NEW YORK | 220 Central Park So.| 952 FT | 70 FLOORS
A 176m/41 story tower designed by Pelli Clarke Pelli will rise on this site.
The building is empty and permits were filed in late June 2010 for the barriers to be used in connection with demolition. http://www.cityrealty.com/graphics/u...99_cps220c.gif |
This area will be quite transformed if/when this goes up, Carnegie 57 goes up and the other Extell building finally is constructed. I look forward to seeing the design of this one. For some reason I hope they give it a classic new york look (similar to 15 Central Park West), rather than something avant garde.
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First, I don't see problems with financing for this building. Any building fronting Central Park will always be recession-proof. Second I'd be willing to bet we get limestone on this thing.
Off to check out Pelli Clark Pelli website to see what theyve done recently. |
I agree that limestone would be nice, but it will be glass.
It runs through the whole block to W58th. |
:previous: how do you know, have you seen the design?
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I have not. However, this project was planned before the market crashed. It has been the subject of many articles because it was a rent-regulated building, and the owners were offering tenants $1m each to leave. Many still refused, and the owners sued and won in court. I believe that it's now totally empty.
Google "220 Central Park South," and you'll find many articles. Extell owns contiguous sites on W58th, which are just north of its 225 W57th assemblage, and it plans a 20-30 story building there -- short so as not to block the views from 225 W 57th. |
Yep. It's totally empty now, with scaffolding around. I'll post some photos later.
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Thanks, Lecom.
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Alrighty. Nice to see a thread for this project finally.
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http://img141.imageshack.us/img141/3...ntralparks.jpg
http://img696.imageshack.us/img696/1...ntralparks.jpg source: me, both photos Really, this building is a dump on an otherwise beautiful city stretch. Good to see it go. |
The remaining rent-controlled tenants really extorted large, multi-million dollars sums from the developer to leave their apartments.
http://ny.curbed.com/archives/2010/1...park_south.php |
A Knisett-style battle for control of this site is brewing between Barnett and Roth. The Yom Kippur War may look tame by comparison!
http://therealdeal.com/newyork/artic...-be-bought-out Roth's latest 220 CPW headache: Gary Barnett March 28, 2011 09:30AM Gary Barnett Developers Steven Roth and Gary Barnett are set to face off at 220 Central Park West, a 1950s-era apartment building that Roth's Vornado Realty Trust has been planning to demolish and replace with a 41-story, $400 million condominium tower for more than five years. But Barnett, president of the increasingly powerful Extell Development, is the leaseholder on the parking garage below, and so far he's refusing to be bought out, according to the Wall Street Journal. In December, Vornado agreed to pay $40 million to buy out the remaining 26 rent-regulated tenants at the 124-unit building, which it acquired with the Clarett Group for $131 million in 2005. Barnett, who has operated the garage for the past few years, has about six years left on his lease. Vornado may still be able to build at 220 Central Park West if Barnett continues to rebuff the company's buyout efforts, but that would make it a much more expensive project, sources said. Barnett also owns a neighboring lot on 58th Street -- adjacent to another Vornado-Clarett building at 229 West 58th Street -- and has already filed plans to build an 18-story apartment building on that site. [WSJ] |
http://online.wsj.com/article/SB1000...922583306.html
Vornado Project Hits Hard Spot http://si.wsj.net/public/resources/i...0327193611.jpg http://si.wsj.net/public/resources/i...0327194257.jpg By ELIOT BROWN March 28, 2011 Quote:
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Great location, thats for sure
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If the air rights from Barnett's adjacent sites are added, I wonder if we can get another 900 footer! It's in Barnett's interest to be a partner on this site and ensure that a very slender tower is built which does not interfere with views from Carngie 57 or from 225 W57th.
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I have difficulty imagining how a tall tower at this sight would not interfere with Barnett's site at 225 w57th.
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Here are the adjacent lots on W58th St.:
LOFTER1 http://wirednewyork.com/forum/showth...t=10481&page=3 http://wirednewyork.com/forum/attach...1&d=1232032716 |
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Any news on this?
Cant wait until this ugly pos is razed. |
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