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Old March 28th, 2015, 02:22 AM   #1681
solgoldberg
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Quote:
Originally Posted by gesh01 View Post
Here is a view from Tuesday of this week.
Thanks for the photo.

Based upon the question that Verical_Gotham already answered "That's one of the big boys! (1 Manhattan West)" : the photo is looking at the NE corner of the site, where one of the office towers will be built (at the SW corner of 9th Ave & 33rd street)

The other office tower will go in the SE corner of the site, out-of-frame to the right.
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Old March 28th, 2015, 04:25 AM   #1682
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here's a nice overhead look. You can see well enough work being done in the northeast section there.


New York City 23-03-15 by Tender Paws UK, on Flickr
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Old March 28th, 2015, 04:44 AM   #1683
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Today




I am amazed that SASM&F is moving to this dump. In 20 years, this area might be nice. Presently, it's crap.

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Old March 28th, 2015, 07:00 AM   #1684
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so what do you think is gonna happen to that last building once planned parenthood moves out?
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Old March 28th, 2015, 02:24 PM   #1685
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I assume that it will be razed and another rental tower will be built there.
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Old March 28th, 2015, 10:27 PM   #1686
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Which building are you talking about?
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Old March 28th, 2015, 10:36 PM   #1687
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Which building are you talking about?
The one in post 1682.
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Old March 29th, 2015, 01:21 AM   #1688
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I think that building is landmarked
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Old March 29th, 2015, 02:25 AM   #1689
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that building is definitely not land marked.

Brookfield has been attempting to purchase the building so they can build something there to incorporate it into the campus.

Below is the backstory with the ownership of that building & Brookfield.



Lone office building a grey area for Brookfield as giant presses ahead with building a new Manhattan
http://rew-online.com/2014/08/06/lon...new-manhattan/
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Old March 30th, 2015, 11:13 PM   #1690
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Data Firm Heads to Far West in Mega-Deal
http://commercialobserver.com/2015/0...-in-mega-deal/

Quote:
A London-based financial data firm is moving further west—consolidating all its office space to 5 Manhattan West, according to The Real Deal.

Markit signed a 15-year lease lease for 140,000 square feet—or the entire fifth floor—of the building. The 1.8-million-square-foot building is currently undergoing a $4.5 billion face lift as part of the Manhattan West upgrades on the Far West Side.

The building, which spans 10th Avenue between West 33rd and West 31st Streets, overlooks the soon-to-be built Hudson Yards project.

Landlord Brookfield Properties Partners has been courting technology and marketing firms for the building.

Bruce Mosler, Josh Kuriloff, Mikael Nahmias and Ethan Silverstein of Cushman & Wakefield represented the landlord, and Jeffrey Peck and Daniel Horowitz of Savills Studley represented the tenant.

Savills declined to comment through a spokeswoman. C&W declined to comment via a spokesman.

Markit, which came to the U.S. in 2004, currently splits its office space between 47,000 square feet at 101 Park Avenue and 32,000 square feet in The New York Times Building at 620 Eighth Avenue, and will be leaving those sites.

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Old March 31st, 2015, 10:07 PM   #1691
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Speaking of Planned Parenthood! Potential good news for Manhattan West Development.



Since this building is office Condo and Planned Parenthood owned their space, the building owner (Vectra Management) could have not have sold the building as a whole until Planned Parenthood leaves.

Now that the biggest obstacle will be out of the way, Brookfield is one step closer incorporating that grey space in the map into Manhattan West by offering Vectra Management a deal that they can’t refuse.


Planned Parenthood decamps to lower Manhattan as it sells midtown office
The reproductive health care nonprofit decides to move to 123 William St. and sell its 70,000-square-foot condo at 434 W. 33rd St. Potential buyer is Brookfield Office Properties

http://www.crainsnewyork.com/article...template=print

Quote:
Planned Parenthood is selling its West 33rd Street office space for at least $35 million and heading to lower Manhattan.

The reproductive health care and education nonprofit is moving to 123 William St. from 434 W. 33rd St. Planned Parenthood has hired the brokerage Eastdil Secured to sell the approximately 70,000-square-foot condo it owns and occupies at the base of the 13-story Hudson Yards office building at 434 W. 33rd St., which is about 140,000 square feet. Broker Suzanne Sunshine represented Planned Parenthood in its relocation to floors 10, 11 and half of the ninth floor at 123 William St.

Several sources familiar with the sale of the Planned Parenthood office condo say that the leading candidate to buy the space is Brookfield Office Properties, the huge New York City office owner that is developing a $5 billion office, retail and residential complex called Manhattan West on the land abutting 434 W. 33rd St. Brookfield is in talks to acquire the office condo from Planned Parenthood as well as the remainder of the building, a source said.The rest of the building is owned by the investment firm Vectra Management Group, according to property records, as a separate condo interest.

A person familiar with the negotiations said Brookfield, which owns the 8 million-square-foot office and retail complex Brookfield Place in lower Manhattan, has not finalized a deal.
Acquiring 434 W. 33rd St. would give Brookfield control of the only property it doesn't own on its Manhattan West development site spanning from Ninth to 10th avenues between West 31st and West 33rd streets. Brookfield has planned and begun the huge Manhattan West project without that property. The developer has already broken ground on a residential tower at the site and has finished a platform that decks over train tracks leading into Penn Station. It’s not clear how ownership of 434 W. 33rd St. would change Brookfield’s plans for the development.

A spokeswoman for Brookfield would not comment.
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Old March 31st, 2015, 11:34 PM   #1692
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Very interesting news. Anyone care to speculate what they may do with the property? Perhaps enlarge the hotel component? Open up a second 33rd St. entrance to the plaza between the Hotel and the North Office Tower? Maybe transfer some of the development rights to the other towers?
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Old April 1st, 2015, 04:19 AM   #1693
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Another view from the ESB, taken on the 28th:


https://www.flickr.com/photos/[email protected]/
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Old April 4th, 2015, 12:06 AM   #1694
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Quote:
Originally Posted by MarshallKnight View Post
Very interesting news. Anyone care to speculate what they may do with the property? Perhaps enlarge the hotel component? Open up a second 33rd St. entrance to the plaza between the Hotel and the North Office Tower? Maybe transfer some of the development rights to the other towers?
I really like the first and last speculation, not really feeling the middle one though. I can't deny it...just want something bigger if the development rights increase means that would make it not only possible, but damn likely!
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Old April 10th, 2015, 05:41 AM   #1695
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Construction lights blazing at 5 BMW:


New York view from Empire State Building by Leo Soares - DF, on Flickr
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Old April 11th, 2015, 04:58 AM   #1696
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Congrats to Sir Bloombito!

We all know about Skadden Arps but according to Bloomberg article, they are talking to another law firm. If it's a large law firm, I hope it's to anchor the other tower.

Quote:
Among the large deals that have a strong chance to be completed by the end of June is a pending lease by law firm Skadden Arps Slate Meagher & Flom LLP at 1 Manhattan West, a skyscraper to be built by Brookfield Property Partners LP in the Hudson Yards area on the far west side, Lemle said. Brookfield also is talking to a second law firm about renting space in the 2 million-square-foot tower, he said.
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Old April 14th, 2015, 11:56 PM   #1697
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It's official! Skadden to MW.

Brookfield to Commence Construction on Manhattan West Office Tower Anchored by Skadden
http://www.satprnews.com/2015/04/14/...ed-by-skadden/

Quote:
NEW YORK, NY–(Marketwired – Apr 14, 2015)

– Brookfield Property Partners L.P.today announced it will begin construction on One Manhattan West, a 2.1 million-square-foot office tower located at the southwest corner of Ninth Avenue and 33rd Street, having secured a 20-year lease with Skadden, Arps, Slate, Meagher & Flom LLP (“Skadden”) as the anchor tenant.

Skadden will occupy 550,000 square feet on floors 28 to 43 in the building, the first of two planned commercial buildings to be built at Brookfield’s five-acre development, Manhattan West.

“We are thrilled to welcome Skadden to Manhattan West,” said Dennis Friedrich, CEO of Brookfield Property Partners’ Office division. “This is an exciting time, to be building an entirely new neighborhood anchored by class A office towers that will redefine the west midtown skyline. When this building opens in 2019 it will be home to Skadden and other exceptional companies from New York and around the world, and Manhattan West will have established itself as a dynamic, vibrant mixed-use community.”

“We look forward to moving to a state-of-the-art building at Manhattan West, and to being part of New York City’s most dynamic new neighborhood,” said Skadden’s Executive Partner, Eric J. Friedman.

Wells Fargo Bank, N.A., Deutsche Bank AG New York Branch, The Bank of New York Mellon, and The Toronto-Dominion Bank are co-leading $1.25 billion in construction financing for the tower. Brookfield is investing $850 million in the project, bringing the total cost to $2.1 billion.

When completed, the $4.5 billion Manhattan West development will include two new class A office towers, retail, rooftop gardens, restaurants and cafes and a luxury residential building. A two-acre public park will transect the site.

Skadden was represented in lease negotiations by Peter Riguardi, Kenneth Siegel, and Matthew Astrachan of JLL. Brookfield was led in-house by Jerry Larkin, Duncan McCuaig, and David McBride, and represented by Bruce Mosler, Josh Kuriloff, Mikael Nahmias, and Ethan Silverstein of Cushman & Wakefield.

Construction began in January on Brookfield’s 62-story, 844-unit luxury residential tower in Manhattan West at 435 West 31st Street between Ninth and Dyer Avenues.

Brookfield’s Manhattan West development is a dramatic addition to the Midtown Manhattan skyline, with seven million square feet of office, residential and retail in the center of the most exciting growth area of Manhattan. Brookfield’s development sits at the gateway to Manhattan’s new West Side just one block west of Penn Station and at the entrance of the Hudson Yards district.
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Old April 15th, 2015, 07:19 AM   #1698
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@manhattanwest






@manhattanwest facebook
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Old April 15th, 2015, 07:31 AM   #1699
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'beer belly' towers indeed.
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Old April 15th, 2015, 07:38 AM   #1700
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high res base: http://www.manhattanwestnyc.com/_Glo...50107_xfer.jpg
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