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  #41  
Old Posted Sep 10, 2011, 8:07 PM
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Please do not use any of my photos or videos without my permission. thanks
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  #42  
Old Posted Dec 29, 2011, 12:34 AM
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  #43  
Old Posted Dec 29, 2011, 3:14 AM
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Those construction photos are pretty sweet.
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  #44  
Old Posted Dec 30, 2011, 7:23 AM
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Still looks as modern as the year it opened.
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  #45  
Old Posted Oct 25, 2012, 12:31 AM
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It looks much newer, and nicer, in real life than in pictures.

I have a new-found affection for this building.

Last edited by ThatOneGuy; Oct 25, 2012 at 5:57 PM.
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  #46  
Old Posted Oct 25, 2012, 1:02 AM
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Hands down my favorite skyscraper of the 1960s. The proportions and massing are just perfect. True, it ended an era in Lower Manhattan and modernized that skyline, but it had to happen sometime.
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  #47  
Old Posted Oct 25, 2012, 1:57 AM
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I don't like this one's placement because it blocks the gems of downtown (namely 40 Wall Street) from the ESB view
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  #48  
Old Posted Jan 1, 2013, 2:17 AM
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Despite looking good in itself, I think this is in a great spot for the workers inside because, no matter their architectural tastes (if any), they can look out a window and see nice towers, and the river.
The south side has a view of the pre-war classics
East has the river and Brooklyn Bridge in view
From the North you can see the entire Midtown skyline
And the west has all the examples of modern architecture, from classic 70s international modernism to the current modern glass buildings of the WTC.

There's an ugly building to the North of it, with a blank brick wall that really needs replacement
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  #49  
Old Posted Jan 3, 2013, 6:41 AM
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One of the best modern towers of all time, perched like a gem atop the mountain of lower Manhattan skyscrapers.
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  #50  
Old Posted Oct 14, 2013, 3:19 PM
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http://www.nytimes.com/2013/10/14/ny...ttan.html?_r=0

Sale of a Landmark Building Reflects the Changing Needs of Lower Manhattan





By CHARLES V BAGLI
October 13, 2013


Quote:
.....The bidders — New York real estate operators, Asian investors and opportunistic developers — based their offers on converting the acres of office space at 1 Chase Manhattan Plaza into condominiums, high-end rental apartments, a luxury hotel or a retail mall and, perhaps, even keeping it as an office building.

Some urban planners, civic leaders and real estate executives say that turning this monument to financial capital into plush apartments or a chic hotel would indicate that the city’s second-largest business district, after Midtown, was losing cachet. Chase moved its headquarters to 270 Park Avenue in 1996.

“Rockefeller’s decision to build Chase Manhattan Plaza sustained Lower Manhattan as an office market,” said Eric Deutsch, a former president of the Downtown Alliance, a business group founded by Mr. Rockefeller in 1958. “Today, it’s a struggle to sustain office buildings in the face of the unrelenting demand for residential properties.”

.....The amount of office space downtown has fallen to 83 million square feet, from a high of 95 million square feet, as former office towers like the Woolworth Building are converted to expensive condominiums. Large blocks of vacant space are available at Brookfield Place, and with three office towers under construction at the World Trade Center, there is a lot of new space in need of tenants. And once JPMorgan Chase departs, the building will be 70 percent vacant.

.....The notion of selling 1 Chase Manhattan Plaza came up this year, after the developer Steve Witkoff made an unsolicited $650 million offer, according to several bidders. Mr. Witkoff was considering converting the building to a mix of uses: expanded retail at the base, a boutique hotel in the middle and condominiums at the top.

The bank decided to put the building on the auction block and hired the architects at Skidmore, Owings & Merrill to assess the viability of converting the office space. (Gordon Bunshaft of Skidmore designed the tower, which opened in 1961.)

The auction initially attracted about a dozen bidders, including Mr. Witkoff; the developer Harry Macklowe; the investors Joseph Chetrit and David Bistricer; Tishman Speyer Properties; Boston Properties, which owns the G.M. Building in Midtown; Starwood Capital; L & L Holding; R X R Realty; and at least two wealthy Asian investment funds.

Real estate executives said the bidders who were considering hotel and residential uses, which might generate the most profits, had to weigh the cost of installing operable windows and the uncertainty of getting approvals from city agencies like the Landmarks Preservation Commission.
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  #51  
Old Posted Oct 15, 2013, 3:47 PM
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Very surprised to hear that residential conversion is being explored for this one...
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  #52  
Old Posted Oct 16, 2013, 12:20 AM
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How can such buildings be converted? Doesn't there need to be a massive plumbing job that would tear up the floors?

If it is ever converted, I hope operable windows are not installed. They would ruin the flow of the building.
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  #53  
Old Posted Oct 16, 2013, 5:27 AM
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leave it vacant....these are office buildings and should be kept as such
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  #54  
Old Posted Jan 24, 2014, 4:13 AM
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Converting to other uses? Didn't expect that, though I've read about similar plans for the Sony (AT&T building) in Midtown so anything goes I guess....

Do agree that opening windows would mar the look, hopefully that's not considered....

From last Friday:















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  #55  
Old Posted Jan 24, 2014, 9:19 AM
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Any word on its conversion?
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  #56  
Old Posted Jan 24, 2014, 12:28 PM
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If theres a box that deserves to be its this one!
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  #57  
Old Posted Jan 25, 2014, 6:29 PM
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I just can't get over those sleek silver columns...
One of NYC's greatest classics!
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  #58  
Old Posted Oct 19, 2014, 2:42 AM
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Quote:
Originally Posted by Loqy Lion View Post
No! No! No!

I never want to see another NY skyscraper demolished. Ever.

It's a living museum. Walking the streets elicits thoughts of the 1900s, 10s, 20s, 30s, 40s, 50s, 60s, 70s, 80s, 90s, 2000s, etc., and it will just keep growing bigger and better and more dense.

I want to punch the people who knocked down the Singer Building.
Im afraid I got some bad news 4 u. Get ready 2 say goodbye 2 old 425 Park Ave. in 2015.
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  #59  
Old Posted Jan 12, 2015, 9:37 AM
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I do not approve of this name change...


http://www.wsj.com/articles/downtown...ame-1421026854

Downtown Tower Gets a Symbolic New Name
One Chase Manhattan Plaza Is Being Rechristened ‘28 Liberty’






By KEIKO MORRIS
Jan. 11, 2015


Quote:
When One Chase Manhattan Plaza opened in 1961, bank executive David Rockefeller envisioned it as an anchor to restore lower Manhattan as the center of New York City’s financial center.

Now, the building’s new Chinese owners hope to reposition the landmark tower as the neighborhood continues its resurgence after the double blow of the Sept. 11, 2001, terrorist attacks and the recession.

Their first step is symbolic: renaming the building 28 Liberty. The name is a nod to the street on which the building sits, the Statue of Liberty in the distance and the good fortune that, according to Chinese tradition, is bound up in the number 8.

And 28 denotes “double prosperity”, said a spokeswoman for Fosun International Ltd. , the investment company that bought the building in December 2013 from J.P. Morgan Chase & Co.


“We want to make this building as competitive as possible in the new downtown area,” said Bo Wei, chief representative of Fosun in the U.S. and vice president of Fosun Property Holdings, the company’s real estate arm. The company’s investment in building upgrades and leasing efforts “will be a showcase of Fosun’s commitment to the U.S. market,” he said through a translator.

Fosun sees Liberty Street as a rising east-west downtown corridor, and it intends to make its 60-story acquisition a central destination for office workers, residents and tourists.

Fosun is upgrading the tower’s elevators and heating and cooling systems. It also wants to improve the tower’s outdoor plaza, including the addition of cultural events. Other plans are still developing. The cost is expected to be between $100 million and $200 million.

The company also hopes to expand the tower’s retail space to about 200,000 square feet by converting more than 150,000 square feet of space in the building.
The retail area could include shops and restaurants on its three, below-grade levels and some type of cafe service off the lobby, said Peter Riguardi, JLL president of the New York tri-state region, who is part of the team leasing the building.

The company wants to create a club or lounge on the top floor that could also serve as an event space for businesses.

“The general purposes of doing the renovation of the plaza level and introducing the retail component to the building is we are trying to make more amenities [for] the local community so people living here and working here will have more convenience,” Mr. Bo said.

These plans will be critical to the company’s efforts to fill about 1.1 million square feet vacated by J.P. Morgan Chase & Co.

The building’s leasing agents said the changes will place the building on the same competitive level as the newly constructed One World Trade Center. They hope to appeal to tenants with millennial office workers, especially those in the technology, advertising and media sectors that have diversified the downtown office market.

Statistics from the fourth quarter of 2014 showed lower Manhattan on an upswing with asking rents rising 8.4% from the same period in 2013 to $54.43 a square foot, according to JLL. Vacancy dropped from 12.7% to 10.7%.

“We’re very conscious of the competition, but we also are excited about the new product available downtown and the demand from occupants that are entering downtown,” said Mr. Riguardi.

Pricing for the office space will be close to rents at the World Trade Center towers, Fosun said. That could be an issue, said Noam Shahar, research director at CompStak Inc., a real-estate data firm. “If One Chase is priced similarly to the rents in the WTC then the large availability and newer space of the latter will surely have an impact on Fosun’s ability to populate One Chase,” Mr. Shahar said.

Changes to the tower must be approved by the city’s Landmarks Preservation Commission. The building’s leasing agents expect Fosun to present a proposal to the commission soon, they said.

The building of One Chase Manhattan Plaza was overseen by Mr. Rockefeller, who had been vice chairman when the construction began in 1956 and was the president and co-chief executive of Chase Manhattan Bank when the building opened five years later, according to his spokesman.

“David Rockefeller wanted to maintain this center of gravity in and around Wall Street when there was a steady exodus of corporations to Midtown, to Park Avenue where glass and steel boxes were asserting themselves as the new modernist image of business,” said Carol Willis, founding director of The Skyscraper Museum.

Fosun intends to keep its prized new acquisition relevant.

“This building has played such a role in maintaining the significance of New York’s business community [downtown],” Mr. Riguardi said. “We think that this building can play a role again.”


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  #60  
Old Posted Jan 12, 2015, 9:52 AM
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In some alternate skyscraper fantasy world of mine, a spired supertall would be in the place of this building instead of an epic 800' box. It ruined the slim tower composition of Downtown, blocking 40 Wall Street and 20 Exchange Place from the view from the north.
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