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Old Posted May 22, 2013, 5:36 PM
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Eidolon Eidolon is offline
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Smile NEW YORK | 650 Madison | FT/M | FLOORS

Originally Posted by NYguy View Post
Could be some very close competition as the luxury highrise craze heats up in New would probably come after though.

Even some successful properties near Central Park are being eyed for a change to residential use. Consider 650 Madison Ave., a 27-story office tower, which has been put up for sale. Although it fetches top-tier office rents, the property's seller is highlighting in marketing material that a buyer would be able to tear it down and build a condo tower, with hotel and retail, in its place once the properties' leases expire.

An 800-foot residential tower could be built on the site at 60th Street, according to marketing material sent to potential buyers by advisory firm Eastdil Secured LLC. It's a "development opportunity without peers," the marketing material says.
May 19, 2013
More tall buildings for this part of Manhattan is exactly what we need. I do wonder how long this building will be a significant feature on the skyline though, with all the new ultra-luxury residentials popping up like mushrooms after a rainstorm I think that it might be essentially hidden on all sides as soon as 10 years from now.
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