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Supertalls Discussions of projects under construction between 300-599m/1,000-1,999ft tall.
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Old August 15th, 2012, 09:30 PM   #1341
Renna Hazel
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So the Coach Tower is planned to start this year? That's really good if so.
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Old August 15th, 2012, 10:19 PM   #1342
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Yes.
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Old August 15th, 2012, 10:27 PM   #1343
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either the tower was shortened or the article is wrong,

Robert, you usually have the answers to these kinds of things...?
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Old August 15th, 2012, 10:59 PM   #1344
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There are many mechanical floors at the top. Perhaps the article refers only to occupied floors.
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Old August 15th, 2012, 11:02 PM   #1345
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..
Quote:
Originally Posted by Jay View Post
either the tower was shortened or the article is wrong,

Robert, you usually have the answers to these kinds of things...?
Quote:
Originally Posted by yankeesfan1000 View Post


There have been a few different floor counts thrown around by the media, Bloomberg said it was 51. Related's website still has the first tower at the 54 floors 1017 feet, so I wouldn't sweat it.
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Old August 16th, 2012, 04:07 PM   #1346
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All the new articles say 46, even the old office floorcount a lone is higher than that.
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Old August 16th, 2012, 04:24 PM   #1347
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I wouldn't put much weight into it. It's not unusual for an article like that to get the number of floors wrong. There's been zero indication from the developer or anyone else involved in the project that the South Tower's been shortened.
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Old August 21st, 2012, 04:13 AM   #1348
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According to today's WSJ, White & Case is looking for around 500k sf of space in the HY. Perhaps they could anchor the North Tower.
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Old August 21st, 2012, 01:44 PM   #1349
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I hope they'll go downtown into the WTC
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Old August 21st, 2012, 06:58 PM   #1350
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Quote:
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According to today's WSJ, White & Case is looking for around 500k sf of space in the HY. Perhaps they could anchor the North Tower.
Thanks for the heads up RW, posting at SSP too. The article you mentioned...


Law Firms Widen Searches
Laura Kusisto August 19, 2012, 10:04 p.m. ET

"...Law firms don't like to pay too much for office space because even junior associates expect offices, and because rent money comes out of the partners' pockets.

Now other large firms are looking Downtown and to the new Hudson Yards development, trading less-prime locations for cheaper rents and the benefits of being in new construction...

...If firms continue the westward migration, some could even end up in the new Hudson Yards development. White & Case LLP has been scouting for potential office space in the Hudson Yards area, according to a real-estate executive familiar with the matter.

Another firm, Morrison & Foerster LLP, last year agreed to anchor Boston Properties' development on West 55th Street and Eighth Avenue.

"We're at the very beginning of a westward migration," said Mark Edelstein, chairman of the firm's real-estate finance practice in New York. "Eighth Avenue is the new Sixth Avenue. It's a little premature, but it's going to happen."
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Old August 22nd, 2012, 06:33 AM   #1351
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Quote:
Originally Posted by yankeesfan1000 View Post
Thanks for the heads up RW, posting at SSP too. The article you mentioned...


Law Firms Widen Searches
Laura Kusisto August 19, 2012, 10:04 p.m. ET

"...Law firms don't like to pay too much for office space because even junior associates expect offices, and because rent money comes out of the partners' pockets.

Now other large firms are looking Downtown and to the new Hudson Yards development, trading less-prime locations for cheaper rents and the benefits of being in new construction...

...If firms continue the westward migration, some could even end up in the new Hudson Yards development. White & Case LLP has been scouting for potential office space in the Hudson Yards area, according to a real-estate executive familiar with the matter.

Another firm, Morrison & Foerster LLP, last year agreed to anchor Boston Properties' development on West 55th Street and Eighth Avenue.

"We're at the very beginning of a westward migration," said Mark Edelstein, chairman of the firm's real-estate finance practice in New York. "Eighth Avenue is the new Sixth Avenue. It's a little premature, but it's going to happen."
8th? It's a dowdy and at times disgusting area, no place for a high end law firm. I can't imagine bringing that street up to standards with all those ugly and poorly maintained commie blocks and dirty chain fat food joints.
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Old August 22nd, 2012, 07:08 PM   #1352
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If White & Case anchors the north tower, Related will start constructing the eastern platform and presumably will start the 300m+ condo/hotel with the curved facade simultaneously. Therefore, three supertalls will be rising at the same time just on Related's HY site alone! Excluding non first world nations, there's such truth in the statement, Only in NY!
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Old August 22nd, 2012, 07:37 PM   #1353
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8th? It's a dowdy and at times disgusting area, no place for a high end law firm. I can't imagine bringing that street up to standards with all those ugly and poorly maintained commie blocks and dirty chain fat food joints.
Same thing could've been said about 6th Ave 15 or 20 years ago.
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Old August 22nd, 2012, 07:56 PM   #1354
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Quote:
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Same thing could've been said about 6th Ave 15 or 20 years ago.
However, 8th has many worse apartments that won't be torn down.
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Old August 22nd, 2012, 08:34 PM   #1355
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Chaps, let's limit this thread to Related's HY, a project which is unrivaled in the first world.
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Old August 22nd, 2012, 08:51 PM   #1356
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Quote:
Originally Posted by RobertWalpole View Post
If White & Case anchors the north tower, Related will start constructing the eastern platform and presumably will start the 300m+ condo/hotel with the curved facade simultaneously. Therefore, three supertalls will be rising at the same time just on Related's HY site alone! Excluding non first world nations, there's such truth in the statement, Only in NY!
How likely is that to happen? It seems like these projects never start on time, especially with competing projects having trouble.
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Old August 22nd, 2012, 09:49 PM   #1357
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I agree, I feel like many of the proposed supertalls in NYC will take longer than we expect or not be built at all...

Let's hope I'm wrong.
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Old August 22nd, 2012, 10:52 PM   #1358
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I agree, I feel like many of the proposed supertalls in NYC will take longer than we expect or not be built at all...

Let's hope I'm wrong.
That's a grossly inaccurate statement. Name one that you think won't be built at all. As far as delays go, bear in mind that the world is in its most severe recession in 75 years, and yet, NY is still booming.
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Old August 22nd, 2012, 10:55 PM   #1359
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Quote:
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it's a huge project so you're probably correct. However they'll be finished with phase 1 by then, which has all of the supertalls we've seen.



damn...i wish they had projects this big in Mexico city. Nice complex, should be amazing when it's done.


EDIT: is it going to be more costly than City Center in Las Vegas when it was built?
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Old August 22nd, 2012, 11:32 PM   #1360
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damn...i wish they had projects this big in Mexico city. Nice complex, should be amazing when it's done.


EDIT: is it going to be more costly than City Center in Las Vegas when it was built?
I'd imagine so. The Coach tower's price tag is $1.3 billion. Labor and construction costs are much higher in NYC than just about anywhere else in the US. After it's all finished it should top over $10 billion easily. Though it will probably take the better part of this decade to finish.
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