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  #1882  
Old Posted Jul 17, 2017, 1:17 PM
Skyguy_7 Skyguy_7 is offline
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Beautiful shots! I trust only SHOP to turn those currently hideous East and West shear-walls into something of a masterpiece. Not even mad!
     
     
  #1883  
Old Posted Jul 17, 2017, 10:05 PM
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I trust only SHOP to turn those currently hideous East and West shear-walls into something of a masterpiece.

Yes indeed...







https://www.quora.com/What-special-c...-remain-stable




Quote:
Where are the concrete core walls? They are the dark grey elements that line the entirety of the longer sides of the building and also wrap around the stairs and elevators. So, to provide enough lateral support for this very slender structure, the designers have effectively placed their entire floor plan inside the structural core, there really is no separate wrap around gravity system to follow after the core is built*.

Now, why doesn't every building do this? As previously noted, there is a major trade off, you'll notice this structure can only accommodate tiny, dare I say, prison cell like, windows along the two long faces of the building. You'll notice the rooms with these windows are thoughtfully laid out to be bathrooms and closets, where the impact is minimal. Presumably the structure is oriented on its site so that the favorable site lines for views are at the top and bottom of the above plan, otherwise you'd really be missing out.
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  #1884  
Old Posted Jul 25, 2017, 1:06 AM
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https://www.instagram.com/p/BWv93Ztg...velopmentgroup

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Level 27 and climbing at 111w57

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  #1885  
Old Posted Jul 25, 2017, 1:33 AM
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Credit: 5Bfilms
     
     
  #1886  
Old Posted Jul 25, 2017, 11:24 PM
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JULY 25, 2017


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  #1887  
Old Posted Jul 26, 2017, 5:45 PM
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Damn this thing is absolutely shooting up. Whats the floor per week on this thing? Seems like one of the fastest i've seen.
     
     
  #1888  
Old Posted Jul 26, 2017, 9:41 PM
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From the pictures, it's risen 3 floors in the past month. Not sure if that rate will increase now that they're above the surrounding buildings
     
     
  #1889  
Old Posted Jul 26, 2017, 10:25 PM
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Read today that they are having major financial trouble.
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  #1890  
Old Posted Jul 26, 2017, 11:16 PM
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Read today that they are having major financial trouble.
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Originally Posted by chris08876 View Post
Sounds like a minor hiccup...

= = = = = = =

Investor in 111 West 57th St. claims project faces $100M shortfall


==========================
TRD
Same stuff.
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  #1891  
Old Posted Jul 28, 2017, 12:59 AM
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And there are lawsuits and they already potentially defaulted on part of the loan. The F word is bandied about (foreclosure). oy.

Curbed article:

The world’s skinniest proposed supertall, 111 West 57th Street, may be imperiled, the New York Post has learned. One of the investors on the project is suing the developers and the lender over alleged construction cost overruns.

The lawsuit, filed in the Manhattan Supreme Court, alleges that the project is already $50 million over budget when it hasn’t even reached 20-stories yet. Eventually the building is proposed to rise to 1,421 feet with 82 stories.

This investor, AmBase, has specifically blamed JDS’s Michael Stern, and Property Markets Group’s Kevin Maloney for the cost overruns, according to the Post. The increase in cost is allegedly due to the developers not accounting for the cost of construction cranes.

This seems to be the second lawsuit lobbed by AmBase against the developers. They sued JDS and Property Markets Group last year too, according to The Real Deal, alleging that the developers were trying “to dilute its stake” in the project. Previously TRD had also reported that AmBase paid $56 million towards a 59 percent stake in the project in 2015, but was unable to meet subsequent capital contributions.

In TRD’s article from earlier this month, the investor told the publication that the developers were facing up to a $100 million cash shortfall on the project. An anonymous source working on the project denied this claim to TRD.

The Post is now reporting that the developers also defaulted on a $25 million mezzanine loan from Spruce Capital Partners. Spruce allegedly looked to take over the property, but a judge blocked these foreclosure proceedings until a hearing that’s set to take place in the middle of August.

The legal counsel for JDS issued the following statement to Curbed:

"What Ambase's counsel stated happened today is not what happened. This is a baseless lawsuit which we will fully defend in court."
     
     
  #1892  
Old Posted Jul 28, 2017, 9:02 PM
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Here's hoping everything's OK
     
     
  #1893  
Old Posted Jul 28, 2017, 11:18 PM
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Here's hoping everything's OK
As far as we're concerned, everything is fine. Let the deep pockets settle their issues in court. The building continues to rise on schedule.
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  #1894  
Old Posted Jul 29, 2017, 1:41 AM
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As far as we're concerned, everything is fine. Let the deep pockets settle their issues in court. The building continues to rise on schedule.
Project is fully financed. Nuisance lawsuit from rejected investors will be dismissed.
     
     
  #1895  
Old Posted Jul 30, 2017, 3:49 AM
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The stealth supertalls begin their assault on the skyline...


Phil JACKSON

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  #1896  
Old Posted Jul 31, 2017, 12:13 AM
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My money's on 111 W 57th to eclipse Verre and CPT to the 1,050 ft mark if we take the shortest supertall rising in this 3-way race (Verre).
     
     
  #1897  
Old Posted Jul 31, 2017, 2:08 AM
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I'm all in favor of the super skinny, supertall trend as it allows for sunlight penetration in the same way that the old "ziggurat" zoning requirements did but also allows the individual building to shine on its own. (coincidentally, this emulates the design of Coruscant) This is in stark contrast to Hudson Yards, where the buildings are bulky, (generally) similar in height, and very close to each other which detracts from each individual building's architectural impact, and reduces sunlight penetration to the street. Hopefully that planning/design scheme is on its way out. The WTC complex works a little better because of the height differentials, but the height reduction of WTC-3 doesn't help.
     
     
  #1898  
Old Posted Jul 31, 2017, 3:16 AM
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Quote:
Originally Posted by gramsjdg View Post
I'm all in favor of the super skinny, supertall trend as it allows for sunlight penetration in the same way that the old "ziggurat" zoning requirements did but also allows the individual building to shine on its own. (coincidentally, this emulates the design of Coruscant) This is in stark contrast to Hudson Yards, where the buildings are bulky, (generally) similar in height, and very close to each other which detracts from each individual building's architectural impact, and reduces sunlight penetration to the street. Hopefully that planning/design scheme is on its way out. The WTC complex works a little better because of the height differentials, but the height reduction of WTC-3 doesn't help.

Sure, but that trend of super slim towers for the rich is surely unsustainable.

Last edited by aquablue; Jul 31, 2017 at 5:33 AM.
     
     
  #1899  
Old Posted Jul 31, 2017, 1:49 PM
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Sure, but that trend of super slim towers for the rich is surely unsustainable.
You aren't going to see the superslim supertalls everywhere, only in places where the real estate and market could support it. On the other hand, if you consider towers like 9 DeKalb to be superslim, then that is not the market for the rich. I do think the superslims are here to stay though, at least in Manhattan where real estate is very expensive and there will always be the wealthy from around the world looking for a slice of the apple. We just may not have as many under construction at one time. Same goes for office buildings.
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  #1900  
Old Posted Jul 31, 2017, 7:49 PM
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Yeah, I would consider 9 Dekalb to be super slim, and even CPT. 111 W 57th is on the "slim" end of the "super slim" category for me...
     
     
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