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Old May 22nd, 2014, 01:35 AM   #941
Vertical_Gotham
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Yea me too! Very exciting and have no idea. Obviously a major coup for SL Green and it explains why they want to get this thing going with or without the MER. Obviously very good news indeed.
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Old May 22nd, 2014, 06:27 AM   #942
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And the good news also is that unlike what some supporters of the Midtown East rezoning feared, the affordable housing initiatives the mayor supports will not be pushed here as there are alternate areas the administration believes are underdeveloped and could be rezoned to help boost that purpose. I gather then nor would high end condos either, which is good because there is no need for them in the rezoned area, but for expanding and modernizing office space, possibly some hotel component plus considerable lower floor retail. Hopefully soon enough we will start seeing the initial stages of that redevelopment with 1 Vanderbilt and 425 Park Avenue, among others.
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Old May 22nd, 2014, 06:42 AM   #943
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Old May 22nd, 2014, 09:48 PM   #944
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Lois Weiss is saying the mystery tenant is TD Bank and is in negotiation w/ SLGreen to anchor the 1.1msf 65 stories tower.



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Old May 22nd, 2014, 09:56 PM   #945
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Quote:
Originally Posted by Vertical_Gotham View Post
Lois Weiss is saying the mystery tenant is TD Bank and is in negotiation w/ SLGreen to anchor the 1.1msf 65 stories tower.



Tremendous news!

Is TD Bank not currently in Manhattan? That surprises me.
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Old May 22nd, 2014, 09:57 PM   #946
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I think they are Canadian based but I guess they apparently don't have an HQ here in NYC. I really dunno.
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Old May 22nd, 2014, 09:58 PM   #947
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http://online.wsj.com/news/articles/...78192381451808

Quote:
Canadian financial firm Toronto-Dominion Bank TD.T +2.66% is eyeing an expansion in New York City and is considering becoming a principal tenant for a soaring new Midtown skyscraper across the street from Grand Central Terminal, according to multiple people briefed on the discussions.

The company would take a large block of space in a tower named One Vanderbilt being planned by landlord SL Green Realty Corp. SLG -0.04% The developer is still negotiating with the city over the size of the tower. But last year SL Green said it could include 1.6 million square feet of space, and renderings showed it soaring above the nearby Chrysler Building, which is 1,046 feet high.

The company's U.S. unit, TD Bank, has seen significant growth in recent years through acquisitions of small lenders and expansion of its retail banking.

"As TD grows in NYC, we assess our office spacing needs and continually explore the best office locations for our team," a spokeswoman for TD Bank said in an email sent Thursday. The U.S. unit is based near Philadelphia in Cherry Hill, N.J. She declined further comment.

The U.S. bank has numerous retail branches within New York City. But, at this point, it only has a small amount of office space. It is unclear if the bank is looking at locations other than One Vanderbilt.

Alicia Glen, New York City's deputy mayor for housing and economic development, spoke about SL Green's planned tower at an event on Wednesday hosted by the Citizens Budget Commission. "That's an incredibly exciting project," she said, according to a transcript provided by City Hall. "And that's a project that they also have identified a very high-quality tenant that we would very much like to see come to New York."

Ms. Glen didn't specify which tenant was looking at One Vanderbilt, but she indicated that the city was working with the developer to help the project move forward.

SL Green owns the entire block bounded by Vanderbilt and Madison avenues and 42nd and 43rd streets. The company, Manhattan's largest office landlord, has been in discussions with city officials about a zoning change to build the tower. At this point SL Green hasn't signed any leases for the project.
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Old May 22nd, 2014, 09:59 PM   #948
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Ah yes! Sweet! cheers cheers!

Edit:

1,046 feet high?? is that the planned height if SLG were to move forward w/o zoning change?

Edit Edit:
Lack of reading comprehension here folks. Lol

Height of 1046' is referring to the Chrysler Bldng. My apologies

Last edited by Vertical_Gotham; May 22nd, 2014 at 10:11 PM.
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Old May 22nd, 2014, 10:00 PM   #949
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I wonder how tall this tower will be. I would say somewhere between 1,200-1,400 feet to the roof.
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Old May 22nd, 2014, 10:03 PM   #950
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My guess it's aprox 1,200 ft with MER approval.
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Old May 22nd, 2014, 10:21 PM   #951
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Top 10 NYC office buildings by roof height/spire height:

1. One World Trade Center- 1,373/1,797
2. Two World Trade Center- 1,265/1,350
3. Empire State Building- 1,250/1,474
4. One Vanderbilt- 1,250
5. 30 Hudson Yards- 1,227
6. Three World Trade Center- 1,073/1,171
7. 50 Hudson Yards- 1,068
8. Chrysler Building- 1,046
9. 3 Hudson Boulevard- 1,034
10. Hudson Spire- 1,000+

Truly amazing.

I am really hoping for something magnificent from Tishman at the Spire site.

Who would have that, after 9/11, this city would have One and Two World Trade anchoring downtown, the ESB, Chrysler, and One Vanderbilt anchoring Midtown, and the Hudson Spire and 30 Hudson Yards anchoring the Hudson Yards.
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Old May 22nd, 2014, 10:21 PM   #952
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That's good news, now let's just hope they come up with another design, this one is kind of a mix between BOA and 30HY, you can't challenge the mighty ESB with just another copycat design.
I wonder which tower we will see rise first, 1 Vanderbilt, Hudson Spire or 2WTC? I say 1 Vanderbilt will be first and 2 WTC last.
The other positive is that office towers are poised to keep alive the supertall streak NYC is experiencing, since I expect a slowdown in those residential mega towers. I'm glad to see office buildings are back in contention.

Last edited by Ghostface79; May 22nd, 2014 at 11:34 PM.
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Old May 22nd, 2014, 10:28 PM   #953
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Quote:
Originally Posted by Ghostface79 View Post
I wonder which tower we will see rise first, 1 Vanderbilt, Hudson Spire or 2WTC? I say 1 Vanderbilt will be first and 2 WTC last.
My guess is the Hudson Spire and 1 Vanderbilt rising at the same time!

Here's a better graph for 1 Vandy via NYTimes.


Last edited by Vertical_Gotham; May 22nd, 2014 at 10:42 PM.
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Old May 22nd, 2014, 10:47 PM   #954
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TD Bank could be main tenant in new 65-story NYC tower
http://nypost.com/2014/05/22/td-bank...5-story-tower/

[IMG]http://****************.wordpress.com/2014/05/2-photostd.jpg?w=720&h=480&crop=1[/IMG]

Quote:
TD Bank is in talks to move to a 65-story tower SL Green Realty Corp. has proposed for Madison Avenue and 42nd St. near Grand Central Terminal, The Post has learned.

The NJ-based bank would consolidate multiple divisions in the base of the planned 1.1 million square-foot building and would be its anchor tenant, according to sources briefed on the discussions.

The bank would also install a major flagship bank branch.

“It would include branding and signage and will really be somewhat dramatic,” said one source.

CBRE is the lead real-estate broker but the move would involve multiple bank divisions that are represented by other brokers.

SLG declined comment.

The project is tied to the stalled Midtown East rezoning that the de Blasio administration hopes to rework after making changes to address previous landmarking and other issues.

Alicia Glen, the deputy mayor for economic development, called it “an incredibly exciting project” in an interview with Crain’s New York Business.

Without identifying the tenant she added, “It’s a project that they’ve already identified a very high quality tenant that we would like to see come to New York.”
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Old May 22nd, 2014, 11:53 PM   #955
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Quote:
Originally Posted by Ghostface79 View Post
That's good news, now let's just hope they come up with another design, this one is kind of a mix between BOA and 30HY, you can't challenge the mighty ESB with just another copycat design.
I wonder which tower we will see rise first, 1 Vanderbilt, Hudson Spire or 2WTC? I say 1 Vanderbilt will be first and 2 WTC last.
The other positive is that office towers are poised to keep alive the supertall streak NYC is experiencing, since I expect a slowdown in those residential mega towers. I'm glad to see office buildings are back in contention.
Here's what I bet:

One Vanderbilt lands TD Bank and begins construction.
3 Hudson Boulevard lands Skadden and begins construction.
Hudson Spire lands Deutsche Bank and begins construction.
Three World Trade begins construction due to a yes vote.
50 Hudson Yards lands a tenant (perhaps Ralph Lauren ?) and begins construction.

I think we'll be waiting a while on Two World Trade Center.

Maybe UBS will agree to anchor it in several years when their lease in Connecticut is up.
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Old May 22nd, 2014, 11:57 PM   #956
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Quote:
Originally Posted by Lowkey Lion View Post
Here's what I bet:

One Vanderbilt lands TD Bank and begins construction.
3 Hudson Boulevard lands Skadden and begins construction.
Hudson Spire lands Deutsche Bank and begins construction.
Three World Trade begins construction due to a yes vote.
50 Hudson Yards lands a tenant (perhaps Ralph Lauren ?) and begins construction.

I think we'll be waiting a while on Two World Trade Center.

Maybe UBS will agree to anchor it in several years when their lease in Connecticut is up.
That would be a great scenario.
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Old May 22nd, 2014, 11:59 PM   #957
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I think 2WTC won't be that far off but certainly not until WTC3 is built out, unless something really unexpected occurs. Robert, er Lord Wellesley has me waiting in anticipation with bated breath!
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Old May 23rd, 2014, 12:01 AM   #958
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Not many companies seem to be hooked to the World Trade Center, and I think I can make assumptions as to why. Even with that said, they will eventually come, it just may take a while. In fact, there's already 3 negotiations going on with 1 and 4 WTC.
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Old May 23rd, 2014, 12:04 AM   #959
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Quote:
Originally Posted by LordArthurWellesley View Post
Another HUGE surprise is coming. Stay tuned, lads!
Give us a hint. Is it related to One Vanderbilt?
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Old May 23rd, 2014, 12:14 AM   #960
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Quote:
Originally Posted by LordArthurWellesley View Post
Sorry, man. No hints. Just sit back and believe in the power of the Big Apple!!!
Can you tell us when to expect this big surprise?
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