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Supertalls Discussions of projects under construction between 300-599m/1,000-1,999ft tall.
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Old June 19th, 2017, 05:55 PM   #7801
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The lower part should top out with the next 4-7 floors, then the tower portion will rise.
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Old June 21st, 2017, 08:47 AM   #7802
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June 15th










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Old June 21st, 2017, 08:59 AM   #7803
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The cantivelar looks scary how it hoovers above the block. A crazy feature in a crazy location.
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Old June 24th, 2017, 01:35 AM   #7804
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Extell finalizing $900M construction loan for Central Park Tower: sources
https://therealdeal.com/2017/06/23/e...al-park-tower/

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Gary Barnett’s Extell Development is finalizing a $900 million construction loan for Central Park Tower, The Real Deal has learned. The financing would allow Barnett to proceed with the ultra-luxury condominium tower at 217 West 57th Street, which is the priciest residential project in New York City history with a $4 billion sellout. It would also be one of the largest condo construction loans of this cycle.

Extell signed a term sheet this week with a group of lenders led by JPMorgan Chase, sources familiar with the matter said. Closing on the loan would end an 18-month quest for financing for the 179-unit, 1,550-foot supertall project, which many real estate insiders bet would never get built.

Representatives for Extell and JPMorgan declined to comment. The loan is the final piece in an intricate capital stack, which includes $168 million in EB-5 funds, a $300 million equity investment from SMI USA, the U.S. subsidiary of Shanghai’s largest state-owned enterprise, and interim financing from lenders such as JPMorgan, Blackstone Group and Fortress Investment Group. (In October, TRD took a deep dive into Barnett’s search for funds for the tower.)

In an interview with TRD in March, Barnett said he was targeting a $900 million construction loan.

“That only represents $1,800 a foot. It would be a very conservative construction loan,” Barnett said.

Last month, the New York State Attorney General’s office approved the offering plan, allowing sales to launch. With a projected sellout of $4.02 billion, the project has the priciest offering plan ever accepted by the city, followed by Vornado Realty Trust’s 220 Central Park South at $3.4 billion.
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Old June 30th, 2017, 07:38 AM   #7805
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Urban Capture









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Old July 1st, 2017, 02:31 AM   #7806
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Funny, when I first saw the various renders of CPT from that angle, I thought that they really exaggerated the amount that CPT would extend beyond 220 CPS. Seeing this perspective with the actual building rising has convinced me otherwise. Very cool.
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Old July 2nd, 2017, 04:49 AM   #7807
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@topnewyorkphoto
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Old July 2nd, 2017, 11:22 PM   #7808
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201706084 New York City Upper East Side Met Museum by taigatrommelchen, on Flickr
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Old July 6th, 2017, 02:37 AM   #7809
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from yesterday by me






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Old July 6th, 2017, 03:50 AM   #7810
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Daniel Mark


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Old July 6th, 2017, 03:52 AM   #7811
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I never tire of those shots along Central Park South.
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Old July 6th, 2017, 07:06 PM   #7812
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Is that glass?
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Old July 8th, 2017, 09:52 PM   #7813
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Taken today on my morning walk:

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Old July 8th, 2017, 09:57 PM   #7814
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It's not even close to it's height and already it dominates. This is certainly going to be a tower of epic proportions--quite literally.
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Old July 8th, 2017, 11:13 PM   #7815
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Quote:
Originally Posted by geoking66 View Post
Taken today on my morning walk:

great angle for reference.

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Old July 9th, 2017, 12:40 AM   #7816
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It would be interesting to know how this building resists a high wind load. Is it under much greater stress with a particular wind direction?
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Old July 9th, 2017, 03:56 AM   #7817
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Honestly this building looks pretty interesting from the ground level. I guess it's ok without the spire. And it's pretty much just brute height.
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Old July 9th, 2017, 06:48 AM   #7818
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Nice vid.

Last edited by Henk; July 9th, 2017 at 10:40 AM.
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Old July 9th, 2017, 10:02 AM   #7819
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I admire your courage!!!
Superb views. Thank you.


But stealing food??? Really??? Not nice at all.
Don't do it.
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Old July 9th, 2017, 10:43 AM   #7820
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Quote:
Originally Posted by Marco Polo View Post
I admire your courage!!!
Superb views. Thank you.


But stealing food??? Really??? Not nice at all.
Don't do it.
It's not me in the vid. I stoped climming years ago. The only thing I've ever taken are the picture I've made.
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217 west 57th street, 225 west 57th street, central park south, cps, extell, new york, nordstrom tower, nyc, supertall

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