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Supertalls Discussions of projects under construction between 300-599m/1,000-1,999ft tall.
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Old August 11th, 2010, 08:52 PM   #1001
spectre000
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This tower still has two big hurdles to overcome. Financing and a lawsuit. The NY city council approved its height in Oct/Nov 09. But a lawsuit by a nimby group was filed earlier this year in march. The lawsuit is simmering since there is no real rush without money to build it in the first place. As soon as Hines gets close to groundbreaking, expect another legal fight to postpone or cancel it.

Reality check... this one is far from certain.
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Old August 12th, 2010, 07:22 AM   #1002
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nice design but dont you see it's slim , i think it'll better if it stand alone
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Old August 19th, 2010, 01:42 AM   #1003
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It will be awesome!



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Old August 19th, 2010, 02:53 AM   #1004
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Quote:
Originally Posted by spectre000 View Post
This tower still has two big hurdles to overcome. Financing and a lawsuit. The NY city council approved its height in Oct/Nov 09. But a lawsuit by a nimby group was filed earlier this year in march. The lawsuit is simmering since there is no real rush without money to build it in the first place. As soon as Hines gets close to groundbreaking, expect another legal fight to postpone or cancel it.

Reality check... this one is far from certain.
This certainly will be built. Hines has invested a lot of money, and it has the air rights and city permission to proceed with a very large tower of about 310m.

The lawsuit is utterly groundless and will not withstanding summaryjudgment, let alone a motion to dismiss. The only claim for which the plaintiffs possibly could have standing is public nuisance, and that claim is legally groundless.

With respect to financing, this tower will get it. Hines is a bigger developer with a greater history than Extell, and Extell procured financing. There is strong demand for very high-end property in NY. Some one will make a lot of money on this project.
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Old August 19th, 2010, 05:59 AM   #1005
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This certainly will be built. Hines has invested a lot of money, and it has the air rights and city permission to proceed with a very large tower of about 310m.

The lawsuit is utterly groundless and will not withstanding summaryjudgment, let alone a motion to dismiss. The only claim for which the plaintiffs possibly could have standing is public nuisance, and that claim is legally groundless.

With respect to financing, this tower will get it. Hines is a bigger developer with a greater history than Extell, and Extell procured financing. There is strong demand for very high-end property in NY. Some one will make a lot of money on this project.
The lawsuit seems a bit trumped up to me as well. However they do contend their were irregularites with how Hines acquired the air rights. Bad press is still bad press. It can scare away buyers (ie Trump SoHo). A judge whose a real stickler for the letter of the law could still put the kibosh on the project.

As for how hot the market is.. well that's debatable. If its so great how come 30 Park Place isn't rising, or 56 Leonard, or why is Beekman rentals instead of condos. You can google and find ten articles saying the market is fantastic, and find ten that say its terrible.
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Old August 19th, 2010, 06:07 AM   #1006
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Here is a quote from the petition filed earlier this year.

"The transfer of unused development right [from St. Thomas Church] to a receiving location nearly 500 feet distant from the landmark was neither contemplated nor authorized by the Zoning Ordinance....The provisions allowing zoning lot mergers were never intended to permit, and the language of the Zoning Resolution does not allow, the combination of lots for the purpose of moving large amounts of bulk long distances, so that the underlying zoning is stood on its head---here represented by an FAR [floor-area ratio] of 33 [a very high density, even in New York City]."

It's over my head. But clearly they do have some arguments that a judge would probably have to look into. Maybe its just hot air, maybe its not.

If anyone is curious, below is the link to the rest of the petition.
http://www.scribd.com/doc/28160369/L...MA-Hines-Tower
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Old August 19th, 2010, 08:21 PM   #1007
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The lawsuit seems a bit trumped up to me as well. However they do contend their were irregularites with how Hines acquired the air rights. Bad press is still bad press. It can scare away buyers (ie Trump SoHo). A judge whose a real stickler for the letter of the law could still put the kibosh on the project.

As for how hot the market is.. well that's debatable. If its so great how come 30 Park Place isn't rising, or 56 Leonard, or why is Beekman rentals instead of condos. You can google and find ten articles saying the market is fantastic, and find ten that say its terrible.
The high-end market is VERY strong.

The plaintiffs would have no standing to assert that Hines acquired air rights properly.
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Old August 20th, 2010, 03:27 AM   #1008
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The high-end market is VERY strong.

The plaintiffs would have no standing to assert that Hines acquired air rights properly.
4,000 New Luxury Condos Currently Sit Vacanthttp://www.newyorkcondoloft.com/4000...ly-sit-vacant/

We could find 20 articles saying its great, 20 articles saying its awful. I just hope Nouvel's redesign is as great as the original. We'll have to wait and see what happens.
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Old August 20th, 2010, 04:11 AM   #1009
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I live in New York and am very familiar with the market. Also, I don't know how they define "luxury," but units in the $3,000/sf and up range are in very high demand.
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Old August 20th, 2010, 11:09 AM   #1010
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I think what you refer to are luxury condos for the uber rich. $1M-$2M condos, even double that amount in NYC are considered middle class condos. My friend bought a 1 bedroom unit at Park Av for $1.2M and it is not even luxurious by New York standards. He paid for the location!
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Old August 20th, 2010, 04:33 PM   #1011
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That's correct.
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Old August 20th, 2010, 04:45 PM   #1012
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It will be awesome!

It kinda reminds me of the Bank of China tower in Hong Kong, I really love it. I hope it gets built soon, this and Carnegie 57 will really have a positive impact on the Midtown skyline.
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Old August 21st, 2010, 04:24 AM   #1013
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It's bit chaotic for my taste, but still an interesting design.
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Old August 23rd, 2010, 08:58 PM   #1014
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The MOMA Tower by Jean Nouvel was approved by the NYC Council 44-3 back in October 2009, with a 200 foot haircut, but there is still a process of objection due to environmental impacts on surrounding buildings and residents.

My initial impressions are that the Tower Verre will be as iconic as the Chrysler or ESB one day because it definitely represents something new in terms of shape and feel in the city, and elsewhere, albeit in a "Tales of Riddick" or 70s Heinlein science fiction inspired kind of fashion.

The MOMA Tower design will ostensibly allow for a more interesting addition than a plain pyramid "Shard" like structure that London has gone for, and has a more organic and natural feel to it suited to its location near the Park. It will sit well with it's behemoth neighbors south and north, such as the Time Warner Center and other towers in its mid-vicinity (if you can call 5+ blocks "the vicinity" - I happen to).

A faceted construction with glass similar in nature to that of the Hearst Magazine Building will fit nicely with that structure in the north west Midtown/SW Central Park area, but there will be no mistake as to which building is which due to the Hearst Tower's flat blocky appearance and the Tower Verre's twin cuspidate appearance.

This contrast intentional or otherwise, was very clever and will work nicely.

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Old August 23rd, 2010, 09:50 PM   #1015
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This will definitely become an icon.
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Old August 23rd, 2010, 10:14 PM   #1016
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Stop spamming your retarded forum, archnyer
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Old August 24th, 2010, 12:34 AM   #1017
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It may become iconic, but it will be nothing like the ESB........
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Old August 24th, 2010, 06:48 AM   #1018
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Maybe not, but you never know. It will still be a great addition to the skyline, adding to already several iconic and massive structures in the city.
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Old August 24th, 2010, 08:19 AM   #1019
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Go NYC

midtown, with this and Carnegie built, would be one of the nicest architectural exhibition around. Old, new, boa, esb.
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Old August 24th, 2010, 12:13 PM   #1020
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It may become iconic, but it will be nothing like the ESB........
Nothing will be like ESB or Chrysler... No mather how tall they build.

They are "the pyramids" of Skyscraper History. If someone build (just because they can) several pyramids 3 times bigger than in Giza, they will be more famous and iconic? Never! Same thing with ESB or Chrysler, just can't beat them, no mather how huge, modern and glitzy are the new ones.
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