NEW YORK | 50 W 40th St. | Proposed
The New York Post and NY Times reported on 17 Nov. 2010 that a new tower of 300,000 sf designed by Norman Foster will rise at 50 W 40th St.
NYPost.com http://www.nypost.com/p/news/busines...mPpwfRkScAoL/1 Sources say Eric Hadar is negotiating to hire starchitect Norman Foster's firm, Foster & Partners, to design a new contemporary tower that would overlook Bryant Park. Foster is known here for the new Hearst Building's jewel-like Crystal Cathedral and the four-story addition for Aby Rosen's 980 Madison Ave. project. Complicating the construction on W. 40th St., sources say, Hadar has also signed CUNY to lease one of the buildings on the mid-block site between Fifth and Sixth avenues in order to provide income. Hadar declined to discuss the project or lease. Nevertheless, sources say CUNY is expecting to take over the 91,000-square-foot 50 W. 40th St. The 10-year lease, which sources say nets out to the mid-$30s a foot, still has to be approved by various city officials. John Bonamusa of JJ Bonamusa & Associates approached Hadar and suggested the CUNY deal. He could not be reached for comment. Howard Kessler of Newmark Knight Frank is representing CUNY and declined comment. Other sources say CUNY would create a new community college to act as a "feeder" to its larger four-year programs. The small building is perfect for a school, as it is currently being used by the Katherine Gibbs School, which spent some $20 million on creating classrooms and upgrades. Career Education Corp., its Chicago parent company, wants to gets out of its lease, which goes to December 2015, and has been unsuccessfully trying to sublease. Hadar also owns the adjacent 43 W. 39th St. along with the 51,000-square- foot Daytop Village Building at 54 W. 40th St. With 130 feet along Bryant Park and a slew of air rights, Foster's options in clude designing a building of up to 300,000 square feet that would canti lever over 50 W. 40th St. The seven-story black-and-gold 50 W. 40th is an annex building to its taller neighbor, the Raymond Hood-designed, landmarked American Radiator Building, which houses the Bryant Park Hotel. Hadar's smaller annex has 30-foot-high ceilings on the ground floor with a group of large windows overlooking the park and a number of setback terraces flocked with gold. While not landmarked, sources say any future development would likely maintain the façade and simply build up and over the annex. Development plans for the ultra-modern tower, which could include office, hotel and residential spaces, were first revealed by Post colleague Jennifer Gould Keil last month. A year ago, Hadar bought out his father, Richard Hadar, from the buildings. His parents are divorced and his mom, Margery Hadar, is the Brown Harris Stevens agent marketing his breathtaking $26.25 million city apartment on E. 65th St. with 360-degree views. The article from The New York Times: http://www.nytimes.com/2010/11/17/re...=bryant&st=cse |
I was reading that earlier, but I believe it will be a while before anything comes of it...
http://www.nytimes.com/2010/11/17/re...html?src=twrhp Bryant Park Finds Bright Spots Amid the Gloom http://graphics8.nytimes.com/images/...tgfc-popup.jpg By JULIE SATOW November 16, 2010 Quote:
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A 300,000 sf hotel could be 600-700 feet tall.
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Recall that the buildings located at 1041 6th Avenue also were demolished recently and a 350,000 sf hotel/residential will be built there. Therefore, this immediate area will see three buildings in 550 to 700foot range.
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There's also a fourth local highrise assemblage at 6th Ave. and 39th street. The entire block is owned by one entity. The assemblages directly on 6th (the one at 39th and the previously referenced one at 1041 6th) have huge air rights and can be built extremely tall. One could build much more than 350,000 ft. on either site. |
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Sixth Avenue in this part of Midtown has a number of major development sites. |
The local nimbies will never allow anything taller than 300 feet or so on the Bryant Park's south side. They'll say that it will eternally block all of the park's sunlight, or something along those lines. They've flipped out at the prospect of a 250 foot tower on the same block, so if this Foster tower wants to see the light of day, it better have MAJOR financial and political backing.
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If they can build as of right, the NIMBYS have no say -- as was the case with Extell's 1,000 foot tower which will cast shadows over Central Park. 350,000 sf will be pretty tall if it's a hotel or residential.
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The other development site (14 West 40th) with all the NIMBYs is on a landmarked lot. This site isn't landmarked; hence no public review. |
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On a related note, this project would further congest Bryant Park, which is already one of the busiest public spaces in the city, if not the country, for better or worse (such congestion has positive and negative tradeoffs for everyone involved). |
Any photos of the site? And yea Norman Foster! Love that guy
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They're building above this low-rise masterpiece which is an annex to the utterly magnificent American Radiator Building. Recall that Foster also designed the Hearst Tower which is a 50 story "addition" built above an old masterpiece.
http://ny.curbed.com/uploads/lordnor...ck_11_%210.jpg |
http://www.observer.com/2010/real-es...-norman-foster
Another Bryant Park Project for Norman Foster http://www.observer.com/files/full/5...0th_Street.jpg Foster would replace the building at right and cantilever over 50 West 40th. By Matt Chaban November 17, 2010 Quote:
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I actually like it the way it is to be honest
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This is a VERY small footprint, and therefore, a 300,000 sf hotel/residential might very well be over 700 feet tall. For example, the planned hotel on B'Way and 51st has about 300k sf and will be 751 feet tall.
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If they mess with the American Radiator Building I will go berserk. Thats one of my favorite buildings in New York.
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It's landmarked. They can't touch it.
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So let me get this straight, the light colored skinny limestone structure will go or it and the large taller brick structure on the corner too?
Would be nice if Foster would just incorporate the limestone building as the base of the tower similar to Hearst. You would think that Foster, being a civilized Londoner, would oppose the destruction of a structure with so much architectural dignity. |
I belive that the building on W39th Street would be demolished and that the tower would be built on its lot and will cantilever over the American Radiator's seven story annex. If the plan is to raze the limestone tower, then I hope that it fails.
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