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  #21  
Old Posted May 21, 2015, 8:03 PM
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^you know, apartments for normal folks, where prices start at just under 4 million dollars.
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  #22  
Old Posted May 21, 2015, 8:52 PM
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That is normal folk in Manhattan. Actually, 4 million is like nada. Your not rich unless your net worth is 10 million plus. Back in the day, a million was enough, but some consider wealthy to be 10 million or more. For the 57th crowd, eh, if you have 10 million, your in extreme poverty compared to the billionaires there.

A side note:

Two months later... the title still hasn't been changed for this thread.
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  #23  
Old Posted May 22, 2015, 10:05 AM
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We have:

1) 28 Floor tower
2) 38 floor tower
3) 300 units
4) 1 tower = 400 feet
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  #24  
Old Posted May 22, 2015, 11:34 AM
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^^^^
The other one- 300 feet

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Originally Posted by chris08876 View Post
A side note:

Two months later... the title still hasn't been changed for this thread.
@Chris08876 for moderator 2015!
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  #25  
Old Posted May 22, 2015, 2:10 PM
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Originally Posted by chris08876 View Post
That is normal folk in Manhattan.
This is a bit of an exaggeration. The average person in Manhattan cannot afford a 4 million dollar condo. I am one of those people. In fact living in the neighborhood, two blocks from this site.

It will be interesting to see what BIG comes up with!
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  #26  
Old Posted May 22, 2015, 7:32 PM
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I know it was just some humor. But yeah I would expect something nice for the site.

Even with the pricing, there will be waiting lines. Its amazing to think that such prices can actually cause people to complete for units. That's the reality of Manhattan. Build a tower with units ranging from 1 - 10 million, and it will sell like hot cakes. And the tower doesn't even have to be nice for units to sell. People will buy them because its all about location.
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  #27  
Old Posted May 22, 2015, 11:15 PM
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Quote:
Originally Posted by chris08876 View Post
I know it was just some humor. But yeah I would expect something nice for the site.

Even with the pricing, there will be waiting lines. Its amazing to think that such prices can actually cause people to complete for units. That's the reality of Manhattan. Build a tower with units ranging from 1 - 10 million, and it will sell like hot cakes. And the tower doesn't even have to be nice for units to sell. People will buy them because its all about location and the views.

Right on!
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  #28  
Old Posted Oct 11, 2015, 3:04 PM
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Cabbed down the West Side Highway yesterday morning, and looks like machinery is on site.
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  #29  
Old Posted Nov 23, 2015, 1:34 PM
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NIKOLAI FEDAK
NOVEMBER 23, 2015

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While the length of the High Line has seen a surge of construction since the elevated park initially opened, there are still a few major sites that remain ripe for new development. Perhaps the largest such parcel is at 76 11th Avenue, between 17th and 18th Streets, which was acquired by HFZ Capital for $870 million back in April. Now, YIMBY can reveal the site’s preliminary plans, created by Bjarke Ingels Group.



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  #30  
Old Posted Nov 23, 2015, 11:43 PM
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Seems like we have two heights.

1) 402 ft
2) 302 ft



NYY
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  #31  
Old Posted Nov 24, 2015, 4:08 PM
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holy fucking christ.

...pardon my french
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BUILD IT. BUILD EVERYTHING. BUILD IT ALL.
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  #32  
Old Posted Nov 25, 2015, 3:48 AM
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Awesome!!! I like how the windows go around the inner corners. Love it!
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  #33  
Old Posted Nov 25, 2015, 10:54 AM
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I'd place this project right next to Ingels Pyramid in terms of design. Its quite a stunner based on the renderings and a project that even in its short height, will stand out among the barrage of projects.


Its as the architect drew influence from Escher's work. At least in terms of the renderings above with the optical illusion pasterns.




Credit: http://clipartzebra.com/cat/11/escher-01.html
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  #34  
Old Posted Dec 20, 2015, 4:41 PM
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HFZ to replace hotel plan with office at Chelsea megaproject

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Ziel Feldman’s HFZ Capital Group is tweaking the makeup of its planned two-tower Chelsea megaproject to include office space.

New plans filed by the firm show that the four-story base of the towers, at 76 11th Avenue, will comprise 242,750 square feet of combined retail and office space. There is no longer any mention of a hotel, which was the original plan for the base of the two condo towers.

Retail will occupy the cellar level, first and part of the second through fourth floors of the building, while offices will also share space on the second through fourth floors. The total square footage of the project is slated to top 800,000 square feet, including the residential component. The towers are slated to rise 402 feet and 302 feet, respectively.

Feldman did not immediately respond to a request for comment on why the plans for the Bjarke Ingels-designed project had changed.

But he’s just the latest in a string of high-profile developers to eye the Chelsea and Meatpacking District areas for the development of high-end office product. Approximately 600,000 square feet of new commercial office space is slated to open in the Meatpacking District over the next five years, according to the Business Improvement District. Vacancy rates in the area are notoriously low – around 2 percent – while prices are high. Romanoff Equities and Property Group Partners are reportedly charging up to $200 a foot for office space at one of the neighborhood’s newest office projects, 860 Washington Street. HFZ acquired the site for the towers, between 17th and 18th streets, for $870 million in April. Plans for the residential condominiums have not yet been filed. Prices for the units are slated to start at less than $4 million.
=====================
http://therealdeal.com/blog/2015/12/....wjUZ5I39.dpuf
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  #35  
Old Posted Jan 12, 2016, 2:33 PM
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New Renderings For Bjarke Ingels-Designed 76 Eleventh Avenue, HFZ’s Meatpacking Skyscrapers



NIKOLAI FEDAK
JANUARY 12, 2016

Quote:
Back in November, YIMBY posted the first renderings for 76 Eleventh Avenue, which is being developed by HFZ Capital. Now, we have a new set of images for the project, which is being designed by Bjarke Ingels Group. They show major tweaks to the formerly jigsaw-like design, and accompanied EB-5 materials for the project sent to YIMBY.



The project’s makeup is evidently still undergoing changes, as the developers have waffled between either hotel or office options in the base of the buildings. As we previously reported, the base would include retail and hotel space, and the EB-5 materials indicate the hotel is still planned. However, The Real Deal recently reported that HFZ was instead planning office space.

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  #36  
Old Posted Jan 12, 2016, 3:17 PM
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Even at a mere 1.5x taller, this is spectacular.
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  #37  
Old Posted Feb 9, 2016, 1:48 AM
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Higher Resolution Rendering:

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  #38  
Old Posted May 10, 2016, 3:01 PM
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Vornado, Oxford revealed as lenders on HFZ’s High Line project
Developers partnered with SL Green on $138.2M mezzanine financing



May 10, 2016
Konrad Putzier

Quote:
Vornado Realty Trust and Oxford Properties Group, along with SL Green Realty, are mezzanine investors in HFZ Capital Group’s Bjarke Ingels-designed condo development 76 11th Avenue, according to SL Green’s quarterly report.

The three companies add to the growing list of developers issuing mezzanine loans to their peers, filling a void left as some traditional lenders retreat from condo construction financing.

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  #39  
Old Posted May 10, 2016, 3:47 PM
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Is that Steve Guttenberg?
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  #40  
Old Posted May 11, 2016, 12:14 AM
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^ Either that or Greg Gumbel
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