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  #61  
Old Posted May 14, 2012, 9:18 PM
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Awesome news if its true. I think he's the perfect designer for this location - ensuring this building won't be a glass box.
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  #62  
Old Posted May 15, 2012, 12:44 AM
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I'm expecting the tower to be much like 15 CPW and I'm not really happy about that but hey, whatever.
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  #63  
Old Posted May 15, 2012, 1:28 AM
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Originally Posted by SkyscrapersOfNewYork View Post
I'm expecting the tower to be much like 15 CPW and I'm not really happy about that but hey, whatever.
I'm thinking more like 99 Church than 15 CPW.
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  #64  
Old Posted May 15, 2012, 1:47 AM
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My God, this is so exciting! And here I thought One57 was exciting as it got
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  #65  
Old Posted May 17, 2012, 1:58 PM
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Considering that 15CPW was one of the most successful residential developments ever, both aesthetically and commercially, I sincerely hope that RAMSA are chosen for this project. Imagine a skyscraper residential tower that exudes classic New York style. Amazing.
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  #66  
Old Posted May 17, 2012, 3:02 PM
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Looks like RAMSA might have been chosen.

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Originally Posted by vandelay View Post
Considering that 15CPW was one of the most successful residential developments ever, both aesthetically and commercially, I sincerely hope that RAMSA are chosen for this project. Imagine a skyscraper residential tower that exudes classic New York style. Amazing.
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Originally Posted by yankeesfan1000 View Post
Robert A.M. Stern Designing Finally-in-Progress 220 CPS?

Monday, May 14, 2012, by Sara Polsky



"The long developer face-off at 220 Central Park South may finally be coming to an end. Keen real estate observer Michael Gross notices that the building's rear facade is thoroughly scaffolded and that it was covered with workers this morning, "likely signaling its imminent demolition." That seems in line with site owner Vornado's most recent plan for the building, to demolish everything above the second floor even though Gary Barnett, owner of 220 Central Park South's underground parking garage, has refused to make way. Will Barnett change his mind now that Vornado's making some serious moves?

And we mean starchitect-level serious. Gross hears from a few sources that Robert A.M. Stern has been asked to design the future 220 Central Park South (which Vornado chair Steven Roth promised would be better than Extell's One57). No permits have been filed, so we don't know whether Stern is on board—but if Vornado is looking for a One57-killer, that's certainly one way to do it."
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  #67  
Old Posted May 31, 2012, 5:49 PM
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The leaked model for 225 w57th also has a massing model for 220 CPS.

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  #68  
Old Posted May 31, 2012, 6:05 PM
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Unfortunately, I *think* that NYGuy directed us to a link in the 432 Park thread that says this design is one that didn't advance.
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  #69  
Old Posted May 31, 2012, 6:48 PM
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That submission did not win (thankfully), but if the massing model is halfway accurate this is definitely 600'+.
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  #70  
Old Posted Jun 30, 2012, 11:06 PM
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  #71  
Old Posted Aug 20, 2012, 11:49 PM
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http://online.wsj.com/article/SB1000...LEFTTopStories

Vornado vs. Extell

August 19, 2012
By Eliot Brown


Quote:
The start of demolition on a onetime apartment building on Central Park's southern edge has escalated a fight over the coveted site, where landlord Vornado Realty Trust wants to build a soaring condo tower.

Vornado recently began taking down the top floors of the half-century-old former rental building while the parking garage in the building's basement is still operating. That is because the garage is controlled by rival developer Gary Barnett, founder of Extell Development Co, who owns a neighboring development site. He has thus far held out from striking a deal with Vornado to shut down the garage, so the demolition is slated to leave the garage in place.

Last week, the work on the building was halted by the city's Department of Buildings, which issued a "stop work order" after some bricks fell 10 stories, the agency said in a report on its website. The infraction isn't uncommon on large demolition jobs, although typically sites are fully vacant.

The incident has provoked an angry response from Mr. Barnett, who had previously criticized Vornado for moving ahead with demolition while his garage is still open. "It's outrageous that they're taking a risk with people's lives and properties when it doesn't do them any good," Mr. Barnett said Friday. "They're only tearing the building down to the third floor—so why are they going ahead and doing this demolition while the building is occupied? Let them wait."

Vornado, one of country's largest publicly traded real-estate companies, recently acknowledged the unresolved conflict with Mr. Barnett on its quarterly conference call, referring to it as "a bit of a tussle with a neighboring property owner," in the words of Vornado executive David Greenbaum. "We feel very good about where we are in the process with demolition having commenced," Mr. Greenbaum said on the call.
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  #72  
Old Posted Aug 21, 2012, 1:27 AM
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Haha . . classic war of the words. This should be interesting and ugly at the same time.
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  #73  
Old Posted Aug 21, 2012, 2:50 AM
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Can't we all just get along? Actually it does seem like there would be some mutual benefit to have the general area improved, rather than having that shrouded eyesore remain.
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  #74  
Old Posted Aug 21, 2012, 1:26 PM
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I'm just waiting to see who will outdo who in terms of design. We already know which will be taller.
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  #75  
Old Posted Aug 21, 2012, 7:41 PM
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Quote:
Originally Posted by NYguy View Post
I'm just waiting to see who will outdo who in terms of design. We already know which will be taller.
Was there a design competition for this, and if so do you think they'll release all the proposals for this and 225 W 57th?
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  #76  
Old Posted Aug 23, 2012, 12:47 AM
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Originally Posted by Duck From NY View Post
Was there a design competition for this, and if so do you think they'll release all the proposals for this and 225 W 57th?
Not that I know of.
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  #77  
Old Posted Aug 27, 2012, 12:13 PM
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http://online.wsj.com/article/SB1000...googlenews_wsj

Developers in Power Struggle
Lawsuit Shows Extent of Vornado-Extell Fight Over a Central Park South Site






By Elliot Brown
August 26, 2012

Quote:
A battle between two powerful New York developers over one of the city's most valuable development sites is getting litigious. For months, landlord Vornado Realty Trust had been trying to strike a deal to remove rival Extell Development Co. from 220 Central Park South, a former apartment building in which Extell controls a basement parking garage on a lease that runs until 2018. Since 2005, Vornado has wanted to raze the building and put a condo tower in its place, but it is being held up by Extell, which also owns a neighboring development site and has resisted Vornado's offers to buy it out of its lease.

Last week, a lawsuit filed by the parking garage company controlled by Extell showed that the conflict has taken a new turn: Vornado has told Extell it is in default on its lease, a precursor to an eviction. Extell, in turn, believes Vornado's claims are frivolous and it is seeking to block any possible eviction. Vornado's move rests on an action made by the Department of Buildings in May, when it fined the property owners $200 because the parking garage wasn't being used "primarily for residents," as is required by its certificate of occupancy. According to the lawsuit, Vornado then told Extell that it had violated the terms of the lease, triggering a default.

Extell, one of the city's most active developers, alleged in its lawsuit that the violation issue raised by Vornado "is nothing less than a sham." Vornado has bought out all the residential tenants in the building overhead, creating a situation where there were no residents who could possibly use the parking spaces, Extell said. In its lawsuit, Extell asks the court to order Vornado to "re-occupy the building with tenants" in order to uphold its own obligations under the lease. "They take away our clients, they empty out the building, and then say, 'You're in violation because you have an empty building,'" Gary Barnett, Extell's president, said when reached by phone Friday, expressing confidence he would prevail. "We have a valid lease for the next six years, and we don't think that any court in New York City is going to allow a landlord to throw us out and treat us unfairly."

David Greenbaum, the Vornado executive in charge of the project, told analysts on a conference call earlier this month that the residential development site is "probably the best in Manhattan, with unobstructed views of the park." "We've got enormous financial aspirations for this development," Mr. Greenbaum said, acknowledging the fight with Mr. Barnett. "We feel very good about where we are in the process with demolition having commenced."

This is getting nasty. It can only be resolved with a battle for the skyline!...........
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  #78  
Old Posted Aug 27, 2012, 1:19 PM
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While Robert A.M Stern will definitely give us a grand tower for this site, we won't get that signature Pelli crown that he offers to his buildings, UNLESS they're working together. As far as I've heard it's Stern alone. But we'll get something like 15 CPW.
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  #79  
Old Posted Aug 28, 2012, 12:21 PM
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Barnett wants to get his tower built first, and who could blame him. In 6 years, his tower would be completed with many units already sold.

Quote:
For months, landlord Vornado Realty Trust had been trying to strike a deal to remove rival Extell Development Co. from 220 Central Park South, a former apartment building in which Extell controls a basement parking garage on a lease that runs until 2018. Since 2005, Vornado has wanted to raze the building and put a condo tower in its place, but it is being held up by Extell, which also owns a neighboring development site and has resisted Vornado's offers to buy it out of its lease.


Vornado, meanwhile, understandably wants to get in on some of that hot real estate action in the area. All the top residential properties are nearby - 15 CPW, Time Warner Center, One57, etc. It's no wonder they see dollar signs...

Quote:
David Greenbaum, the Vornado executive in charge of the project, told analysts on a conference call earlier this month that the residential development site is "probably the best in Manhattan, with unobstructed views of the park." "We've got enormous financial aspirations for this development," Mr. Greenbaum said
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  #80  
Old Posted Aug 29, 2012, 1:11 PM
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http://www.nypost.com/p/news/busines...i4fYivjUCistaL

By Lois Weiss
August 29, 2012

Quote:

...the potential deal for Vornado to buy the retail space at 680 Madison Ave. from Gary Barnett’s Extell Development and Angelo Gordon for $280 million “ain’t over til it’s over,” and it may not matter how they settle their Central Park tower kerfuffle. One source confided, “The two issues are not necessarily linked.”

On Central Park South Roth and Barnett are sparring over Vornado’s demolition of No. 220.

While Vornado is trying to evict Extell from the building’s garage lease, Barnett is also jockeying to get them to position their new tower so his own Nordstrom tower can maximize views over Central Park.

In this town, for the professionals, it’s all just business — and location.
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