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Old August 2nd, 2017, 04:57 PM   #3381
joeyoe121
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I do hope it doesn't get halted in the near future as a subsequent result of the mezzanine loan foreclosure stories, this one is such a beaut!!!
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Old August 2nd, 2017, 05:03 PM   #3382
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Quote:
Originally Posted by Dave-in-Toronto View Post
Not for the people in the building!
for me the best view and most interesting thing to see outside of a tall building are other tall buildings close by. So the view will probably improve
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Old August 2nd, 2017, 07:02 PM   #3383
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View from the crane:

jdsdevelopmentgroup
Only getting better and better. #111w57 #centralpark #symmetry #nycviews


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Old August 2nd, 2017, 07:13 PM   #3384
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The view of Central Park from the top of the rock is stunning an iconic, but this is NYC!! It's about time there are some more buildings between there and Central Park. Rockefeller is all the way at 50th!! Central Park starts at 59th! The view couldn't stay completely unobstructed forever.

And most of the Park will still be visible.
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Old August 2nd, 2017, 07:25 PM   #3385
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Quote:
Originally Posted by nylkoorB View Post
The view of Central Park from the top of the rock is stunning an iconic, but this is NYC!! It's about time there are some more buildings between there and Central Park. Rockefeller is all the way at 50th!! Central Park starts at 59th! The view couldn't stay completely unobstructed forever.

And most of the Park will still be visible.

It's one of the reasons why I prefer the view from Top of the Rock, vs. the Empire State Building Observatory. The Empire State Building Observatory is great, but you miss out on seeing one of the greatest stars of the NY skyline: the Empire State Building.
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Old August 2nd, 2017, 10:32 PM   #3386
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It's one of the reasons why I prefer the view from Top of the Rock, vs. the Empire State Building Observatory. The Empire State Building Observatory is great, but you miss out on seeing one of the greatest stars of the NY skyline: the Empire State Building.
Yeah I'm the same way. I always suggest 30 Rock to out-of-towners.
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Old August 2nd, 2017, 11:04 PM   #3387
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When I was on the top of the rock i was suprised how relativly small the ESb looked like from up there.
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Old August 3rd, 2017, 05:12 AM   #3388
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When Manhattan Tower at Hudson Yards is finished the city will have a nice selection of elite observation decks (ESB, Top of the Rock, 1 WTC and Manhattan Tower) ... I hope 9 DeKalb has one too.
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Old August 3rd, 2017, 05:39 AM   #3389
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https://therealdeal.com/2017/08/02/f...into-contract/

First 111 West 57th Street units go into contract
Developers halted marketing last year amid weak market


By Konrad Putzier
August 02, 2017

Quote:
It’s not all bad news at 111 West 57th Street. Amid the headlines over legal squabbles between developers Michael Stern and Kevin Maloney and investor Ambase Corporation, the first condominiums at the luxury development quietly went into contract.

Apollo Commercial Real Estate Finance, which issued a $325 million mezzanine loan on the 60-unit project, shared the news during its quarterly earnings call Wednesday. The company didn’t specify how many units are in contract, but CEO Stuart Rothstein claimed they sold at “prices well over (Apollo’s) basis.”

Last March, the developers announced they would hold off on sales, citing a weak luxury market.

“If the market were red-hot, people would be buying off plans, throwing checks down, and it’d be great,” Maloney told Bloomberg at the time. “But if you have a market where you think marketing would be ineffective for now, why would you launch and spend the money? Wait.”

Marketing hasn’t officially resumed yet, and is expected to do so in the fall, according to sources.

Stern, the CEO of JDS Development Group, declined to comment on the units that went into contract. And Maloney, who heads Property Markets Group, could not immediately be reached for comment.

According to the offering plan approved by the New York Attorney General’s Office, prices on apartments will start at $15.5 million.

The most expensive unit listed, on the 74th floor, is asking $58 million, the offering plan shows. Similar to the tactic used by competitors Extell Development at Central Park Tower and Vornado Realty Trust at 220 Central Park South, several of the largest units at 111 West 57th Street don’t yet have sticker prices.

The 1,418-foot-tall tower, designed by SHoP Architects, has a projected sellout of $1.45 billion, with an average asking sales price of $5,740 per square foot, lower than that of Central Park Tower and 220 Central Park South.

Ambase, which holds an equity stake in 111 West 57th Street, and the developers have been trading lawsuits over the past year. The small real estate investment trust accuses Stern and Maloney of trying to dilute its stake, and last week filed a lawsuit to block foreclosure proceedings that could lead to its stake being wiped out. Stern and Maloney have accused Ambase of withholding crucial funding for the tower.
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Old August 3rd, 2017, 07:45 PM   #3390
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Quote:
Originally Posted by Riley1066 View Post
When Manhattan Tower at Hudson Yards is finished the city will have a nice selection of elite observation decks (ESB, Top of the Rock, 1 WTC and Manhattan Tower) ... I hope 9 DeKalb has one too.
And don't forget One Vanderbilt. I guess we can see Manhattan from a lot of different angles in the not so distant future. Will be tough for the tourists though to decide which observation deck to choose.
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Old August 3rd, 2017, 09:13 PM   #3391
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I choose all.
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Old August 3rd, 2017, 09:15 PM   #3392
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Quote:
Originally Posted by BillyLoomis1982 View Post
And don't forget One Vanderbilt. I guess we can see Manhattan from a lot of different angles in the not so distant future. Will be tough for the tourists though to decide which observation deck to choose.
I didn't know One Vanderbilt was getting an observation deck. The Chrysler Building will look amazing from up there.

If 9 Dekalb gets one too that might be the most unique one yet as you'll be able to see ALL of Manhattan.
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Old August 3rd, 2017, 09:55 PM   #3393
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9 DeKalb will host apartments. It is unlikely there will be a public observatory.
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Old August 4th, 2017, 02:07 AM   #3394
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Edit: nevermind. Mods please delete. I said something stupid and wrong lol
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Old August 5th, 2017, 11:45 PM   #3395
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@svvvk
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Old August 7th, 2017, 11:39 PM   #3396
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Monday Colours -Postcard from New York by Madeleine (nmp), on Flickr
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Old August 8th, 2017, 02:29 AM   #3397
E.Abramovich
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Such a beuty¡!!!!!!!!!!!!!!
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Old August 8th, 2017, 02:15 PM   #3398
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For those who still believe work has stopped.....





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Old August 8th, 2017, 06:55 PM   #3399
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Man, this thing is going to be tall and skinny! I have some friends who live diagonally across the street (essentially that view but a few floors up). I'd live in fear every day.
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Old August 8th, 2017, 06:59 PM   #3400
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We have thought 432 Park Avenue was slender, then this things arises just to show us what skinny really means.
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