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  #1  
Old Posted Jun 21, 2018, 6:52 PM
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https://therealdeal.com/2018/06/21/h...cks-cathedral/

Harry Macklowe wants to build an office tower near St. Patrick’s Cathedral
Materials show vision for 1M sf skyscraper, but without partner or many acquisitions





By Mark Maurer and Konrad Putzier
June 21, 2018


Quote:
At 81, Harry Macklowe appears to have at least one more supertall up his sleeve. He has been actively trying to assemble parcels for his next big undertaking: the ground-up construction of a massive, 1 million-square-foot office tower.

The property would be known as “Saint Stevens New York” and rise midblock along East 51st and 52nd streets, between Fifth and Madison Avenues, in Midtown’s Plaza District, according to Macklowe Properties materials obtained by The Real Deal. Over the past two years, Macklowe had been targeting a five-parcel site with the combined addresses of 5-9 East 51st Street and 12-20 East 52nd Street. Together, the properties offer about 280,000 square feet as of right, but the documents show Macklowe intends to build a structure more than triple the size.

The materials provide a loose framework for the project: ceiling heights of at least 15 feet, a grand entrance at least 30 feet high, and a “world-renowned designer.” The site has no height restrictions, allowing for a supertall if a developer so desired.
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  #2  
Old Posted Jun 21, 2018, 7:09 PM
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^Jeez, in that location and with 15 foot ceilings, I think this tower would command some of, if not the most expensive price per square foot office rent in the city
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  #3  
Old Posted Jun 21, 2018, 10:22 PM
Prezrezc Prezrezc is offline
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Well, start breaking ground already..............
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  #4  
Old Posted Jun 21, 2018, 10:29 PM
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Another one!

This looks promising. Anytime you hear up to a million, thats 1,000,000 of sq-ft, at least 15 foot ceiling heights, and a large base... that ladies and gentlemen is the primordial soup of a Manhattan super-tall. They even added the seasoning to the soup by adding "world-renowned designer".

NYC will become the super tall capital of the world soon. I can say this because its not luck that causes it, but the land and the economic situation as a result of land constraints and price/sqft to develop. When you add the margins needed to make a tower successful, it equates to some serious height.

This will accelerate.

Amen!

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  #5  
Old Posted Jun 22, 2018, 12:55 AM
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How tall would this be, roughly? 1,500 ft. range?

I mean, Olympic Tower, just to the left, is something like 620 ft. This looks easily 2.5x the height.
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  #6  
Old Posted Jun 22, 2018, 1:43 AM
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The mass model depicting the parcel looks similar to CPT in dimensions. CPT for example is 1.2 mil-sq ft, being residential but with a large grand entrance if you will. This being an office tower.

I'd estimate 1400 ft on the conservative side for this based on that mass model. Key word is "if desired". So lets say a super-tall does occur utilizing 1 mil sq-ft, my gut feeling is 1400 ft.

Although for all we know, some sort of spire or crown design could definitely push this upwards. 1 mil-sq ft on those sites with office functionality at a minimum would break the 300m threshold, so its a win-win overall.
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Old Posted Jun 22, 2018, 1:54 AM
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Good looking buildings with nice ground floor shops are targeted of course. To be replaced with parking garage entrance, loading dock, useless lobby and a plaza.

9 E 51 St is particularly stunning.
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  #8  
Old Posted Jun 22, 2018, 1:59 AM
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Originally Posted by antinimby View Post
Good looking buildings with nice ground floor shops are targeted of course. To be replaced with parking garage entrance, loading dock, useless lobby and a plaza.
Parking would be illegal, obviously, and the zoning wouldn't allow a mid-block plaza.

Not sure what is useless about lobbies and loading docks. Those are kinda inherent in every type of sizable building (including those to be demolished).
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Old Posted Jun 22, 2018, 2:18 AM
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9 East 51 is beautiful. But something tells me Venezuela could use the money. They already sold 11 to the Chinese and it's landmarked so that at least isn't going anywhere.
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  #10  
Old Posted Jun 22, 2018, 3:50 AM
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We're still a ways off, but this would be a boutique type office building with smaller floor plates, and high rent. It would be in the upper class of office buildings, not for tenants looking for a deal.

Don't know who the architect would be, but we've been spoiled with nice things in the area. I would at least hope this is something great. This is about a half block from whatever renovations they are doing at 666 5th Avenue, and just a few blocks from Chase's planned supertall tower.



https://therealdeal.com/2018/06/21/h...cks-cathedral/

Quote:
Macklowe is believed to have quietly begun stitching the assemblage together through acquisitions. In 2016, an entity shielded by lawyer Steven Holm acquired the property at 12 East 52nd Street for $32 million, records show. And, last month, another Holm-shielded entity entered contract to buy the parcel next door at 14 East 52nd Street from the owners of Spain-based bridal shop Pronovias for an undisclosed price, records show. The memorandum of contract indicates that the Pronovias deal will not close until 2019 — between April 30 and June 30.
Quote:
The assemblage play may not be going entirely according to plan, however. Last year, he considered buying one of the properties next door, 11 East 51st Street, which is not identified in the documents as part of the assemblage. But Soho China, a part owner of the GM Building, acquired the landmarked building from Venezuela’s biggest bank, Mercantil Bank, for $30 million. Sources said Macklowe was among the bidders.


Quick overview from google earth...































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Old Posted Jun 22, 2018, 4:54 PM
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Wow, another one! The site is a bit limiting of the building shape - I hope that doesn't hinder the design. Could this one cantilever over the adjacent shorter buildings?
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  #12  
Old Posted Jun 23, 2018, 3:49 AM
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Originally Posted by Zerton View Post
Wow, another one! The site is a bit limiting of the building shape - I hope that doesn't hinder the design. Could this one cantilever over the adjacent shorter buildings?
Think of 53w53, hhat turned out great. this wouldn't be a large floor office tower. This would be all about the location.
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  #13  
Old Posted Jul 5, 2018, 1:10 PM
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Looking forward to seeing a tower with a roof height comparable to Central Park Tower rising here. Hopefully Macklowe doesn't totally drop the ball here by forgetting to add in a nice crown or spire, or having Vinloy design it.
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  #14  
Old Posted Jul 6, 2018, 5:53 PM
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Quote:
Originally Posted by Eidolon View Post
Looking forward to seeing a tower with a roof height comparable to Central Park Tower rising here. Hopefully Macklowe doesn't totally drop the ball here by forgetting to add in a nice crown or spire, or having Vinloy design it.
I hope it's a design we can get excited about, other than just the height.


Quote:
The materials provide a loose framework for the project: ceiling heights of at least 15 feet, a grand entrance at least 30 feet high, and a “world-renowned designer.”

Wonder who that is, but whoever it is, I hope they have in mind this site calls for something special. Still waiting to see what Chase is going to hit is with.
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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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