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Originally Posted by Busy Bee
It's not really narrow. Isn't the hotel basically the whole block from Brdwy->7th & 51st->52nd?
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Quote:
Originally Posted by yankeesfan1000
From the article the existing building has a 7th Ave address and a Broadway address, so looks like it is. Even if this isn't tall, the current building is a POS and it'll be nice to see it replaced.
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It's a full block, but it's in the Times Square area where Broadway cuts through, creating smaller blocks. Being on that full block would help with the rezoning needed for that extra bulk.
Quote:
The new owner could develop about 600,000 square feet as-of-right, but if the site were put through the city’s uniform land use review process,
known as ULURP, the building could grow to as much as 900,000 square feet, a person familiar with the site said.
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That's a nice size for hotel/residential space.
An overall look from GoogleEarth...