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  #1  
Old Posted Feb 21, 2018, 3:25 PM
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Smile NEW YORK | 270 Park Ave | ~1,200 FT | 70 FLOORS

Only in New York!

This is why it's called "The City"!

https://therealdeal.com/2018/02/21/j...massive-tower/
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Old Posted Feb 21, 2018, 3:27 PM
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Jinx! Can't wait for renderings.
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Old Posted Feb 21, 2018, 3:32 PM
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Let's hope it's something that suits that august address.
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Old Posted Feb 21, 2018, 3:34 PM
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That's exciting news. I look forward to seeing some renderings for this project when they're available.
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Old Posted Feb 21, 2018, 3:41 PM
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it seems a little kooky that they would tear down a 52 story tower only to rebuild a 70 story tower on the site.

that's an awful lot of money and trouble for 18 additional floors.
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Old Posted Feb 21, 2018, 3:44 PM
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Thanks mods for fixing my post. It's not really odd when you consider that the new tower will be 500 feet taller and offer an additional 1 million square feet (2.5 million total).
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Old Posted Feb 21, 2018, 3:49 PM
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also, at 707' tall, i believe the current chase HQ tower would be the tallest skyscraper ever voluntarily demolished in the history of our world.


(obviously the WTC twins were much taller, but that was hardly a voluntary demolition)
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Old Posted Feb 21, 2018, 3:49 PM
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Quote:
Originally Posted by Steely Dan View Post
it seem a little kooky that they would tear down a 52 story tower only to rebuild a 70 story tower on the site.

that's an awful lot of money and trouble for 18 additional floors.
Yeah, for a financial institution this is comical. Just adds more fuel to the fire of hatred towards bankers and billionaires... This is frivolous.... whatevs, should be fun to watch
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Old Posted Feb 21, 2018, 3:50 PM
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This rezoning is going to skyrocket the amount of potential super talls.

Although you'd think they would just stack it atop of the existing tower.
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Old Posted Feb 21, 2018, 4:03 PM
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This is fantastic but it has to be the first case of such a solid quality albeit banal modernist box of this height to be taken down anywhere ever. Crazy
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Old Posted Feb 21, 2018, 4:05 PM
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Quote:
Originally Posted by chris08876 View Post
This rezoning is going to skyrocket the amount of potential super talls.

Although you'd think they would just stack it atop of the existing tower.
^I think its entirely possible that is what they are doing, and the author of the article just misunderstood/his source was misinformed.

If I recall correctly, when the news first broke about 425 Park Avenue, and even in later articles, that was also referred to as a demolition.
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Old Posted Feb 21, 2018, 4:10 PM
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This is definitely not the first development under the Midtown Rast rexoning I expected!

The current 1961 Skidmore, Owings & Merrill tower is handsome enough as is. If the new tower were to be 1,500+ I wouldn’t be surprised, however to tear down a 700 fitter to add just 18 floors is kind of crazy?

Let’s hope the design is A+
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Old Posted Feb 21, 2018, 4:12 PM
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Yeah I'm hoping its just an error or misinterpretation because just from a cost perspective it would skyrocket the costs. The building itself does its function well. If anything, a conversion to more suitable Class-A space, stacking atop, and renovation/fixing up legacy components would seem suitable. Maybe even a recladd. It could be done.

Unless its cheaper to just demo it and start fresh? IDK what the cost would be for a conversion, but damn, it'll really add to the hard costs starting fresh.

Plus, I wonder what would happen to those existing employees. A renovation/addition seems more likely, because where would they relocate 6000 employees anyways.
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Old Posted Feb 21, 2018, 4:15 PM
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This is gonna totally short dick Bear Stearns next door. Strategy?
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Old Posted Feb 21, 2018, 4:18 PM
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Although you'd think they would just stack it atop of the existing tower.
^I think its entirely possible that is what they are doing, and the author of the article just misunderstood/his source was misinformed.

If I recall correctly, when the news first broke about 425 Park Avenue, and even in later articles, that was also referred to as a demolition.



It could be but it's probably easier to have a complete tear down and go with something entirely new then to do what they did at 425 Park. At 425 Park , they tore it down to it's bones and started from there.. limiting it's options going forward in design and build.

The Singer building(612FT) held the title of tallest buildings ever voluntarily torn down.. 277 Park will be come the title holder very soon!

Within a decade or so.. Midtown East is gonna rival any business district in the world with supertalls! Gonna be fun to watch it transform starting with 1 Vanderbilt and 277 Park. BTW- 277 Park at 1200FT not enough for me.. hoping it reaches closer to 1400-1500Ft!!
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Old Posted Feb 21, 2018, 4:19 PM
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I would not expect this to be a full tear down. The time frame given is five years, assuming that's correct, this will be some sort of 425 Park Ave situation, where it's a partial demo.

Sort of sad, this is one of the best international style buildings in the city. Somewhat related, the building diagonally across the street is for sale and is from a similar era I expect that to get redveloped soon as well.
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Old Posted Feb 21, 2018, 4:55 PM
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I like the current black modernist building. Hopefully they are adding to the existing building rather than tearing it all down.
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Old Posted Feb 21, 2018, 4:58 PM
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Worth noting that the building includes a ten-story midrise annex along Madison Avenue that could be torn down, and the existing tower is a pretty flexible Modernist box.

Lots of possibilities to add onto the existing building or reconfigure it (not just stacking more floors on top) to add a ton of SF.
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Old Posted Feb 21, 2018, 5:05 PM
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700 foot demolition is not an everyday event. Super cool from a logistics and planning
perspective.
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  #20  
Old Posted Feb 21, 2018, 5:15 PM
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Another day, another super tall for the

Greatest City in the World!!!!
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