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Old June 21st, 2007, 07:55 AM   #161
Hanshin-Tigress
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WHat are the odds of those projects being approved/completed though?
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Old June 21st, 2007, 07:59 AM   #162
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Originally Posted by Maki-chan View Post
WHat are the odds of those projects being approved/completed though?
They will all be completed. There's a severe shortage of office space, residential structures and hotels in NYC.
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Old June 21st, 2007, 07:59 AM   #163
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when do they go for approval? They should have their own threads...
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Old June 21st, 2007, 08:03 AM   #164
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Not yet because we don't even have renderings or heights. We'll have to be patient; one by one, supertalls will come.
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Old June 21st, 2007, 08:07 AM   #165
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Quote:
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Read the previous posts. If you were actually to take the time out and search for all of the buildings with more than 50 floors/500 feet u/c/proposed/in development, you'd have at least 30 skyscrapers. That's not counting the supertalls of the WTC, and other mega-projects, like this one.




I wish I knew what the skyline will look like in 10 years. The Empire State Building will not be alone anymore...
wow how tall are they?
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Old June 21st, 2007, 08:11 AM   #166
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It's not official. Like I said, we don't know yet. All we know is that there will be a lot of tall buildings, a modern Rockefeller Center on steroids:



The project discussed in this thread will be behind it all.

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Old June 21st, 2007, 08:20 AM   #167
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oh.. Anyway thank you.. I hope they get built
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Old June 21st, 2007, 09:33 AM   #168
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Quote:
Originally Posted by Ebola View Post
It's not official. Like I said, we don't know yet. All we know is that there will be a lot of tall buildings, a modern Rockefeller Center on steroids:



The project discussed in this thread will be behind it all.
wait a minute...

are they gonna build those buildings over the Rail Yards?

or they are gonna get rid of the rail yards and then build those buildings?
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Old June 21st, 2007, 04:03 PM   #169
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wait a minute...

are they gonna build those buildings over the Rail Yards?

or they are gonna get rid of the rail yards and then build those buildings?
Over the rail yards. And they can't shut down the rail yards during construction, so it will be a tricky project.
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Old June 21st, 2007, 04:10 PM   #170
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the towers circled in red are the MSG and surrounding projects
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Old June 21st, 2007, 07:52 PM   #171
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^That's right.


In a few years, the amount of building in NYC will be equivalent to more than 20 Empire State Buildings going up at the same time.
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Old June 22nd, 2007, 12:23 AM   #172
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cool a modern NY we'll have to see this one too
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Old June 22nd, 2007, 12:46 AM   #173
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Building them OVER rail yards... sounds like some tricky construction. I can't wait to see these towers rise...
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Old June 28th, 2007, 05:22 PM   #174
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Only off by $1B on new Penn Station

--------------------------------------------------------------------------------

BY BRIAN KATES
DAILY NEWS STAFF WRITER

Thursday, June 28th 2007, 4:00 AM


--------------------------------------------------------------------------------

Print Email Suggest a Story
The projected cost of building a new Penn Station where Madison Square Garden now stands is "probably significantly higher than $1 billion," the state's economic development czar told the Daily News yesterday.

"We don't know how high it is," said Pat Foye, the economic development chief. But sources in the Empire State Development Corp. suggested the cost could rise above $2 billion.

Initial estimates had put the cost at under $900 million.

The latest plans call for knocking down the Garden and building an arena across Eighth Ave. in the western part of the U.S. Postal Service's Farley building.

The new rail hub would be built on both sites, with the post office keeping its famous neoclassic facade, Foye said in a meeting with the Daily News Editorial Board.

The developers are Steven Roth of Vornado Realty Trust and Stephen Ross of The Related Companies. The entire project, which includes two office and retail towers on the existing Garden site, could cost a reported $14 billion.

"The source of the funding [for the station's public space] is primarily going to be federal, with developer contributions," Foye said.

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Old June 29th, 2007, 04:09 AM   #175
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What? They are going to take out the Garden???!!??!! They shouldn't do that...
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Old June 29th, 2007, 04:26 AM   #176
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^ I'm pretty sure that was the plan from the beginning.
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Old July 3rd, 2007, 03:24 AM   #177
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whats the latest with this project?
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Old July 3rd, 2007, 05:18 AM   #178
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Huge complex
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Old July 4th, 2007, 07:42 PM   #179
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From The New York Times:

New Grandeur for Penn Station in Latest Plan
By CHARLES V. BAGLI
Published: July 4, 2007

It began as a proposal to restore the Beaux-Arts grandeur of the old Pennsylvania Station. It grew into a sweeping plan to transform the area around the station into a district of gleaming office towers. Now it is growing again.

In the next three weeks, two of the city’s largest developers will unveil new plans for rebuilding the station, moving Madison Square Garden, replacing the Hotel Pennsylvania, and erecting a pair of skyscrapers, one of which would be taller than the Empire State Building, over the site of the existing station.

Though the new plan is broadly similar to a proposal offered a year ago, it is different in several important ways, starting with the cost: $14 billion, double that of the original plan, a real estate executive who has seen the plan said. It is also bigger than anticipated: the entire plan, involving buildings on six adjacent blocks, would create 10 million square feet of new office space off West 33rd Street, as much as in the old World Trade Center.

The developers, Stephen M. Ross and Steven Roth, have also burnished their vision for the station, which would be renamed after Senator Daniel Patrick Moynihan, who championed the original idea. Civic groups and the head of the City Planning Commission, Amanda M. Burden, had complained that last year’s plan treated the underground station as an afterthought, without a grand public space worthy of the country’s busiest transit hub.

The new plan would try to recapture the imposing aura of the original station inside the James A. Farley Post Office across the street, with a vast, street-level waiting room under a glass canopy that would spill sunlight onto the concourse two levels below.

In the next three weeks, the public will get its first, albeit sketchy, look at the new plan when the Spitzer administration takes the first step in an environmental review of the project’s potential impact on the neighborhood.

“It’s a once-in-a-lifetime opportunity, and I think the stars are aligned to do this,” said Patrick J. Foye, co-chairman of the Empire State Development Corporation, the state authority overseeing the project.
It is far from a done deal.

Despite progress on the designs and numerous meetings with officials from Amtrak, the Port Authority of New York and New Jersey, New Jersey Transit, the Long Island Rail Road and the Metropolitan Transportation Authority, the developers do not have a definitive agreement with the various transportation agencies.

The developers also have yet to hammer out a final deal with the owners of Madison Square Garden, Cablevision and the Dolan family, to move the Garden to the western part of the Farley building, which would be the arena’s fifth home in 132 years. The two sides have a nonbinding agreement.

More important, the estimated cost of renovating the station has also doubled, to $2 billion, and no one knows who will pay. Compounding the problem, another state project, the expansion of the nearby Jacob K. Javits Convention Center, has also doubled in cost, to $4 billion. And state officials have warned that the proposed renovations of the Farley building may not qualify for $225 million in federal tax credits they want.

Proponents contend that the Moynihan Station project has an important benefit that justifies using public dollars: a new transportation hub that would form a monumental gateway to the city. But civic groups have also argued that the developers should shoulder a substantial portion of the cost of renovating the station because it would make their property far more valuable.

Mr. Roth, the chairman of Vornado Realty Trust, and Mr. Ross, chief executive of the Related Companies, would build 5.5 million square feet of office and retail space on the current site of Madison Square Garden, on Eighth Avenue between 31st and 33rd Streets. If it were approved, they would also build a two million-square-foot tower at the southwest corner of Seventh Avenue and 34th Street, using development rights from the post office building.

In addition, Mr. Roth’s company plans to demolish the Hotel Pennsylvania, across Seventh Avenue from Madison Square Garden, to make way for a 2.5 million-square-foot building. Real estate executives and urban planners say that if the plan reaches fruition, Vornado, which already owns about seven million square feet in the neighborhood, will dominate one district like no other landlord in the city.

“Given the magnitude of the project and the wealth which could be created for the developers,” Mr. Foye said, “we expect them to make a significant contribution to the cost of the train station.”

So far, the developers have said only that government should pay for the station.

“The project,” said Vishaan Chakrabarti, a vice president of Related, “will unlock billions of dollars in tax revenues, remake the dismal area surrounding Pennsylvania Station” and catalyze development on the Far West Side.

That is a sentiment shared by the Bloomberg administration as well as business and civic groups like the Partnership for New York City and the Regional Plan Association. But Kent L. Barwick, president of the Municipal Art Society, a civic group that has met with the developers, said that it was “inappropriate” for the state to put the project on the fast track and begin an environmental review before “the design, the financing and all the implications are on the table.”

Senator Moynihan first suggested in 1992 that the Farley post office, which stretches from Eighth to Ninth Avenue opposite the Garden, could be turned into a grand train station to help alleviate congestion at Penn Station in a gesture of civic redemption for the much-lamented demolition of the original station in the 1960s.

The state ultimately agreed to buy the Beaux-Arts post office, though the Postal Service continues to operate the historic stamp windows behind the colonnade on Eighth Avenue. In 2005, the state selected Related and Vornado to develop the project. Since the tracks beneath Madison Square Garden extend below the post office, the original plan was to convert the landmark building into a $900 million train station with a monumental train room and large stores like Kmart.

But the developers always had bigger things in mind. They hoped to persuade Cablevision, which owns the Garden, to sell its development rights and move to a new arena, which would allow for the renovation of Penn Station and enable them to build a huge new office complex.

Last December, the plan hit a roadblock when the State Assembly, which is controlled by Democrats, refused to approve the Farley portion of the project, snubbing the outgoing Republican governor, George E. Pataki.

Since then, the Spitzer and the Bloomberg administrations have been working with the developers. The latest plan calls for a new, 20,000-seat arena to be built in the western two-thirds of the Farley building. The glass-covered arena would rise as much as 35 feet above the roof of the post office, with a 10-foot setback. Signs advertising events at the Garden would be mounted on kiosks, rather than plastered on the building as the Garden owners originally suggested.

One source of continuing dispute on the station has been the Garden’s insistence that the colonnade on Eighth Avenue serve as the entrance to the arena, with basketball and hockey fans buying tickets at the stamp windows, walking around the interior, past a large train room, into the arena. Commuters using New Jersey Transit or Long Island Rail Road would enter the building through separate, street-level entrances.

The Garden’s owners are also proposing to replace interior brick walls with glass, allowing visitors to see the interior of the arena. But these proposals have come under fire from preservationists who worry that the Garden will overwhelm the Farley building, much as the Garden replaced Penn Station more than 40 years ago.

“We’re looking for a well-designed, separate and distinct train station,” said Peg Breen, president of the New York Landmarks Conservancy, a private preservation group. “We do not want the Garden to swallow the station.”

Not to worry, state officials say. “This is, first and foremost, a transportation project,” Mr. Foye said. “The goal is to create something that is consistent with Senator Moynihan’s vision of a public space that can accommodate 550,000 daily commuters and still have room for growth.”

After work is done on the Farley building, the developers would move east to demolish the old Garden and allow for the renovation of Penn Station, with separate waiting rooms for Amtrak and for Long Island Rail Road passengers. New Jersey Transit would be the largest single transit tenant in the Farley building. The street-level part of the station would include two corridors running from Seventh to Eighth Avenue, several levels of stores and possibly a major department store in a 10- to 12-story base.

The developers also plan to renovate Vornado’s tower at 2 Penn Plaza and erect two skyscrapers, with one rising up to 1,400 feet, the other about 1,100 feet, according to executives who have seen the plans. On the lower levels, the towers, which would be completed in 2018, would have several 80,000-square-foot floors for a financial institution interested in a trading complex.

The developers are also talking to city officials about an alternative plan that would permit them to transfer development rights to nearby properties so that the skyscrapers would not have to be so tall. Under this scheme, the developers would also be able to start construction of other office buildings before the new arena is completed.

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Old July 4th, 2007, 09:29 PM   #180
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The developers are also talking to city officials about an alternative plan that would permit them to transfer development rights to nearby properties so that the skyscrapers would not have to be so tall.
why wouldn't we want skyscrapers to be tall?
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