daily menu » rate the banner | guess the city | one on oneforums map | privacy policy | DMCA | news magazine | posting guidelines

Go Back   SkyscraperCity > World Development News Forums > General Urban Developments > DN Archives



Global Announcement

As a general reminder, please respect others and respect copyrights. Go here to familiarize yourself with our posting policy.


Reply

 
Thread Tools
Old January 10th, 2014, 02:02 PM   #281
Eric Offereins
The only way is up
 
Eric Offereins's Avatar
 
Join Date: Jan 2004
Location: Rotterdam
Posts: 68,661
Likes (Received): 28202

I would like to see them too, still sceptical though.
Eric Offereins no está en línea   Reply With Quote

Sponsored Links
Old February 18th, 2014, 11:13 PM   #282
Vertical_Gotham
Registered User
 
Vertical_Gotham's Avatar
 
Join Date: Mar 2013
Location: New York, NY
Posts: 4,437
Likes (Received): 6488

Singer & Bassuk Secures $450 Million Starwood Property Trust Loan for 250 East 57th Street
http://commercialobserver.com/2014/0...t-57th-street/


Rendering of 250 East 57th Street by SOM’s Roger Duffy

Quote:
The Singer & Bassuk Organization has closed a $450 million construction loan from Starwood Property Trust for phase two of World-Wide Group‘s $600 million luxury condo development at 250 East 57th Street, Mortgage Observer has exclusively learned.

The three-year loan plus extension options, which closed earlier today, covers approximately 95 condo units and 165 rental apartments as well as about 35,000 square feet of retail space, said Andrew Singer, chairman and CEO of the New York-based brokerage firm. The loan also covers the Whole Foods Market store that was built on the site as part of phase one, he noted.

The 715-foot tower, due for completion in the next 30 months, will contain 59 stories with an estimated 268 residential units in total. The Whole Foods and two new on-site schools for PS 59 and the High School of Art and Design opened in the fall of 2012. The Educational Construction Fund of the City owns both school properties. Phase one of the development, not counting the 39,000-square-foot Whole Foods, was entirely financed by the City of New York through bonds.

The modernism-style condo skyscraper, designed by Roger Duffy of Skidmore, Owings & Merrill LLP, has been under development since 2010. Other principals in the condo project include Rose Associates and J.P. Morgan Asset Management.

“We have been involved for past six years as advisor to the developer,” Mr. Singer told Mortgage Observer.

Singer & Bassuk also provided phase-one financing of an off-site public school at 250 East 63d Street that World-Wide Group built as part of the process to relocate students from the site while the developer built the new schools there.
__________________
Vertical_Gotham no está en línea   Reply With Quote
Old February 18th, 2014, 11:28 PM   #283
Ghostface79
Registered User
 
Ghostface79's Avatar
 
Join Date: Jun 2013
Location: NYC
Posts: 1,536
Likes (Received): 4605

Another one to join the 57th street insanity. I'm a bit confused as far as the design, the article mentioned SOM as the architect, so are they keeping the same design or is SOM designing the new building with the more square massing? Or is the article wrong about SOM designing the building cause the Yimby article listed SLCE as the new architects.

http://newyorkyimby.com/2013/12/250-...designed.html#
Quote:
SLCE is listed as the new architect, and the developer is the World-Wide Group.

Last edited by Ghostface79; February 19th, 2014 at 12:07 AM.
Ghostface79 no está en línea   Reply With Quote
Old February 18th, 2014, 11:47 PM   #284
Hudson11
Stuck on the Cross Bronx
 
Hudson11's Avatar
 
Join Date: Jun 2011
Location: The Empire State
Posts: 9,526
Likes (Received): 22562

I believe SOM was responsible for the jagged design.
Hudson11 no está en línea   Reply With Quote
Old February 19th, 2014, 12:02 AM   #285
Vertical_Gotham
Registered User
 
Vertical_Gotham's Avatar
 
Join Date: Mar 2013
Location: New York, NY
Posts: 4,437
Likes (Received): 6488

yea i think unfortunately the jagged twisty design is out for a more boring design.
Vertical_Gotham no está en línea   Reply With Quote
Old February 19th, 2014, 06:36 PM   #286
Manitopiaaa
Illuminati Leader
 
Manitopiaaa's Avatar
 
Join Date: Mar 2006
Location: Alexandria, Nova, The Crown Commonwealth of Virginia (see sig)
Posts: 4,427
Likes (Received): 10288

Why would you torture us by putting the former render in the post? :P Wasted opportunity this tower will be.
__________________


Atlanta (6,451,262) - Boston (8,176,376) - Chicago (9,882,634) - Cleveland (3,483,311) - Dallas (7,673,305) - Denver (3,470,235) - Detroit (5,318,653) - Houston (6,972,374)
Los Angeles (18,688,022) - Miami (6,723,472) - Minneapolis (3,894,820) - New York (23,689,255) - Orlando (3,202,927) - Philadelphia (7,179,357) - Phoenix (4,661,537)
Portland (3,160,488) - San Diego (3,317,749) - San Francisco (8,751,807) - Seattle (4,684,516) - Tampa (3,032,171) - Washington (9,665,892)
Manitopiaaa no está en línea   Reply With Quote
Old February 19th, 2014, 06:58 PM   #287
Vertical_Gotham
Registered User
 
Vertical_Gotham's Avatar
 
Join Date: Mar 2013
Location: New York, NY
Posts: 4,437
Likes (Received): 6488

Quote:
Originally Posted by Manitopiaaa View Post
Why would you torture us by putting the former render in the post? :P Wasted opportunity this tower will be.
lol.. I admit I knew what I was doing but it was in that article!

I'm a bit sadistic that way.
Vertical_Gotham no está en línea   Reply With Quote
Old February 19th, 2014, 07:19 PM   #288
desertpunk
Whiskey Tango Foxtrot
 
desertpunk's Avatar
 
Join Date: Oct 2009
Location: ELP ~ ABQ
Posts: 55,648
Likes (Received): 53450

The YIMBY came out with a taste of the 'new design' back in December:


http://newyorkyimby.com/2013/12/250-...-designed.html


To say it's uninspired is a massive understatement.
__________________
We are floating in space...

Subsequence liked this post
desertpunk no está en línea   Reply With Quote
Old February 20th, 2014, 01:17 AM   #289
LordGrantham
BANNED
 
Join Date: Feb 2014
Posts: 12
Likes (Received): 5

Perhaps the developer will use the old design at its new site on 60th and Lex.
LordGrantham no está en línea   Reply With Quote
Old February 21st, 2014, 08:44 PM   #290
desertpunk
Whiskey Tango Foxtrot
 
desertpunk's Avatar
 
Join Date: Oct 2009
Location: ELP ~ ABQ
Posts: 55,648
Likes (Received): 53450

World Wide Group lands $450M loan for 252 East 57th Street

Quote:
The World Wide Group and Rose Associates secured a key construction loan for its 65-story rental and condominium tower at 252 East 57th Street Thursday, the firm announced.

The closing on the $450 million loan — the largest such financing of 2014 so far, according to World Wide — is seen as a key development in moving the project forward. Starwood Property Trust provided single-partner financing for the mega loan.

Hunton & Williams represented World Wide Group in the financing deal, while Andrew Singer served as advisor. Sidely Austin’s Robert Golub represented the lender.

The 700-foot tower will offer 93 condominium units and 173 rental apartments, along with 33,000 square feet of retail space, and is being marketed by Stribling Marketing & Associates. Construction is already underway, and sales are slated to kick off in the second quarter of 2014.
The height and floor count figures are off, probably due to sloppy reporting.
__________________
We are floating in space...
desertpunk no está en línea   Reply With Quote
Old February 25th, 2014, 11:40 AM   #291
hunser
Steinway to Heaven |¦┆┊
 
Join Date: Nov 2008
Location: Wien
Posts: 1,837
Likes (Received): 5031

Some inside info by Stopher @SSP:

Quote:
Hey there, everyone!

Obviously, I'm new here, but I've been an avid reader of this board for over ten years.

I'm a manager at the Whole Foods that was built in the retail space as part of phase 1 of the development, and I'm also a huge New York City skyscraper geek.

A few observations:
They definitely seem to be going with the newer, simpler design as opposed to the gorgeous crystalline structure that was originally slated to be built. There's a poster on the construction barricade of the vague massing drawing posted here a little while back.

My two cents:
Prepare to be disappointed. I expect this to look cheap and uninspired; here's why: Phase 1, with the Whole Foods and schools, is kind of a train wreck, both in visual quality and structurally. It's no secret that the building looks like a pile compared to the renders, but they value engineered the hell out of pretty much everything.

We've had constant problems with the water tank, piping, heating, and air conditioning systems since we opened in August of 2012. Pipe backups and leaks (borderline floods!) are commonplace, and my coworkers and I joke that the place was built with cardboard and masking tape.

I would like to be surprised by this building, but I wouldn't hold my breath.

Also, they've been drilling all this past week. Construction has DEFINITELY resumed, and they're digging now to build the foundation.

Cheers!
At least it will be u/c soon.
hunser no está en línea   Reply With Quote
Old April 1st, 2014, 01:40 AM   #292
57th&1st
Registered User
 
57th&1st's Avatar
 
Join Date: Jul 2012
Location: New York
Posts: 403
Likes (Received): 2298

Well this is kind of cool... "Storage Retrieval Unit - Automatically Operated - No Humans Present." Basically, parking via an automobile vending machine... Check out the pictures on the second-to-last page...
__________________

Vertical_Gotham liked this post
57th&1st no está en línea   Reply With Quote
Old April 1st, 2014, 04:30 AM   #293
JohnFlint1985
I love New York
 
JohnFlint1985's Avatar
 
Join Date: Jun 2007
Location: New York - New Jersey
Posts: 15,621
Likes (Received): 6558

True Billionaires row
__________________
RIP QuantumX & Desertpunk

"Dissent is the highest form of patriotism.” Thomas Jefferson
"We Shall Never Surrender." Winston Churchill
“Not all those who wander are lost.” J.R.R. Tolkien
"Patriotism is the virtue of the vicious." Oscar Wilde
"They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety." Benjamin Franklin
JohnFlint1985 no está en línea   Reply With Quote
Old April 14th, 2014, 05:49 PM   #294
Ghostface79
Registered User
 
Ghostface79's Avatar
 
Join Date: Jun 2013
Location: NYC
Posts: 1,536
Likes (Received): 4605

From [email protected]
http://forum.skyscraperpage.com/show...117521&page=13


__________________

Kanto, Munwon liked this post
Ghostface79 no está en línea   Reply With Quote
Old April 14th, 2014, 07:14 PM   #295
droneriot
Urban Hermit
 
droneriot's Avatar
 
Join Date: Apr 2008
Location: Cydonia Mensae
Posts: 4,664
Likes (Received): 2622

That's a real high quality render on the project board.
droneriot no está en línea   Reply With Quote
Old April 14th, 2014, 11:17 PM   #296
Eric Offereins
The only way is up
 
Eric Offereins's Avatar
 
Join Date: Jan 2004
Location: Rotterdam
Posts: 68,661
Likes (Received): 28202

Status should be PREP, if not U/C already.
Eric Offereins no está en línea   Reply With Quote
Old April 25th, 2014, 04:20 AM   #297
Ghostface79
Registered User
 
Ghostface79's Avatar
 
Join Date: Jun 2013
Location: NYC
Posts: 1,536
Likes (Received): 4605

http://www.nytimes.com/2014/04/27/re...ear.html?_r=0#
__________________
Ghostface79 no está en línea   Reply With Quote
Old May 7th, 2014, 09:07 PM   #298
57th&1st
Registered User
 
57th&1st's Avatar
 
Join Date: Jul 2012
Location: New York
Posts: 403
Likes (Received): 2298

From this morning (click on image for full size pics...):













__________________

Munwon, Tubeworm, McSky, streetscapeer liked this post
57th&1st no está en línea   Reply With Quote
Old May 9th, 2014, 12:17 AM   #299
ZZ-II
I love Skyscrapers
 
ZZ-II's Avatar
 
Join Date: May 2006
Location: Near Ingolstadt in Bavaria
Posts: 33,506
Likes (Received): 6525

Totally forgot this project, nice to see it's progressing well!
ZZ-II no está en línea   Reply With Quote
Old May 11th, 2014, 10:09 PM   #300
onewtclover
Registered User
 
onewtclover's Avatar
 
Join Date: Aug 2013
Location: New York, New York
Posts: 1,171
Likes (Received): 1028

Quote:
Originally Posted by desertpunk View Post
The YIMBY came out with a taste of the 'new design' back in December:


http://newyorkyimby.com/2013/12/250-...-designed.html


To say it's uninspired is a massive understatement.
I'm not sure the render and the drawing have the same design, or the render has the old design and the drawing has the new design, but I think on the render the tower looks great. Reminds me of Norman Foster's design (I think it was Norman Foster's design) of the new World Trade Center. It was a little wacky, but the render of the new tower proves that it would look better if it was shorter. Oh, and this building also reminds me of the Hearst Tower a bit.

Norman Foster's design for the World Trade Center:



Hearst Tower:

__________________

Eric Offereins liked this post
onewtclover no está en línea   Reply With Quote


Reply

Tags
250 e.57th st., manhattan, midtown, new york

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Related topics on SkyscraperCity


All times are GMT +2. The time now is 08:49 PM.


Powered by vBulletin® Version 3.8.11 Beta 4
Copyright ©2000 - 2017, vBulletin Solutions Inc.
Feedback Buttons provided by Advanced Post Thanks / Like (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.

vBulletin Optimisation provided by vB Optimise (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.

SkyscraperCity ☆ In Urbanity We trust ☆ about us | privacy policy | DMCA policy

Hosted by Blacksun, dedicated to this site too!
Forum server management by DaiTengu