NEW YORK | 432 Park Avenue (Drake Hotel dev.) | (1,396) FT / 432 M | 89 FLOORS - Page 11

babybackribs2314 · #**201** Posted **Aug 9, 2011, 2:17 AM**

Quote:

Originally Posted by scalziand

Could we have a vague but tantalizing lower bound that's something other than 1,000ft?

Every time I see a RW post leading the thread I always get so excited that we might finally know! The morsels are enough for now, though

He did allude to the ESB's height a few pages back... given how prime this site is and how these towers are going to compete for views, this one could legitimately be in the 1,250-1,500' range.

Onn · #**202** Posted **Aug 9, 2011, 2:28 AM**

Quote:

Originally Posted by babybackribs2314

Every time I see a RW post leading the thread I always get so excited that we might finally know! The morsels are enough for now, though

He did allude to the ESB's height a few pages back... given how prime this site is and how these towers are going to compete for views, this one could legitimately be in the 1,250-1,500' range.

From the sounds of it 1,300', give or take a few.

That area is definitely transforming into meca for the high-end market.

babybackribs2314 · #**203** Posted **Aug 9, 2011, 2:33 AM**

Quote:

Originally Posted by Onn

From the sounds of it 1,300', give or take a few.

That area is definitely transforming into meca for the high-end market.

The weirdest part about all the development is that the ESB is just not going to be as much of a centerpiece as it has been since 9/11. Until 9/11, the ESB was great but it still played second fiddle to the twins--since, it has gone completely unchallenged in the skyline (BofA barely comes close, but it just doesn't have the mass on top to compare).

Not only is the ESB going to be shorter than two of the new WTC buildings, there are also now--potentially--two others north of it (Drake and 225 W57th) that could be of equal or taller height. It's just going to be weird how the ESB may be only first among equals rather than completely dominant... and that's not counting the towers soon to rise on the West Side.

(let's cross fingers the plunging stock market doesn't put the kibosh on everything once more, though...)

NYguy · #**204** Posted **Aug 9, 2011, 2:37 AM**

Don't forget about the towers to the west.

Quote:

Originally Posted by RobertWalpole

Sorry for my delayed reply, lads. I can't be specific, but I have inside information, and while this won't be as tall as Lodgy Lion predicted (I.e., 1700 feet), people will be very happy. Hopefully, Macklowe and CIM will formally release the design soon.

I think this will change how people view the skyline.

babybackribs2314 · #**205** Posted **Aug 9, 2011, 2:44 AM**

Quote:

Originally Posted by NYguy

Don't forget about the towers to the west.

I think this will change how people view the skyline.

I feel like all these supertalls could spark more in the surrounding area--once someone can build one 1,000'+ tower for a profit, there's a legitimate reason for many others to follow suit (and it won't have the stigma Torre Verre carried when it was the first one proposed). The ESB has remained somewhat isolated because it really isn't in the most prime area for real estate... the situation is very different for the four towers of Midtown.

Onn · #**206** Posted **Aug 9, 2011, 2:49 AM**

Quote:

Originally Posted by babybackribs2314

The weirdest part about all the development is that the ESB is just not going to be as much of a centerpiece as it has been since 9/11. Until 9/11, the ESB was great but it still played second fiddle to the twins--since, it has gone completely unchallenged in the skyline (BofA barely comes close, but it just doesn't have the mass on top to compare).

Not only is the ESB going to be shorter than two of the new WTC buildings, there are also now--potentially--two others north of it (Drake and 225 W57th) that could be of equal or taller height. It's just going to be weird how the ESB may be only first among equals rather than completely dominant... and that's not counting the towers soon to rise on the West Side.

Sad, but true. The Empire State Building is going to be a giant among equals. New York seems to have a tall future ahead, something which was far from certain after 9/11. I guess I'm not all that surprised it's happening though, the way the world is building towers today. And it's not only domestic money this time trying to get a piece of the pie (Beekman, Drake tower), but international too (One 57).

Quote:

(let's cross fingers the plunging stock market doesn't put the kibosh on everything once more, though...)

You can say that again. We may be in for a second recession.

Zapatan · #**207** Posted **Aug 10, 2011, 3:11 AM**

Sad but true? I don't know so much about sad... I think it's amazing we will soon see towers of equal height to the ESB on NYC's skyline! When you think about it, the WTC twin towers were the only other supertalls besides the ESB... 10 years from now there will be 10 others and more 7-900 foot buildings aswell... New York has always had a great skyline, but sooner or later it is going to be surreal.

NYguy · #**208** Posted **Aug 10, 2011, 12:47 PM**

Quote:

Originally Posted by Zapatan

When you think about it, the WTC twin towers were the only other supertalls besides the ESB... 10 years from now there will be 10 others and more 7-900 foot buildings aswell..

People forget that it really wasnt long ago when the only supertalls to speak of were in 2 cities. Buy when I say this tower will change perceptions of the skyline, it has as much to do with location as height.

RobertWalpole · #**209** Posted **Aug 10, 2011, 9:19 PM**

CIM filed a New Building Application with the DOB on 4 Aug. 2011, but no details are provided.

http://a810-bisweb.nyc.gov/bisweb/Jo...ssdocnumber=05

NYguy · #**210** Posted **Aug 10, 2011, 11:16 PM**

Looks like excavation...

brian.odonnell20 · #**211** Posted **Aug 10, 2011, 11:29 PM**

robwad.. do you know a more specific height range for the tower other than 1000+ft ?

RobertWalpole · #**212** Posted **Aug 11, 2011, 1:39 AM**

Brian,

I do have more specific height info, but I cannot disclose it. I can simply say that people will be very happy.

SkyscrapersOfNewYork · #**213** Posted **Aug 11, 2011, 2:17 AM**

Quote:

Originally Posted by RobertWalpole

Brian,

I do have more specific height info, but I cannot disclose it. I can simply say that people will be very happy.

Is the building better than what we expected?

RobertWalpole · #**214** Posted **Aug 11, 2011, 3:21 PM**

Bring it on!

http://therealdeal.com/newyork/artic...covery-race--2

NYC leads way in recovery race
Manhattan market stabilizes, while rest of country plays catch-up
August 11, 2011 10:30AM

By Peter Kiefer

Also, here's a nice potential source of funding (though CIM most likely already has funding).

http://www.nytimes.com/2011/08/11/ny...er=rss&emc=rss

As Investors, Chinese Turn to New York

Jennifer S. Altman for The New York Times
Published: August 10, 2011

Chinese banks have poured more than $1 billion into real estate loans in New York City in the past year. Investors from China are snapping up luxury apartments and planning to spend hundreds of millions of dollars on commercial and residential projects...