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Old Posted Jan 9, 2012, 8:25 PM
babybackribs2314 babybackribs2314 is offline
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Join Date: Apr 2006
Location: UWS, Manhattan
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Quote:
Originally Posted by gramsjdg View Post
Are the air rights for this tower the same as 432 park? (1420 ft)
People seem to be quite confused; air rights are for the amount of space to be developed, not the building's height. This building has 1.3 million square feet of air rights; they could build a 2,000' tall tower if they wanted, but that wouldn't make economical sense. Given that this project and One57 are both owned by Extell and 225 will have 30% more space than One57, I certainly think it's possible something as tall as 432 Park could rise here, although something closer to the ESB's height is more likely.