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Old June 3rd, 2012, 07:44 AM   #2101
el palmesano
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all the projects seem the same lately... :/
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Old June 4th, 2012, 05:13 PM   #2102
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16th supertall?!?!

Quote:
Originally Posted by RobertWalpole View Post
There's no information about the height of this structure, but between the rezoning and the small foot print, it will easily exceed 300m.

http://professional.wsj.com/article/...&mg=reno64-wsj

NY REAL ESTATE COMMERCIALJune 3, 2012, 10:26 p.m. ET SL Green's Dreams of Development .

By LAURA KUSISTO and ELIOT BROWN





SL Green Realty Corp., SLG -3.61%New York's largest office building owner but a relatively untested developer of new buildings, has taken a step forward in its ambitious plans to build a trophy office tower across the street from Grand Central Terminal.

SL Green has brought in one of the country's most prominent office developers, Hines of Houston, Texas, to act as a consultant on the 1.2 million-square-foot project. The team is in the preliminary stages of drawing up plans for the block-long site on Madison Avenue between 42nd and 43rd streets, according to people familiar with the matter.

Above, the block west of Grand Central Terminal where SL Green is planning to build a 1.2-million-square-foot office building.
.
SL Green has assembled the prime development site across from Grand Central Station by buying up low-rise buildings over the course of more than 10 years. It closed on the purchase of the last building, at 51 E. 42nd St., in December.

Of course, SL Green will need cooperation from the economy to be able to break ground. Typically developers don't move forward with major office projects without pre-leasing a big chunk of the space. Given the weak recovery and the rival developers who also have projects on the drawing board, it could be many years before the SL Green tower is built.

Still, SL Green executives clearly want to move forward. According to the transcript of an investor conference in December, Edward Piccinich, SL Green's executive vice president of property management and construction, said the company plans to build "a spectacular trophy asset with designs inspiration from around the world," drawing on iconic modern towers such as the Burj Khalifa in Dubai and the International Commerce Centre tower in Hong Kong.

"I imagined how the lines and the curves of these designs will make a huge impact on the city skyline. I thought about how great it would be [to] construct one of these tower[s] over Grand Central Terminal," Mr. Piccinich said.

While SL Green owns more than 25 million square feet of office space in the city, most of its development experience has been with overhauling existing office buildings.

Development of new buildings "is not in their DNA," says Michael Knott, an analyst at Green Street Advisors. "I don't think that they have an intention to dive headlong into ground-up development. It's more of a one-off, once-in-a-lifetime opportunity."

Hines, in contrast, is known for designing ambitious office towers with star architects, including Philip Johnson's Lipstick Building and the Skidmore, Owings & Merrill-designed 450 Lexington Ave. Indeed, fewer than five blocks away from the SL Green site, Hines has plans to build its own office tower overlooking Bryant Park.

SL Green's site would likely be included in a proposed rezoning of the area around Grand Central that would allow larger office buildings. The details of the rezoning haven't been settled.

The city is poised to see millions of square feet of new office space hit the market in the coming years, but much of it is at the World Trade Center and on the far west side. In the past two decades, there's been very little new construction in the Grand Central area, a highly desirable location because of its proximity to the commuting hub.That's, in part, because the current zoning makes it difficult for developers to build tall new office towers. "The fact that there's someone who's willing to build a modern office building [near Grand Central], that's sending a message that this will continue to be the most important business district in the city and around the world," says Steven Spinola, president of the Real Estate Board of New York.

Write to Laura Kusisto at [email protected] and Eliot Brown at [email protected]
The combination of high-profile site, small footprint and transferable air rights and incentives will easily push this development over 300 meters!
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Old June 4th, 2012, 05:59 PM   #2103
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Please make it stop.
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Old June 4th, 2012, 11:09 PM   #2104
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Quote:
Originally Posted by desertpunk View Post
The combination of high-profile site, small footprint and transferable air rights and incentives will easily push this development over 300 meters!

Yess! I can't wait for the details
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Old June 4th, 2012, 11:24 PM   #2105
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2 great buildings will be destroyed ... shame
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Old June 5th, 2012, 01:51 AM   #2106
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Again - NYC should finally start protecting It's unique heritage.

Demolishing those two would be a crime.
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Old June 5th, 2012, 03:40 AM   #2107
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WTF?? are they crazy?? please, people from new york. stop the ones that authorize demolish those buildings!!! they are destroying all the buildings that represents new york!! without these buildings, new york will look like some other city in china or wherever..

the city is loosing his charm...
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Old June 5th, 2012, 03:15 PM   #2108
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Yep, NYC will start to look like just another Chinese city if this keeps happening. Who cares if its a supertall, its not worth it. Replace the crappy 60s/70s towers instead.
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Old June 5th, 2012, 08:04 PM   #2109
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NY was just so AMAZING!!
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Old June 6th, 2012, 01:03 AM   #2110
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is there any page in facebook of people angry with taht?? In Buenos Aires or Montevideo for example there are pages on faceook called "Basta de Demoler"(enough of demolishing) and in Montevideo one that is called Basta de demoler Montevideo because comes after the one from Buenos Aires and they have their own web site. Is people from the city that wants to protect the heritahge of the city. I hope some people from NY do the same..
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Old June 6th, 2012, 01:06 AM   #2111
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oh! I search in facebook and.. :
http://www.facebook.com/pages/Stop-D...29323287115111

everyone on skyscrapercity should click like
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Old June 7th, 2012, 04:02 AM   #2112
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Foreign investment in NYC commercial properties doubles

"While foreign investment in New York City residential real estate has captured the headlines, Massey Knakal Realty Services Chairman Robert Knakal appeared on CNBC’s “Street Signs” this afternoon to say foreign investors have also sought commercial properties (see video above). He reported seeing twice as much foreign investment in real estate thus far in 2012 as he did during the same period last year...

...Like the residential buyers, commercial investors are making their investments completely in cash despite the record low mortgage rates. Knakal attributed the trend to global financial uncertainty and said foreigners most covet the highest-quality properties.

“They are loking at buildings in New York City as safety deposit boxes,” he said. The buildings provide an average annual return of about 4 percent to 6 percent, according to Knakal."
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Old June 8th, 2012, 12:52 AM   #2113
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Thomas Phifer and Partners Unveils Design for Corning Museum of Glass

New York practice Thomas Phifer and Partners have unveiled their design for the new 100,000 square foot North Wing expansion at the Corning Museum of Glass in Corning, New York. The state of the art, “energy smart” building will provide the ideal interior environment for preserving the Museum’s unparalleled collection of glass art through natural lighting, an intelligent building envelope and sophisticated temperature and air quality controls. The $64 million North Wing is scheduled for completion in 2014. http://www.archdaily.com/242055/thom...seum-of-glass/













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Old June 8th, 2012, 10:33 PM   #2114
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simple design outside...and VERY simple inside
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Old June 9th, 2012, 01:57 AM   #2115
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I made my own NYC diagram:


Last edited by Varghedin; June 9th, 2012 at 02:11 AM.
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Old June 9th, 2012, 09:53 PM   #2116
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Nice diagram, but what does the blue mean again?
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Old June 10th, 2012, 02:06 AM   #2117
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Means that are just proposals for now.
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Old June 10th, 2012, 04:54 AM   #2118
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So is this just a generic picture or is the "mystery supertall" actually gonna get built in this space. That would be a grave injustice to architecture, to history and to New York's cultural heritage. Call me old-fashioned, but I'd rather keep these gems than build another supertall. There are plenty of spaces in New York for supertalls. These two need to be saved and protected. A lot of people here on SSC thinks being a fan of skyscrapers means rooting for taller and taller structures and that's not right
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Old June 10th, 2012, 08:27 AM   #2119
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Quote:
Originally Posted by el palmesano
oh! I search in facebook and.. :
http://www.facebook.com/pages/Stop-D...29323287115111

everyone on skyscrapercity should click like
No way!
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Old June 11th, 2012, 02:59 AM   #2120
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No way what? It's important to protect historical identity, everywhere in the world.

NYC is just losing more and more of it and that's a huge failure.
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