NEW YORK | 3WTC (175 Greenwich Street) | 357m | 1170ft | 80 fl | U/C - Page 111

Uaarkson · December 11th, 2012, 12:49 AM

Quote:

Originally Posted by Kanto

I want to go there because it's hot. I'm freezing over here in Slovakia

Well, there are a bunch of hotter, much nicer places to live in the U.S.

Otie · December 11th, 2012, 01:15 AM

Guys, can we please stay on topic? Every time I see updated this thread makes me believe there's some news about the deal.

chris123678 · December 11th, 2012, 02:16 AM

Besides "Group M" are there any other potential tenants?

RobertWalpole · December 11th, 2012, 02:26 AM

Quote:

Originally Posted by chris123678

Besides "Group M" are there any other potential tenants?

White & Case, a top NY lawfirm, is negotiating for 500k sq.f.

comet the cat · December 11th, 2012, 09:46 AM

It's good to know that there are several companies interested in this site, better chance of work resuming next year!

aquablue · December 11th, 2012, 02:25 PM

Quote:

Originally Posted by Uaarkson

Well, there are a bunch of hotter, much nicer places to live in the U.S.

Not many places that are hotter than the desert southwest in the US.

Uaarkson · December 11th, 2012, 03:05 PM

Quote:

Originally Posted by aquablue

Not many places that are hotter than the desert southwest in the US.

Walking around Atlanta in June is worse than in Phoenix. The deep south is incredibly humid.

Coddington · December 11th, 2012, 10:15 PM

Quote:

Originally Posted by RobertWalpole

White & Case, a top NY lawfirm, is negotiating for 500k sq.f.

Nice! Thanks for sharing the news!

sweet-d · December 11th, 2012, 10:23 PM

Hmm that's very good news.

raider12 · December 12th, 2012, 12:29 AM

Quote:

Originally Posted by thejacko5

the problem is that downtown is terrible and everyone knows it.

midtown will always be the center.

that's comparing apples to oranges not to mention the fact that a ton of the world's commerce runs through downtown so it's prominence and importance vis a vis midtown does not pale in comparison but like i said, two different animals. Midtown the center of entertainment Downtown the center of commerce

azn_man12345 · December 12th, 2012, 07:07 AM

Even if Downtown pales in comparison to Midtown, most other cities pale in comparison to Downtown alone. That show how mighty New York is.

aquablue · December 12th, 2012, 08:52 PM

Downtown needs a direct commuter rail link to somewhere (Long Island/Airport, or NJ). It also needs direct PATH service to EWR airport (which is being considered). Basically, it needs better access. Otherwise it will perhaps become more residential over time, losing its commerce to Midtown and the Hudson Yards. More residential though should make it a more interesting neighborhood. A tunnel connecting Hoboken Terminal with Fulton Transit Center would connect the entire NJ transit system to FiDi. NJ is growing at a faster rate than LI, so that connection might make sense down the line.

Eric Offereins · December 12th, 2012, 10:13 PM

Quote:

Originally Posted by RobertWalpole

White & Case, a top NY lawfirm, is negotiating for 500k sq.f.

They probably want prestige over price?

RobertWalpole · December 12th, 2012, 10:47 PM

Quote:

Originally Posted by Eric Offereins

They probably want prestige over price?

No. The WTC is more than sufficiently prestigious. It's a globally-known address, and W&C is a global firm. That being said, rent is a huge expense that diminishes the equity partners' profits. Thus, if they can get space in a new building for $65-80/sf at the WTC, they'll do so, rather than pay $150/sf at Foster's new tower which will rise at 425 Park. As noted, Silverstein is making a gift to the initial tenants of 3 WTC so that he can get it financed and start construction. He surely hopes to get between $100 and $150/sf for the rest of the tower.

Lodgy Lion · December 12th, 2012, 10:49 PM

Quote:

Originally Posted by Eric Offereins

They probably want prestige over price?

World Trade Center is the most famous site in the modern world. It is prestigious.

Kanto · December 13th, 2012, 01:15 PM

Quote:

Originally Posted by RobertWalpole

No. The WTC is more than sufficiently prestigious. It's a globally-known address, and W&C is a global firm. That being said, rent is a huge expense that diminishes the equity partners' profits. Thus, if they can get space in a new building for $65-80/sf at the WTC, they'll do so, rather than pay $150/sf at Foster's new tower which will rise at 425 Park. As noted, Silverstein is making a gift to the initial tenants of 3 WTC so that he can get it financed and start construction. He surely hopes to get between $100 and $150/sf for the rest of the tower.

Won't Larry do a similar thing with 2WTC? In that case companies would prefer to move into 2WTC rather than 3WTC, if there is already an anchor tenant in 3WTC. I dunno but if this is the case it might be good news for the continuation of 2WTC's construction

thejacko5 · December 13th, 2012, 03:53 PM

150/sqft is pretty aggressive. I think its pretty rare to see anything near that.

I know 51 Astor Place was shooting for midtown prices, wanting to get around 90-100/sqft

Beber · December 14th, 2012, 03:40 PM

LTM1350 showed up on the SE corner of the tower. Anyone knows why? To remove the TG1900?

325ccr · December 14th, 2012, 04:54 PM

^ it has the super lift wings on it. Must be something heavy

thejacko5 · December 14th, 2012, 05:18 PM

maybe a couple of those plate columns are out of radius?

December 11th, 2012, 01:15 AM	#2202
Otie O' Daniel Join Date: Dec 2010 Location: Arrow City Posts: 2,661 Likes (Received): 270	Guys, can we please stay on topic? Every time I see updated this thread makes me believe there's some news about the deal. __________________ WTC Transportation Hub 3D Project

December 11th, 2012, 02:16 AM	#2203
chris123678 Registered User Join Date: May 2012 Location: Philadelphia, Pa Posts: 449 Likes (Received): 9	Besides "Group M" are there any other potential tenants? __________________ These lonely nights are hard to get through, I will keep you in my heart by making you a dream. Forum:http://offtopica.net/forum.php

December 11th, 2012, 09:46 AM	#2205
comet the cat Too tall is not an option Join Date: Dec 2009 Location: Adelaide Posts: 466 Likes (Received): 34	It's good to know that there are several companies interested in this site, better chance of work resuming next year! __________________ My you tube channels For buildings - http://www.youtube.com/user/isthereanythathasnt1 For physics - http://www.youtube.com/user/istherea...3?feature=mhee

December 11th, 2012, 10:23 PM	#2209
sweet-d Registered User Join Date: Jul 2010 Location: Wolfwood Posts: 1,411 Likes (Received): 12	Hmm that's very good news. __________________ You know how I will pay you.

December 12th, 2012, 08:52 PM	#2212
aquablue Advocate of high design Join Date: Mar 2006 Posts: 1,539 Likes (Received): 15	Downtown needs a direct commuter rail link to somewhere (Long Island/Airport, or NJ). It also needs direct PATH service to EWR airport (which is being considered). Basically, it needs better access. Otherwise it will perhaps become more residential over time, losing its commerce to Midtown and the Hudson Yards. More residential though should make it a more interesting neighborhood. A tunnel connecting Hoboken Terminal with Fulton Transit Center would connect the entire NJ transit system to FiDi. NJ is growing at a faster rate than LI, so that connection might make sense down the line. __________________ ___________________________________________________________

December 12th, 2012, 07:07 AM	#2211
azn_man12345 Registered User Join Date: Dec 2010 Location: Wichita Posts: 1,169 Likes (Received): 3	Even if Downtown pales in comparison to Midtown, most other cities pale in comparison to Downtown alone. That show how mighty New York is.

December 13th, 2012, 03:53 PM	#2217
thejacko5 SSC Addict Join Date: Nov 2010 Location: NYC Posts: 587 Likes (Received): 28	150/sqft is pretty aggressive. I think its pretty rare to see anything near that. I know 51 Astor Place was shooting for midtown prices, wanting to get around 90-100/sqft

December 14th, 2012, 03:40 PM	#2218
Beber Registered User Join Date: Oct 2009 Posts: 164 Likes (Received): 22	LTM1350 showed up on the SE corner of the tower. Anyone knows why? To remove the TG1900?

December 14th, 2012, 04:54 PM	#2219
325ccr Registered User Join Date: Jul 2010 Location: NYC Posts: 345 Likes (Received): 12	^ it has the super lift wings on it. Must be something heavy __________________ http://www.heavytruckphotos.com/ All of my WTC photos. Over 3,300!! http://www.flickr.com/photos/vinschi...7623485017567/

December 14th, 2012, 05:18 PM	#2220
thejacko5 SSC Addict Join Date: Nov 2010 Location: NYC Posts: 587 Likes (Received): 28	maybe a couple of those plate columns are out of radius?

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