HomeDiagramsDatabaseMapsForum
     

Go Back   SkyscraperPage Forum > Global Projects & Construction > Proposals

Reply

 
Thread Tools Display Modes
     
     
  #61  
Old Posted Nov 13, 2015, 12:01 AM
Submariner's Avatar
Submariner Submariner is offline
Registered User
 
Join Date: Mar 2013
Posts: 1,154
Quote:
Originally Posted by sparkling View Post
Extell plans 18-story Midtown resi building
New 41-unit structure would replace one with 122 units

November 12, 2015 02:00PM
Ariel Stulberg
Damn shame...that whole assemblage should be redeveloped.
Reply With Quote
     
     
  #62  
Old Posted Nov 13, 2015, 12:23 AM
CityGuy87 CityGuy87 is offline
Registered User
 
Join Date: Sep 2012
Posts: 288
Quote:
Originally Posted by Submariner View Post
Damn shame...that whole assemblage should be redeveloped.
Personally I wasn't expecting anything as huge as One57 or Nordstrom but I was under the impression this would be somewhere in the neighborhood of 700-800ft which would probably work much better and not try to steal the spotlight from Steinway (which would be on the same block). Either way this development will be a bit of a comedown for Gary Barnett and Extell but hopefully we'll soon see what he has planned near Times Square.
Reply With Quote
     
     
  #63  
Old Posted Nov 13, 2015, 12:25 AM
Hudson11's Avatar
Hudson11 Hudson11 is offline
Registered User
 
Join Date: Aug 2011
Posts: 882
an 18 story tower will be hard pressed to be a worthy replacement for the old church building, imo.
__________________
click here too see hunser's list of the many supertall skyscrapers of New York City!
Reply With Quote
     
     
  #64  
Old Posted Nov 13, 2015, 12:50 AM
NYguy's Avatar
NYguy NYguy is offline
New Yorker for life
 
Join Date: Jul 2001
Location: Borough of Jersey
Posts: 37,464
When it comes to initial filings for buildings that require air rights transfers, don't expect that what you see is what you will get. All filings are amended as the project progresses. Just look at the filings for towers such as 3 or 30 Hudson. If those air rights are available, and Extell can purchase them, you will see that reflected in future filings.

I don't think anything here needs to be as tall as One57, though Barnett could disagree.
__________________
NEW YORK. World's capital.

“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.
Reply With Quote
     
     
  #65  
Old Posted Nov 13, 2015, 2:10 PM
TonyNYC TonyNYC is offline
Registered User
 
Join Date: Oct 2013
Posts: 65
Maybe Barnett, Extell, sees a shift in the market.. Saturation coming to Billionaires Row. How many Supertalls or near supertalls commanding megabucks can the area actually build and sell. Six already built or going up with 432 Park, 520 Park, 220CPS, 157w57, Steinway, Norstrom, and possibly a 7th with the Park Lane hotel.

There has got to be a point where it just doesn't add up.
Reply With Quote
     
     
  #66  
Old Posted Nov 13, 2015, 3:38 PM
NYguy's Avatar
NYguy NYguy is offline
New Yorker for life
 
Join Date: Jul 2001
Location: Borough of Jersey
Posts: 37,464
Quote:
Originally Posted by TonyNYC View Post
Maybe Barnett, Extell, sees a shift in the market.. Saturation coming to Billionaires Row. How many Supertalls or near supertalls commanding megabucks can the area actually build and sell. Six already built or going up with 432 Park, 520 Park, 220CPS, 157w57, Steinway, Norstrom, and possibly a 7th with the Park Lane hotel.

There has got to be a point where it just doesn't add up.
If there's a shift in the market, then Barnett would hold on to this this site and wait it out. The site is too valuable to just put up anything.
__________________
NEW YORK. World's capital.

“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.
Reply With Quote
     
     
  #67  
Old Posted Jul 21, 2016, 1:40 AM
NYguy's Avatar
NYguy NYguy is offline
New Yorker for life
 
Join Date: Jul 2001
Location: Borough of Jersey
Posts: 37,464
http://jewishvoiceny.com/index.php?o...ork&Itemid=295

What is Gary Barnett Doing on West 57th Street?


20 JULY 2016
ANAT GHELBER


Quote:
.....Mr. Barnett and Extell Development Company are gaining attention for a more modest building on West 58th Street. More specifically, his unknown intentions for the building are causing many to scratch their heads, considering the lengths he went to garner land and air rights for it. Mr. Barnett is already known for building what promises to be the one of the tallest residential buildings on record in all of the United States at 217 West 57th Street.

It is expected to be 1,550 feet of condos that will see completion in 2019. It’s expected to even rival One57 in height. Financing for such an ambitious project is coming from Nordstrom Department Stores. Several spaces in the building were sold to firms controlled by Nordstrom even before construction began and a seven story 175,000 foot Nordstrom department store will be at the base of what is expected to be eventually named Central Park Tower. This store will open in 2018.

At 134 West 58th Street, Mr. Barnett has purchased an apartment building, with 17-stories, located between Sixth and Seventh avenues. This building is located on the same block as One57 as well as a building, which measures even taller, at 111 West 57th Street, being developed by JDS Development. This move is seen by many as an attempt by Mr. Barnett to further develop properties he already has in the area.

Gary Barnett has apparently spent almost 10 years gathering the land and air rights to develop what was expected to be another enormous tower, similar to One 57. It has come instead as a surprise to many that he has moved forward with plans to only construct a building with 41 condo units measuring a mere 200 feet. This may be due to difficulties that Extell Development has had in securing a sanctuary property belonging to Cavalry Baptist Church, contained within the Hotel Salisbury. This property is apparently worth $100 million.

As it happens, they are exactly back to back with the apartment building Mr. Barnett purchased on West 58th Street. Should Extell secure rights to this property, along with rights to develop that have already been bought by Cavalry Church…they would find themselves able to build a tower measuring 700 feet in total. Negotiations have been going on since 2014. Richard Miller is an attorney and occupant of an apartment which is rent-controlled at 134 West 58th Street. He says, “Are they filing these plans for just this one building, or is this a plot to push negotiations with the church? People keep saying that the high-end real estate market has tanked, so maybe they are going to wait—it’s hard to know.”

It has been noted that Extell Development Company has been attempting to end the leases of residents inside the apartment building in question.
__________________
NEW YORK. World's capital.

“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.
Reply With Quote
     
     
  #68  
Old Posted Jul 22, 2016, 3:33 AM
giantSwan's Avatar
giantSwan giantSwan is offline
Registered User
 
Join Date: Dec 2006
Location: Northeast, United States
Posts: 234
Quote:
Originally Posted by Hudson11 View Post
an 18 story tower will be hard pressed to be a worthy replacement for the old church building, imo.
totally agree!!!
Reply With Quote
     
     
  #69  
Old Posted Jul 22, 2016, 3:42 AM
Crawford Crawford is offline
Registered User
 
Join Date: Nov 2003
Location: Brooklyn, NYC/Polanco, DF
Posts: 16,449
Quote:
Originally Posted by giantSwan View Post
totally agree!!!
There is no 18 floor tower, and it isn't even filed for the church site.

It's for an adjacent site, and is a typical filing process in making a larger assemblage. Barnett is obviously assembling multiple sites for some undetermined, probably super skinny residential tower.
Reply With Quote
     
     
End
 
 
Reply

Go Back   SkyscraperPage Forum > Global Projects & Construction > Proposals
Forum Jump


Thread Tools
Display Modes

Forum Jump


All times are GMT. The time now is 8:21 PM.

     

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2018, vBulletin Solutions, Inc.