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Old November 7th, 2012, 08:55 PM   #1621
tim1807
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For sure.
I like how they make the plaza landscape so nice and attractive for people and possible tenants.
For this year they have actually only december left to do something, so I think we won't see much until next year and then it's preparing though.
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Old November 8th, 2012, 05:21 AM   #1622
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Migration to Hudson Yards Predicted



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The West Side of Midtown has increased its presence in the commercial real estate market within the past 20 years. The market now boasts a vacancy rate below 10 percent across all assets.

“To understand this market, it’s important to view it in the context of the history of the last 25 years,” explained Mitch Arkin, an executive director at Cushman & Wakefield. “In the ’80s, the market started pushing west with the development of Carnegie Hall Tower, the Equitable Building, 787 Seventh Avenue, followed by 1585 Broadway, 1540 Broadway, 750 Seventh Avenue, Worldwide Plaza, 1745 Broadway [and] Metropolitan Tower. Those buildings all brought Eighth Avenue and Broadway north of Times Square into Midtown.”

“In the early 2000s, residential development began to proliferate, particularly along 10th Avenue and Eighth Avenue, including some side-street development,” he added. “Today the entire area is booming, flanked in the south by the Hudson Yards and Brookfield Properties’ development along Ninth Avenue and to the north with the Durst Organization’s new residential project to the west of the Helena and Extell Development’s tower on 57th Street.”

“This area is attractive to large corporate anchors due to its proximity to Midtown yet its hip feel, and smaller tenants have been attracted to the relatively low rents,” he added.

The new buildings can achieve rents in the $80s and $90s, Mr. Arkin said. Older converted buildings hover around the high $30s and low $40s.

“All of the buildings on 57th Street with views of the park have seen their rents increase, $80 to $100 [per square foot],” explained Michael Cohen, the president of Colliers International’s tristate office. “Those rents were unheard of during the last recession.”

“I think [the future] will be mostly flat,” Mr. Cohen added. “I’m going to make a prediction—and this is general to the Midtown market, not isolated to Midtown West. We will see one major Midtown tenant migrating out of Midtown to Hudson Yards or the Financial District.”

“There have been rumors about L’Oreal,” he added. “Someone is going to fill those buildings on the Hudson Yard. Someone will move to the Coach building. Just like Condé Nast.”

Mr. Arkin, on the other hand, has a slightly more optimistic prediction, noting that the “West Side is continuing its aggressive expansion unabated where there continues to be the ability to assemble land for large-scale residential and commercial development.”
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Old November 8th, 2012, 05:17 PM   #1623
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A nice new rendering published by MIR a couple of hours ago!

Illustration by MIR


Illustration by MIR

Large rendering
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Old November 8th, 2012, 05:28 PM   #1624
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OMG, this observation platform is pure gold. What a stunning piece of architecture, and like i said on the previous page, each new set of renders just make this project more and more interesting.
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Old November 8th, 2012, 05:44 PM   #1625
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Those new renders look spectacular!
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Old November 8th, 2012, 06:01 PM   #1626
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Quote:
Originally Posted by tim1807 View Post
For sure.
I like how they make the plaza landscape so nice and attractive
Don't forget the pizza landscape as well. The warm lush cheese and slightly sweet sauce is quite attractive.
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Old November 8th, 2012, 06:11 PM   #1627
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Wow! Who is MIR and what's its web address?
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Old November 8th, 2012, 06:12 PM   #1628
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I hope they find a cool way to light that observation deck at night. So futuristic.

This project is WAY better now than when we first saw it.
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Old November 8th, 2012, 06:14 PM   #1629
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Wow spectacular rendering, thank you.

I think it is worthed to post the rendering in full size, And it is not that big though.

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Old November 8th, 2012, 06:15 PM   #1630
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Those renders are incredible. Looks like cgi from a movie.
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Old November 8th, 2012, 06:18 PM   #1631
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Awesome indeed!


Though the smaller tower seems a little fattie / disproportionate. It should be higher.
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Old November 8th, 2012, 06:46 PM   #1632
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Quote:
Originally Posted by RobertWalpole View Post
Wow! Who is MIR and what's its web address?
MIR is a Norwegian company that visualize renderings and project videos, perhaps the best in the world at the moment. There is a link to their website under the renderings. I regularly post renderings done by MIR in this thread.
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Old November 8th, 2012, 06:49 PM   #1633
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They make me think of a giant pair of scissors that have been left slightly open. I really like the angles.
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Old November 8th, 2012, 06:57 PM   #1634
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Quote:
Originally Posted by Þróndeimr View Post
MIR is a Norwegian company that visualize renderings and project videos, perhaps the best in the world at the moment. There is a link to their website under the renderings. I regularly post renderings done by MIR in this thread.
Thanks. As stunning as these towers and the Equinox Tower are, I can't wait to see the fountain that the developer describes as "Trevi fountain"-calibre.
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Old November 8th, 2012, 08:45 PM   #1635
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These renders are sick! That is how you sell a project.
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Old November 8th, 2012, 09:26 PM   #1636
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Sweet mother of Illustrations!! :O That looks so powerful!
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Old November 8th, 2012, 11:02 PM   #1637
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Quote:
Originally Posted by erbse View Post
Awesome indeed!


Though the smaller tower seems a little fattie / disproportionate. It should be higher.
Yes, i think that too. Maybe it looks thinner from other angles. Still a great render though.
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Old November 8th, 2012, 11:27 PM   #1638
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awesome renderings
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Old November 9th, 2012, 02:27 AM   #1639
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those are really amazing
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Old November 9th, 2012, 02:40 AM   #1640
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That image is amazing!
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