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  #21  
Old Posted Apr 19, 2011, 2:14 PM
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http://dcrealestate.citybizlist.com/...a-Mistake.aspx

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In 2005, we acquired for $131.5 million the rent-stabilized residential building located at 220 Central Park South. David recently achieved a milestone here by reaching agreement, in a court supported process, to buy out all the remaining rent-stabilized residential tenants. There remains one commercial tenant.

This wonderful Central Park fronting condo site continues to be a work in progress.

A similar building on this site was to be Merrill Lynch's headquarters, but that's a tale for another day.
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  #22  
Old Posted Jun 12, 2011, 8:38 AM
tommaso tommaso is offline
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How far along is 220 Central Park South?
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  #23  
Old Posted Dec 14, 2011, 6:17 PM
RobertWalpole RobertWalpole is offline
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Permits to erect the sidewalk bridge were filed recently, and demolition will start in January.
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  #24  
Old Posted Dec 14, 2011, 10:49 PM
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Been said before, but such a prominent spot deserves something beautiful. Can't wait for more news, thanks RW.
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  #25  
Old Posted Dec 14, 2011, 11:13 PM
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I believe this'll be the tallest building on Central Park South, but not 59th Street. I hope Mr. Pelli gives us something amazing like the WFC. I want something similar to the the prewar buildings on CPS, and a crown like WFC wouldn't hurt.
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  #26  
Old Posted Dec 14, 2011, 11:28 PM
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I took a quick look on Acris and some air rights from the neighboring, adjacent buildings, all of which are empty, were recently transferred to 220 CPS.
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  #27  
Old Posted Dec 15, 2011, 2:38 AM
RobertWalpole RobertWalpole is offline
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As per ACRIS, Extell owns 225/227 W58th, which is directly to the west of the back of 220 CPS.

http://a836-acris.nyc.gov/Scripts/Do...10031900369003

As per ACRIS, Vornado, the developer of 220 CPS, owns the next parcel, 229 W58th.

http://a836-acris.nyc.gov/Scripts/Do....dll/BBLResult
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  #28  
Old Posted Dec 15, 2011, 2:45 AM
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I have also heard that Vornado has purchased addiional air rights, so I'm assuming this will be a much taller tower than initially proposed.

I think Vornado was also negotiating with Extell for some of their rights on the adjacent plot.

We'll see once the new building permits start posting.
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  #29  
Old Posted Dec 20, 2011, 4:29 AM
RobertWalpole RobertWalpole is offline
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Here's a demolition permit that was filed on 19 Dec 2011:

http://a810-bisweb.nyc.gov/bisweb/Jo...ssdocnumber=01
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  #30  
Old Posted Dec 27, 2011, 11:27 AM
RobertWalpole RobertWalpole is offline
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Something is happening here, but it's not clear what is.

DOB filing on 19 Dec. 2011:

http://a810-bisweb.nyc.gov/bisweb/Jo...ssdocnumber=01
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  #31  
Old Posted Dec 28, 2011, 7:57 PM
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Originally Posted by Crawford View Post
I have also heard that Vornado has purchased addiional air rights, so I'm assuming this will be a much taller tower than initially proposed.
With the higher profile developments in the area, that would help this one stand out more, though its already a good location.
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  #32  
Old Posted Dec 28, 2011, 10:15 PM
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I really hope they do a quality job on this one along the lines of 15 Central Park West, and not a boring glass box. It seems like such a prominent location would lead to a tasteful design.
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  #33  
Old Posted Dec 29, 2011, 12:40 AM
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At near 600 feet it will already steal the spotlight from One 57, because it's closer to the park. But if it goes to near 700 feet then it will be close to blocking One 57. At the proposed 577 feet it's already the tallest building on CPS (not 59th st). The architect has not choice but to do a quality job, like 15 CPW, because just look at all the buildings on CPS. Although it's not guaranteed if the developer and architect will listen to CPS and us.

BTW Vornado is known for glass buildings. They have very few classical buildings they own in D.C and NYC, and to my recollection they haven't built any in that style (only glass boxes). Surprisingly I haven't seen many Vornado residentails either. They're mainly office.
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  #34  
Old Posted Dec 29, 2011, 4:00 AM
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220 is in front of 225w 57, not One 57.
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  #35  
Old Posted Dec 29, 2011, 5:50 AM
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^ From some angles along the western portion of Central Park it will.
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  #36  
Old Posted Dec 29, 2011, 9:20 AM
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Originally Posted by sbarn View Post
I really hope they do a quality job on this one along the lines of 15 Central Park West, and not a boring glass box. It seems like such a prominent location would lead to a tasteful design.
I would say its likely to be glass.
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  #37  
Old Posted Dec 29, 2011, 5:29 PM
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Originally Posted by NYguy View Post
I would say its likely to be glass.
You're probably right, let's just hope for a quality design in such a visible location. I'm still (I guess not-so) secretly hoping for something other just a boring plain glass curtain wall.
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  #38  
Old Posted Jan 12, 2012, 3:23 AM
RobertWalpole RobertWalpole is offline
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  #39  
Old Posted Feb 22, 2012, 10:11 PM
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The following was filed on 22 Feb. 2012 with the DOB in connection with demolition:

http://a810-bisweb.nyc.gov/bisweb/Jo...ssdocnumber=01
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  #40  
Old Posted Feb 22, 2012, 11:59 PM
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Since it's a Cesar Pelli building, and he usually gives us a nice crown, and it is CPS, we should expect a nice Post Modern building.
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