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Old October 22nd, 2007, 08:58 AM   #1
Ebola
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NEW YORK | River Place II Twin Towers | 60 fl x 2 | Com

River Place II by Silverstein Properties
It will be completed in 2009 and has a price of $1 billion.


The height is unknown. Anywhere from 700 feet to 800 feet.





The one and only updated rendering:




Made me realize that Silverstein Properties alone is building at least eight very tall skyscrapers in NYC at once. Don't forget 99 Church Street.

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Old October 22nd, 2007, 01:12 PM   #2
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Where in NY will those be? Street/corner please?
Or even better! Google map circled in red!!
With some tea. And a cookie.

Hell, the street number will do!
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Old October 22nd, 2007, 01:12 PM   #3
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Nice towers.
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Old October 22nd, 2007, 01:46 PM   #4
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Just had a look on the Silverstein website... apparently the address is 600 West 42nd. From what I remember (from 2 years ago), isn't that just west of Times Square?

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Old October 22nd, 2007, 03:30 PM   #5
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Quote:
Originally Posted by chjbolton View Post
Where in NY will those be? Street/corner please?...
THey're located on 42nd St. between 10th and 11th. This area has scores of projects under construction or planned and will be like an entire new city (i.e., like Canary Wharf or LaDefense or BPC in lower Manhattan).
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Old October 22nd, 2007, 05:10 PM   #6
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Thanks a lot.
Yep, that area is just turning into a CDB of its own. Wonderful!!
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Old October 22nd, 2007, 05:13 PM   #7
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Quote:
Originally Posted by chjbolton View Post
Thanks a lot.
Yep, that area is just turning into a CDB of its own. Wonderful!!
You're welcome. This area is contiguous to the Hudson Yards project that will be built and includes scores of new skyscrapers. Also, the city is going to build a new street, a tree lined boulvard called Hudson Blvd. between 10th and 11th Avenues from 34th street to around 28th. Here's the thread:

http://www.nyc.gov/html/dcp/html/hyards/hymain.shtml
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Old October 22nd, 2007, 05:36 PM   #8
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Thank you sooooo much for this link!!!
A treasure of information that is!
I'm not so surprised really, just happily shocked! I always wondered why this part of Manhattan wasn't more developped given its position and (therefore) potential. It's simply quite amazing how it seems to all come at once instead of slowly spread to the river. It demands an 'official' or 'state' will to bring it forward as a massive redeveloppement plan. Something you don't see in the US as often as you do in Europe. At least I think...

Great link LLoyd!! Cheers again!
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Old October 22nd, 2007, 06:14 PM   #9
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that's wonderful for the skyline of NY....2 60 storey towers
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Old October 22nd, 2007, 07:00 PM   #10
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*yawns* Just another pair of 700 to 900 footers in NYC I didn't know about.
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Old October 22nd, 2007, 08:03 PM   #11
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If these towers were build anywhere else in the world we would've had a thread about it here much much earlier!

The towers look amazing, Go New York City!
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Old October 22nd, 2007, 08:15 PM   #12
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QUOTE=chjbolton;16038983]Thank you sooooo much for this link!!!
A treasure of information that is!
I'm not so surprised really, just happily shocked! I always wondered why this part of Manhattan wasn't more developped given its position and (therefore) potential. It's simply quite amazing how it seems to all come at once instead of slowly spread to the river. It demands an 'official' or 'state' will to bring it forward as a massive redeveloppement plan. Something you don't see in the US as often as you do in Europe. At least I think...

Great link LLoyd!! Cheers again![/QUOTE]

You're welcome. There is another practically identical twin towered project called the Rushmore which is rising 20 streets north of this. Here's the link to that one:

http://www.therushmoreriverside.com/

By the way, in response to your inquiry why this area was never developed, it's because the Hudson River waterfront was always a commercial/shipping area. Those businesses eventually moved to ports in New Jersey, and around the same time in the 1960's and thereafter, US cities experienced serious decline. Therefore, this area, which had been a manufacturing/commercial area for hundreds of years, now simply became a forlorn waste land. With NY's resurgence, however, many "lost" areas have been reclaimed. This one is about to start.

I assume that you've heard about the centerpiece of this area, the Hudson Yards. Developers recently submitted bids to buy land that sits over rail tracks depicted below. They willl build office and residential towers, along with a park over the site. Morgan Stanley, Rupert Murdoch's News Corp and Conde Naste Publishing have all expressed an interest in building new headquarters there. The developers will build platforms over the sunken tracks. Their bids were submitted last week.



In anticipation of all of this, developers are rushing to the area and some interesting buildings are now under construction like this one:
image hosted on flickr


Here's a recent article from the NY Observer:

It Begins: Titans Bid On Western Rail Yards
by Matthew Schuerman

Published: October 16, 2007

Tags: Real Estate, West Side Rail Yards
This article was published in the October 22, 2007, edition of The New York Observer.

If there was one thing to be learned from the bidding over the Coliseum site in the late 1990’s, it was that real estate developers needed to deliver more than money to win development sites from public agencies.

The Related Companies won that competition, even though it did not offer the most money, partly because its chairman, Stephen M. Ross, promised to put Time Warner, and several hundred jobs, in anything it built at Columbus Circle.

The secret has gotten around. The three teams that appear to have the strongest of the five bids to develop 26 acres in the West 30’s are the ones that recruited tenants for the site, according to a source familiar with the proposals that came in Oct. 11. So far, no details have emerged of how much money the developers offered the Metropolitan Transportation Authority, the owner of the property, or of just how firm those tenancy commitments are.

Mr. Ross is one of the three: He convinced News Corp. to move its headquarters from the canyons of Sixth Avenue to a wild and unsettled area on the far West Side. The agreement was first reported Monday on The Observer’s Web site. Related has also partnered with Goldman Sachs to finance the 12-million-square-foot project.

Meanwhile, a joint venture between the Durst Organization and Vornado Realty Trust has come up with its own ingenious strategy. It’s willing to take one of Durst’s current tenants—Condé Nast Publications—from a building in Times Square and build a new headquarters for it to the south and west. Presumably, now that Times Square is an attractive location for white-collar firms, it will be easy to fill the space Condé Nast vacates.

And Tishman Speyer has formed a joint venture with Morgan Stanley. The New York Times has reported that the investment bank will finance the development and also occupy a skyscraper on the eastern end of the site, close to 10th Avenue.

These three teams include some of the biggest titans in New York real estate.

Related is still glowing in the civic and financial success of the Time Warner Center. The Durst-Vornado combination represents a marriage of an old-fashioned New York real estate dynasty and a deeply capitalized publicly traded real estate investment trust. And Tishman Speyer is the developer du jour, thanks to its handy $5.4 billion acquisition of Stuyvesant Town and Peter Cooper Village last year.

A fourth bidder, Brookfield Properties, also made a strong bid but one without a tenant in hand, according to the source; Extell Development Co. joined the fray but is relatively inexperienced in large mixed-use projects of this sort.

In an interview with The Observer in July, Deputy Mayor Daniel Doctoroff said that having tenants would likely help the West Side bidders as it did for the Time Warner Center.

“They had a complete package, so we’d like to see something similar here, for a bidder to come forth with real tenants to occupy it, who can occupy as soon as it is built,” Mr. Doctoroff said.

A commercial tenant is attractive to city officials because it provides an employment base that was a major justification for rezoning Hudson Yards, where the West Side rail yards are located, in 2005. A tenant will also help make the massive undertaking financially attractive to banks to finance.

The city will play less of a role in determining what happens with the West Side rail yards than it did with the Coliseum site, however. The city had veto power over that deal, but this time it has two votes on a panel that will select the winner. The M.T.A. has not said how large the panel will be, but the agency will have the majority of seats.

What’s more, the two parties have somewhat competing interests: The M.T.A. wants to maximize the revenue it receives (it wants to plug a billion-dollar hole in its capital plan); the city, meanwhile, has leaned in favor of open space, an amenable design and preserving the High Line, the abandoned elevated freight railroad that winds its way through the site.

Adding to the mix is the decision by the M.T.A. to eventually show the proposals to the public, as the agency did with the Coliseum bids. State Senator Tom Duane, who represents the area, said that he will be meeting with the M.T.A. in the next couple of weeks to determine the how and when. The entire selection process will likely run into early next year.

“I have great faith in the community around the rail yards, and that their involvement won’t make it more complicated than it is,” he said. “Remember, the West Side of Manhattan is used to large-scale development projects. It is a pretty sophisticated group of neighbors and activists.”


With additional reporting by John Koblin.




Here's another view of the area. Also, there had been plans to enlarge NY's convention center (shown on the left), but they proved to be too costly. Therefore, it is now believed that a new center will be built in Long Island City Queens (which is another "new city" in a former industrial area just across the East River from Manhattan), and this huge space likely will be replaced with more towers.
image hosted on flickr


Last edited by LLoydGeorge; October 22nd, 2007 at 08:56 PM.
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Old October 22nd, 2007, 08:39 PM   #13
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Here's another article regarding a huge skyscraper that will rise in the area in anticipation of the Hudson Yards project.

Sherwood Announces Hudson Yards Plans
Oct 9, 2007
By: Adam Perrotta, News Writer

Sherwood Equities has revealed development plans for two parcels of land within the much-talked-about Hudson Yards section of Manhattan.

The firm will build a multi-family property on one of the sites--on 10th Ave. between 35th and 36th Streets. The project will contain 200 rental apartments housed in a 35-story tower.

The other parcel, located on the west side of 10th Ave. between 34th and 35th Streets, will house either a 2,500-room hotel or a 2.5 million-square-foot office complex, complete with parking facilities.

The Hudson Yards, a train yard located on Manhattan's Far West Side, have been the object of much speculation recently, given the rapid expansion of development throughout the borough as the real estate market continues to hum along there. As one of the few remaining large tracts available for new projects, the area is seen as one of the most valuable and noteworthy sites in the city.

The area will no doubt further benefit from the upgrading of nearby Penn Station, the Farley Post Office and Madison Square Garden, as well as the extension of the number 7 subway line into the area. In 2005, the city rezoned the area, allowing for expanded commercial development.

"Hudson Yards is the hottest development area in New York City," noted Sherwood CEO Jeffrey Katz, in a release today. Katz's firm has owned each of the parcels for more than 15 years. "Even back then, we believed that the Hudson Yards had great potential," he said. "It's exciting to finally proceed with the development of these properties, knowing that whatever paths we take, we can expect textbook cases of high return on investment."

Katz said that both the hotel and the office options for the 34th St. site had distinct advantages. He noted that the hotel would benefit from the large number of rooms it could contain, as well as its proximity to the Jacob K. Javits Convention Center. An office, meanwhile, could take advantage of from the overall development of the area and the increasing number of companies that would likely want to establish a footprint in the area.

Indeed, just yesterday, Conde Nast Publications announced its intention to move at least a portion of its offices to the Hudson Yards sometime in the future.

Sherwood currently owns several Manhattan properties, including 1 and 2 Times Square, 1600 Broadway, The Coronado and The Saratoga.
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Old October 22nd, 2007, 08:43 PM   #14
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nice project for the best city
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Old October 22nd, 2007, 08:44 PM   #15
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You think this is a supertall?
image hosted on flickr





Also, there are plans for a 90-story hotel supertall for the Javits Center. I think it may be the tallest hotel in the world.


Lots of stuff happening in NY.
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Old October 22nd, 2007, 08:45 PM   #16
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Quote:
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You think this is a supertall?
image hosted on flickr





Also, there are plans for a 90-story hotel supertall for the Javits Center. I think it may be the tallest hotel in the world.
This building will be 790 feet.
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Old October 22nd, 2007, 08:49 PM   #17
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Nice. When do you think construction will start?

What about 34th & 10th?
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Old October 22nd, 2007, 11:08 PM   #18
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Looks Great! More density
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Old October 23rd, 2007, 12:28 AM   #19
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The gap is starting to close. No other skyline in the world will compare come 6 years (like any does currently ).
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Old October 23rd, 2007, 03:44 AM   #20
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It's hard to see it because of the small render,but overall seems to be a good project.I hope they use a glassy cladding.
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