NEW YORK | 36 Central Park So. (Park Lane development) | FT | FLOORS
This one is coming more into focus...
http://online.wsj.com/article/SB1000...033420148.html Quote:
http://www.nytimes.com/2013/10/06/ny...pagewanted=all By ALAN FEUER and CHARLES V. BAGLI October 4, 2013 Quote:
http://www.nytimes.com/2013/10/16/ny...=nyregion&_r=0 http://graphics8.nytimes.com/images/...phic-popup.png By CHARLES V BAGLI October 15, 2013 Quote:
Location of two planned towers on Central Park South... http://www.pbase.com/nyguy/image/152720339/original.jpg |
It's the interloper of CPS.
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I hadn't realized how horrible a design that building is, at least the exterior, until I started paying more attention to it lately. Maybe they can get Stern to design a bookend tower to 220 Central Park South.
http://www.helmsleyparklane.com/ http://www.helmsleyparklane.com/imag...masthead01.jpg http://www.helmsleyparklane.com/imag...masthead04.jpg |
Park Lane is pretty bad looking. There are a couple others on CPS as well.
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Any chance they would ask for an exception to the zoning to build higher? It just seems that such a site, given the location could be very tall and have many more condos/homes.
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Would this be a 400 ft tower or 1000+?
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Hey look, we've got a "mirror"...
http://reviewpakistan.com/pakistanis...7C-floors.html Quote:
it's no ordinary stretch of Manhattan. Quote:
which could take them higher. Being directly on the park, like 220 CPS, they don't need to go as high as everyone else. Quote:
Another look at the site in the overall CPS and midtown skylines... http://www.pbase.com/nyguy/image/152908352/original.jpg |
If whatever gets done here is twice the height tops of this hopelessly-outdated slab with its offensively vapid blank wall, I'll be happy.
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it would kinda look odd if it hit 1000ft it would directly border central park right?
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I hope they build something good here. Maybe a art deco style. Something that matches with your neighbors.
This is one of the best places in city. |
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Below you see the close proximity to the 111 W. 57th site. Both developments are relatively small overall. http://www.pbase.com/nyguy/image/152929312/original.jpg http://www.pbase.com/nyguy/image/152929313/original.jpg |
http://www.crainsnewyork.com/article...TATE/131129920
Park Lane Hotel on Cental Park South fetches $660M The property was bought by Developer Steven Witkoff and a Malaysian equity partner, Jynwel Capital, who plan to operate it as a hotel as they mull options such as a residential conversion or tearing it down and building anew. By Daniel Geiger November 26, 2013 Quote:
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With Macklowe on board, plus the Malaysian investors, you know this is going to be a super-skinny, super-expensive condo tower.
I just hope they get a great architect. |
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Yeah, I believe I read somewhere that the plan is to keep the hotel running for a couple of years. By the time this kicks off, most of the nearby super-luxury buildings will be rising, topped out, or already completed. Whatever development happens here would be one of the "new kids" on the block.... |
And you all would be setting up yourselves to be disappointed when they decide to just renovate.
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However, I do find it extremely unlikely they will do a renovation. There is too much money to be made there. |
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The hotel has super-low floor heights. It's completely unworkable as luxury housing. The value is in the land, not the building, which is why they spent so much to acquire the parcel. And it's probably also why they brought in Macklowe, who does super-luxury housing, and the Malaysian investors, who do new construction housing. |
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I will say that they know what they are doing here. It's too early to say that they will demolish the building, there are complicating factors, and they intend to keep the hotel running in the short term. But expect super-luxury here. That means high ceilings, and everything that comes with it. What I DO NOT want is a glass building here. |
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