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Old January 31st, 2013, 08:48 PM   #21
Eric Offereins
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it would be a huge hotel anyway.
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Old February 12th, 2013, 05:05 AM   #22
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Quote:
Originally Posted by blacktrojan3921 View Post
That's going to be a lot of rooms for a single hotel. Anybody got an idea on who's going to operate this? Shangri-la? Four Seasons? Sheraton? Hilton? Best Western?~
My sources say it will be a flagship Motel 6
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Old February 12th, 2013, 11:09 PM   #23
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Why is this in here now ? We have almost no information whatsoever on this project other than a vague reference to floor area. This isn't even a proposal yet , just talk of a future deal.

Seriously , this is ridiculous and this thread should be closed.
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Old February 12th, 2013, 11:45 PM   #24
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Quote:
Originally Posted by Spocket View Post
We have almost no information whatsoever on this project other than a vague reference to floor area.
And the fact that the city expects this to be developed when the Midtown rezoning is passed, that alone merits it's inclusion here. There are some towers that are way more speculative than this one, but are still included because they aren't visions.
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Old February 13th, 2013, 02:07 AM   #25
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Quote:
Originally Posted by Spocket View Post
Why is this in here now ? We have almost no information whatsoever on this project other than a vague reference to floor area. This isn't even a proposal yet , just talk of a future deal.

Seriously , this is ridiculous and this thread should be closed.
A site like this doesn't become a McDonalds. Anything fully entitled (with the rezoning) to nearly 1 million sq. ft. such as this is going to get built out FULLY to nearly 1 million sq. ft. It doesn't take a doctorate in math to figure out the dimensions of the tower that will go up at this site. Let's look at another property Extell bought: 225 W.57th St. That tower is around 1.2 million sq ft. and will be 1,550 ft tall. And 200k sq. ft. of that will be a Nordstroms at the base! NYC developers don't waste any space available to them, not at these prices. Why do you think so many buildings in NYC are boxes?

Most likely the re-zoning will go through after a number of buildings in the area have been landmarked. Nobody is going to landmark a parking garage.
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Last edited by desertpunk; February 13th, 2013 at 02:14 AM.
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Old February 18th, 2013, 04:51 AM   #26
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Quote:
Originally Posted by Winoc View Post
And the fact that the city expects this to be developed when the Midtown rezoning is passed, that alone merits it's inclusion here. There are some towers that are way more speculative than this one, but are still included because they aren't visions.
Fine but they shouldn't be here either then.

Look , I'm sure you guys are excited about the potential here but you have NO IDEA what's actually going to up here exactly other than approximate floor area. This isn't a proposal because NOTHING HAS BEEN PROPOSED.
No height , no render , not even a picture of a placeholder. Every city on Earth could flood this place with "proposals" just because a piece of land was purchased and the local government green lit a few basic facts about what a developer could do with said property.
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Old February 18th, 2013, 11:15 PM   #27
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Oh yeah, maybe they will build a barn there.
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Old February 21st, 2013, 07:56 PM   #28
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Calm down. To be fair he is right. The thread title says proposed, while no project has been proposed. Given what information there is, you'd be pushing it just to label it 'pre-planning'.
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Old February 21st, 2013, 08:44 PM   #29
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That would be prep for short in the topic title.
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Old February 21st, 2013, 09:19 PM   #30
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shall be pre-pro then lol.
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Old February 22nd, 2013, 04:55 PM   #31
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Quote:
Originally Posted by Eric Offereins View Post
That would be prep for short in the topic title.
I think prep means site preparation, which would require a proposal first.
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Old February 22nd, 2013, 05:02 PM   #32
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Quote:
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I think prep means site preparation, which would require a proposal first.
does it? we saw some chinese buildings become U/C before we saw any renders

but yeah this building is not prep nor pro, i think if zorg saw this he would close it like he does with all the other projects that have not enough information about them.
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Old February 22nd, 2013, 05:18 PM   #33
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Yep, usually that is the order. And no renders doesn't mean it can't be u/c.
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Old February 23rd, 2013, 06:02 AM   #34
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Quote:
Originally Posted by KillerZavatar View Post
does it? we saw some chinese buildings become U/C before we saw any renders

but yeah this building is not prep nor pro, i think if zorg saw this he would close it like he does with all the other projects that have not enough information about them.
Yes, as far as Skyscraper City rules go (to my knowledge). And as the post above states, buildings can be U/C before renders are revealed. It happens in New York too, they don't have an obligation to show the images to the public as they do in some places. At the moment, there is no project for this site, known to the public or otherwise, that can be discerned by what is said in the first post. I don't get why people were angry at Spocket.
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Old February 23rd, 2013, 04:47 PM   #35
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Not sure what all that discusion is for. There is no proposal for this site YET, and so t his thread should be closed - simple. But it wont since mods apparently treat ny threads with special sympathy. You just have to get over it guys
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Old February 23rd, 2013, 05:51 PM   #36
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with the current progress of supertalls in NYC i wouldn't wonder if we would get some news about this site this year
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Old March 20th, 2013, 10:36 PM   #37
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http://therealdeal.com/blog/2013/03/...own-east-site/

Extell set to grow Midtown East site
Firm has three buildings within a larger parcel that city projects could be 925K sf hotel
March 20, 2013 03:00PM
By Adam Pincus


From left: Gary Barnett and 143 East 49th Street (credit: PropertyShark)


Extell Development is buying a small building on 49th Street in Midtown East that would add to a garage and a mixed-use building that the company already owns on the block between Lexington and Third avenues. Extell signed a contract on the four-story 143 East 49th Street from Ramosar Realty last April, and plans to close the purchase on or before June 30, city property records filed this month say. No price was given for the purchase of the 4,875-square foot residential and retail building that is squeezed between the hotel and another apartment building.

This would be the third contiguous building that Extell owns on the block. The largest so far is the seven-story garage at 138 East 50th Street, that Extell purchased for $60.9 million on Dec. 1, 2011. It has 120,492 square feet of development rights. On the same day, a company affiliated with Extell purchased 151 East 49th Street for $9.6 million, city records show. That four-story structure comes with 22,080 square feet of development rights, data from PropertyShark shows.

It is not known if Extell is building a modest tower, or something larger, because the firm did not respond to requests for comment. However, these three buildings are within a larger footprint, identified as site number 17, that Mayor Michael Bloomberg’s Midtown East rezoning proposal envisions could be redeveloped as a massive 924,893-square-foot hotel if a total of six parcels were combined. The largest building within the potential site is the W New York at 541 Lexington Avenue, owned by Host Hotels & Resorts.

The city’s plan identified site 17, fronting Lexington Avenue between 49th and 50th streets, for a large hotel. Barnett now owns three of the six parcels the city projects would be part of the large site.

Host Hotels did not respond to a question asking if it was negotiating with Extell to redevelop the site. An individual who would not identify himself at Ramosar Realty denied the building was for sale.

Extell, headed by president Gary Barnett, is the most active builder in Manhattan, a survey by The Real Deal found, with at least 11 active projects totaling 5.7 million square feet. This potential site and other similar parcels were not included in that count.

The memorandum of contract noting the expected sale of 143 East 49th Street was signed by Extell’s Executive Vice President Dov Hertz and recorded on March 6, city records show.

Tags: extell development, Midtown East Rezoning
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Old October 17th, 2013, 06:26 AM   #38
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For the record:

Extell Unloads Midtown East Assemblage



Quote:
August 22, 2013 12:47PM

Gary Barnett’s Extell Development sold a development site that lies within Mayor Michael Bloomberg’s ambitious Midtown East rezoning plan last week to a joint venture including Robert Skolnick and Ceruzzi Properties, several sources told The Real Deal.

The site includes 138 East 50th Street and 151 East 49th Street, between Third and Lexington avenues, as well as air rights from neighboring buildings. The two sites combined have development rights of just over 70,000 square feet, according to PropertyShark, in addition to an unknown amount of air rights. The price of the deal was not immediately known.

Skolnick and Ceruzzi purchased the site of the famed restaurant Elaine’s at 1703-1705 Second Avenue on the Upper East Side in January 2012 for $8.045 million.

Extell has been pruning its collection of development sites in recent months. This month, the developer sold 112 West 25th Street, between Fifth and Sixth avenues, to hotel developer John Lam for $67.5 million. And in June, the firm announced it would swap its 1 Hudson Yards site, with plans for a 1.7 million-square-foot commercial tower, with a site at Eighth Avenue and West 45th Street that the Related Companies owns with Boston Properties.
It remains to be seen how much more the new owners want before they proceed.
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Old October 18th, 2013, 04:00 AM   #39
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New possibility for tallest hotel in the States?
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Old October 18th, 2013, 06:13 AM   #40
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Question: in the article desertpunk excerpted, the "development rights" of the two plots comes to 70,000 sq. feet. Is that equivalent to "lot size", meaning the square footage of the two lots combined?
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