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Old May 27th, 2007, 06:49 PM   #21
VikkyD
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any pictures of the building that currently occupies the spot?
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Old May 27th, 2007, 07:38 PM   #22
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Its on the first page, the green copper topped building thats 13 floors or so.
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Old May 27th, 2007, 11:47 PM   #23
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nice looking tower...glass and shape..will help lower Man. transfor along with the GS building and WTC complex...the new Man. for the 21st century
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Old May 28th, 2007, 12:14 AM   #24
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Not to mention 111 Washington and another tall one next door to 50 West.. oh and 123 Albany somewheres around 650 ft I think. Yep yep it's a new era and certain folks are going to have to accept that and adjust. Theres more than enough preserved, landmarked, historic architecture THAT we can spare. Sad that this little one's gotta go I guess but it's worth it to see the city grow. There really is not too much more land to develop in Manhattan and it's going to have to happen sooner or later. I'd rather be a development junkie than be anti- development. This being skyscrapercity and all.
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Old May 28th, 2007, 01:09 AM   #25
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i like the way the developer worded it as a "shot in the arm" for downtown.
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Old May 28th, 2007, 01:05 PM   #26
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So a typical NYC building will be demolished to be replaced bij a glas tower which could stand anywhere else in the world today.
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Old May 28th, 2007, 07:51 PM   #27
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cool tower
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Old May 29th, 2007, 02:01 PM   #28
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Quote:
Originally Posted by drew1000 View Post
any updates with this one
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Old May 29th, 2007, 06:21 PM   #29
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it is not UC, so why updates?
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Old June 8th, 2007, 10:18 AM   #30
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63-story mixed-use tower planned for 50 West Street





07-JUN-07

Time Equities, a real estate company headed by Francis Greenburger, made a presentation last night to the Financial District, Battery Park City and Quality of Life committees of Community Board 1 of its plans to erect a 63-story hotel and residential condominium development at 50 West Street across from Battery Park City.

The slim tower has been designed by Helmut Jahn of Murphy/Jahn Architects of Chicago, who designed CitySpire, Park Avenue Tower and 425 Lexington Avenue in New York and the great State of Illinois Center in Chicago, and Gruzen Samton LLC.

The curved south side of the tower would have a plaza that would provide an alternate and more attractive pedestrian walkway from Battery Park City to Greenwich Street than the existing walkway through the Battery Tunnel Garage.

The proposed building would house a 155-room hotel on floors 1 though 13, 48 "full-service residential units" on floors 14 through 18 and 259 residential condominium apartments on floors 20 through 63. It would have an illuminated top, but no garage.

The ground floor of the tower, which would be designed to achieve a Gold LEED rating, would contain a "light-art gallery showcasing some of the most innovate light installation artists in the world, a caf¿/bar, a restaurant and a "gourmet" corner store grocery.

The project requires text changes to allow a plaza at the site and to permit the transfer of development rights above the Battery Tunnel garage to be used "only in the at-grade area north of J. P. Ward Street, and by special permit only."

In addition, the project requires the demapping of a 8-inch strip between J. P. Ward Street and the applicant's site and a demapping for "a plane above J. P. Ward and the portion of the Brooklyn Battery Tunnel Approach located 37.2 feet above the area between West, Washington, Morris and J. P. Ward Streets.

The Brooklyn Battery Tunnel Approach has about 2.7 million square feet of unused air rights and the 50 West Street project plans to acquire about 183,000 square feet of those air rights.

The project's site is just to the north of the 8-acre Greenwich Street South project that would deck over the Manhattan entrance to the Brooklyn-Battery Tunnel, create a new park and a new, automated, green-roofed bus garage and five residential towers, a plan that was initiated by Mayor Bloomberg in 2002 and which the chairman of the Hugh L. Carey Battery Park City Authority, Jim Gill, said last year he would like to take charge of.

An urban design study for that project was prepared in 2005 envisioned a new, curved pedestrian bridge over West Street to connect the southern part of Battery Park City to Greenwich Green, a new park between Morris and Edgar Streets between West and Greenwich Streets.

Members of the community board indicated they wanted any income from the sale of air rights to the project to be used for projects in Lower Manhattan, indicating that they were concerned about schools, a new pedestrian bridge over West Street, and the area's need for more cultural institutions and affordable housing.

Philip Gesue, director of development and acquisitions for Time Equities, told the meeting that it was considering giving a local school 159 laptop computers with four-year maintenance contracts, to help address the area's school needs. Mr. Gesue said that a bridge from Battery Park City over West Street to his company's site would be difficult to accommodate because of the small size of the site.

Julie Menin, chair of the community board, said that board needed more time to study what amenities it might seek from the development and scheduled another meeting for June 18, the day before it must make recommendations for the project's Uniform Land Use Review (ULURP) applications.

The redevelopment of the 50 West site would involve the demolition of the 12-story, 1912 building once known as the Crystal Building that has a 3-story-high mansard roof.


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Old June 8th, 2007, 10:19 AM   #31
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Here is the early rendering in a bigger size...

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Old June 9th, 2007, 07:17 AM   #32
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Looks great.

I say it should be built
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Old June 24th, 2007, 01:44 AM   #33
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http://www.downtownexpress.com/de_215/cb1oksluxury.html
Volume 20 Issue 6 | June 22 - 28, 2007

C.B. 1 OKs luxury tower on West with conditions

By Skye H. McFarlane



The 50 West St. tower can rise to 63 stories, so long as a good chunk of the windfall lands squarely within Community Board 1 and the Greenwich South neighborhood, the board said Tuesday night.

Board 1 essentially yellow-lighted the proposed hotel and condominium. The board voted to approve the glassy tower’s two land-use actions, but only if the developer and the city fulfill a laundry list of 13 wide-ranging conditions.

To mitigate the impact of 150 hotel rooms and 300 apartments filled with new, wealthy residents, the community is insisting that the developer, Time Equities, fulfill its promises to provide a public art gallery within the building, as well as a laptop program for I.S. 89.

In addition, the community stressed in its five-page resolution that Time Equities must build affordable housing Downtown, overhaul two small neighborhood parks and facilitate the construction of a pedestrian bridge over West St. The developer must also conduct its demolition and construction work using the safest, greenest and least disruptive techniques available.

The board’s most stringent requirement, however, addresses the city. Because one of the land-use actions would allow Time Equities to purchase 180,000 square feet of air rights from over the Brooklyn Battery Tunnel, the city would stand to receive a significant profit from the development. The community is determined that 100 percent of the proceeds — likely in the tens of millions of dollars — be spent on projects within Lower Manhattan.

Chief among the community’s priorities for the money are the creation of affordable housing, the development of green space and sports fields, and the implementation of the Downtown Alliance streetscape program along Washington St. The board also asked the city to eliminate an extra 190,000 square feet of air rights that would be created by the land-use action, so that no future developer could ever apply to purchase them.

“These can’t just be pie-in-the-sky dreams,” said C.B. 1 Chairperson Julie Menin of the board’s conditions. “We really need concrete guarantees that we are going to get these things.”

Menin favored rejecting the project unless the conditions were met, but she couldn’t convince enough of her fellow board members to go along. She yielded when the language was change from “support” to “conditionally support.” The advisory resolution passed 34 to 5 with three abstensions.

Legally, the board’s opinion must be considered as a part of the city’s Uniform Land Use Review Procedure. However, the borough president’s office and the Department of City Planning also get to review the proposal. Because the application includes de-mapping a city street, the City Council will have the final say on the plan, even though C.B. 1 voted yes. Under most ULURPs, City Planning has the final say when the community board votes yes. If the Council approves the plan, Time Equities will purchase the air rights and create a pedestrian plaza along Ward St., the dark, narrow alley that separates the Battery Tunnel from 50 West St. to the north.

By rights, the developer can already take down the 13-story building on the site (known as the “copper-top” because the roof is painted green to look like copper patina). Current zoning, which caps bulk but not height, would then allow a 30- to 40-story building. By adding the 40-foot wide plaza — which would contain trees, cobblestone pavers and an outdoor café — the developer would earn the right to build another five to seven stories. That, combined with the air rights purchase, would put the building at a little over 500,000 square feet (63 stories under the current design).

There was much debate among board members over how to evaluate the proposed building. Many board members liked the building’s curving, near-transparent façade, designed by noted architect Helmut Jahn. They universally approved of Time Equities plan to seek a Gold rating from the U.S. Green Buildings Council. The building would also bring in customers to bolster the local retail scene.

To offset some of the building’s impact on the overcrowded local schools, Time Equities has proposed to provide laptops for all of the children in I.S. 89, along with maintenance and insurance for four years. The laptops would allow I.S. 89 to give its computer room to P.S. 89, which would convert the space into two regular classrooms to help alleviate acute class-size problems.

“There are other concerns with this project, but from a youth and education standpoint, we need the school space,” said Paul Hovitz, chair of the board’s Youth and Education Committee. “If we don’t do this, we are left to depend upon the [Department of Education] to address the overcrowding and we’ve seen how well that works out.”

After the community asked repeatedly for an art space in the building, Time Equities proposed to include a public art component, possibly light installations, in the hotel portion of the project. However, board members agreed that the laptops and the public art would not be enough to offset the extra stress that the new residents would put on local parks, schools and transportation systems.

Time Equities’ refusal to voluntarily include affordable housing in any of its Downtown projects also irked many board members, especially when a representative of the developer suggested that those people who could not afford to live in the neighborhood could always move to Brooklyn. Time will get state tax abatements as of right. A new version of the 421-a program would require Downtown developers to invest in affordable housing to get the tax benefits, but the bill, expected to pass June 21, will not take effect until June 2008.
“I really feel that the city can and should do more to press the developer to create affordable housing elsewhere in the district,” said board member Barry Skolnick.

A small number of board members wanted to reject the project altogether because of its large scale and precedent-setting use of city air rights. Others, including Menin, wanted to phrase the board’s opinion as a conditional rejection. The negative language, they felt, would make a stronger statement. The board compromised on “conditionally supports.”

Board members reasoned that since City Planning worked with the developers to craft the ULURP application, it would be unlikely that the City Council would outright reject the proposal. The Economic Development Corporation, the Battery Park City Authority and State Senator Martin Connor have also spoken in favor of the project. Councilmember Alan Gerson, who was involved in the negotiations with the developer, has not yet given his full support to the building, but his aide, David Feiner, has spoken in favor of the project at two different board meetings.

Therefore, the board decided it would be better not to fight the construction of the building, which will be very large regardless of the zoning variances. Instead they will fight to ensure that both the city and the developer make significant reinvestments in the neighborhood.
“I think it’s more than likely that we’ll get this building whether we like it or not,” said Battery Park City Committee chairperson Linda Belfer at a meeting Monday night. “We might as well get something in the way of mitigation.”

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Old June 24th, 2007, 02:02 AM   #34
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Looks beautiful.... new improved version of flatiron building near Madison Square Park.
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Old June 24th, 2007, 02:28 AM   #35
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WOW another beauty
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Old August 3rd, 2007, 11:40 PM   #36
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http://www.downtownexpress.com/de_22...aysstopon.html
Volume 20 Issue 12 | August. 3 - 9, 2007

Beep says stop on West St. condos

By Josh Rogers

Manhattan Borough President Scott Stringer rejected a $550-million hotel and condo project at 50 West St. Wednesday because it includes no money for affordable housing.

Stringer told Downtown Express that the subsidized project has little “tangible public benefit for the city” and there would have to be a substantial investment in affordable housing in order for him to change his mind. Stringer said all of the money the city collects on the project would have to stay in Downtown’s Community Board 1 area. A few hours later, he filed his official rejection, which is only advisory but is likely to have influence with the City Council’s Manhattan delegation. The project cannot proceed without City Council approval.

Under the proposed deal, Time Equities would buy 183,000 square feet of air rights from the city and knock down the green-topped, 1912 building at the southern end of West St. to build a 63-story tower with 400 condos and 183 hotel rooms. Francis Greenburger, chairperson and C.E.O. of Time Equities, said he expected to pay the city about $30 million for the air rights.

Greenburger, in a telephone interview, said he isn’t too troubled by Stringer’s rejection since it is up to the city to fulfill the borough president’s housing goal.

“It’s between him and the city… I would have preferred if he could have worked it out,” he said. Greenburger said it would be “foolish” to build affordable housing units at 50 West because it is a particularly expensive building to construct, but he does think Lower Manhattan needs more below-market housing.

He is looking to acquire a particular Downtown property soon that he said is well-suited for a “substantial affordable housing component.”

Greenburger’s director of acquisition and development, Phillip Gesue, outraged some Community Board 1 members in June when he told them they should move to Brooklyn if they couldn’t afford the rising rents Downtown. Greenburger said Wednesday that he disagreed with his employee.

“That’s not my view,” Greenburger said. “It’s desirable to have affordable housing whenever it is possible.”

Stringer said he has high regard for Greenburger and was hopeful the developer would help create more affordable housing Downtown. C.B. 1 also called for the project to have affordable housing and for the money to stay in Lower Manhattan. Nevertheless, the board gave an official yes to the proposal.

City officials declined to comment for attribution for this article. One, speaking on the condition on anonymity, said the city sees the project as an improvement to the area and has no intention of tying any more specific community benefits to it. The project is next to a dangerous pedestrian area near the entrance to the Brooklyn-Battery Tunnel and includes improving the pedestrian access through narrow Ward St., creating a small public plaza there. Greenburger has agreed to buy laptop computers for I.S. 89 students, which will allow the school to close its computer room and free up classroom space for overcrowded P.S. 89.

The board hoped the conditional yes vote would have more influence than a rejection, but that message may have been lost in translation, at least according to the city official.

“A conditional yes is a yes,” he said.

Stringer said he thought the best way to get changes was to make it clear the current plan was unacceptable.

Julie Menin, Community Board 1’s chairperson, tried to get her fellow board members to take a harder line in June. She said Wednesday she was “quite surprised the board did not have a sense of outrage over West St.” She was surprised that few residents showed up to object to the plan and said that may have influenced board members. She said she was glad when Stringer called to tell her of his decision.

Menin did end up backing the board resolution when members agreed to change the language from “support” to “conditionally support.”

Councilmember Alan Gerson said he wants to add an affordable housing component to the proposal, but he has not made that a condition for his approval. He and his aides negotiated the I.S. 89 computer agreement before the plan was presented to the community board and one aide spoke favorably of the proposal during the early community board discussions.

Gerson said now that the plan moves to the Council, he expects negotiations with Time Equities to resume. He said he has already told executives of the need for affordable housing.

Getting the computers was only a first step, he added. “We made it clear that was a prerequisite,” Gerson said, “but we made it clear that was not enough.”

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Old August 4th, 2007, 12:40 AM   #37
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This looks great.
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Old August 4th, 2007, 01:13 AM   #38
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the bottom looks loke the freedom tower so I believe that this will be built!!
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Old August 5th, 2007, 08:41 AM   #39
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stylish
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Old October 27th, 2007, 06:15 AM   #40
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Demolition has startes of the structures on the site where this tower will rise.
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