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Supertalls Discussions of projects under construction between 300-599m/1,000-1,999ft tall.
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Old September 6th, 2016, 02:25 AM   #2221
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Quote:
Originally Posted by Joshua Dodd View Post
What's important to us, the consumers, is what is important to developers. Otherwise, not including city regulations, they'd never be able to make a sale. The "Invisible Hand" referred to by Adam Smith is not some dark and mysterious capitalist who controls reality like the Wizard of Oz. The consumer is the Invisible Hand. The Consumer drives the demand. It's about supply and demand. If the consumer wants a certain taste, if that certain taste is most popular among the collective, then it is that taste the developers will certainly appease. Otherwise they won't make a sale. Why do you think they are building these towers so tall and slim with such incredibly high prices for the upper floors? Supply and demand. The higher up, the more spectacular the view, the more those who can afford it will pay.
...and that might be the idea behind some of the buildings with suspicious taste, after all foreign oligarchs from dysfunctional countries might live over there.
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Old September 6th, 2016, 07:56 AM   #2222
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They are still removing debris from old buildings. Excavation starting soon.







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Old September 6th, 2016, 03:48 PM   #2223
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Quote:
Originally Posted by lorengmorena View Post
it will appear smaller than esb, i hope that it will come back to its 1514ft to the tip !!
Lol it will appear smaller than esb, i hope that it will come back to its 1514ft to the tip !!.
This what i posted in 111pages stop copy me but we hope it
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Old September 6th, 2016, 06:51 PM   #2224
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We don't know what the final height is yet. It's very possible it was cut and we have a little evidence but it's not certain either. We'll find out soon enough.

Even at ~1400 to the tip the roof would still be above ESB by the way.
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Old September 15th, 2016, 06:18 PM   #2225
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https://www.skyscrapercenter.com/bui...lt-place/15833
Is That right !!!!!
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Old September 15th, 2016, 06:39 PM   #2226
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The CTBUH height figure is correct, per blueprints viewed in KPF office last year. Unless they made a design change, I would stick with 461.5 m.
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Old September 15th, 2016, 11:19 PM   #2227
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Does anyone knows the ROOF Height of this incredible structure.
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Old September 16th, 2016, 12:30 AM   #2228
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1414 ft (431 m)
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Old September 20th, 2016, 01:09 AM   #2229
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Old September 20th, 2016, 02:04 PM   #2230
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One year to take-off.
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Old September 28th, 2016, 08:09 AM   #2231
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Similar to 3 Hudson Yards (The Girasole), this sits above a 100 foot deep excavation and tunneling operation to access Grand Central Station's network. That has to be dug out before construction can begin, which will take a very long time. They only recently cleared the buildings from the site, but still have pilings from the old foundations to dig out.
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Old September 28th, 2016, 07:10 PM   #2232
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No stopping it now

SL Green closes on $1.5B One Vanderbilt construction loan
http://therealdeal.com/2016/09/28/sl...truction-loan/



Quote:
SL Green Realty closed on a $1.5 billion construction loan for its $3.1 billion office development One Vanderbilt, the real estate investment trust announced Wednesday.
Wells Fargo leads the syndicate, which also includes The Bank of New York Mellon, JP Morgan Chase, TD Bank and Bank of China.
Landing a loan clears one major hurdle in the way of the 1,401-foot tall, 1.6 million-square-foot office tower set to rise next to Grand Central terminal. Another fell in August, when the REIT settled a lawsuit by the owner of Grand Central.
“Closing on the construction financing means that nothing stands in the way of One Vanderbilt becoming an iconic addition to the Manhattan skyline,” SL Green’s managing director Robert Schiffer said in a statement.
On top of the loan, SL Green plans to fund the project with $1.64 billion in equity, CEO Marc Holliday said in June.
One of the lenders, TD Bank, also happens to be the building’s anchor tenant with a lease for 200,000 square feet.
In exchange for a rezoning that allows the tower to rise to its planned height, SL Green will have to invest $220 million in public infrastructure improvements. — Konrad Putzier
As far as the change in height, I'm not totally convinced it has changed, the KPF website still says 1501' and the press release from SL Green today claims it will be the tallest building in midtown and I'm pretty sure they're aware of those buildings on 57th street.
Perhaps we should hold of on that till we get official confirmation.

SL Green Closes $1.5 Billion Construction Financing, Paving Way for One Vanderbilt Development
http://investor.shareholder.com/slg/...leaseID=991201

Quote:
NEW YORK--(BUSINESS WIRE)-- SL Green Realty Corp. (NYSE:SLG), New York City's largest commercial property owner, today announced that it has closed on $1.5 billion of construction financing for One Vanderbilt, ensuring that the 1,401-foot-tall, state-of-the-art office tower, will soon rise adjacent to Grand Central Terminal in Midtown Manhattan. One Vanderbilt will include direct connections to Grand Central's network of mass transit, improved by $220 million in upgrades SL Green is implementing as part of the project.

The facility, led by Wells Fargo Bank, N.A. as Administrative Agent, The Bank of New York Mellon, JP Morgan Chase Bank, TD Bank, N.A., and Bank of China, as Syndication Agents, and Landesbank Baden-Württemberg as Documentation Agent, has a term of up to 7 years and bears interest at a floating interest rate of 3.50% over LIBOR, with the ability to reduce the spread to as low as 3.00% upon achieving certain pre-leasing and completion milestones.

"Closing on the construction financing means that nothing stands in the way of One Vanderbilt becoming an iconic addition to the Manhattan skyline," commented SL Green Managing Director, Robert Schiffer. "One Vanderbilt will set a new standard for trophy buildings in Midtown Manhattan. It will respond to the needs of the modern workforce, offering tenants technologically advanced, Class A office space with best-in-class amenities and unparalleled proximity to public transportation."

One Vanderbilt will encompass an entire block adjacent to Grand Central Terminal, bounded by Madison and Vanderbilt Avenues as well as 42nd and 43rd Streets. Vertical construction will begin in the second quarter of 2017, and is expected to be completed in 2020. Tishman Construction will manage the project.

Designed by Kohn Pederson Fox, the 58-floor, 1.6 million rentable-square-foot trophy tower will be the tallest building in Midtown and the second tallest in New York City
. In 2014, TD Bank signed a 20-year, 200,000-square-foot lease, which includes its retail flagship store, making it the first office and retail anchor tenant in the building.
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Old September 28th, 2016, 08:54 PM   #2233
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Um, they probably meant to say "tallest OFFICE building...".
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Old September 28th, 2016, 11:07 PM   #2234
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Awesome. This will be another great project to follow.
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Old September 28th, 2016, 11:57 PM   #2235
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I agree. Imagine the view from the offices.
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Old September 29th, 2016, 12:00 AM   #2236
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This old rendering is quite different from that they've posted above:



VS

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Old September 29th, 2016, 12:43 AM   #2237
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Does look different in that second image. Liked that first render better though the second one is not bad by any means, just a bit altered I guess.
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Old September 29th, 2016, 01:36 AM   #2238
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NEW YORK | One Vanderbilt Place | 462m | 1514ft | 64 fl | Prep

That second render is an unofficial render by a member of this forum (can't remember who off the top).
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Old September 29th, 2016, 07:51 AM   #2239
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The spire looks longer in the second render.
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Old September 29th, 2016, 09:16 AM   #2240
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What a beauty. And I thought Toronto's condo boom could get us closer to NY's quality. Not!!
Simple yet majestic.
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