HomeDiagramsDatabaseMapsForumSkyscraper Posters
     

Go Back   SkyscraperPage Forum > Global Projects & Construction > Highrise Construction



125 Greenwich Street in the SkyscraperPage Database

Building Data Page   • Comparison Diagram   • New York Skyscraper Diagram
New York Projects & Construction Forum
            
View Full Map

Reply

 
Thread Tools Display Modes
     
     
  #41  
Old Posted Mar 21, 2011, 2:33 PM
NYguy's Avatar
NYguy NYguy is online now
New Yorker for life
 
Join Date: Jul 2001
Location: Borough of Jersey
Posts: 34,905
http://www.crainsnewyork.com/article...NewYork.com%29

March 20, 2011
By Adrianne Pasquarelli

Quote:
...Investors are also banking on lower Manhattan's long-term potential. Earlier this month, investor and philanthropist Michael Steinhardt and his business partner, Allan Fried, paid $65 million for two former American Stock Exchange buildings, at 86 Trinity Place and 22 Thames St.

The pair plan to develop the properties into a hotel with as many as 174 rooms, as well as a multilevel complex with 70,000 to 100,000 square feet of retail space.

Mr. Fried expects to open the development within two years. “We have several tenants that have expressed preliminary interest,” he said, adding that he is looking for midrange to high-end food and apparel stores.

Retailers eyeing downtown—which include Toys “R” Us and Apple, according to brokers—currently have just a few large spaces to choose from. The 31,000-square-foot former Borders space at 100 Broadway is available, while the landlord of 195 Broadway is moving tenants around to maximize space, brokers said.

“Everyone is betting on the future,” said Mr. Tricarico of Cushman.
__________________
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
     
     
  #42  
Old Posted Apr 7, 2011, 10:27 AM
NYguy's Avatar
NYguy NYguy is online now
New Yorker for life
 
Join Date: Jul 2001
Location: Borough of Jersey
Posts: 34,905
Quote:
Originally Posted by NYguy View Post
There's also the 111 Washington St development (forgot the exact numbers) that's of similar size around the block.








Looks like something will finally happen on this site. We'll see what develops.

http://www.nypost.com/p/news/busines...jASdlsu3McsbhI

By LOIS WEISS
April 6, 2011

Quote:
The $50 million note on the development site at 111 Washington St. was just purchased for an amount "close" to par from the New York Community Bank by Pink Stone Capital.

Sources said the investment firm -- run by Richard Ohebshalom, son of Empire Management's Fred Ohebshalom -- is ready to either develop or get paid off on the defaulted note that is now in foreclosure.

The site is across from the newly minted W Hotel and condos.

Ray Cecora of Platinum Properties Commercial was the sole broker in the transaction. "These deals take a long time to negotiate and put together," Cecora said.

"I started working on 111 in September 2010 and closed this week."

The assemblage itself is still owned by parking old-timer Gerry Brauser, who bought adjacent properties and air rights in 2006. He had every intention of developing the property into a puffed out, 50-story, 360,000-square-foot300-unit condo over an eight-story garage.

But by 2008, the site was in contract for $98 million to BCN Development's Craig Nassi, who planned a hotel designed by Costas Kondylis. They never closed on the deal.

"We spent a lot of time and effort to design a 400,000-square-foot building and the collapse hit us like a sack of potatoes," Nassi said.

"We believe in the location, and whoever bought the note will likely now turn it into rentals."

Ohebshalom did not return a call by press time.
__________________
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
     
     
  #43  
Old Posted Jun 12, 2011, 8:58 AM
tommaso tommaso is offline
Registered User
 
Join Date: Feb 2009
Posts: 396
What's changed in the past 2+ months here?
Reply With Quote
     
     
  #44  
Old Posted Jul 22, 2011, 1:42 AM
RobertWalpole RobertWalpole is offline
BANNED
 
Join Date: Apr 2010
Posts: 1,911
22 JUly 2011
www.dowtownexpress.com

Hoping to save two buildings
July 20, 2011

The Trinity Place façade of the American Stock Exchange dates from 1930 and is in the Art Deco style. The building is on the National Register of Historic Places and is also a National Historic Landmark. Downtown Express photo by Terese Loeb Kreuzer
BY TERESE LOEB KREUZER | “Downtown is the most historic part of the city,” said Mary Dierickx, historic preservation consultant, addressing the members of Community Board 1’s Landmarks Committee at the committee’s monthly meeting on July 14. She said that she and other preservationists were “alarmed” at the continuing destruction of Lower Manhattan. “The American Stock Exchange building, incredibly, is not at this time a designated New York City landmark,” she said.

She was taking up the cudgel for the grand building at 86 Trinity Place, which goes through the block to Greenwich Street and housed the stock exchange, and its predecessors, the New York Curb Market and the New York Curb Exchange, from 1921 until 2008, when the New York Stock Exchange Euronext bought the American Stock Exchange and Amex closed. Dierickx also wanted to draw the committee’s attention to the 10-story building next door to the American Stock Exchange at 125 Greenwich St. Built for Western Electric in 1888-1889, this is where some of the first telephones were manufactured. The American Stock Exchange bought that building in the 1980s and converted it to offices.

In February 2011, investor Michael Steinhardt and a partner, Allan Fried, bought both buildings for $65 million and announced plans to tear down the Western Electric building and convert the old Amex building into a retail complex and a 174-room boutique hotel.

“These two buildings are very significant and they should be preserved for future generations,” Dierickx said.

The American Stock Exchange building is the more imposing of the two. Prior to 1921, some brokers traded stock outdoors in the Financial District and were known as the New York Curb Market. Many small companies that later grew to behemoths were capitalized by the curbside brokers.

Deciding to emulate the New York Stock Exchange by moving indoors, the curb brokers hired the architectural firm of Starrett & Van Vleck to build them a permanent home. An article in The New York Times on Dec. 5, 1920 said the structure would cost around $1.3 million. It showed a drawing of the trading floor with its tall, arched windows and coffered ceiling.

The windows can still be seen on the Greenwich Street flank of the building along with the words “New York Curb Market” cut into the façade above them. The original structure was made of beige brick in the Classical Revival style. As the Curb Market prospered over the next decade, the brokers felt they needed more room. In 1929, they changed the name of their organization to the New York Curb Exchange and again hired Starrett & Van Vleck to create the expansion. The façade on Trinity Place is made of Bedford limestone and was literally erected in front of the old edifice, this time, in the Art Deco style that was the latest thing.

The date 1930 is deeply carved into the polished stone next to the entrance along with the names of the proud architects.

“The Western Electric building – how should I say this? – you have to work harder to see the significance,” said Dierickx. “It’s a rare surviving factory in Lower Manhattan. It’s an important example of an early transitional skyscraper. As you know from skyscraper history, the first skyscrapers were pretty short — like the Corbin building on Broadway — but they provided the base for later skyscrapers.”

The building is largely intact, Dierickx said. “It didn’t have a grand entrance. It had a factory entrance. It has a crenellated top, which is very Romanesque Revival in style.”

The architect, Cyrus Eidlitz (1853-1921) was well known at the time and with his partner, A.C. MacKenzie, designed a number of buildings that have become New York City landmarks, among them The New York Times building on Times Square from which a ball drops on New Year’s Eve.

Both buildings have been empty since the American Stock Exchange moved out. Peering through the grimy glass of the Amex building entrance, it is possible to discern the name “Amex” in lettering of the style popular in 1951 when the New York Curb Exchange changed its name to the American Stock Exchange. A sign tells visitors to check in at the Security Desk, though there have been no visitors in several years. Near the sign is an old-fashioned fan.

Though the American Stock Exchange is not a New York City landmark, it is on the National Register of Historic Places and is a National Historic Landmark, one of 261 buildings in New York State with this designation.

Following Dierickx’s presentation, Roger Byrom, chair of the C.B. 1 Landmarks Committee, said that he thought the plight of the two buildings in the Amex complex should be brought to the attention of the Landmarks Preservation Commission.

“We request an evaluation urgently,” he said, “and I do think we should mention that so many other important buildings in this part of Manhattan have been lost over the last 10 years.”

The Committee unanimously resolved to make this request.

http://www.downtownexpress.com/?p=2006
Reply With Quote
     
     
  #45  
Old Posted Jul 22, 2011, 3:27 AM
SkyscrapersOfNewYork's Avatar
SkyscrapersOfNewYork SkyscrapersOfNewYork is offline
Moderator
 
Join Date: Sep 2009
Location: New York City
Posts: 2,518
i have mixed feelings about the exchange building but all in all this is bad news....
__________________
New York City,The City That Never Sleeps,The Capitol Of The World,The Big Apple,The Empire City,The Melting Pot,The Metropolis,Gotham

Buildings Over 200 Meters 62 Completed 20 Under Construction 50 Proposed 0 On Hold
Reply With Quote
     
     
  #46  
Old Posted Jul 22, 2011, 4:14 AM
Roadcruiser1's Avatar
Roadcruiser1 Roadcruiser1 is offline
Registered User
 
Join Date: Jun 2010
Location: New York City
Posts: 2,105
Is it possible to retrofit the American Stock Exchange Building to carry a 60 story skyscraper on top? There seems to be room if you add a building core, and kept building it higher, but it would be narrower then the proposed building now, and it might be built in the Art Deco form.
Reply With Quote
     
     
  #47  
Old Posted Jul 22, 2011, 12:56 PM
Alliance's Avatar
Alliance Alliance is offline
NEW YORK | CHICAGO
 
Join Date: Sep 2006
Location: NYC
Posts: 3,533
Quote:
Originally Posted by Roadcruiser1 View Post
Is it possible to retrofit the American Stock Exchange Building to carry a 60 story skyscraper on top? There seems to be room if you add a building core, and kept building it higher, but it would be narrower then the proposed building now, and it might be built in the Art Deco form.
There is an old adage/quote that says: "It would be easier to add a floor underneath an existing building, rather than add one on top of it."
__________________
My: Skyscraper Art - Diagrams - Diagram Thread
Reply With Quote
     
     
  #48  
Old Posted Jul 22, 2011, 1:33 PM
RobertWalpole RobertWalpole is offline
BANNED
 
Join Date: Apr 2010
Posts: 1,911
The building scheduled to be razed is the rust-colored stone one on Greenwich and Thames.
Reply With Quote
     
     
  #49  
Old Posted Jul 29, 2011, 3:23 PM
NYguy's Avatar
NYguy NYguy is online now
New Yorker for life
 
Join Date: Jul 2001
Location: Borough of Jersey
Posts: 34,905
Tribeca Trib

http://tribecatrib.com/news/2011/jul...-building.html

Campaign to Protect American Stock Exchange Building







Share By Jessica Terrell
POSTED Jul. 25

Quote:
Dierickx, a historic preservation consultant, is especially worried these days about the fate of two former stalwarts of the Financial District: the American Stock Exchange building at 86 Trinity Place and the former-Western Electric building at 125 Greenwich St.

The Western Electric building is likely to be torn down to make way for a 60-story residential building. Plans are in the works to turn the exchange building into a hotel with high-end retail shops, said Allan Fried, a principle in 86 Trinity Place LLC, which purchased the buildings.

Fried said plans for the building will make it more accessible to the public than it has been in the past.

“This has been effectively an off-limits building for a number of years,” Fried said of the stock exchange building. “We hope to bring it into full life with retail and hotel uses.”
__________________
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
     
     
  #50  
Old Posted Jul 29, 2011, 8:54 PM
RobertWalpole RobertWalpole is offline
BANNED
 
Join Date: Apr 2010
Posts: 1,911
Unless this tower is an absolute show-stopper, which I doubt, I'd rather preserve the old building.
Reply With Quote
     
     
  #51  
Old Posted Jun 12, 2012, 1:20 PM
yankeesfan1000 yankeesfan1000 is offline
Registered User
 
Join Date: Aug 2010
Location: 10014
Posts: 1,405
Nothing about the tower, but good news nonetheless...

Financial District landlords work with LPC ahead of hotel conversion
June 12, 2012 09:00AM



"... The New York Post reported that Allan Fried, who bought the vacant 15-story American Stock Exchange building at 86 Trinity place for $17 million last year with Michael Steinhardt, wrote to the LPC saying he has no objection to designating the building’s exterior — even as he plans a hotel conversion of the building.

The Post said Fried’s GHC Development plans to lease out the lower floors of the building, including the former 60-foot-tall ground-floor trading area, to retailers, while transforming the upper floors into 174 hotel rooms."
Reply With Quote
     
     
  #52  
Old Posted Jun 12, 2012, 1:32 PM
Derek2k32 Derek2k32 is offline
Registered User
 
Join Date: Dec 2003
Posts: 100
A permit was filed for a 56-story 637-foot tower last week. It's essentially the same height as the W across the street.

http://a810-bisweb.nyc.gov/bisweb/Jo...ssdocnumber=01
Reply With Quote
     
     
  #53  
Old Posted Jun 12, 2012, 10:50 PM
sbarn sbarn is offline
Registered User
 
Join Date: Feb 2004
Posts: 1,992
I'm steadfast against this one. The building slated for demolition is absolutely stunning. Some people don't realize the asset they have on their hands. I wish (hope?) that it could be landmarked.
Reply With Quote
     
     
  #54  
Old Posted Jun 13, 2012, 12:12 AM
Crawford Crawford is online now
Registered User
 
Join Date: Nov 2003
Location: Brooklyn, NYC/Polanco, DF
Posts: 14,121
Quote:
Originally Posted by sbarn View Post
I'm steadfast against this one. The building slated for demolition is absolutely stunning. Some people don't realize the asset they have on their hands. I wish (hope?) that it could be landmarked.
You do realize that the pictured building is not being demolished, right? The Amex building is being renovated for a luxury hotel and retail.

It's the annex, behind the Amex building, that's being demolished and replaced by the new tower.
Reply With Quote
     
     
  #55  
Old Posted Jun 13, 2012, 12:37 AM
sbarn sbarn is offline
Registered User
 
Join Date: Feb 2004
Posts: 1,992
Quote:
Originally Posted by Crawford View Post
It's the annex, behind the Amex building, that's being demolished and replaced by the new tower.
I'm referring to the Annex. Its a quite beautiful building. I'm no NIMBY, I just think that buildings with such character should be preserved. There are plenty of development sites in the immediate neighborhood.

(The light brown one in the foreground is marked for demolition):
Reply With Quote
     
     
  #56  
Old Posted Jun 13, 2012, 2:45 AM
Duck From NY's Avatar
Duck From NY Duck From NY is offline
Registered User
 
Join Date: Dec 2011
Location: Staten Island, "New York City"
Posts: 801
Quote:
Originally Posted by sbarn View Post
I'm referring to the Annex. Its a quite beautiful building. I'm no NIMBY, I just think that buildings with such character should be preserved. There are plenty of development sites in the immediate neighborhood.

(The light brown one in the foreground is marked for demolition):
I'd rather see them demolish that brutalist piece of crap right next to it.
Reply With Quote
     
     
  #57  
Old Posted Jun 13, 2012, 5:18 AM
Zapatan's Avatar
Zapatan Zapatan is offline
El Barto
 
Join Date: Aug 2009
Location: Las Americas y Europa
Posts: 3,064
woah is that 111 washington street still planned? that's an awesome tower
Reply With Quote
     
     
  #58  
Old Posted Jun 13, 2012, 9:17 PM
hunser's Avatar
hunser hunser is offline
don't *meddle*...
 
Join Date: Feb 2009
Location: New York City / Wien
Posts: 4,017
Smile NEW YORK | 125 Greenwich St (22 Thames St) | 637 FT/ 194 M | 56 FLOORS

Another skyscraper for NY! Could break the 200m mark...

DOB filing: http://a810-bisweb.nyc.gov/bisweb/Jo...ssdocnumber=01

Design firm: Goldstein, Hill & West Architects
Type of building: residential

Quote:
Building Height (ft.): 637
Building Stories: 56
Dwelling Units: 428
Reply With Quote
     
     
  #59  
Old Posted Jun 13, 2012, 9:47 PM
yankeesfan1000 yankeesfan1000 is offline
Registered User
 
Join Date: Aug 2010
Location: 10014
Posts: 1,405
Same firm that designed Silverstein's Silver Towers, the Rushmore, the Aldyn, 885 6th Ave, and a couple of buildings in Battery Park. So I'd expect something boxy, and a glass facade. Also, looks like it'll be a little taller than the W Hotel at 123 Washington to put it in perspective.

Anyways, good catch. Hopefully this breaks 200m.
Reply With Quote
     
     
  #60  
Old Posted Sep 14, 2012, 5:35 PM
NYguy's Avatar
NYguy NYguy is online now
New Yorker for life
 
Join Date: Jul 2001
Location: Borough of Jersey
Posts: 34,905
Sold again...


http://therealdeal.com/blog/2012/09/...-150m-sources/

Fisher Bros. buys American Stock Exchange site for $150M: sources
Michael Steinhardt and Allan Fried purchased assemblage last year for $65M





September 14, 2012
By Adam Pincus

Quote:
The family-run real estate investment company Fisher Brothers purchased the American Stock Exchange building and a neighboring development site in Lower Manhattan from two investors who bought the properties in 2011, multiple sources said. The sales price was $150 million. Fisher Brothers closed yesterday on the acquisition of 86 Trinity Place, the former home of the American Stock Exchange, and 22 Thames Street next door, the sources said. The sellers, Michael Steinhardt and Allan Fried, purchased the two properties Feb. 16, 2011. They paid $17 million for the vacant American Stock Exchange building, and $48 million for 22 Thames Street, city property records show.A spokesperson for Fisher Brothers said that there was no information immediately available from the company. Calls to Steinhardt and Fried at Steinhardt Management were not immediately returned.

Steinhardt and Fried discussed plans in published reports in June to build a 174-unit hotel with 100,000 square feet of retail at the 15-story stock exchange building, which has the alternate address of 123 Greenwich Street. In July they revealed plans to build a 300,000-square-foot residential building at 22 Thames Street at the corner of Greenwich Street.
__________________
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
     
     
This discussion thread continues

Use the page links to the lower-right to go to the next page for additional posts
 
 
Reply

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


Thread Tools
Display Modes

Forum Jump


All times are GMT. The time now is 5:46 PM.

     

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2017, vBulletin Solutions, Inc.