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Old March 15th, 2012, 12:06 AM   #101
HK999
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I just commented on the other thread how NY is on a role and now this! Another skyscraper is coming back to life.
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Old March 15th, 2012, 12:37 AM   #102
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Here's the scoop:

Quote:
http://www.nypost.com/p/news/busines...tNZjDu2Aw7M4vL

In what we hope will be a first step towards a new, classy skyscraper, Aby Rosen and Michael Fuchs have recapitalized their major 610 Lexington Ave. stalled development site and modified a loan with RCG Longview. Documents show RCG Longview, a nimble funding group founded by Peter Cohen, Jeffrey J. Feil, Jay Anderson, Jonathan Estreich, Michael Boxer and Mort Olshan, took over what was a $66,395,143 loan from ING.

Before it went belly-up, the original lender, Lehman Bros., had grown several loans to $145 million prior to ING taking over. RCG further reconstituted a mezzanine loan, leaving RFR owing a mere $64,735,264. RFR also transferred the property to another entity with a value of $78,041,438. After Lehman and the markets tanked, a deal with Shangri-La hotels to anchor a towering new luxury condominium project faded into the vacant lot.

In an e-mail, an RFR spokeswoman said the company bought back the 610 Lexington Ave. note and is starting to redevelop the site as a hotel and residential condominium development, as previously planned.“Currently we are going to market to source an appropriate hotel operator,” she said.

[...]
Read more: http://www.nypost.com/p/news/busines...#ixzz1p85TBDzw
Hilton Garden Inn?
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Old March 15th, 2012, 06:32 AM   #103
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Man, this is good news. This site is very good, it deserves a good skyscraper. I hope that the design is as good (or better) as predicted before, and have a good height.
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Old September 25th, 2012, 05:07 PM   #104
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According to the Wirednewyork forum there is activity on site

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Scaffolding and other detritus was brought in via rental truck this evening. First activity on this lot in years.
http://wirednewyork.com/forum/showth...t=5616&page=26
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Old September 25th, 2012, 06:30 PM   #105
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Good spotting. Flipping through that thread on WNY, IrishInNYC said on Aug 20th 2012 that the tower was out for bid, would come in at 704 feet, the Foster design was being retained, and the hotel would be a Shangra-La. He's a great source of info and is very reliable. Either way, this site is far too prime to sit around.

A look at the site from the base of the 900+ foot Citigroup Center. Typical block for Midtown.

image hosted on flickr

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Old September 25th, 2012, 11:27 PM   #106
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Spectacular design! I hope it gets built
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Old September 26th, 2012, 05:26 AM   #107
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Finally. This is a very good project, and will have a very good height.
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Old September 26th, 2012, 06:13 PM   #108
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Given the proposed rezoning, wouldn't any developer want to wait until the air-rights situation is flushed out before building a new tower? This lot could benefit significantly.
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Old December 25th, 2012, 04:16 AM   #109
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Just build it already.
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Old March 7th, 2013, 02:57 PM   #110
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This tower has been out for a bid for a few months, and a WNY forumer has reported new equipment on site, as well as some new DOB permits filled last week, and financing has apparently been secured. This looks like a go.
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Old March 8th, 2013, 02:13 AM   #111
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^ That's great news! I forgot about this tower over the last few months. Looking back at the design, it's gonna another great inclusion.
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Old March 8th, 2013, 04:51 PM   #112
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Yes I hope it's true!
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Old March 9th, 2013, 12:35 AM   #113
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Finally it's going forward here
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Old March 9th, 2013, 01:17 AM   #114
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Yeah it's cool to expect a mixed use 700+ foot tower here.
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Old March 21st, 2013, 12:07 AM   #115
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This one is definitely back on track!

It appears that SLCE has some new renderings...



Quote:
The sad, sad vacant lot at 610 Lexington Avenue was once destined to hold a Norman Foster-designed tower with New York's first Shangri-La hotel and condos, but developer Aby Rosen's plan was wholly scrapped after a foreclosure scare in 2011. But now, six years after that pipe dream began, it looks like Midtown is gonna get a tower after all. The firm filling Foster's shoes is SLCE Architects, whose past award-winning projects have included the likes of the Bloomberg building (just uptown at 731 Lexington) and the Top of the Rock observation deck at Rockefeller Center. Renderings of the glassy tower from SLCE's website are above, plus new filings with the Department of Buildings give a hint as to what's going to be in the 65-story structure planned for the southwest corner of 53rd Street.
[...]
http://www.slcearch.com/hospitality-...ngton-avenue/#

According to one rendering (maybe somone can pull them off), the tower will have some sort of illuminated crown.
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Old March 21st, 2013, 12:24 AM   #116
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Love the slenderness and the setback-less design!
Similar to Trump World Tower yet with a glass verision of Aon Center's facade?
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Old March 21st, 2013, 02:42 AM   #117
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Site activity being reported: http://wirednewyork.com/forum/showth...l=1#post425654

This one's in Prep
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Old March 21st, 2013, 03:05 AM   #118
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Great catch desert!!! Another 200+ meter for NY!!

Photos courtesty of EastMillinocket on WNY:



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Old March 21st, 2013, 03:15 AM   #119
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So they repave the site only to upturn it a couple months later? That doesnt seem very logical.
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Old March 21st, 2013, 06:03 PM   #120
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How do you mean repave?
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100 e. 53rd st., 610 lex, 610 lexington, manhattan, midtown, new york

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