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  #141  
Old Posted Oct 12, 2007, 8:02 PM
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Originally Posted by CoolCzech View Post
Since the chief challenge for NYC in the future is the fact that the older commercial buildings need to be replaced by modern ones, why doesn't the city shift its attention to helping convert the older ones to residential, and letting buildable lots be used for new commerical towers, instead?
That's happening as well, but you can only go so far with that. These days, people tend to want brand new construction, with floor to ceiling windows and great, wraparound views. Hard to get all of that with these older buildings.
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  #142  
Old Posted Nov 11, 2007, 11:55 AM
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NOVEMBER 10, 2007

Before:




And going:

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  #143  
Old Posted Nov 11, 2007, 3:57 PM
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Thanks for the contributions NYguy. If I had a camera, I would give visual updates too.
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  #144  
Old Posted Nov 11, 2007, 7:03 PM
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will this begin construction right after demo is complete?
     
     
  #145  
Old Posted Nov 11, 2007, 7:24 PM
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will this begin construction right after demo is complete?
They didn't give a construction timetable for this one.
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  #146  
Old Posted Nov 14, 2007, 7:44 PM
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http://www.observer.com/2007/time-eq...tower-downtown

Time Equities Moves Forward on 65-Story Hotel and Condo Tower Downtown

by Eliot Brown
November 9, 2007

Time Equities has applied for a building permit for a 65-story glass condo tower at 50 West Street, city records show. The luxury hotel and condo building would be completed in 2010.

The Helmut Jahn-designed tower, which the permit application puts at 714 feet, would have 305 condos atop 15 stories of a 150-room luxury hotel, according to project director Dermot Johnson.

Three buildings are being demolished to make way for the skyscraper, the largest being a 13-story Beaux Arts at 47 West Street.


http://a810-bisweb.nyc.gov/bisweb/Jo...27&requestid=1
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  #147  
Old Posted Nov 14, 2007, 8:23 PM
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714' at that location will make a huge impact for the LM skyline. I

The irony still kills me that they said "no skyscrapers will ever be built in Manhattan again", yet Lower Manhattan is now going through its biggest boom in decades. Not to mention the rest of the city.
50 West, The William, 111 Washington, Goldam Sachs, The New WTC, The potential "PathmarK" twins, The proposed 80 South Street, 4 Albany,.........
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  #148  
Old Posted Nov 14, 2007, 11:45 PM
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714' at that location will make a huge impact for the LM skyline.
The building itself will be about 725' or more, close to the height of 7 WTC.
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  #149  
Old Posted Nov 23, 2007, 12:31 PM
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http://downtownexpress.com/de_237/developerpays.html

Developer pays $5m into housing fund to greenlight condo tower




By Josh Rogers
November 23 - 30, 2007

Downtowners being squeezed by rents might not have to move to Brooklyn after all. The developers who told them to do that have just agreed to pay $5 million into a Lower Manhattan affordable housing fund in exchange for city approval of their luxury condo and hotel building at 50 West St.

The City Council approved the $600 million project last Thursday, giving Time Equities Inc. the go-ahead to build a 63-story tower next to the Battery Tunnel Garage. The first 14 floors of the building designed by Helmut Jahn will have a 155-room, four star hotel and restaurant, and the other floors will have 290 condos. Time hopes to demolish the green-roofed building at 50 West and begin constructing the tower next year. The building is slated to open in 2010.

The firm has agreed to put $5 million into a special fund to preserve affordable housing south of Houston St. and the city will add nearly $2 million. Time had fought with community leaders and local politicians this year over including affordable housing money in the project. At a meeting to try and persuade Community Board 1 to back the condo plan, Phillip Gesue, Time’s director of acquisition and development, suggested that board members should move to Brooklyn if they no longer could afford Lower Manhattan.

Francis Greenburger, the firm’s chairperson and C.E.O., subsequently disavowed Gesue’s comment in an August interview with Downtown Express, saying in general, affordable housing was desirable, but Greenburger was not willing then to link it to his West St. project.

Councilmember Alan Gerson, who negotiated the agreement with Greenburger and the Bloomberg administration, said the housing fund is the first step to keeping places like Battery Park City’s Gateway Plaza affordable.

“Now we have a new entity that can receive funds from any number of sources that we can use to preserve affordable housing at Gateway -- which was on my mind through this process -- and other places,” Gerson said.

Under a special agreement, Gateway’s owner, the Lefrak Organization, is obligated to stay in rent stabilization until 2009. Gerson said $6.7 million from Time Equities and the city will not be enough to keep Gateway from going market rate, but he’s hopeful the fund will get other contributions.

Even without additional money, the fund will still do a lot more than what could have been hoped for at the beginning of negotiations, Gerson said. Greenburger had made it clear from the outset that his building was too expensive an undertaking to be able to include any below market units, but even if he didn’t take that stance, 20 percent is the traditional amount of affordable apartments set aside in luxury projects. The new fund will preserve many more than 58 apartments – 20 percent of the Time project – Gerson said, although the exact number won’t be clear until the city’s Housing Preservation and Development gets the money, sets up the fund and decides how to spend it.

The city sale of air rights to Time is expected to be finalized soon, after which Time is obligated to pay the first $2.5 million into the housing fund, Gerson said. The second half of the money will be due after the firm gets the certificate of occupancy for the condo.

Gerson said he thinks it’s the first affordable housing fund, financed by a private developer and its important to keep economic diversity Downtown. “Do we want to be in a city that’s economically segregated,” he asked, adding it would be terrible if “the rescue workers who saved Lower Manhattan…could not afford to live in this community.”

City officials and Time executives declined to comment on the agreement for this article. They issued prepared statements in a City Council press release praising the project.

Under a previously announced agreement, Time will buy laptop computers for I.S. 89 in Battery Park City. The middle school gave up its computer lab this year to make more room for P.S. 89 and was hoping to have the laptops in September.

Not having the laptops “ has been a real serious problem this year,” said Michele Herman, the P.T.A.’s secretary. She said teachers planned the curriculum around having the new laptops in their rooms and have had to adjust. Gerson said he’s trying to expedite the computer purchases and hopes the school can get them by next month. Under the agreement, Time will also pay for a full-time staff member to provide computer support for the school.

Gerson said the city was going to put $2 million in the affordable housing fund, but when it looked like a support center for Downtown science teachers was going to be cut, he convinced the city to shift $300,000 to save the program on Henry St.

Greenburger will buy 183,000 square feet of air rights from the city under the deal. In August, he said he expected to pay about $30 million. Gerson said the figure increased a little to about $33 million, but Janel Patterson, a spokesperson for the Economic Development Corp., said the final price has not been decided.

The city will demap Ward St., a narrow and little-known street and Time will convert it into a public plaza to improve pedestrian access in the area now known as Greenwich Street South.
The long-term plan is to improve access through the Greenwich area which includes the West Side Highway and the entrance to the Brooklyn-Battery Tunnel. The city hopes to someday add two small parks and more residential buildings to the area just south of the World Trade Center site.

Gerson said the city is starting to move on the Greenwich plans. “I have their commitment that the next step is to fix up the streetscape and these two parks,” he said.
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  #150  
Old Posted Nov 27, 2007, 3:48 PM
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NOVEMBER 25, 2007




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  #151  
Old Posted Nov 27, 2007, 9:25 PM
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awesome!! i thought had thought this cancelled.
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  #152  
Old Posted Nov 28, 2007, 2:16 PM
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awesome!! i thought had thought this cancelled.
Just a little under the radar. But 50 West will be gone before you know it.
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  #153  
Old Posted Nov 30, 2007, 1:44 PM
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http://downtownexpress.com/de_238/undercover.html

How 50 West was won


City Councilmember Alan Gerson was not entirely pleased with Downtown Express editorials earlier this year regarding 50 West St., because one called on him to “stiffen his resolve” to get affordable housing money out of developer Francis Greenburger. But Gerson told us last week that he cited our editorial “on more than one occasion” as he battled the developer to get $5 million in housing money.

Borough President Scott Stringer took a tougher line at the beginning, rejecting the condo and hotel project outright because there was no affordable housing money in the $600 million project.

So who knows, maybe it turned out to be a little “good cop, bad cop.” Greenburger isn’t talking.
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  #154  
Old Posted Dec 12, 2007, 1:17 AM
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how far alon are they in the demo?
     
     
  #155  
Old Posted Dec 12, 2007, 1:28 PM
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how far alon are they in the demo?
It's been about 3 weeks since I've last seen it.
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  #156  
Old Posted Jan 25, 2008, 1:52 AM
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Any updates?
     
     
  #157  
Old Posted Feb 7, 2008, 2:57 AM
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Any updates?
Daily Activities
*The following information was last updated on January 31, 2008.

Saturday construction is currently in effect from approximately 8 a.m. to 3:30 p.m. for load-out of demolition materials on Washington and West Streets.
Demolition began at 74/80 Washington Street in late August 2007 and continues into February 2008
Demolition of 47 West Street through March 2008
Utility disconnections

Frequently Asked Questions
Q: What is this project's work timeline?
A: Developer Time Equities began abatement and deconstruction work in February 2007 and should conclude it in early 2008. That work includes demolition of the three buildings between West and Washington at J.P. Ward Street. Construction will kick off in early 2008 and continue for approximately 32 months (through June 2010).


http://www.lowermanhattan.info/const...spx#activities
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  #158  
Old Posted Feb 22, 2008, 11:38 AM
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http://downtownexpress.com/de_251/dustingoffold.html

Dusting off old plans?



A Lower Manhattan Development Corporation rendering and map from the Greenwich Street South concept of a few years ago show a park on Morris St., above, and possible development sites to fund the improvements.




By Julie Shapiro
Feb. 22 - 28 , 2008


When city planners look at the sunken area at the mouth of the Brooklyn Battery Tunnel, they see air rights. For years, the city has been considering decking over the tunnel entrance, creating over a million square feet of air rights that could be sold to developers.

The sales would bring a windfall to the city and a crop of new residents to a new neighborhood known as Greenwich St. South. But Community Board 1 members, wary of luxury high-rise developments that place increasing pressure on the neighborhood’s services, want to have a say in what happens next.

“We need to hear a plan before anything commences,” board member Anthony Notaro said at a recent meeting of C.B. 1’s Planning and Community Infrastructure Committee. New residents will place a heavier burden on the local schools, which are already stretched thin, he said.

The idea for Greenwich South grew out of a speech Mayor Michael Bloomberg gave about Lower Manhattan at the end of 2002. He described a new neighborhood south of the World Trade Center site along Greenwich St. The city would deck over the tunnel entrance and expand the adjacent garage, creating park space and pedestrian walkways. The project would be funded by developing five residential sites that would be purchased by the Metropolitan Transportation Authority.

The project would also make improvements to three modest plazas at Greenwich and Edgar Sts., Morris and Greenwich Sts. and near the mouth of the Battery Tunnel.

Not much has happened on Greenwich South since Bloomberg’s speech, but last fall the Lower Manhattan Development Corporation and the city announced that the first step would be to take action on the Battery Tunnel Garage. The city hopes to enlarge the garage to house 175 of the commuter and tour buses that inundate Lower Manhattan on a daily basis. The project would unlock enough air rights to bring new residential buildings into the neighborhood.

The C.B. 1 committee unanimously passed a resolution Feb. 7 exhorting the city to consult the board on Greenwich South, prior to publicizing the sale of air rights. In exchange for potential development, C.B. 1 wants to see affordable housing, park space and residentially appropriate retail.

The most important consideration, several board members said, is to keep the amenities local.

“If you’re going to give us so much massive development…the mitigation should be close by in Community Board 1,” Rick Landman said.

Pat Moore, a board member who lives in the area, said Greenwich South needs affordable housing, not luxury condos. She and several others want to require potential developers to put affordable housing in any new Greenwich South buildings, not elsewhere in the district or the city.

The Planning Committee’s resolution advocated both affordable housing and open space, and board members appear hesitant to say how to split the resources between the two goals.

“I don’t know if [either] would be negotiable,” Notaro said after the meeting. “Both are critical to Lower Manhattan.”

Any new housing should include an affordable component, Notaro said, but new housing also requires new services.

“What underlies everything is that you have to have all the infrastructure to support [the residents],” Notaro said. “Open space, school seats — all that goes into making the neighborhood livable.”

Ro Sheffe, another board member, agreed, saying that the community needs more than just affordable housing and open space.

“The list is longer than those two items, and they’re all No. 1,” Sheffe said in a phone interview. “Downtown’s infrastructure is simply not set up to handle a tremendous influx of new residents.”

However, Sheffe said that if someone forced him to choose, he’d advocate for open space first, because it’s easier to achieve. “Affordable housing is a much, much more difficult nut to crack in terms of persuading developers to incorporate it into their planning,” he said.

Julie Menin, chairperson of C.B. 1, said the board should not have to choose between potential amenities.

“We’re going to aggressively push for both of them,” she said in a telephone interview. Since the city doesn’t know how much it will cost to build the park space, it’s too soon to say how much money should be allocated for the different goals, she said.

When the L.M.D.C. first presented the idea of decking over the tunnel entrance several years ago, a park was part of the plan, Menin said. More recently, Avi Schick, chairperson of the L.M.D.C. and president of the Empire State Development Corp., “has made it clear that affordable housing is a priority,” Menin said.

In an e-mail this week, Michael Murphy, spokesperson for the L.M.D.C., also highlighted the agency’s commitment to affordable housing in the context of new development.

For Jeff Galloway, chairperson of the Planning Committee, the resolution recalled the board’s previous battle with Time Equities Inc., the developer of 50 West St., who wanted to build a tall condo in Greenwich South by buying air rights from the city. Time Equities initially refused to include any affordable housing at 50 West St. or donate any money to an affordable housing fund.

“This [resolution] is specifically trying to avoid that,” Galloway said.

Last fall, City Councilmember Alan Gerson brokered an agreement to allow Time Equities to buy 183,000 square feet of air rights from the city for a luxury condo and hotel building. In return, Time Equities agreed to put $5 million into an affordable housing fund for Lower Manhattan, and the city added $1.7 million. Time Equities also bought laptops for I.S. 89 and paid for tech support, freeing up space for an extra classroom.

When the city demapped a small street to create the air rights for 50 West St., there were an extra 190,000 square feet that Time Equities was unable to use. Another developer could still purchase these air rights to create additional high-rise housing, a concern C.B.1 raised last year while it was debating 50 West St.


Galloway and others see the Planning Committee’s resolution as a proactive step — rather than waiting for developers to present proposals, the board is setting out a primer for them, suggesting the amenities the community needs.

The board may have a while to wait before hearing those proposals, since the city has taken little action since Bloomberg’s speech over five years ago.

When asked about the project, John Gallagher, spokesperson for the mayor, said that for now, the city is focusing on one component: the Battery Tunnel garage.

Schick described the plan at a Crain’s breakfast last October. The city hopes to enlarge the parking garage on West St. by the Battery Tunnel so that it can hold 175 commuter and tour buses. To do this, the city could take a lane from the entrance of the tunnel and use the space for the garage.

“The city would like to make this happen if possible,” Gallagher said in an e-mail.

Expanding the garage would create 2.5 million square feet of residential development air rights, said Murphy, of the L.M.D.C. The L.M.D.C. is currently working with the city and the M.T.A. on designs for the garage, Murphy said.

C.B. 1 has been pushing for a bus garage for years — in fact, a garage for commuter and non-World Trade Center tour buses was No. 2 on the board’s list of capital priorities, adopted last fall after Schick expressed interest in the idea.

“It’s another very badly needed amenity for the neighborhood,” said Sheffe, a board member.

Buses currently idle illegally all over Lower Manhattan’s streets, slowing traffic and polluting the air. Community members hope the bus garage will get buses off the street, but if the drivers have to pay to park in the garage when they could stay on the street for free, there might not be enough of an incentive for buses to use the garage.

“This is something that would have to be worked out as the project moves forward,” Murphy said in an e-mail. “Once there is ample off street parking we expect that the city would vigorously enforce regulations that are now being ignored.”

Several community board members had ideas for enticing bus drivers to park in the garage. The city could subsidize the garage, Sheffe suggested. Or the garage could include a coffee room for the drivers, with a TV, so they have somewhere comfortable to wait, said Catherine McVay Hughes, chairperson of the C.B. 1 World Trade Center Redevelopment Committee.

Hughes also suggested that the Port Authority create incentives for tour buses to park in New Jersey and have tourists take the PATH trains into New York.

“We want to make sure people can get here as easily as possible,” Hughes said, “but we also want to make sure it’s a pleasant experience for everyone involved.”
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  #159  
Old Posted Feb 22, 2008, 8:12 PM
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How is the whole West Street promenade project coming along, anyway? Wasn't it supposed to transform the whole boulevard into a new "Champs Elysee"?
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  #160  
Old Posted Mar 11, 2008, 10:45 PM
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http://curbed.com/archives/2008/03/1...helmet.php?o=0

Destructoporn: Jahn Lowers the Helmet




Tuesday, March 11, 2008, by Joey

Eventually, 50 West Street will be a 63-story condo-hotel born in the mind of architect Helmut Jahn. Now, however, 50 West Street is just another plot of land that needs pulverizing. Writes our phototipster: "There is some impressive demo going on at the new tower at 50 West Street. I'm sure this is a nightmare for the people at 90 Washington Street." Those living in WTCville should be used to this sort of thing by now, no? Though, this is one hard Helmet hit.











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