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Old June 6th, 2014, 08:00 PM   #141
RegentHouse
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It would be too costly to design something that structurally complex, and exceed the cost of buying the entire block. Maybe the developer will buy 33 East 22nd Street, and redesign the tower to cantilever over 29 East instead. It would actually make an impression on the skyline.
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Old June 7th, 2014, 03:39 AM   #142
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Quote:
Originally Posted by RegentHouse View Post
It would be too costly to design something that structurally complex, and exceed the cost of buying the entire block. Maybe the developer will buy 33 East 22nd Street, and redesign the tower to cantilever over 29 East instead. It would actually make an impression on the skyline.
It's possible, as even new representations aren't fixed in stone until the building is ready for construction.
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Old June 7th, 2014, 03:57 AM   #143
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The Madison Park area is on fire! The base of this building is also very classy. Hopefully it's in limestone and not concrete like 30 Park Place (not that it even looks bad IMHO, limestone is just better).
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Old June 7th, 2014, 11:57 PM   #144
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ls this financed?
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Old August 7th, 2014, 08:40 PM   #145
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Digging on the 7th of August, 2014




The fact that Extell hasn't posted an image leaves me to wonder if we've seen the final design.







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Old August 18th, 2014, 05:51 AM   #146
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Quote:
Originally Posted by RegentHouse View Post
Unlike 217 West 57th Street, I find this ridiculous because it cantilevers over a crappy low-rise building of no architectural value by NYC standards. If somebody wants to redevelop said building, they won't be able to go tall because this toothpick is in the way.

They couldn't substantially redevelop it even if it wasn't cantilevered.

They sold their air rights which a) enabled 45 E 22nd to reach it's current height and b) allowed it to cantilever over the building. If the low-rise wouldn't have sold the air rights, then this building likely wouldn't have been as tall. You'd have 2 shorter buildings.
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Old September 11th, 2014, 04:30 AM   #147
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Old September 11th, 2014, 11:09 PM   #148
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Old September 12th, 2014, 03:27 PM   #149
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Awesome project!
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Old September 12th, 2014, 09:43 PM   #150
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It has a cantilever! It pays homage to one wtc! What's not to like ladies and gents!?!?
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Old September 13th, 2014, 08:08 AM   #151
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A rather awkward juxtaposition, I'd say.
Elevators, fire stairs, structure, plumbing and mechanical systems must pretty much fill up the lower floors.
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Old September 13th, 2014, 08:18 AM   #152
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I'm curious what the podium cladding will be. Looks like textured stone?
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Old September 13th, 2014, 08:32 AM   #153
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I'm curious what the podium cladding will be. Looks like textured stone?
It does looks like retro split-face stonework.
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Old September 18th, 2014, 09:07 AM   #154
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Quote:
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A rather awkward juxtaposition, I'd say.
Elevators, fire stairs, structure, plumbing and mechanical systems must pretty much fill up the lower floors.
It really does not take up that much space in a building that skinny. All of that would fit into a core of 25'x25' or 25'x30', depending on the floor to floor height. New York City allows scissor stairs (two interlocking staircases) if you have two elevators. This allows for very skinny buildings! There is very little demand on those services because each apartment takes up a whole floor, possibly 2. That means there are very few occupants compared with a fat building.

http://streeteasy.com/building/45-ea...treet-new_york
StreetEasy claims that this building will have 83 units and will be completed in 2016. They better get moving!
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Old October 6th, 2014, 08:20 PM   #155
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Financing secured: http://blogs.wsj.com/developments/20...h/?mod=WSJBlog

Quote:
Eichner Lands $420 Million to Build NYC Condo For Super-Rich

Ian Bruce Eichner’s comeback is gathering steam.

The New York developer, who suffered high-profile failures in two real estate busts, late last week secured $420 million in financing for a nearly 800-foot condo tower just south of Madison Square Park in Manhattan, according to multiple people familiar with the financing.

The commitments – including more than $340 million from a Goldman Sachs Group debt fund and more than $80 million in preferred equity from Dune Real Estate Partners and Fortress Investment Group — give the planned glassy tower the funding to be completed, these people said.

The deal marks a remarkable turn for Mr. Eichner, who became an early face of the last real estate bust when his planned $4 billion Cosmopolitan of Las Vegas resort casino stalled amid a credit crunch. After he was unable to refinance a loan, he surrendered the development to Deutsche Bank, which completed it and sold it to Blackstone Group earlier this year.

---

The deal for the tower at 45 East 22nd Street is the latest luxury condo tower to get financed in New York, joining a string of towers that have been selling units for well over $3,000 per square foot, a sum considered eye-popping just a few years ago. An influx of foreign buyers and growing ranks of the wealthy have helped propel the market, which, in turn, has pushed up the price of land throughout Manhattan.

Of course, many wonder how much depth there is to the pool of super-wealthy condo buyers. A slowdown in the sales at Gary Barnett’s One57 turned heads when it was reported in last month.

Mr. Eichner’s project, however, has some advantages. It has a lower land cost than many projects being planned today, given that he struck his deals to buy the land well over a year ago, when land was cheaper. In addition, few other large developments sit near Madison Square Park.

Construction has already begun, and the project even has a preliminary website. Sales are expected to begin later this fall.

[...]


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Old October 11th, 2014, 07:32 AM   #156
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Another Glass Tower at Madison Square
http://www.nytimes.com/2014/10/12/re...uare.html?_r=0

Quote:
In a neighborhood not yet overrun by luxury condominiums but very much in vogue with globe-trotters wishing to acquire a residence with the caliber of amenities and views only a skyscraper can reliably deliver, 45 East 22nd Street is about to assert itself just a stone’s throw from Madison Square Park’s only other modern glass-skinned tower, One Madison.

The 65-story skyscraper will top off at 777 feet, besting One Madison by about 150 feet. But unlike other towers going up around town, the floor plate for this one will expand as the building rises. At ground level, the site measures 75 feet wide, but the glass tower incorporates a subtle 17-foot cantilever above its low-rise neighbor to the west, which allows the building to grow progressively wider as it rises, insuring that every apartment is slightly different in size. It culminates in a 7,000-square-foot duplex penthouse on the 64th and 65th floor, with the top floor measuring 125 feet wide.

Paul Katz, a principal of Kohn Pedersen Fox Associates, which designed the building and is the firm behind the master plan for Hudson Yards, described the tower as “a flaring, Brancusi-esque sculptural form.” Construction at the site, cobbled together from an assemblage of air rights and demolitions on East 22nd Street, is expected to start in February. A sales office opens this month, and the anticipated move-in date for the first wave of buyers of the 83 units, which will range from $2.5 million to $42.5 million, is December 2016.

A spokesman for One Madison said that the arrival of 45 East 22nd Street poses no serious danger to the ballyhooed views from the incumbent tower where Rupert Murdoch secured the triplex penthouse and a full-floor condo beneath it. Only lower-floor views in the direction of Stuyvesant Town are potentially affected, the spokesman said.

In a neighborhood not yet overrun by luxury condominiums but very much in vogue with globe-trotters wishing to acquire a residence with the caliber of amenities and views only a skyscraper can reliably deliver, 45 East 22nd Street is about to assert itself just a stone’s throw from Madison Square Park’s only other modern glass-skinned tower, One Madison.

The 65-story skyscraper will top off at 777 feet, besting One Madison by about 150 feet. But unlike other towers going up around town, the floor plate for this one will expand as the building rises. At ground level, the site measures 75 feet wide, but the glass tower incorporates a subtle 17-foot cantilever above its low-rise neighbor to the west, which allows the building to grow progressively wider as it rises, insuring that every apartment is slightly different in size. It culminates in a 7,000-square-foot duplex penthouse on the 64th and 65th floor, with the top floor measuring 125 feet wide.

Paul Katz, a principal of Kohn Pedersen Fox Associates, which designed the building and is the firm behind the master plan for Hudson Yards, described the tower as “a flaring, Brancusi-esque sculptural form.” Construction at the site, cobbled together from an assemblage of air rights and demolitions on East 22nd Street, is expected to start in February. A sales office opens this month, and the anticipated move-in date for the first wave of buyers of the 83 units, which will range from $2.5 million to $42.5 million, is December 2016.

A spokesman for One Madison said that the arrival of 45 East 22nd Street poses no serious danger to the ballyhooed views from the incumbent tower where Rupert Murdoch secured the triplex penthouse and a full-floor condo beneath it. Only lower-floor views in the direction of Stuyvesant Town are potentially affected, the spokesman said.


The sales office for a new condo skyscraper planned at 45 East 22nd Street opens this month, with an anticipated move-in date set for late 2016.
RENDERING FROM WILLIAMS NEW YORK

The new tower’s developer, the Continuum Company’s indefatigable Ian Bruce Eichner, has a complicated history with One Madison. He tried unsuccessfully to buy One Madison in 2010, after the building ran into financial trouble and was hobbled by debt and multiple lawsuits; the Related Companies, the CIM Group and the HFZ Capital Group later emerged as the new owners. This time, Mr. Eichner did his due diligence in obtaining financing for his multimillion-dollar project at 45 East 22nd Street: Goldman Sachs provided a $340 million construction loan, with an additional $80 million from the Fortress Investment Group and Dune Real Estate Partners.

In a recent interview at the sales office at 315 Park Avenue South, Mr. Eichner described the financing, architectural plan, interior design and amenity packages as “fully baked. The only things we haven’t picked out and bought yet are the mailboxes.” Mr. Eichner, whose previous projects include One Broadway Place, CitySpire and the Continuum South Beach, says he feels the opportunity to build a significant tower in an iconic Manhattan neighborhood is a one-off. “Look, I’m a senior citizen, and I don’t see myself ever getting to do anything like this again in my lifetime,” he said. The glass tower will have what KPF describes as a “contextually appropriate” rusticated granite base reminiscent of a grand manor house, carved from the same type of stone used for the historic United States Custom House in downtown Manhattan.

There will be no more than two apartments per floor, and residences will begin on the equivalent of the ninth floor, with full-floor units from the 55th floor. Lower floors will be dedicated to building amenities. The views from the upper floors will include the Hudson and East Rivers, the Chrysler and Empire State Buildings and Gramercy Park. But even buyers of the smaller apartments on lower floors will have access to the building’s so-called Upper Club on the 54th floor for private dining and entertaining.

One-bedrooms will average 1,074 square feet and cost $2.5 million. The two variants of two-bedroom apartments will cost $4.49 million for 1,497 square feet and $4.87 million for 1,525 square feet. Three-bedrooms will start at $6.04 million for 2,153 square feet. None of the apartments will have private outdoor space, but there will be a terrace on the fifth floor, which will also house a lounge, billiards room and card room. The fourth floor will have a fitness center, and there will be a children’s playroom, golf simulator, yoga studio and half-court basketball facility on the second floor.

The interior design is by the Martin Brudnizki Design Studio of New York and London. According to Mr. Brudnizki, buyers will be able to select from three finishes for the floors and kitchen cabinetry, and all interior corners will be rounded: “The softness is in the details, and every apartment will have a personality,” he said.

The Corcoran Sunshine Marketing Group is handling the sales.
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Old October 11th, 2014, 09:51 AM   #157
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pics from wednesday 10/8 - making excavation progress





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Old October 31st, 2014, 08:10 PM   #158
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Article from Curbed today:

Quote:
Top-Heavy Flatiron Tower On the Market From $2.5 Million

Name: 45 East 22nd Street
Developer: Coninuum Company
Design: Martin Brudnizki Design Studio
Sales & Marketing: Corcoran
Size: 83 apartments over 65 floors
Pricing: From $2.5 million

When it's complete, the condo tower at 45 East 22nd Street will be the tallest building in the Flatiron District, measuring in at 777 feet. While its a ways away from topping out, the Continuum Company-developed building just hit the market with nine listings that range from a 2BR/2BA asking $2.5 million to a full-floor 4BR/4.5BA asking $19.9 million. What's interesting about the Kohn Pedersen Fox-designed tower is that it trumpets, or cantilevers, out as it rises, meaning as units get higher, their floorplans get larger and with that, more expensive. Word is that the building's penthouse will go for more than $40 million (and will probably be considerably larger than the 4,651-square-foot full-floor apartment being offered for $19.9 million now). Although its design is forward for the neighborhood, the building makes an attempt to fit in with a granite base that the Post says is reminiscent of a 19th century manor house.














All images from the official site


Several floorplans are included on the site and in the Curbed article as well.

At first glance, I'm very surprised by these asking prices. This site is practically on Madison Square Park, in a much more desirable part of town to actually live in than the 57th Street corridor. If I had the dough, I would buy here in a heartbeat.
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Old October 31st, 2014, 08:22 PM   #159
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Great design!the base is amazing...
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Old October 31st, 2014, 08:31 PM   #160
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Agreed. The base is lovely and appropriate to the area without looking stodgy. Technically postmodern but somehow looks both classic and coolly contemporary at the same time. I wonder what kind of stone they're going to use.

I don't think I realized just how much taller this would be than One Madison and Metropolitan Life. Those views are going to be staggering -- and personally, while a Central Park view is clearly a huge selling point for the 57th Street towers, I would much prefer these views with Midtown and Downtown on either side. A skyscraper nerd's dream location.
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