr.com/people/600west218/), on Flickr

http://farm8.staticflickr.com/7001/6455423709_9ea68aca1f_b.jpg (http://www.flickr.com/photos/600west218/6455423709/)
100_4332 (http://www.flickr.com/photos/600west218/6455423709/) by 600West218 (http://www.flickr.com/people/600west218/), on Flickr

http://farm8.staticflickr.com/7026/6455424625_49d702c84d_b.jpg (http://www.flickr.com/photos/600west218/6455424625/)
100_4333 (http://www.flickr.com/photos/600west218/6455424625/) by 600West218 (http://www.flickr.com/people/600west218/), on Flickr

I still don't get what is going on with that supermarket. They need to be out of there asap. I think if they are not gone by February some of us SSCs will have to take matters into our own hands. We can't let the NYC skyline be held back because of one obstinate supermarket (for Gods sake people, go shop at Whole Foods in Columbus Circle!!).

RobertWalpole
December 5th, 2011, 12:04 AM
I believe that if Extell is doing very well with sales at One57, they'll simply pay more to get Morton Williams out. Extell is engaging in Machiavellian tactics at the moment by demolishing everything around the market and by de-constructing the five floors above the market. Morton Williams must be flooded with rats at the moment with all of the excavation that's occurring.

CB31
December 5th, 2011, 12:38 AM
Thanks man for the pictures. Great work

RobertWalpole
December 5th, 2011, 01:59 AM
This dilapidated school, which was razed recently, used to occupy the north part of the site on W58th St.

Lofter1
http://i130.photobucket.com/albums/p242/Lofter1/Midtown/091208_220_226W58_2.jpg

azn_man12345
December 5th, 2011, 02:36 AM
Hey Robert. When do you think we'll get renders of this?

RobertWalpole
December 5th, 2011, 03:24 AM
Hey Robert. When do you think we'll get renders of this?

Even if actual construction on 221/225 starts in the spring or summer of 2012, it will be a while before we see renderings. Extell, the developer of 221/225 W57th and of One57, delays showing renderings. However, I speculate strongly that de Portzamparc will design it.

giorgio righi riva
December 5th, 2011, 04:07 PM
May be Steven Holl first skycraper in Nyork.
Remember the proposed Extell holl for hudson yards and the extell holl for the other single skycraper?

Varghedin
December 7th, 2011, 04:19 PM
A bit ironic that the school that was razed was called 'Landmark High School', but the real landmark couldn't rise until it was turned to rubble.

RobertWalpole
December 8th, 2011, 04:03 AM
May be Steven Holl first skycraper in Nyork.
Remember the proposed Extell holl for hudson yards and the extell holl for the other single skycraper?

I bet that he'll commission de Portzamparc again.

Jay
December 8th, 2011, 04:25 AM
isn't this building supposed to be well over 300 meters?

RobertWalpole
December 8th, 2011, 04:29 AM
Yes.

azn_man12345
December 8th, 2011, 05:03 AM
^^If rumors are correct, about 381m/1250ft.

Jay
December 8th, 2011, 10:17 AM
why don't we move it to the supertall section then?

I just read it has 30% more air rights than one57, 1300 footer anyone?

yankeesfan1000
December 8th, 2011, 04:17 PM
Because nothing is official yet.

RobertWalpole
December 9th, 2011, 03:28 AM
These photos depict the site on 8 Dec 2011. They show how close this tower will be to One 57.

NYGuy
http://www.pbase.com/nyguy/image/140197280/original.jpg

NYGuy
http://www.pbase.com/nyguy/image/140197277/original.jpg

RobertWalpole
December 12th, 2011, 03:29 PM
The demand for these units is VERY strong, and as set forth below, the developer of this site and One 57 is bullish.

http://www.crainsnewyork.com/article/20111211/REAL_ESTATE/312119975/1033

New luxury home hard to come by, but easy to sell
Three years into real estate market recovery, pricey units finally catch fire.

By Amanda Fung @amandafung

December 11, 2011 5:59 a.m.

In June, all seven of the full-floor residences at the 10-story luxury condominium at 41 Bond St., in NoHo, sold out in less than a month at prices ranging from $5.2 million to $8.3 million.

“It was a quick process,” said Joseph McMillan, chief executive of DDG Partners, 41 Bond's developer. “There wasn't a lot of competitive product in the market.”

And so it goes around Manhattan. A dearth of new construction in the wake of the crash has led this year to a shortage of high-end apartments for sale—and a strong rebound in prices. The revival of the residential real estate market that began almost two years ago at the lower end of the market, has finally hit the top of the market, as wealthy local buyers and foreign investors alike have gobbled up pricey pads.

Old plans reborn
In response, developers are dusting off plans for some big new luxury projects. However, most remain years away from building, further adding to the frenzy of today's buyers.

“A lot of people didn't know where to put their money this year, the stock market was so volatile,” said Dottie Herman, chief executive of Prudential Douglas Elliman. “So they put it in New York real estate.”

As of Dec. 7, 540 units priced $4 million and up were in contract in Manhattan, according to the Olshan Luxury Report. That is more than in all of 2010, when there were 486 such deals, but still far below the peak figure of 644 set in 2007.

The combination of strong demand and limited supply has pushed the price of luxury apartments, defined as the top 10% of the all condo and co-op deals, up 9% over the last year to an average of $2,074 per square foot, according to Jonathan Miller, chief executive of appraisal firm Miller Samuel Inc. He noted, however, that top-end prices are also 19% below their peaks. Nonetheless, that latest increase is well above the 3% rise to $1,130 per square foot for the Manhattan market as a whole.

More room to rise
SOLD
540 UNITS priced at $4m and up now in contract “We will continue to see upward pressure on prices because of limited choices,” said Kelly Mack, president at Corcoran Sunshine Marketing Group. “High-end buyers are frustrated.”

According to Corcoran Sunshine, a mere 377 newly minted units priced above $1,500 per square foot were put up for sale this year. Over the next three years, that figure is expected to rise to an annual average of 712 units, but that, too, is still far below prerecession levels. Today's buyers, though, have more limited appetites and are pickier than their predecessors.

“Back in the boom days, people would buy anything,” said Kirk Henckels, executive vice president and director of Stribling Private Brokerage. “Today, they are not buying unless it's first-rate.”

That's what happened at Toll Brothers' The Touraine, a 22-unit Upper East Side luxury condo. There, all but four apartments are in contract in the building—not scheduled for completion until the end of 2012—and despite Toll having raised prices every week since launching sales in October.

Similarly, at Rudin Management's new 42-unit prewar-style luxury condo at West 12th Street, more than half of its apartments are in contract after just a month of its sales office opening.

“The demand is unprecedented,” said Steve Rutter, an executive vice president at Stribling Marketing Associates, the exclusive sales and marketing brokerage for the Rudin project.

One of the earlier benefactors of the strong demand for high-end apartments is The Laureate, the 20-story Beaux-Arts condo tower on the Upper West Side, which launched sales in March. It is now 85% sold, with an average price of $6.5 million.

That's good news for Gary Barnett, head of Extell Development Co. He has just launched sales for his $1.4 billion luxury tower One57, now 50 stories tall and rising across the street from Carnegie Hall in midtown.

Last week, its 95 spacious units, which will sit atop a Park Hyatt hotel on the lower floors, went on the market. The penthouse is expected to fetch $100 million. Already, an undisclosed number of contracts are signed, but closings won't begin until mid-2013, according to Mr. Barnett.

“There is tremendous pent-up demand,” said Mr. Barnett. “Everyone is hungry for product.”
A version of this article appeared in the December 12, 2011 print issue of Crain's New York Business.



Read more: http://www.crainsnewyork.com/article/20111211/REAL_ESTATE/312119975#ixzz1gKYcijrq

yankeesfan1000
December 12th, 2011, 03:50 PM
Awesomeee. I remember reading somewhere that within 24 hours of opening sales, One57 had already closed a $30M+ unit. Not too bad.

IF this follows the same time line as One57 we should see construction next year, you think that's fair RW?

RobertWalpole
December 12th, 2011, 04:08 PM
Awesomeee. I remember reading somewhere that within 24 hours of opening sales, One57 had already closed a $30M+ unit. Not too bad.

IF this follows the same time line as One57 we should see construction next year, you think that's fair RW?

Yes.

RobertWalpole
December 29th, 2011, 01:17 PM
It seems that the last tenant in 225 W57th is leaving!

Morton Williams Gourmet Store to open in Manhattan

CHAINSTOREAGE.com
DECEMBER 12, 2011

New York City -- The Feil Organization announced a lease has been signed with Morton Williams for a gourmet specialty food store at 140 West 57th Street in Manhattan.

Morton Williams will occupy three levels totaling 14,984 sq. ft. at the Landmark office building. The New York-based grocer operates 12 stores in New York City, Westchester and New Jersey. The 57th Street location will be the company's thirteenth store.

RobertWalpole
December 30th, 2011, 12:41 PM
Extell has the only new product to offer in the uber-luxury market. Hence, Barnett is eager to proceed with 225 W57th.

http://online.wsj.com/article/SB10001424052970204632204577129012698830968.html?mod=WSJ_NY_MIDDLELEADNewsCollection

NY REAL ESTATE RESIDENTIALDECEMBER 30, 2011.Mere $110 Million
Penthouse Near Carnegie Hall Gets Ever-Higher Asking Price.

By JOSH BARBANEL

http://si.wsj.net/public/resources/images/NY-BJ801_HOME2_G_20111229191359.jpg

It may be the most expensive home listing ever in Manhattan: $110 million for a glass-walled penthouse overlooking Central Park on top of what will soon be the borough's tallest residential building.

The prize for that eye-popping price tag is a six-bedroom apartment covering 10,923 square feet at One57, a tower under construction by Extell Development Co., on West 57th Street opposite Carnegie Hall. The $110 million figure is nearly 12% above an earlier asking price for the unit, according to documents filed with the New York state attorney general.

The richer listing price is one result of a recent deal to sell the 20th-floor penthouse owned by Sanford I. Weill, the former chairman and chief executive and chairman of Citigroup Inc. The Weill apartment—at 15 Central Park West, a few blocks away from One57—went into contract for $88 million, a record.


Extell

One57 tower on West 57th Street
.Now some brokers say the Weill sale may give a jolt to an already strong high-end market. Extell is betting that other buyers are willing to pay many millions more than previously thought for a chance to live in the clouds above Central Park.

The One57 tower eventually will rise to more than 1,004 feet, including a curved, glass top covering a cooling tower, when the building opens in 2013. It would be the tallest residential development in New York, though even taller residential buildings have been proposed, but not yet begun.

Sales at the building are off to a fast start, according to brokers. While many buyers expect to negotiate discounts before they sign on the dotted line, One57 so far has held the line on asking prices, brokers said.

Elizabeth Sample, a broker at Sotheby's International Realty, said the showroom for the building had been flooded with multimillionaire and billionaire buyers. "It is insane in the showroom," she said. "We are doing two deals there," she said.

The highest known home sale in the U.S. was the $100 million paid by a Russian billionaire investor in social-media companies, Yuri Milner, earlier this year. He bought a 25,500-square-foot chateau-style mansion in Silicon Valley.

Though there have been higher listing prices for mansions, estates and ranches across the country, Zillow.com said that the highest current single family home listing in its national database is $90 million for a 35-foot-wide mansion at 4 E. 80th St. in Manhattan. A house in Lake Tahoe is now second with a listing price of $75 million, down from $100 million earlier in the year.

The penthouse listed for $110 million at One57 is on the top two floors of what will be a 90-story building. It has a 57-foot-wide, double-height "grand salon" facing Central Park.

The asking price on an even larger condo in the building on the 75th and 76th floors also has been raised, to $105 million. The duplex apartment has an additional two-story-high, 51-foot-wide glass-enclosed "winter garden" with a curved glass roof and optional pool. The unit is listed at 13,554 square feet.

Mr. Weill is in contract to sell his penthouse, plus wrap-around terrace, to the 22-year-old daughter of Dmitry Rybolovlev, a Russian billionaire, for the full $88 million asking price, according to a person familiar with the sale. The previous record sale was for a $53 million Upper East Side townhouse.

A few weeks ago, at about the time that word of a deal on the Weill apartment began circulating among brokers, Extell submitted a plan amendment raising prices across the board on its apartments in One57.

According to the documents, prices are now up a total of $77 million, or an average of 3.9%, since the One57 condo development plan was first submitted, with the largest increases on the most expensive condos. There are now four full-floor apartments priced at more than $50 million. Seven other lower full-floor units are listed for between $42.5 million and $48.5 million.

These apartments are about the same size as Mr. Weill's apartment, but are listed for a third to almost half as much. The penthouse at the top of the building is priced at $10,070 a square foot, compared with more than $13,000 a square foot for the Weill apartment.

The Fine Print
Details on One57 penthouse

New price: $110 million
Old price: $98.5 million
Square footage: 10,923
Floor location: 89th-90th
Price per square foot: $10,070
Number of bedrooms: 6
Number of bathrooms: 7 plus two powder rooms.
Length of central gallery: (for art collection) 60 feet
Size of grand salon: 1,500 square feet
Source: Extell
.Extell President Gary Barnett declined to discuss sales at the building, except to say that there was interest "across the board" in the building "from all over the world," including the U.S. He said that the Weill sale would bring world-wide attention to Manhattan real estate.

"I don't think one building makes the market, but it is a very good headline number. It has a good psychological effect on the market," he said. "I like it."

Wendy Maitland, a managing director at Town Residential, said the building "was an opportunity" for buyers, including investors, despite the hefty price tags, because there was nothing like it on the market at the moment. "It is a property that hasn't been seen on the gold coast of Central Park since 15 Central Park West sold out," she said.

Edward Mermelstein, a lawyer who works with wealthy clients from Russia and the former Soviet Union, said that many buyers were from Russia and China, and the idea of living atop the tallest Manhattan building had great appeal to them.

"They have deals from $6 million to more than $40 million," he said.

Kanto
December 30th, 2011, 02:28 PM
^^ For that money I would build my own skyscraper and not buy a small penthouse :ohno:

Hendycfc
December 30th, 2011, 04:57 PM
^^ For that money I would build my own skyscraper and not buy a small penthouse :ohno:
it certainly isn't small. my dream in life is too own a penthouse looking over central park. i aim to have it by the time i am 27 ;)

Kanto
December 30th, 2011, 05:19 PM
^^ Well, it isn't small when compared to flats or other penthouses but it's still far smaller than an entire 120 meter highrise building which could be built for such money :dunno:

Hendycfc
December 31st, 2011, 06:56 PM
^^ Well, it isn't small when compared to flats or other penthouses but it's still far smaller than an entire 120 meter highrise building which could be built for such money :dunno:

ahh but you don't get a view like that from a 120m tower. penthouses like this are all about the view.

Kanto
December 31st, 2011, 07:16 PM
^^ That's true, though I personaly wouldn't be willing to pay such tremendous money just for a view :dunno:

Hendycfc
December 31st, 2011, 07:40 PM
^^ That's true, though I personaly wouldn't be willing to pay such tremendous money just for a view :dunno:

a view of central park higher than most of the surrounding buildings. it would amazing! a dream! in a few years the $110 million penthouse on top of one57 will be mine ;)

kingsc
December 31st, 2011, 08:35 PM
^^ just hope the russian billionaire, who already owns it, will sale it to you.

600West218
December 31st, 2011, 10:53 PM
That article wouldn't seem to indicate a closure, unless they simply counted wrong. They said they have 12 stores and the new one will be the 13th store. If they closed the existing one simply to move it to the new location then they will still only have 12 stores, not 13.

I am thinking the article messed up and they are closing the old site, but it is 100% certain based on this.

EDIT:

WTF, where did the post I was responding to go?!?!?!

DinoVabec
January 1st, 2012, 01:45 PM
:lol: You had a very happy New Year, didn't you Dan? :D

JohnFlint1985
January 1st, 2012, 11:36 PM
Location is certainly the best this city has to offer so I think it has potential. The question is when?

600West218
January 1st, 2012, 11:55 PM
:lol: You had a very happy New Year, didn't you Dan? :D

Actually I didn't. I swear not one drink :ohno:

But Robert Walpole had a quote from an article about the supermarket moving...

Oh well, maybe next year I actually should drink :cheers:

JohnFlint1985
January 3rd, 2012, 03:35 AM
Actually I didn't. I swear not one drink :ohno:

But Robert Walpole had a quote from an article about the supermarket moving...

Oh well, maybe next year I actually should drink :cheers:

:lol:

DinoVabec
January 3rd, 2012, 04:50 PM
Meh, don't worry, I've seen posts magically disappearing before..Nothing new..;)

Otie
January 3rd, 2012, 06:12 PM
Oh well, maybe next year I actually should drink :cheers:

May I recomend you a Bollinger Special Cuve? http://www.livilions.co.uk/forums/images/smilies/champagne.gif

JohnFlint1985
January 3rd, 2012, 08:22 PM
May I recomend you a Bollinger Special Cuve? http://www.livilions.co.uk/forums/images/smilies/champagne.gif

Bolinger? Hm... living large is seems :okay:

k25150
March 15th, 2012, 02:27 AM
The Eurozone already is in recession. The US took a Keynsian approach to the 2008 downturn, and Europe took the opposite approach. The US fared much better, and this demonstrated the validity of Keyne's theories.

Nonetheless, if the Euro goes bust, the entire world will suffer a very serious recession. US Banks probably hold a lot of collateral default swaps and other financial instruments that will sustain huge losses if European countries default and European banks fail. Since the US and Europe are the developing world's primary markets, those countries (i.e., China, Brazil, etc.) will suffer too. No one is safe. The Euro was a very bad idea from the start.

The US fared better because of our (once) more free capitalistic economic system as compared to Europe. The machine was producing. The government played the biggest role in the downturn. How can you say the Keynsian approach benefited the US? Where is the proof that stimulus and QE 1 and 2, etc and govt bailouts did a damn thing but make a few connected people wealthy. Europe is worse off because the socialists ran out of other people's money to spend. It would be much, much worse over there if we didn't defend them. Their lack of defense budgets gave them extra cash to blow on bullshit social programs that kept the masses happy, calm and equal and allowed the powers to live like American capitalists.

All of the developing nations are following the American model and they are finding success. They certainly aren't modeling their system after Spain or Greece, you know the Keynsian method.

There is greed and corruption in both the free market and government. But it was government policies, namely the ridiculous housing act that government literally forced upon the banks to make loans to people with no job or no income verification, etc. All to make it "fair" and to buy those bastards votes. Not to mention the monkey business at the SEC. It's all about power and nothing about principle or the health of the nation. As long as Ivy League professors think you're cool and the leftist crooks in government and the liars in media invite you to their cocktail parties then that's all that matters. Go along to get along right? Go along to get you pockets stuffed while your nation that gives you so many benefits is tanking!

Government became and industry. It became a place to get wealthy. A free ride. That is not what government is supposed to be. It's over-regulating, over-stepping and inefficiencies only benefit the thugs in power and the public unions while everyone else loses more and more liberty everyday and sees the county fall deeper and deeper in decline. Allow the free market to actually be free with minimal and common sensical regulations, lower the corp tax rate be or get rid of it altogether, eliminate corporations' oversees earnings from being taxed when it comes back to the US, add tariffs to imports especially from China, expand our natural resource drilling operations (we have more than anyone and the whole Green lie is a power and money grab and nothing else at this point. Green energy is not feasible now and won't be for another 20 years) and watch the economy grow at 10%. Give me a break with the Keynsian crap.

yankeesfan1000
March 15th, 2012, 02:54 PM
Damn, I came into this thread hoping for some news on 225 W 57th, and instead I got that.

600West218
March 15th, 2012, 03:20 PM
That discussion should be in the sky bar.

Went by the site yesterday. The grocery store is open as usual and that building is not demolished. But on the rest of the site the demolition looks complete.

How much bigger is this lot than the one for tower going up oppososite Carnegie Hall

Uaarkson
March 15th, 2012, 06:12 PM
The US fared better because of our (once) more free capitalistic economic system as compared to Europe. The machine was producing. The government played the biggest role in the downturn. How can you say the Keynsian approach benefited the US? Where is the proof that stimulus and QE 1 and 2, etc and govt bailouts did a damn thing but make a few connected people wealthy. Europe is worse off because the socialists ran out of other people's money to spend. It would be much, much worse over there if we didn't defend them. Their lack of defense budgets gave them extra cash to blow on bullshit social programs that kept the masses happy, calm and equal and allowed the powers to live like American capitalists.

All of the developing nations are following the American model and they are finding success. They certainly aren't modeling their system after Spain or Greece, you know the Keynsian method.

There is greed and corruption in both the free market and government. But it was government policies, namely the ridiculous housing act that government literally forced upon the banks to make loans to people with no job or no income verification, etc. All to make it "fair" and to buy those bastards votes. Not to mention the monkey business at the SEC. It's all about power and nothing about principle or the health of the nation. As long as Ivy League professors think you're cool and the leftist crooks in government and the liars in media invite you to their cocktail parties then that's all that matters. Go along to get along right? Go along to get you pockets stuffed while your nation that gives you so many benefits is tanking!

Government became and industry. It became a place to get wealthy. A free ride. That is not what government is supposed to be. It's over-regulating, over-stepping and inefficiencies only benefit the thugs in power and the public unions while everyone else loses more and more liberty everyday and sees the county fall deeper and deeper in decline. Allow the free market to actually be free with minimal and common sensical regulations, lower the corp tax rate be or get rid of it altogether, eliminate corporations' oversees earnings from being taxed when it comes back to the US, add tariffs to imports especially from China, expand our natural resource drilling operations (we have more than anyone and the whole Green lie is a power and money grab and nothing else at this point. Green energy is not feasible now and won't be for another 20 years) and watch the economy grow at 10%. Give me a break with the Keynsian crap.

This post has the highest density of fallacies I've ever seen on this website. Talk about brainwashed.

Oh well, my jimmies remain unrustled.

RobertWalpole
March 15th, 2012, 07:12 PM
That discussion should be in the sky bar.

Went by the site yesterday. The grocery store is open as usual and that building is not demolished. But on the rest of the site the demolition looks complete.

How much bigger is this lot than the one for tower going up oppososite Carnegie Hall

MW is moving in late spring or early summer.

600West218
March 15th, 2012, 07:16 PM
ok. Do you know the difference in lot size between this site and One57?

Jay
March 17th, 2012, 01:51 AM
This building has air rights to about 400 meters, this should be in the supertall section.

Arawooho
March 17th, 2012, 02:09 AM
This building has air rights to about 400 meters, this should be in the supertall section.

I agree. The title should also read 300m+ at least

aquablue
March 17th, 2012, 04:39 AM
I agree. The title should also read 300m+ at least

There is no such thing as 'air rights' to 400m. It all depends on floor-to-area ratio in NYC. I.e, it could be shorter and bulkier, or thinner and taller.

Eastern37
March 17th, 2012, 04:47 AM
^^ I'm pretty sure that "air-rights" do exist in NYC!

Eric Offereins
March 17th, 2012, 12:03 PM
This building has air rights to about 400 meters, this should be in the supertall section.

I am sure it will be moved as soon as there is official information confirming the height. :)

scalziand
March 17th, 2012, 05:19 PM
Here's 225w57's lot:
http://img31.imageshack.us/img31/5746/225w57thnygooglemaps201.png

Here's One57's lot:
http://img808.imageshack.us/img808/8600/carnegiesetbacks.png

aquablue
March 17th, 2012, 07:23 PM
^^ I'm pretty sure that "air-rights" do exist in NYC!

Air rights, but they are in FAR not in height.

erbse
March 19th, 2012, 08:30 PM
Do we have any current renderings for this project? Thanks. :)

sbarn
March 20th, 2012, 02:08 AM
Air rights, but they are in FAR not in height.

Air Rights and FAR (Floor Area Ratio) are the same thing. You can build as tall as you like as long as it conforms with available FAR and the zoning code (sky plane, etc).

desertpunk
March 20th, 2012, 02:25 AM
Do we have any current renderings for this project? Thanks. :)

Not as of yet. This will probably be as frustrating as One57 since there's no approval process to force the developers to reveal details early. But the demolition work is complete and the site is ready for action whenever Extell is ready to build.



From Denkmanttlb (http://www.flickr.com/photos/7799907@N05/) at Flickr in January:

http://farm8.staticflickr.com/7010/6616394947_f281d48b0b_b.jpg http://www.flickr.com/photos/7799907@N05/6616394947/

http://farm8.staticflickr.com/7004/6616400653_7b2bf943de_b.jpg http://www.flickr.com/photos/7799907@N05/6616400653/

http://farm8.staticflickr.com/7018/6616406913_dc2829e402_b.jpg http://www.flickr.com/photos/7799907@N05/6616406913/

http://farm8.staticflickr.com/7033/6616413041_5a67f244f5_b.jpg http://www.flickr.com/photos/7799907@N05/6616413041/

http://farm8.staticflickr.com/7003/6616417107_c61f29d4d3_b.jpg http://www.flickr.com/photos/7799907@N05/6616417107/

RobertWalpole
March 20th, 2012, 04:41 AM
Not as of yet. This will probably be as frustrating as One57 since there's no approval process to force the developers to reveal details early. But the demolition work is complete and the site is ready for action whenever Extell is ready to build.



It's not quite ready. They need to raze 225, which is covered in netting, and will do so once Morton Williams vacates the ground floor.

desertpunk
March 20th, 2012, 05:14 AM
It's not quite ready. They need to raze 225, which is covered in netting, and will do so once Morton Williams vacates the ground floor.

Do you have any idea who the architect will be? Is it still Costas Kondylis?

RobertWalpole
March 20th, 2012, 05:23 AM
Kondylis is basically retired. I would not be surprised to see another de Portzamparc design here. He seems to be Extell's preferred architect for high-end projects at the moment. One thing that's for sure, however, is that Extell likely will take the design up a few notches from One57 since that was built knowing that there would be no competition. 217-225 W57th, by contrast, likely will be competing with 432 Park and Torre Verre for the $5k-$10k/sf sales market.

giorgio righi riva
March 21st, 2012, 12:51 PM
Ok, we know that Gary love the great Christian de portzamparc, but he have another architect also that is Steven Holl....do you remeber the unbuilded project for Extell? i hope for steve Holl first skycraper in ny!!!

RobertWalpole
May 9th, 2012, 05:30 AM
Work is progressing at the new Morton Williams site at 140 W 57th. Therefore, once they're out, the last tower on this site should come down quickly.

HK999
May 9th, 2012, 05:11 PM
Move to proposed supertall section please.

http://www.commercialobserver.com/2012/05/were-like-the-avis-guys-an-afternoon-with-gary-barnett/

“We’re Like The Avis Guys:” An Afternoon With Gary Barnett


By Matt Chaban 5/08/12



According to sources outside the developer, Mr. Barnett has tapped another Pritzker firm, Herzog & de Meuron, of 40 Bond fame, to build a 1,250-foot residential tower at Broadway and 57th Street.

Yes, One57 was not enough. When it stops being the best, this project, and so many others, will be ready to carry on the legacy. When asked about the project, Mr. Barnett did not deny it, though he noted that, “Nothing had been settled, not the height, not the architect.” So be it. Perhaps now that Harry Macklowe’s 432 Park is climbing toward 1,395 feet, maybe Mr. Barnett wants to build a 1,400-foot tower.

:cheers2:

RobertWalpole
May 9th, 2012, 06:01 PM
I was just about to post this AWESOME NEWS!

HK999
May 9th, 2012, 06:37 PM
^^ It is! Yet another tower which will be taller than the ESB. :nuts:

erbse
May 9th, 2012, 06:59 PM
Geil news indeed! :okay:

Let's just hope Herzog & De Meuron go for something tasteful. They created some beautiful designs already, but some of their concepts pretty much disrespect all their surroundings.

Hendycfc
May 9th, 2012, 07:05 PM
Could anyone please provide the most recent renderings of this project for post 1? Thanks. :okay:

No renders for this i believe


WOW 200 foot taller than One57.

One word for this- EPIC.

earthbuilder
May 9th, 2012, 07:27 PM
Might have missed it. But are there any official renders of this building?

Kanto
May 9th, 2012, 07:28 PM
^^ Nope.

HK999
May 9th, 2012, 07:33 PM
The fact that there aren't any renders doesn't mean anything. It's the same with One57, 432 PA (still no official render!) etc...

iamtheSTIG
May 9th, 2012, 07:58 PM
wooooooooooooow, great news! :)

find it amazing that not so long ago (just over 10years ago?) the tallest buildings in the world were fighting by a few meters at a time, now those heights of buildings seem to be popping out the ground with such great designs and architecture these day :)

can't wait for renders

It's also nice to see buildings are going to be taller than the ESB, you don't see that many complaining when buildings are taller than the Chrysler building, these old fancy hotels and the like, it's what happens, things change, but shouldn't be forgotten, aslong as the change (by the looks of it, it is very good) is good, then there shouldn't be a problem

Hudson11
May 9th, 2012, 08:44 PM
This tower will definitely be as tall, probably taller than the ESB, it's amazing how much the midtown skyline is going to change in the next decade.

fooddude
May 9th, 2012, 09:08 PM
Do I smell MEGA tall???? XD

kingsc
May 9th, 2012, 09:16 PM
^^ No. what you smell is bullshit Lol. I can't wait for renderings.

iloveclassicrock7
May 9th, 2012, 09:31 PM
Do I smell MEGA tall???? XD

How about you have a respect for history and great architecture, and stop your height obsession ?

Kanto
May 9th, 2012, 09:37 PM
^^ C'mon, he's just very enthusiastic. Enthusiasm is not necessarily a bad thing :cheers:

iloveclassicrock7
May 9th, 2012, 11:23 PM
^^ C'mon, he's just very enthusiastic. Enthusiasm is not necessarily a bad thing :cheers:

I guess:cheers:

Eric Offereins
May 9th, 2012, 11:27 PM
wow, another 1200 footer. Can hardly wait to see the design. :cool:

Hudson11
May 9th, 2012, 11:34 PM
Let's just hope Herzog & De Meuron go for something tasteful. They created some beautiful designs already, but some of their concepts pretty much disrespect all their surroundings.


herzog de meuron designed 56 Leonard St.

http://nyc-architecture.com/wp-content/uploads/2010/07/AAGAAR41-08.jpg
http://static.dezeen.com/uploads/2008/09/56-leonard-street-by-herzog-de-meuron-03-woolworth-view-00_29937d.jpg

Tommy Boy
May 10th, 2012, 01:29 AM
Build it

RobertWalpole
May 10th, 2012, 01:36 AM
Thanks, HK.

This tower should well exceed 300m!:cheers:

As predicted!!! :cheers::cheers::cheers:

RobertWalpole
May 10th, 2012, 01:37 AM
Thanks, HK.

This tower should well exceed 300m!:cheers:

As predicted on 18 May 2011!! :cheers::cheers::cheers:

kingsc
May 10th, 2012, 01:39 AM
^^ build what? We don't know what it looks like yet.

desertpunk
May 10th, 2012, 01:41 AM
I think Barnett should add a 'spire' and at least push this sucker past the now-deflated 1WTC! :D




.

ThatOneGuy
May 10th, 2012, 02:16 AM
I hope it'll deviate from the all glass trend a little bit

fooddude
May 10th, 2012, 09:58 AM
F it man! Make it 2000+ feet!

giorgio righi riva
May 10th, 2012, 11:20 AM
Here my mail letter to Gary barnett the boss of Extell one year ago :
225. 57th
DA:giorgio righi riva A:info@extelldev.com Sunday june 5 2011 20:29

i would advice gary barnett to choice a great architect for the new project in 225 57th. Steven Holl? Herzog meuron? or Zaha Hadid?
REgards.
Giorgio Righi Riva

dexter2
May 10th, 2012, 11:59 AM
PLEASE do not ruin NYC's skyline by Hadid's projects!

ZZ-II
May 10th, 2012, 12:40 PM
PLEASE do not ruin NYC's skyline by Hadid's projects!

Zaha hadid is great imo :)

Eric Offereins
May 10th, 2012, 12:46 PM
Irrelevant for this project as it will be Herzog de Meuron. :)

germantower
May 10th, 2012, 01:01 PM
PLEASE do not ruin NYC's skyline by Hadid's projects!

I fully agree, Hadid would make a dominating tower with no respect to the areas beautiful old vibe. I kinda wish this one could be an art deco tower, but itll never happen. :( It would fit so much to the next door B'way bldg's and the row of building from 55th - 59th street on 7th avenue like the park central Hotel.

RobertWalpole
May 10th, 2012, 01:14 PM
Zaha hadid is great imo :)

Hadid is one of the candidates in the design competition for the new Park Avenue tower.

-Corey-
May 10th, 2012, 02:22 PM
Wow i didnt know about this tower!! Too bad there's no render :ohno:

iloveclassicrock7
May 11th, 2012, 04:13 AM
Why are there no renders ?

yankeesfan1000
May 11th, 2012, 04:46 AM
Why are there no renders ?

Extell did the same thing with One57, where they didn't release renders until it was in early stages of construction with foundation work or maybe still site prep, at any rate they weren't released until well into the project, and even then they were only fuzzy renders. From the sound of it, Extell could still be finalizing the design with Herzog & Meuron. But again, I wouldn't put too much into there not being a render, Extell played their cards pretty close to the chest with One57, and I expect the same here.

kingsc
May 11th, 2012, 05:14 AM
Why are there no renders ?

Because Nimby would kill it, if they see it.

ZZ-II
May 11th, 2012, 09:13 AM
Hadid is one of the candidates in the design competition for the new Park Avenue tower.

Great :)

sbarn
May 11th, 2012, 09:26 AM
Seems like a good place to share another photo montage. :cheers:

Original Image Credit: Mattron (http://www.flickr.com/photos/mattron/3536860612/sizes/l/in/photostream/) @ flickr
http://farm8.staticflickr.com/7095/7175176298_e32d6d4f56_b.jpg

http://farm8.staticflickr.com/7240/7175175352_3c24b24f64_b.jpg

http://farm6.staticflickr.com/5232/7175175940_f6e5179553_b.jpg

Eric Offereins
May 11th, 2012, 12:44 PM
Thanks. A whole line of super slender supertalls. :)

desertpunk
May 11th, 2012, 12:51 PM
Thanks. A whole line of super slender supertalls. :)

The fat supertalls will be south of W.40th St. ;)

Kanto
May 11th, 2012, 01:15 PM
432 Park looks so good in that render :drool:

Funkyskunk2
May 11th, 2012, 02:12 PM
432 Park looks so good in that render :drool:

Yes it does, the taller and thinner 225 is the better 432 and midtown in general looks. Go high 225!

yankeesfan1000
May 11th, 2012, 03:13 PM
Because Nimby would kill it, if they see it.

No, NIMBYs won't be able to kill this. Extell has acquired all the necessary air rights to build this tower. Zero truth behind that.

Hendycfc
May 11th, 2012, 03:23 PM
OMG! That is beautiful. 432 Park actually looks amazing! Along with Tower Verre and One57. i kind of hope 225 West is similar to that ;) but thats only a massing model...

Kanto
May 11th, 2012, 05:17 PM
^^ The park will get a very interesting new skyline. It's even more interesting considering that it is in fact composed only of residentials (Hudson Yards isn't very visible) :cheers:

DinoVabec
May 11th, 2012, 05:21 PM
sbarn, you are the master! (http://worldofarchitecture.weebly.com/)

rencharles
May 12th, 2012, 02:52 AM
Seems like a good place to share another photo montage. :cheers:

Original Image Credit: Mattron (http://www.flickr.com/photos/mattron/3536860612/sizes/l/in/photostream/) @ flickr
http://farm8.staticflickr.com/7095/7175176298_e32d6d4f56_b.jpg

http://farm8.staticflickr.com/7240/7175175352_3c24b24f64_b.jpg

http://farm6.staticflickr.com/5232/7175175940_f6e5179553_b.jpg

It deserves to be shown at the top of this page...

This is amazing. It would be great if all these projects are built. And if 225 is as high as shown in the image... Congratulations for the work!

tim1807
May 12th, 2012, 12:05 PM
In that render it looks exactly like Kingkey 100, it's 442m.

Kanto
May 12th, 2012, 01:53 PM
^^ I have thought more about 2IFC but yeah, King Kong 100 is an even better match :cheers:

ZZ-II
May 12th, 2012, 10:36 PM
^^ I have thought more about 2IFC but yeah, King Kong 100 is an even better match :cheers:

KingKey, not King Kong :lol:

NewYorkSkyline117
May 13th, 2012, 01:26 AM
wheres the ESB in that render?

ThatOneGuy
May 13th, 2012, 02:29 AM
wheres the ESB in that render?

It's the little tiny spire poking out from behind that building to the left of the Verre.

Eric Offereins
May 13th, 2012, 09:35 PM
^^ I have thought more about 2IFC but yeah, King Kong 100 is an even better match :cheers:

Probably one of these 2 was copied in. Regardless, it will be another great supertall with an amazing view over Central Park.

sweet-d
May 13th, 2012, 10:29 PM
yeah that view will look really badass.

-Corey-
May 14th, 2012, 09:55 PM
2 more meters and this tower would have been taller than the Empire States Building.. Oh well.. I guess they weren't interested in height..

Kanto
May 14th, 2012, 09:56 PM
^^ There is so far no render so the height will most probably be different :cheers:

Jay
May 14th, 2012, 11:16 PM
2 more meters and this tower would have been taller than the Empire States Building.. Oh well.. I guess they weren't interested in height..

There is no final height, it is only said it will be "more than 1250 feet"

It has air rights up into the 1400 range, so it could be NYC's highest roof.

EDIT: There are no air rights, the building can be as tall as the developer wants, it's possible it could go over 1400 one article stated because this building may compete in height with 420 park ave.

yankee fan for life
May 14th, 2012, 11:59 PM
Great keep these super talls coming . :lol:

fooddude
May 15th, 2012, 05:17 AM
So...is this past "app" and already into "prep"?? Even without renders? Anyone know how much longer until renders, info or meetings?

-Corey-
May 15th, 2012, 08:19 AM
Oh wow, i didn't know that!! So I'm guessing they will try to compete in "height" with 432 Park Avenue, and thus becoming the Tallest building in NYC or perhaps the country, since 1WTC would no longer be the tallest in the nation..

econ_tim
May 15th, 2012, 03:55 PM
So...is this past "app" and already into "prep"?? Even without renders? Anyone know how much longer until renders, info or meetings?

Not yet. They still need to relocate a retail tenant and demolish one of the existing buildings on this project's lot.

Kanto
May 15th, 2012, 03:58 PM
^^ Then the title should be changed to demo :cheers:

Tommy Boy
May 15th, 2012, 05:57 PM
Only three words pop up in my mind.

BUILD IT NOW

Kanto
May 15th, 2012, 08:41 PM
^^ And build it at least 1400 feet :banana2:

ThatOneGuy
May 15th, 2012, 08:43 PM
They should make it taller than 432 park to show them what it's like to be stripped so quickly of the 'New York's tallest." title.

erbse
May 15th, 2012, 09:35 PM
They should make it taller than 432 park to show them what it's like to be stripped so quickly of the 'New York's tallest." title.
A new skyscraper race (ESB vs. Chrysler) coming up? Exciting thought. ;)


(though I still don't like ESB being hidden... It's a desaster, really.)

tim1807
May 15th, 2012, 10:11 PM
^^ Because it stands on the south end of midtowns skyline, and that pic is from a low point.

( Indeed it's great to see a new skyscraper race, only then it were three world's tallest title holders in two years and now it's for NYC's tallest.:) )

fooddude
May 16th, 2012, 02:39 AM
If this, the Verre or the Penn Plaza are completed before the 2WTC, that would be pathetically funny, haha..

..seeing as these 3 aren't haven't even begun cons. yet (not to mention this one doesn't even have renders yet)..but I honestly really wouldn't doubt it, and it is possible that any of these 3 can be complete beofre the 2WTC or even 3WTC.. as 2WTC and 3WTC are growing like snails...hhahaha

PDC1987
May 16th, 2012, 06:22 AM
A new skyscraper race (ESB vs. Chrysler) coming up? Exciting thought. ;)


(though I still don't like ESB being hidden... It's a desaster, really.)

Is someone installing a 1250 ft. tall blanket over the ESB?

Jay
May 16th, 2012, 06:47 AM
A new skyscraper race (ESB vs. Chrysler) coming up? Exciting thought. ;)


(though I still don't like ESB being hidden... It's a desaster, really.)

The ESB has had its' run, I for one am stoked for new massive towers in NYC.

I love ESB by the way, but it's 81 years old, it's time to move on.

iloveclassicrock7
May 16th, 2012, 06:59 AM
The ESB has had its' run, I for one am stoked for new massive towers in NYC.

I love ESB by the way, but it's 81 years old, it's time to move on.

Wait, who said this would be more then 381 meters ?

fooddude
May 16th, 2012, 07:02 AM
but it's 81 years old, it's time to move on.

I know exactly whatcha mean.... Sears/Willis has been USA's and N-America's tallest for 40 years... it's about time we get a new tallest building.

Jay
May 16th, 2012, 08:09 AM
Wait, who said this would be more then 381 meters ?

http://www.commercialobserver.com/20...-gary-barnett/


According to sources outside the developer, Mr. Barnett has tapped another Pritzker firm, Herzog & de Meuron, of 40 Bond fame, to build a 1,250-foot residential tower at Broadway and 57th Street.

Yes, One57 was not enough. When it stops being the best, this project, and so many others, will be ready to carry on the legacy. When asked about the project, Mr. Barnett did not deny it, though he noted that, “Nothing had been settled, not the height, not the architect.” So be it. Perhaps now that Harry Macklowe’s 432 Park is climbing toward 1,395 feet, maybe Mr. Barnett wants to build a 1,400-foot tower.

philipx
May 16th, 2012, 11:21 AM
ESB needn't to be the tallest,it's same as space needle in seattle,though space needle is much shorter than the buildings around columbia center,it's still looks very attractive.
Now even Shanghai this kind of city has Megatall,and a lot of cities has the buildings taller than ESB,it's time to build the taller towers.
But do better not to build taller towers too close to ESB.

erbse
May 16th, 2012, 09:14 PM
No one was talking about limiting skyscraper height in general. I said I don't want ESB to be hidden all around by taller towers. It's Manhattan's main landmark and always will be (just as Eiffel Tower for Paris, for instance).

Simple as that.

Thanial
May 16th, 2012, 10:21 PM
No one was talking about limiting skyscraper height in general. I said I don't want ESB to be hidden all around by taller towers. It's Manhattan's main landmark and always will be (just as Eiffel Tower for Paris, for instance).

Simple as that.

I completely agree with you. Empire State is a fantastic icon, and like you said, just like the Eiffel Tower. I'd love for new supertalls and perhaps megatalls to be built in NYC, but they should focus on areas away from the ESB when it comes to buildings of the same or greater height. It's exactly why I'm against the Penn Plaza building, a fantastic design for the city, but I personally don't agree with the location.

Uaarkson
May 16th, 2012, 11:37 PM
The physical makeup of Manhattan's skyline has always and will continue to be a reflection of raw, unfettered capitalism. There is no governing body with any form of real control over the skyline, nor should there be. This tower or something similar to it will rise on this site no matter what, so it's time to stop bumping this thread with complaints about it.

ThatOneGuy
May 17th, 2012, 12:57 AM
The Empire State building is like the Eiffel Tower. Empire will still remain the historic landmark, even with tall buildings rising near it. The Tour Montparnasse in Paris is built close to the Eiffel Tower, and is nearly as tall, yet the Eiffel Tower is still better known.

TL;DR: The Empire State Building will still be the most famous landmark in NYC.

erbse
May 17th, 2012, 02:46 AM
The Tour Montparnasse in Paris is built close to the Eiffel Tower, and is nearly as tall, yet the Eiffel Tower is still better known.
It's not that close. And esp. Montparnasse is the perfect example of what shouldn't be done: Trying to endanger a city's main built landmark with futile phallus erection.

Montparnasse is considered as the major failure of Paris post-war urban planning. Same could be said for Manhattan's greedy replacement culture (sacrificing even major landmarks such as the Singer Building and Penn Station) and the fact it's continuesly neglecting its greatest landmarks by disrespecting their surrounding aura.

iloveclassicrock7
May 17th, 2012, 06:54 AM
http://www.commercialobserver.com/20...-gary-barnett/


According to sources outside the developer, Mr. Barnett has tapped another Pritzker firm, Herzog & de Meuron, of 40 Bond fame, to build a 1,250-foot residential tower at Broadway and 57th Street.

Yes, One57 was not enough. When it stops being the best, this project, and so many others, will be ready to carry on the legacy. When asked about the project, Mr. Barnett did not deny it, though he noted that, “Nothing had been settled, not the height, not the architect.” So be it. Perhaps now that Harry Macklowe’s 432 Park is climbing toward 1,395 feet, maybe Mr. Barnett wants to build a 1,400-foot tower.

That sounds like the editor said that, not Mr Barnett

Jay
May 17th, 2012, 07:50 AM
^Yea but I was just saying the height isn't decided yet.

dfiler
May 17th, 2012, 12:23 PM
The physical makeup of Manhattan's skyline has always and will continue to be a reflection of raw, unfettered capitalism. There is no governing body with any form of real control over the skyline, nor should there be. This tower or something similar to it will rise on this site no matter what, so it's time to stop bumping this thread with complaints about it.
Capitalism has played a roll in the skyline but so has the government. After the initial spree of skyscraper construction, all kinds of ordinances were enacted, covering everything from modes of egress, to street facade and setback requirements etc. For better or worse, government greatly influences the Manhattan sky line. The story of this tower illustrates that phenomenon nicely.

yankeesfan1000
May 17th, 2012, 04:23 PM
The physical makeup of Manhattan's skyline has always and will continue to be a reflection of raw, unfettered capitalism. There is no governing body with any form of real control over the skyline, nor should there be. This tower or something similar to it will rise on this site no matter what, so it's time to stop bumping this thread with complaints about it.

Well said.

The discussion about NY potentially protecting sight lines does not belong in this thread. This is about the development of 225 W 57th St. If people want to discuss the possibility of the city protecting sight lines or whatever, make a different thread.

Simfan34
May 17th, 2012, 08:19 PM
I'd put my money on another 432 Park. :(

Kanto
May 17th, 2012, 09:25 PM
^^ I hope, you're right :banana2:

Jay
May 18th, 2012, 02:36 AM
The Empire State building is like the Eiffel Tower. Empire will still remain the historic landmark, even with tall buildings rising near it. The Tour Montparnasse in Paris is built close to the Eiffel Tower, and is nearly as tall, yet the Eiffel Tower is still better known.

TL;DR: The Empire State Building will still be the most famous landmark in NYC.


Yea, I like to think of the ESB as a much taller version of Philadelphia's city hall, imagine if City hall was still the tallest in Philly, the skyline would be on par with Phoenix or San Diego, so it's a good thing it got much taller fast, and now the same is happening in NYC. It's a wonderful thing.

Hudson11
May 18th, 2012, 02:39 AM
that's a good analogy actually

Simfan34
May 18th, 2012, 05:17 AM
^^ I hope, you're right :banana2:

I meant that in a bad way, dull, bland as-of-right design.

Hudson11
May 18th, 2012, 10:50 PM
I meant that in a bad way, dull, bland as-of-right design.
Kanto loves that kind of a design. ^^

ThatOneGuy
May 18th, 2012, 10:59 PM
New York needs more minimalist designs like this one.

kingsc
May 18th, 2012, 11:27 PM
^^No we don't. We need more eye popping, beautiful designs. Something that's going to take everyones breath away.

RobertWalpole
May 18th, 2012, 11:28 PM
There is massive demand for this tower, Torre Verre, 432 Park, and 225 W57th.

http://www.nytimes.com/2012/05/18/realestate/midtown-penthouse-at-one57-sells-for-new-york-record.html?_r=1&hp

Midtown Penthouse Is Sold for Most Ever in New York

By ALEXEI BARRIONUEVO

Published: May 17, 2012

http://graphics8.nytimes.com/images/2012/05/18/nyregion/yREAL/yREAL-popup.jpg

A mystery buyer has agreed to pay a record price in New York of more than $90 million for the duplex penthouse at a Midtown tower, the building’s developer said Thursday.

Gary Barnett, president of Extell Development Company, said the buyer, who declined to be named or to disclose his country of origin, bought the 10,923-square-foot penthouse on the 89th and 90th floors of One57, the building currently under construction at 157 West 57th Street.

The building, which features a Park Hyatt below the condominium units, will offer striking views of the southern end of Central Park and will be among New York’s tallest residential structures when it is completed next year. Since One57 opened for sales in December, about half of its 92 apartments have been sold, Mr. Barnett said.
While Mr. Barnett would not reveal the exact amount the buyer agreed to pay for the penthouse, citing a confidentiality agreement, he said it was less than $100 million. The price nevertheless tops the $88 million that a trust benefiting the daughter of a Russian billionaire, Dmitry Rybolovlev, paid this year for a penthouse at 15 Central Park West owned by the former Citigroup chairman Sanford I. Weill. Besides being a record sale for an apartment in Manhattan, that purchase also drew gasps for the record price paid per square foot: more than $13,000.

The One57 penthouse, which features 23-foot ceilings in a grand salon, traded for about $8,000 per square foot, Mr. Barnett said. He called the purchase by the Rybolovlevs, agreed to late last year, “not a good deal,” saying the market for superluxury properties in New York should be closer to $10,000 per square foot.

Foreign buyers, including Brazilians, Chinese and Russians, have been on a buying spree in New York and Miami in recent months, developers and brokers say. Russian and Ukrainian buyers have shown a particular willingness to pay top dollar for so-called trophy properties.

Mr. Barnett was quick to dispel any notion that the One57 penthouse was sold to a Russian, saying the buyer was not Russian, Ukrainian or from “any other part of the former Soviet Union.”

He described the buyer as a “very nice family” who plans to use the penthouse as a residence, and as “someone that people would recognize.” The sale had been a well-kept secret; the buyer agreed to buy the penthouse more than three months ago, he said, when the apartment was listed at $98.5 million — before Extell raised the asking price to $115 million to adjust for the market tumult caused by the 15 Central Park West sale.

Despite setting a record, the One57 penthouse did not crack the elusive $100 million barrier for a residence, which has not been broken either in New York or in Los Angeles. Mr. Barnett said he nearly broke it with a different apartment at One57.

Earlier this year, he said, a foreign buyer was “very, very seriously looking” at the “Winter Garden” unit, a duplex with a separate solarium totaling 13,500 square feet. The buyer was negotiating to buy that apartment and another full floor — a combination of floors 75 to 77 that would have been 20,000 square feet. The price would have been between $100 and $150 million, Mr. Barnett said.

He would not say why the deal fell through.

“I am hopeful we will break it one day,” he said of the $100 million barrier, “in this building or another one.”

Jay
May 19th, 2012, 12:13 AM
Stop posting that ^^

yankeesfan1000
May 19th, 2012, 12:48 AM
^

It's relevant, and informative. Which is more than can be said for most of the recent posts in NY threads. Not talking about you by the way.

germantower
May 19th, 2012, 12:53 AM
So Barnett is waiting for Morton Williams to leave in a few months, and then he´ll start the exevation of the site?

Mhhhh, that might end up in a long waiting time to finally see renders of the building. :(