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Old August 1st, 2011, 03:37 AM   #1641
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Quote:
Originally Posted by spectre000

A Park Hyatt hotel and condominiums.
Oh I knew that I remember seeing the diagram for use of space a while back.
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Old August 1st, 2011, 12:23 PM   #1642
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Dan Burnett, Sunday, July 31st..













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Old August 1st, 2011, 02:05 PM   #1643
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If you look closely on the first pic, the lobby on 58th street just got some horizontal steel..They're preparing it for the cladding..

Also:

Quote:
Along 57th, New Signs of Edifice Complex


A rendering of 157 W. 57th St., center, a 90-story condo and hotel project near Carnegie Hall that will sprout 1,004 feet high.
Another planned building down the street could top off at more than 1,000 feet.

By CRAIG KARMIN
August 1, 2011

The battle to build New York City's tallest, and possibly priciest, residential building is heating up along Manhattan's 57th Street corridor.

Extell Development Co. has leapt ahead. The New York developer already has built 22 floors of a 90-story condo and hotel project that will sprout 1,004 feet high, near Carnegie Hall.

Four blocks to the east, on Park Avenue, Los Angeles-based real-estate investors CIM Group with developer Harry Macklowe are building a tower that they have said privately has the rights to top off at more than 1,000 feet. While they haven't revealed their final plans, people in the New York real estate community expect they will build close to that height.

Meantime, Houston-based developer Hines is trying to revive the stalled MoMA tower project on West 53rd street that has been approved to build up to 1,050 feet.
http://online.wsj.com/article/SB1000...googlenews_wsj
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Last edited by DinoVabec; August 1st, 2011 at 03:18 PM.
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Old August 1st, 2011, 02:06 PM   #1644
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I don't know where did they get that number of 90 floors and 1,004 ft..
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Old August 1st, 2011, 02:14 PM   #1645
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Well 1004 ft is more or less understandable seeing as it's a foot off. But yeah, that 90 floors figure shows they're not doing research
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Old August 1st, 2011, 02:22 PM   #1646
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Quote:
Originally Posted by DinoVabec View Post
If you look closely on the first pic, the lobby on 58th street just got some diagonal steel..They're preparing it for the cladding..
I don't see it.
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Old August 1st, 2011, 02:35 PM   #1647
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Quote:
Originally Posted by droneriot View Post
I don't see it.
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Originally Posted by DinoVabec View Post
July 10th, Dan Burnett..

Quote:
Originally Posted by DinoVabec View Post
Dan Burnett, Sunday, July 31st..

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Old August 1st, 2011, 02:40 PM   #1648
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Oh, the horizontal beams. Your using the word "diagonal" confused me. Thanks for pointing it out.
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Old August 1st, 2011, 03:19 PM   #1649
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Quote:
Originally Posted by droneriot View Post
Oh, the horizontal beams. Your using the word "diagonal" confused me. Thanks for pointing it out.
I'm thinkin' on horizontal and writing "diagonal".. Sorry, my bad..
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Old August 1st, 2011, 03:40 PM   #1650
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That render looks awesome! Thanks for pointing out the horizontal steel Dino!

"Another planned building down the street could top off at more than 1,000 feet."

Which one are they talking about?
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Old August 1st, 2011, 04:37 PM   #1651
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That render looks awesome! Thanks for pointing out the horizontal steel Dino!

"Another planned building down the street could top off at more than 1,000 feet."

Which one are they talking about?
225 West 57th Street
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Old August 1st, 2011, 05:55 PM   #1652
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I just wonder, how much can an apartment in such a building cost?
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Old August 1st, 2011, 06:03 PM   #1653
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Although it's speculated that 225 w57 will indeed be over 1000 ft, the article was actually talking about 440 Park ave
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Old August 1st, 2011, 07:40 PM   #1654
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Quote:
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I just wonder, how much can an apartment in such a building cost?
According to curbed, units will start at $5M and go up to roughly $30M.

Nothing is written in stone though at this point. Frankly, I would not be surprised to see the penthouse get north of $30M, a 12 or 15th floor apartment at the Plaza sold for $45M earlier this year. We'll just have to wait and see.
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Old August 1st, 2011, 07:49 PM   #1655
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That are the prices they gonna sell the units for the first time. But given future real estate circumstances, theese units, especially the higher ones, could end up astonishingly expensive, since the view will be amazing.
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Old August 1st, 2011, 07:54 PM   #1656
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Quote:
Originally Posted by yankeesfan1000 View Post
According to curbed, units will start at $5M and go up to roughly $30M.

Nothing is written in stone though at this point. Frankly, I would not be surprised to see the penthouse get north of $30M, a 12 or 15th floor apartment at the Plaza sold for $45M earlier this year. We'll just have to wait and see.
With M you mean million right?
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Old August 1st, 2011, 07:55 PM   #1657
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Quote:
Originally Posted by germantower View Post
That are the prices they gonna sell the units for the first time. But given future real estate circumstances, theese units, especially the higher ones, could end up astonishingly expensive, since the view will be amazing.
Yeah, exactly. Those are the prices you would pay if you bought directly from the developer. I have to imagine that more people will express serious interest in buying than the number of available units, because like you said the views will be perfect.

With that in mind, this developer Extell is also responsible for another similar project a block west on 57th street, that will also be residential or hotel/residential like this one and taller. This project was initially funded by some Middle Eastern financiers, I believe from Abu Dhabi, so Extell will certainly use the immense interest they get for these units to show how high demand is for high end NY real estate to those same investors. And hopefully we can two 1000 ft Extell towers rising a block from each other.

"With M you mean million right? "

Yes. And like germantower said, I wouldn't be shocked to see the people lucky enough to buy at those prices sell them at substantial mark ups. The views from this tower are as pristine and perfect as is currently possible.
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Old August 1st, 2011, 07:57 PM   #1658
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Quote:
Originally Posted by Kanto View Post
With M you mean million right?
Yes he means million
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Old August 1st, 2011, 08:02 PM   #1659
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Is there info on how much the hotel units will cost per night?
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Old August 1st, 2011, 08:04 PM   #1660
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30 million for an apartment? OMG, that's mega expensive I'd have to live for like 10 thousand years if I wanted to buy that
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