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Old September 6th, 2005, 01:44 AM   #101
Xander
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this is definatly a weird one, but its great. Its so different, but i think it'l manage to fit right in. Cant wait to see it built!
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Old September 8th, 2005, 07:38 PM   #102
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80 South Street penthouse could go for $50M
September 8, 12:09 pm

A rendering of 80 South Street Sales in the Santiago Calatrava-designed 80 South Street tower have started, with the penthouse in the 10-unit building going for $50 million – or, about $5,000 a square foot. The building, slated to start going up in March, will have 10 vertically stacked, four-story townhouses, each with10,000 square feet of living space. The cheapest townhouse is going for $29 million, plus five-figure monthly maintenance costs.
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Old September 8th, 2005, 07:44 PM   #103
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SQUARE DEAL DOWNTOWN

By BRADEN KEIL
--------------------------------------------------------------------------------
DOWNTOWN CHIC: Rendition of apartments under construction south of the Brooklyn Bridge on the East River.
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September 8, 2005 -- Some of Manhattan's most eye-popping high-rise apartments have hit the market — with the price tag for a penthouse at a whopping $50 million.
A planned building at 80 South St. — designed by Santiago Calatrava —is now selling 10 vertically stacked, four-story, townhouses.

Construction of the unusual cube-shaped residences will begin in March 2006, the building's developer, said.

Each residence will contain 10,000 square feet of living space. That means the penthouse will cost about $5,000 per square foot.

In Manhattan, the average price per square foot is about $970, while the average price of an apartment is approximately $1.2 million.

The cheapest townhouse on sale goes for $29 million. And the buyer is responsible for adding interior improvements, like a lap pool on the sprawling terrace.

The four-story cantilevered units feature grand living rooms with double-height ceilings, a four-to-six room option with six bathrooms, gourmet kitchen and private interior elevator.



The building's amenities will include private gardens, doormen, special security and concierge services. According to the sales brochure, the monthly combined carrying charge for maintenance and taxes ranges from $34,456 to $36,038.

"This is a place for those who want to live in a work of art," said high-end broker Dolly Lenz. "It should generate a lot of interest."

But others familiar with the project aren't so sure that those wealthy enough to afford it would want to live in an area teeming with tourists.

"There are no schools, parks or supermarkets. What [the developers] should hope for are 10 single Wall Street titans who want to live in 10,000 square feet of space," said one downtown broker.
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Old September 8th, 2005, 07:51 PM   #104
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besides it's a nice or ugly building, own a penthouse there would be the dream for any skyscraper lover!
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Old September 9th, 2005, 10:13 AM   #105
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Any buliding in NYC looks good
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Old September 9th, 2005, 08:20 PM   #106
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looks like pile of homes put one on another, that's great idea, but does it really fit into the present skyline? I hope so, cause there's nothing up to me... pretty odd anyway
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Old September 10th, 2005, 01:29 PM   #107
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So, yet again, New York is building another tower with a 300 foot antenna and calling it an 1100 footer...just like the Times tower and its 400 foot antenna bringing it up to 1100 feet.

Why not just build a real 1100 tower to begin with?
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Old September 10th, 2005, 03:12 PM   #108
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They are offering penthouses for sale here in Dubai also. I saw one full page add (with render) on the main local newspaper here.

First; " ... is this a scam?", came in mind but ...
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Old November 14th, 2005, 10:25 PM   #109
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http://www.downtownexpress.com/de_13...struction.html
Volume 18 • Issue 26 | November 11 - 17, 2005

Calatrava tower construction on hold, seeking buyers

By Daniel Wallace



The Manhattan developer Frank J. Sciame has adopted an inverted parody of the Field of Dreams motto for the construction of the proposed Calatrava residential tower on 80 South Street: if they come, build it.

The 835-foot tower, which would be the sixth-tallest building in Manhattan, was designed in 2003 by the Spanish architect Santiago Calatrava, who is known for his innovative Turning Torso tower in Sweden and his PATH terminal under construction at the World Trade Center site, amidst a buzz of frenzied excitement and approbation. But two years later, it is still uncertain whether the tower will actually be built.

“We’re in the marketing phase of the project right now,” said John Evans, vice president of real estate for Sciame Development Inc., at a recent Community Board 1 meeting. “We have to reach a certain level of sales to demonstrate to our lenders that there is a market for it.”

Evans said that Sciame approved a general offering plan in September and, since then, marketing has been going well. They hope to start construction in April 2006.

“But there’s a chance you won’t achieve the necessary sales, and the tower won’t be built?” asked a community board member.

“The short answer is, yes,” Evans said. “But marketing is going well, and it doesn’t look like that will happen.”

The Calatrava tower would replace the red-brick building at South and Fletcher Sts. that currently serves as the headquarters of Sciame Development and would rise over the East River near the South Street Seaport and the Brooklyn Bridge.

Some members of the community board had more praise for Sciame’s new construction and recent restoration of South Street Seaport Historic District buildings than the Calatrava tower, which they felt would look too futuristic next to the historic district.

In a staggered pattern, the tower consists of 12 four-story cubes that would be cantilevered from a concrete core containing three elevators (two passenger, one freight) and emergency stairways. Each cube would have its own elevator. And each cube would have a terrace on the roof of the unit below. Alongside the cubes two slender, stabilizing steel spines would rise as out-riggers.

The top 10 cubes are townhouses that cost between $29 million and $55 million a unit. The bottom two cubes are zoned for non-residential use. And for the base structure, Sciame is seeking a cultural tenant, perhaps a museum.

In response to a question, Evans said retail could be considered at ground level.

“That’s an option,” Evans said. “But we really want to find a cultural use for it. We view the base more as a good neighbor for the residents above.”

The residential entrance in the base building would be off Fletcher St. and the non-residential entrance off South St. Evans said Sciame is exploring the possibility of creating a 12-parking-space garage in the tower’s basement, which could be reached through a conveyor belt.

Although New York’s architectural community is highly accepting of the plan, some Downtown residents are leery. One resident of 85 South St., which touches the Sciame headquarters that will be torn down, expressed concern at the Community Board 1 meeting about the noise of construction, vibration, falling debris and the potential of road-closures.

“We’ll have a landmark safety program to deal with things like vibration,” Evans said. “We’re not going to harm adjacent buildings. And most likely, only Fletcher St. will be closed down.”

Evans said that the tower is an as-of-right building, which means that it complies with all relevant zoning laws and is not subject to public review, but that Sciame will gladly present a construction logistics plan once one is in place.

Some residents were concerned about the structural safely of the tower, the narrowness of it, questioning if it would sustain a hit from a small plane. But Evans noted that Calatrava is an engineer as well as an architect and a sculptor. His work is undergirded by a strong structural logic.

Evans said that construction will most likely take 30 months.
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Old November 15th, 2005, 01:46 AM   #110
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Hopefully they can get this project built....

This is one of the coolest concepts i've ever heard of!
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Old November 15th, 2005, 03:15 AM   #111
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Wow.... 5 storey for each residents? o_O Talk about exclusive..

Amazing architecture, amazing location, amazing view.... That's my dream home!
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Old November 15th, 2005, 08:01 AM   #112
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I used to built towers like with dominoes!
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Old November 15th, 2005, 09:29 AM   #113
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In my opinion Calatrava's overated. I mean this is just a bunch of squares on a support, where the imagination and genius in that. Not to mention what a waste of valuable land it is.
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Old November 16th, 2005, 06:17 PM   #114
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If they have problems to sell apartments in this buildings, it is easy to understand that it was hard to sell the apartments in Turning Torso in Malmö(they transformed it to rent apartments).
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Old November 16th, 2005, 07:17 PM   #115
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well malmö isn't new york...I don't think the reason is the same.
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Old November 16th, 2005, 10:10 PM   #116
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Quote:
Originally Posted by skokster123
In my opinion Calatrava's overated. I mean this is just a bunch of squares on a support, where the imagination and genius in that. Not to mention what a waste of valuable land it is.
I never found this project to be realistic to begin with.
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Old November 16th, 2005, 10:29 PM   #117
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this project is PURE GENIUS.


patience gentlemen, patience...
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Old November 21st, 2005, 09:31 AM   #118
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very unique, forget the haters, this is something different that will grab everybodys attention.
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Old November 21st, 2005, 10:44 PM   #119
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Cut the character assasination, I didn't force you to hate it.
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Old November 24th, 2005, 09:37 AM   #120
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I think the design is excellent. Calatrava is an amazing architect. However, If this building only consists of ten units, I have a problem with it. I find it to be sensless building on the part of the developer. There is no need for this kind of structure for ten units. Seems like a waste of money and its definetly a waste of land.
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