NEW YORK | 1800 Park Ave | 352 FT | 32 FLOORS

[NYguy]

Thought there was a thread for this one...

http://ny.curbed.com/archives/2014/0...ifi_castle.php

Harlem's Tallest Buildings Will Look Like a Sci-Fi Castle





January 10, 2014
by Jeremiah Budin

The new designs for 1800 Park Avenue, the development formerly known as Harlem Park, were recently unveiled at a Community Board 11 meeting, and let's just say they're a good deal more interesting than developer Ian Bruce Eichner's other big project that's currently in the works. Eichner, who seems to have a penchant for very tall buildings, has tapped architects ODA for the design of the two towers that, at 32 stories and 320 feet, will be Harlem's tallest. The rows of setbacks appear to be ODA's new thing but, in the case of 1800 Park, they look particularly odd next to the boxy neighboring tower.

The Community Boards concerns focused not on the height, but on the amount of affordable housing that the towers would provide. The project had originally committed to the 80/20 plan, with 380 market-rate rentals and 120 affordable ones, but now the numbers have changed, and Eichner's Continuum Company is guaranteeing only 70 affordable apartments out of 650 total units (11 percent). The developers are still trying to find financing for the $415 million project.

[NYC2ATX]

YES. So much better than what was originally planned. Just build it. Build everything, build it all.

[LMich]

Oh, boy. This is good, this is real good.

[NYguy]

It will stand out pretty much too. I'm never on that end of 125th Street, so I don't know exactly how much it will change the area, but I know it will be a big change.


This is the old plan, in case anyone can't remember it...

http://archrecord.construction.com/n...0713harlem.asp











Google maps view...

[antinimby]

^ There were even older plans and designs than that. Originally called Harlem Park, if I remember correctly, it was supposed to be a mix use tower, then a hotel, then offices for MLB television network. Obviously none of them got off the ground.

That site goes way back.

[NYguy]

Hopefully this moves forward, as it looks like it will. I was in East Harlem earlier today, and you can see the signs of gentrification. There are other developments planned, such as the one below, that will continue to pop up in the area, but overall I hope the character remains.



1655 Madison Avenue

http://www.hapsix.com/desktop_asp.asp

http://unbiasedwriter.com/art/diamon...-karim-rashid/


















www.curbed.com

[antinimby]

The Tower Verre influence?

[NYguy]

^ I thought the same thing when I first saw it.

[NYguy]

http://therealdeal.com/blog/2014/02/...harlem-towers/

Community Board OKs variance for tallest Harlem towers
Continuum Company gets go-ahead for 32-story mixed-use project on 125th Street


February 19, 2014

Community board 11 in East Harlem voted unanimously yesterday to allow a zoning variance that will let developer Continuum Company build a mixed-use project to 32 stories. If the project goes as planned, the towers will be the tallest in Harlem.

The complex, at 1800 Park Avenue, will hold 63,000 feet of retail space and 682 apartments. Under current zoning, the developer would have to create 403 parking spaces and reduced the retail component.

But with this okay from the board, the project will likely get the go ahead from the City Planning department. The towers, at 125th Street, should be complete by 2017.

“We think the trade-off between parking and retail is beneficial to the neighborhood,” George Sarkissian, district manager of Community Board 11, told the New York Daily News. “Those additional jobs are important to a community that is struggling with 17 percent unemployment.”

http://www.nydailynews.com/new-york/...+Estate+Rss%29

[Submariner]

Originally Posted by NYguy

http://therealdeal.com/blog/2014/02/...harlem-towers/

Community Board OKs variance for tallest Harlem towers
Continuum Company gets go-ahead for 32-story mixed-use project on 125th Street


February 19, 2014

http://www.nydailynews.com/new-york/...+Estate+Rss%29

Great news. I pass by this site all the time on Metro North, and development here is nice to see, especially when the building (IMO) is pretty nice. There are plenty of developments south of central park that could take some visual cues from this and 1655 Madison. Developers take note - that is how you do a blank wall.

[FMIII]

Beautiful and monumental. A tremendous addition for Harlem.

[chris08876]

1800 Park Avenue About to Become Harlem’s Tallest

1800 Park Avenue: Construction is imminent as The Continuum Company has filed permits to start “[installation of] structural beam framing for” their 32-story residential and retail building at 1800 Park Avenue in East Harlem.

Last Action: APPLICATION ASSIGNED TO PLAN EXAMINER 06/30/2014 (F)

Pre-Filed: 06/30/2014 Building Type: Other Estimated Total Cost: $0.00
Date Filed: 06/30/2014 Electronically Filed: Yes
Fee Structure: STANDARD
Hub Job ‡: Yes
Job Description Comments

1 Location Information (Filed At)
House No(s): 1800 Street Name: PARK AVENUE
Borough: Manhattan Block: 1749 Lot: 33 BIN: 1810613 CB No: 111
Work on Floor(s): CEL,ROF 001 thru 032 Apt/Condo No(s): Zip Code: 10035

================================
http://a810-bisweb.nyc.gov/bisweb/Jo...ssdocnumber=02
http://www.yimbynews.com/2014/07/dob...-and-more.html

[NYguy]

Slight height increase...

[chris08876]

High Quality Renderings:

1800 PARK AVENUE, NYC
Project Name: 1800 Park Avenue
Location: NY, NY 10035
Project Size: 696,900 SF
Project Features: 32 story tower – to be built in two phases
Mix-use building – 63,200 SF of commercial and 633,700 SF of residential
673 apartments (mix of studios, 1 bedroom and 2 bedroom units) 20% of which will be affordable and 80% market rate
24 units will feature private terraces
Porte-cochère defined by looby’s curving glass wall
24,000 SF of indoor amenities including half size basketball court, fitness, wet program with health center, resident and business lounge and library, multipurpose room, dinning and party room and sky-lounge
8,500 SF of programmed public terraces on 3rd and 23rd level
Design Architect: ODA
Project Architect: SLCE Architects
Interior Design: Martin Brudnizki Design Studio

==============================
http://www.oda-architecture.com/proj...00-park-avenue

[NYguy]

It's a gorgeous building.

[chris08876]

Digging has started.


Credit: LondoniumLex @ SSC ; 10/31/2014

[chris08876]

Credit: Corey Best (Nexis4Jersey09) ; https://www.flickr.com/photos/42178139@N06/15854230626/

[chris08876]

Credit: LondoniumLex

[sparkling]

Continuum Seeks Permit for Shorter Harlem Tower

LAUREN ELKIES SCHRAM
2/16/2015

Ian Bruce Eichner‘s Continuum Company is seeking a permit to commence foundation work on a 24-story East Harlem mixed-use project, according to city Department of Buildings records, six stories shorter than the developer initially intended for the vacant site.

The Feb. 12 application notes that the project at 1800 Park Avenue between East 124th and East 125th Streets will rise 24 stories and reach 525 feet. There are expected to be 670 residences, plus retail, attendant parking for 162 vehicles and 2,224 square feet of space for 343 bicycles to park. Additional amenities include an indoor and outdoor lounge, library, game room as well as an exercise room.

These plans differ from what the developer was hoping to erect at the location. The filings for a 32-story building were disapproved by the DOB last July. Despite slicing some stories off the top of the building, 1800 Park is likely to be the tallest building in Harlem.

The design architect is ODA, project architect is SLCE Architects and the interior designer is Martin Brudnizki Design Studio, according to ODA’s website.

Mr. Eichner purchased the lot in September 2013 from Vornado Realty Trust for $66 million.

Mr. Eichner declined to comment when contacted via cell phone and no one was reachable at ODA or SLCE.

[chris08876]

Bank of China backs Eichner’s Harlem project to the tune of $200M

The Bank of China will provide Ian Bruce Eichner’s Continuum Company a $200 million letter of credit to insure the bonds that will finance construction of his massive Harlem rental tower, The Real Deal has learned.

China’s fourth-largest bank will provide a stopgap for $200 million in tax-exempt municipal bonds administered by the state Housing Finance Agency. In exchange for the bonds, Continuum is required to ensure that 20 percent of the 682 units planned for 1800 Park Avenue will be affordable.

Eichner wasn’t immediately available to comment, but he recently told TRD he plans to pour a footing for the building in March, in order to meet a June deadline for 421-a tax benefits.

“I left myself plenty of room between March and June to pour one footing,” he said.

The Bank of China’s letter of credit guarantees the bonds should Eichner default. The developer also received a $65 million acquisition loan from the Garrison Investment Group.

The agreement with Garrison became a source of contention in October 2013, one day after Continuum closed on the $66 million purchase from Vornado Realty Trust. Private-equity firm Cerberus Capital Management sued Continuum, claiming the developer had backed out of a deal to accept a bridge loan of equal value.

Eichner told TRD Cerberus offered to provide a loan smaller than he had requested. Cerberus, which declined to comment, dropped the lawsuit late last year.

The Bank of China has is increasingly insuring 80/20 projects, which give the lender credits toward community-development investments.

============================
http://therealdeal.com/blog/2015/02/....2PgA8Dbb.dpuf