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Old January 10th, 2012, 01:10 AM   #1781
Myster E
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I'm not surprised this being NYC, not a week goes when you hear about another supertall proposal in the pipeline, absolutely amazing city unrivalled IMO.
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Old January 11th, 2012, 12:06 AM   #1782
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3WTC rises above street grade:

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WTC 3 construct by Ro.E.H, on Flickr
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Old January 11th, 2012, 11:53 PM   #1783
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Bids to develop two Riverside towers due this month
January 11, 2012 09:30AM



Just a handful of bidders remain for 1.35 million of Extell Development and Carlyle Group’s buildable square feet along West End Avenue, and final bids are due by the end of the month. But the New York Post reported that the site is burdened by several major restrictions.

The parcel, named Riverside Center, is located between West 59th and 61st streets, the southernmost part of the massive Riverside South complex. The portion for sale is slated for two residential towers of 43 and 44 stories.

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Riverside Center
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Old January 13th, 2012, 08:11 AM   #1784
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“Over Pier, We Have A New Plan!” More Developments at South St. Seaport

By Stephen Duffy 1/12 5:42pm



Avast, downtown!

Howard Hughes Corp. is set to reveal its plans for the renovation of Pier 17 at South Street Seaport, according to Crain’s. The plans will first have to get the all clear from Landmarks Preservation Commission, which oversees the seaport historic district, and it is hoped the plans will be submitted sometime in the first half of 2012.

The bid faced opposition in the past from the commission when it was presented by General Growth three years ago, prior to the massive mall operator’s bankruptcy.

Dogged in the past by building problems, the firm is ready to move forward with its presentation, after they recently conducted “thought-provoking” discussions with city organizations. One of these was with the Landmarks Preservation Commission, who they recently met a number of times, according to Crains New York.

Howard Hughes, a spin off of the bankrupt General Growth Properties, are treading carefully, considering their plans astutely, so that they are sure to appease the locals. The last leaseholder of the Seaport incurred their wrath after they proposed a large tower on the site. To satiate them, some of the latest plans being drawn up by SHoP Architects, the pier’s designers, are thought to include more greenery and greater access to the street.

The delay in the pier project has be aided by an almost comic communications failure. In 2008, Community Board 1 approved the then General Growth plan once they they set aside space for a new school. Then they committed a complete about turn, rescinding their decision, after the city said they didn’t need a school there.

Julie Menin, chair of CB1 and nascent borough president, told Crains that the board wanted to see the plans for the pier in the context of the whole development.

Once Landmarks is through with the project, it is on to City Planning and the City Council for a whole other round of reviews and approvals.

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Old January 13th, 2012, 08:17 AM   #1785
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New Glassy Offices For The High Line



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The High Line is turning into the new Park Avenue. On the northern end are luxe apartment buildings, some of the finest in the city, and to the south, cutting edge office towers. While it is not quite Seagrams or Lever House, 837 Washington and the High Line Building are nothing to sneeze at. Now the Albanese Organization is constructing yet another such project, according to the Times, though it will be a little farther north, on 22nd Street.

Even long before Google purchased 111 Eighth Avenue, this was a popular place for hip companies to set up shop, and since some corners of the area were not rezoned residential, it can be cheaper to build boutique offices than boutique condos. That seems to be the thinking this time out.

Quote:
Brokers and landlords in the area are keeping a close eye on the development. “The office market down here is relatively small when it comes to number of buildings,” said Charles R. Bendit, a co-chief executive at Taconic Investment Partners, which owns several buildings in the neighborhood. “I’m not sure what the demand is for 100,000-square-feet signature properties like this, but I would say there are a lot of cool companies that want to plant their flag down here. It will be very interesting to see how they do.”
The project is being designed by Cook + Fox Architects, and the hope is to create a LEED Platinum building, just like the firm’s work for the Durst Organization at One Bryant Park.
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Old January 13th, 2012, 09:23 PM   #1786
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I really love this project, so classy & impressive! It looks like the polish project indeed but who cares, as long as they're both built... .

Well done NY!!!
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Old January 14th, 2012, 01:32 AM   #1787
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City weighs promoting upgrades in aging Midtown East office buildings



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Having already ceded some of its demand to recent upstart office markets like Midtown South and downtown Manhattan, Midtown East is the subject of a Department of City Planning review intending to probe whether it needs to incentivize commercial property upgrades in the area, Crain’s reported.

Midtown East has more than 70 million square feet of office space, 13 Fortune 500 companies and about 250,000 jobs. But few new office buildings have been built in the area of late, and the aging stock could become increasingly disadvantageous as tech firms play a larger role in the office leasing market. Crain’s said current regulations may be discouraging landlords from making improvements.
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Old January 17th, 2012, 11:30 PM   #1788
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For the record

The New York real estate records smashed in 2011

January 03, 2012
By Leigh Kamping-Carder



Even in a year marked by continued economic malaise, buyers, sellers, landlords, lenders, builders, investors and even tourists broke records in New York in 2011. Below, a list of the all-time highs — and lows — reached in the last year.

Tallest buildings

Several developers last year made headway on towers that, when built, are set to surpass the highest points in the current skyline. The most notable, of course, is One World Trade Center, which will be New York’s tallest building when it reaches its full height of 1,776 feet.

The lofty One57 condo tower, which broke ground about six months ago, is slated to become the city’s tallest residential building at 1,000 feet, eclipsing the current residential giant: the 870-foot New York by Gehry at 8 Spruce Street.

Marriott International’s under-construction hotel at 1717 Broadway, which was announced in August, is set to become the tallest standalone hotel structure at nearly 753 feet. Meanwhile, Bruce Ratner’s Forest City Ratner recently unveiled plans to build the largest-ever prefabricated tower, which would rise 32 stories at Brooklyn’s Atlantic Yards (see story on page 62).

Priciest office tower

One World Trade Center is not only tall — it’s expensive. Indeed, at $3.2 billion, or $1,250 per square foot, the central structure to go up as part of the World Trade Center’s reconstruction dwarfs the cost of other glitzy office buildings in the city — and the country.

Priciest retail buy

Spain’s Inditex, parent company of fashion retailer Zara, in March closed on a deal to pay $331.6 million for a 39,000-square-foot slice of a 666 Fifth Avenue retail condo, city records show. At $8,300 per square foot, it was the highest price ever paid for a U.S. retail property, according to Real Capital Analytics data.

Highest retail asking rent

In April, Vornado Realty Trust began quietly shopping the 1,402-square-foot retail space at 691 Fifth Avenue occupied by Elizabeth Arden’s Red Door Spa, sources said. Several brokers told The Real Deal at the time that the $3,000-per-square-foot asking rent for the ground-floor space was a record for Fifth Avenue, the city’s priciest retail district. The property is still available, according to Vornado’s website, but the broker handling the listing was not immediately available for comment.

Priciest residential sale

The sale of former Citigroup chairman Sandy Weill’s 15 Central Park West penthouse may be the most expensive residential deal ever. Weill put the spread on the market in November for $88 million and vowed to donate the proceeds to charity. Mere weeks later, he found a buyer. Ekaterina Rybolovleva, the 22-year-old daughter of Russian fertilizer magnate Dmitry Rybolovlev, claimed to be the purchaser, saying through a spokesperson that she plans to stay there while studying at a U.S. university. The spokesperson declined to confirm how much Rybolovleva paid, and public records on the final price won’t be available until the sale closes. But even at a generous 39 percent discount, the price would knock out J. Christopher Flowers’s 2006 purchase of the Harkness Mansion, which set the bar at $53 million.

Priciest foreclosure auction

The Henry T. Sloane Mansion at 18 East 68th Street, once on the market for $64 million, could have set a record for the city’s priciest townhouse sale. Instead, it went to billionaire Alexander Rovt at the city’s costliest foreclosure auction in June. Rovt, who also made his fortune in fertilizer, successfully bid nearly $40 million — the total owed to first mortgage lender Madison Realty Capital.

Record residential asking price

The estate of fitness mogul Lucille Roberts put the Woolworth Mansion on 4 East 80th Street up for sale in March. The $90 million asking price is the largest on record for a townhouse property (see story on page 43.)

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Tourist volume

The number of hotel rooms in New York hit a record high of 90,000 in 2011, growing 24 percent from 2006, according to Mayor Michael Bloomberg, who has been pushing to increase tourism to the city. Likewise, the 50.2 million tourists who visited New York last year represented the highest number yet, topping the 48.8 million who came in 2010.

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Last edited by desertpunk; January 23rd, 2012 at 04:16 AM.
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Old January 17th, 2012, 11:35 PM   #1789
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W 42nd St To Gain New Hotels

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136 W 42nd St


The high-profile block of West 42nd Street between Sixth and Seventh avenues has long needed an upgrade, according to the New York Post, and after tracking developments on the block it’s clear that progress is being made.

The partnership of Highgate Holdings, Crown Acquisitions and Ashkenazy Acquisitions has completed interior demolition work in its bid to revert the former Knickerbocker Hotel, at 1466 Broadway, back to a luxury hotel from Class B office space. Highgate has filed paperwork to construct model hotel rooms on the ground floor. Next door, at 136 West 42nd Street, the partnership is slated to begin construction in April on a hotel it will sell to Diamond Rock Hospitality. But the partners will hold on to the ground-floor retail and market it through Cushman & Wakefield.
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Old January 19th, 2012, 11:30 PM   #1790
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thx desertpunk for posting all the news
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Old January 20th, 2012, 07:22 AM   #1791
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You're welcome!


Nothing to See There at New Four Points on Platt Street


realhospitality group

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A new rendering of the planned 264-room Four Points by Sheraton at 6 Platt Street may be a brilliant new concept in increasing the hotel's pay-per-view revenue by placing guests in windowless rooms with nothing else to look at but the TV. Our first impression of the rendering was that we were looking at an inversion of SOM's Toren in Brooklyn, with the ratio of dimpled aluminum accent panels per window turned upside down. We know that the privacy of hotel guests is probably a concern along the narrow canyons of the Financial District, but we hope that the solution devised by Nobutaka Ashihara and the Lam Group wasn't to make 80% of the building's 27-story facade opaque.
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Old January 20th, 2012, 07:23 AM   #1792
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TheRealDeal

Quote:
NYU 2031 Plans Cast Their Shadow Over Greenwich Village
Thursday, January 19, 2012, by Pete Davies

After sitting through a slew of NYU 2031 presentations, the local populace will get its turn to say a thing or ten when Community Board 2 gathers tonight for a full board neeting at PS 41 in Greenwich Village. Over the past two weeks the public has been meeting with Big Purple and the university's design teams; the five nights of hearings covered everything from open space to sky exposure planes. The planning professionals all used the driest of prose to sell their big expansion proposal, intoning in ULURP-speak about traffic, noise, and shadows that will fill the blocks south of Washington Square for the next two decades.



Beyond the pretty pictures showing trees and flowers that will bloom some twenty years hence, NYU came armed with charts and tables. University officials reported that construction noise will hover just below the allowable maximum decibel level and that traffic signals in the area can be adjusted by a second or two to keep things moving, with barely a wait for anyone. Villagers who were watching weren't buying it, especially the folks living nearby who might want to open their windows or step out for a walk at some point prior to 2031.

Nearby residents questioned the validity of Big Purple's data and an NYU faculty member declared that the massive expansion doesn't have the support of a broad range of either faculty or students. The professor said it shouldn't be called the "NYU Plan" but rather the "Sexton Plan," laying the blame for the proposal on the ambition of NYU President John Sexton.

[...]
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Old January 20th, 2012, 07:24 AM   #1793
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Curbed

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East Village Turning Luxurious East Side



The gilding of the East Village slowed when the market downturn put the brakes on financing for new developments, but properties that got built or set in motion are now starting to fill. The idea that people would be willing to build—and pay for—multi-million-dollar units east of Avenue A would have gotten one written off as a Tompkins Square Park babbler or locked up in Bellevue 20 years ago. Now, a penthouse two blocks north of Tompkins Square is listing for $1.7 million. A few blocks away, musician John Legend is asking more than $2,000 a square foot ($2.95 million) for his 2BR condo. Up on Third Avenue and 11th, 123 Third is offering duplex and full-floor penthouses on the same lot that housed a porn store and a nail salon five years ago. Time to rename Loisaida Avenue, El Dorado Drive?

[...]
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Old January 20th, 2012, 07:25 AM   #1794
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:wow: Interesting proyects!
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Old January 20th, 2012, 07:26 AM   #1795
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yeah, very interesting!, I love NY
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Old January 20th, 2012, 07:32 AM   #1796
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It's touches the sky. these buildings are really so high.
corbett tour package
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Old January 20th, 2012, 11:33 AM   #1797
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Related has inked a contract with a California builder for $4 billion Hudson Yards project. http://therealdeal.com/blog/2012/01/...-construction/

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Old January 20th, 2012, 01:45 PM   #1798
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Desertpunk, you are the man!
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Old January 20th, 2012, 03:37 PM   #1799
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Ugly ...
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Old January 20th, 2012, 04:01 PM   #1800
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to me, it looks nice
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