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Old October 2nd, 2013, 11:50 PM   #81
desertpunk
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Once upon a time, 220 CPS was just another postwar white enamel brick apartment house. (at least the façade didn't peel away like Ed Koch's old digs! )




Now it's a void in the streetwall awaiting 500-800 ft.+ of stately chic:


http://newyorkyimby.com/2013/01/demo...arly-gone.html (January)
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Old October 3rd, 2013, 10:57 PM   #82
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Breaking News



Vornado and Extell: A done deal…and now, a race to the sky? Another Gripepad exclusive.

Posted by Michael Gross in GripeBox | October 3rd, 2013


Quote:
architect Robert A.M. Stern to design its new condo–”It’s 99% sure”–and added one more tid-bit for now. “They’re going pretty high,” the source says.
Quote:
The mega-tiff between mega-builders Vornado and Extell over two almost-kissing development lots between West 57th Street and Central Park South, and Seventh Avenue and Broadway, has ended, and Vornado’s 220 Central Park South should start climbing soon, only a tad behind Extell’s Nordstrom tower, says a source in a position to know, who reports, “They made a deal.” Not one to trust, this blog just paid a visit to the underground parking garage leased by Extell beneath Vornado’s property–reportedly the cause of the delay at 220CPS, and found it locked and empty, and the watchman on duty behind its gate confirmed that it has closed and will soon be a goner. Vornado has not yet responded to a request for comment.

My source also confirmed–well, nearly–Gripepad’s report from May 2012 that Vornado is hiring Fifteen Central Park West architect Robert A.M. Stern to design its new condo–”It’s 99% sure”–and added one more tid-bit for now. “They’re going pretty high,” the source says.

Which means war, at least for the Central Park views developers covet along the new Billionaire’s Belt. Until today, Extell (whose plans were first revealed here this week) had the view corridor to itself. Now? Advantage Vornado.
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Old October 3rd, 2013, 11:03 PM   #83
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Great News, i think we can expect something classy here!, Maybe a near supertall?
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Old October 3rd, 2013, 11:17 PM   #84
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If they came to a deal - and I have a source that said Extell was asking $75M which isn't insane - Vornado may have acquired 227 W 58th, which would vastly increase their air rights as they also have the adjacent property, and they would now be a contiguous lot. IF this is the case, I would expect this to go 1,000'+.
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Old October 3rd, 2013, 11:36 PM   #85
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Quote:
Originally Posted by babybackribs2314 View Post
If they came to a deal - and I have a source that said Extell was asking $75M which isn't insane - Vornado may have acquired 227 W 58th, which would vastly increase their air rights as they also have the adjacent property, and they would now be a contiguous lot. IF this is the case, I would expect this to go 1,000'+.
Oh you tease!
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Old October 16th, 2013, 12:19 AM   #86
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According to the 15th Oct. 2013, NYT, 220 CPS will be approximately 900 feet tall.

http://www.nytimes.com/2013/10/16/ny...ZFkBr4O3nZvLWQ





developers reached a truce that paves the way for two more ultraluxury towers on the northern edge of Midtown.

The transformation of a once dowdy stretch of 57th Street into Billionaires’ Row reached new heights on Tuesday, as two of New York City’s leading developers reached a truce that paves the way for two more ultraluxury towers on the northern edge of Midtown.


Like five others under development in the neighborhood, the two new towers will feature apartments selling for tens of millions of dollars and promising spectacular Central Park views.

Taken together, the projects promise to remake the skyline and to redefine what it means to be rich in a city that is a cradle of capitalism and not so long ago was an emblem of urban poverty.

For seven years, the two developers, Gary Barnett and Steven Roth, had blocked each other from moving forward with his respective superluxury project. But the men decided the time had come to settle, and on Tuesday, they signed a deal ending the feud.

Mr. Barnett is already building One 57th Street, a 1,004-foot tower, just east of Seventh Avenue, where the penthouse is under contract for $90 million. To the east, the penthouse at the 1,396-foot skyscraper under construction by Harry Macklowe and the CIM Group is selling for $95 million, or more than $11,000 a square foot.

Now, Mr. Barnett plans to erect a tower of at least 1,400 feet on 57th Street, just east of Broadway. Directly north of that building, Mr. Roth will proceed with a 65-story (roughly 900-feet-tall) residential tower. Mr. Roth will shift the site of his building slightly to the west, while Mr. Barnett edges his site eastward, so that both skyscrapers can capitalize on what may be their most lucrative features: Central Park views.

“That’s the money shot,” Mr. Barnett said.
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Old October 16th, 2013, 12:29 AM   #87
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Quote:
Originally Posted by RobertWalpole View Post
According to the 15th Oct. 2013, NYT, 220 CPS will be approximately 900 feet tall.

http://www.nytimes.com/2013/10/16/ny...ZFkBr4O3nZvLWQ



Now, Mr. Barnett plans to erect a tower of at least 1,400 feet on 57th Street, just east of Broadway. Directly north of that building, Mr. Roth will proceed with a 65-story (roughly 900-feet-tall) residential tower. Mr. Roth will shift the site of his building slightly to the west, while Mr. Barnett edges his site eastward, so that both skyscrapers can capitalize on what may be their most lucrative features: Central Park views.

“That’s the money shot,” Mr. Barnett said.
roughly 900 ft is not bad! lol.
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Old October 16th, 2013, 12:35 AM   #88
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Changes noted!
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Old October 16th, 2013, 12:36 AM   #89
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One57 and 432 Park had no sales competition. This next round will have a lot, so Barnett is under pressure to deliver a great design, like JDS did with Steinway.
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Old October 16th, 2013, 12:41 AM   #90
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I wonder if this tower will have some meat to it or if it will be skinny. Does any one know the total sq ft for development this site has?
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Old October 16th, 2013, 12:52 AM   #91
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900 ft is great! Maybe near supertall if they have a crown etc.
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Old October 16th, 2013, 01:06 AM   #92
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Quote:
Originally Posted by N.Y.C.H View Post
900 ft is great! Maybe near supertall if they have a crown etc.
I thought the same thing. Stern always has crowns. This likely will be similar to 30 Park Place, which will be around 930 feet.
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Old October 16th, 2013, 01:25 AM   #93
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Vornado to Build Condo Tower on NYC’s Central Park South
http://mobile.bloomberg.com/news/201...ark-south.html

Bloomberg is reporting 920ft tall!

All for the sum of $194 million to Barnett.
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Old October 16th, 2013, 01:27 AM   #94
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Is the actual 220 CPS lot that is currently empty the only footprint for the tower? If so, there's only so far Vornado can slide the tower to the west to accommodate Extell in that narrow plot. If there are setbacks, the higher portions of the tower will sit at the western edge, which could help a bit.

Extell will probably try to get the current cantilever proposal past the LPC at the hearing next week. That 28 feet will be even more important with a 920-foot tower almost directly in front of 217.
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Old October 16th, 2013, 01:29 AM   #95
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So with crown, maybe reaches 950ft!

Even better.
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Old October 16th, 2013, 02:25 AM   #96
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Quote:
Originally Posted by Vertical_Gotham View Post
Vornado to Build Condo Tower on NYC’s Central Park South
http://mobile.bloomberg.com/news/201...ark-south.html

Bloomberg is reporting 920ft tall!

All for the sum of $194 million to Barnett.


Quote:
Vornado Realty Trust (VNO) acquired land and air rights above a development site it owns on Manhattan’s Central Park South, enabling the company to begin work on a luxury-condominium tower.

The real estate investment trust paid $194 million for the development rights and will begin construction on a 920-foot (280-meter) building at 220 Central Park South, according to a statement today. The seller was Extell Development Co., that company said in a separate statement.

Vornado, based in New York, has more than 100 million square feet (930,000 square meters) of U.S. commercial real estate, mostly office and retail buildings. The deal gives the company an additional 137,000 zoning square feet at the Central Park South site, according to the statement. The planned tower will be designed by Robert A.M Stern Architects, the firm behind 15 Central Park West, the nearby dual limestone buildings that have been favored by celebrities and Wall Street bankers.

In its statement, New York-based Extell said the deal settles all litigation between the two companies, each of which plans condos within the same block. “We are thankful that our differences with Vornado have been resolved amicably,” Gary Barnett, president of Extell, said in the statement. “We wish them great success.”

Vornado purchased the Central Park South site in 2005.
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Old October 16th, 2013, 03:15 AM   #97
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Nice!
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Old October 16th, 2013, 03:18 AM   #98
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..

Last edited by Subsequence; March 8th, 2017 at 04:53 PM.
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Old October 16th, 2013, 03:18 AM   #99
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I'm really excited for this design, a great height, and most of his towers look classy just like 30 Park Place, going to be a great tower!
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Old October 16th, 2013, 06:09 AM   #100
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Is 221 West 58th in this? I recall seeing it looking like it was abandoned. If so you'd have a L-shape with 217 W58, 221 W58, and 220 CPS. More than enough space for a 1000+ footer.
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