HomeDiagramsDatabaseMapsForumSkyscraper Posters
     

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

    

111 West 57th 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
     
     
  #1861  
Old Posted Jun 28, 2017, 11:58 PM
Shwayze1994's Avatar
Shwayze1994 Shwayze1994 is offline
Registered User
 
Join Date: Aug 2015
Location: Springfield, Missouri
Posts: 158
They've started cladding.

https://www.instagram.com/p/BV5TDIIgcat/
Reply With Quote
     
     
  #1862  
Old Posted Jun 29, 2017, 12:15 AM
streetscaper streetscaper is offline
Registered User
 
Join Date: May 2004
Location: New York
Posts: 2,290
__________________
hmmm....

Last edited by NYguy; Jun 30, 2017 at 12:08 AM.
Reply With Quote
     
     
  #1863  
Old Posted Jun 29, 2017, 1:12 AM
Crawford Crawford is offline
Registered User
 
Join Date: Nov 2003
Location: Brooklyn, NYC/Polanco, DF
Posts: 14,244
Hell, yeah! Can't wait to see more cladding!
Reply With Quote
     
     
  #1864  
Old Posted Jun 29, 2017, 1:43 AM
chris08876's Avatar
chris08876 chris08876 is online now
N-methyl-D-aspartate
 
Join Date: Jul 2013
Location: New Jersey - Somerset County
Posts: 19,924
Quote:
Originally Posted by Crawford View Post
Hell, yeah! Can't wait to see more cladding!
Just like the model.




Credit: http://www.skyscraper.org/EXHIBITION...GH/111Shop.php
Reply With Quote
     
     
  #1865  
Old Posted Jun 29, 2017, 11:22 AM
jsbrook jsbrook is offline
Registered User
 
Join Date: Aug 2014
Location: Philadelphia
Posts: 2,101
Liftoff!! Can't wait to see more and the terracotta pieces start to take shape on the building.
Reply With Quote
     
     
  #1866  
Old Posted Jun 30, 2017, 12:13 AM
NYguy's Avatar
NYguy NYguy is offline
New Yorker for life
 
Join Date: Jul 2001
Location: Borough of Jersey
Posts: 35,069
^ This will be one of the top facades in the City...


https://www.instagram.com/p/BV7sdXag...velopmentgroup

Quote:
The strip tease has started. Behold, the restored Steinway Hall!
__________________
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
     
     
  #1867  
Old Posted Jun 30, 2017, 5:00 AM
1Boston's Avatar
1Boston 1Boston is offline
Registered User
 
Join Date: Dec 2011
Location: Quincy, MA
Posts: 333
The glass looks wicked reflective too! I thought there was a construction worker behind the glass at first and then realized that it's just his reflection...nearly a mirror, even up close.
Reply With Quote
     
     
  #1868  
Old Posted Jul 4, 2017, 3:09 AM
NYguy's Avatar
NYguy NYguy is offline
New Yorker for life
 
Join Date: Jul 2001
Location: Borough of Jersey
Posts: 35,069
__________________
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
     
     
  #1869  
Old Posted Jul 5, 2017, 11:26 PM
streetscaper streetscaper is offline
Registered User
 
Join Date: May 2004
Location: New York
Posts: 2,290
from yesterday by me





__________________
hmmm....
Reply With Quote
     
     
  #1870  
Old Posted Jul 5, 2017, 11:35 PM
Eidolon's Avatar
Eidolon Eidolon is offline
Registered User
 
Join Date: Jan 2012
Posts: 625
Who else here feels that this, 53W53rd, 45 Broad and the Flatbush tower are the harbingers of a new New York style? In context with the previous century while boldly setting the standards for this new one. I am giddy at the thought of what the coming years will give to us!
Reply With Quote
     
     
  #1871  
Old Posted Jul 6, 2017, 12:29 AM
NYguy's Avatar
NYguy NYguy is offline
New Yorker for life
 
Join Date: Jul 2001
Location: Borough of Jersey
Posts: 35,069
Quote:
Originally Posted by Eidolon View Post
Who else here feels that this, 53W53rd, 45 Broad and the Flatbush tower are the harbingers of a new New York style? In context with the previous century while boldly setting the standards for this new one. I am giddy at the thought of what the coming years will give to us!
Yes, I agree. These are the new "glory days" of skyscraper building in New York.
__________________
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
     
     
  #1872  
Old Posted Jul 9, 2017, 1:45 PM
chris08876's Avatar
chris08876 chris08876 is online now
N-methyl-D-aspartate
 
Join Date: Jul 2013
Location: New Jersey - Somerset County
Posts: 19,924
Verre (foreground) and 111 W 57th (background, closest to the park)


Credit: nico_caltabiano
Reply With Quote
     
     
  #1873  
Old Posted Jul 10, 2017, 1:48 AM
pico44 pico44 is online now
Registered User
 
Join Date: Nov 2006
Posts: 1,109
We're at a-floor-week. Boom. I'd like to think that we hit two-floors-a-week in august and September but I'm worried that all the setbacks will keep this going at merely the present pace.
Reply With Quote
     
     
  #1874  
Old Posted Jul 10, 2017, 3:22 AM
NYguy's Avatar
NYguy NYguy is offline
New Yorker for life
 
Join Date: Jul 2001
Location: Borough of Jersey
Posts: 35,069
JULY 9, 2017


1.



2.



3.



4.



5.



6.



7.



8.



9.



10.



11.



12.



13.



14.



15.

__________________
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
     
     
  #1875  
Old Posted Jul 10, 2017, 11:39 PM
chris08876's Avatar
chris08876 chris08876 is online now
N-methyl-D-aspartate
 
Join Date: Jul 2013
Location: New Jersey - Somerset County
Posts: 19,924
^^^^

Nice. Mother of all photo updates.

The speed is very impressive thus far. Man, everything is happening so fast! Everywhere!!!

Too much to keep up with.



Quote:
Originally Posted by pico44 View Post
We're at a-floor-week. Boom. I'd like to think that we hit two-floors-a-week in august and September but I'm worried that all the setbacks will keep this going at merely the present pace.
At first, even though this was rising and with CPT, part of me what semi-optimistic. I was like, o man, I hope it doesn't stop, but now there is no denying the rise. Even with 30 HY, took a good look at it today, and jesus, it got tall.

The whole skyline is dotted with cranes. Today on the BQE, stuck in traffic, I was playing a mental game of spotting what wasn't there 5 years ago. A lot of new stuff everywhere. In Queens/DoBro, all over period.
Reply With Quote
     
     
  #1876  
Old Posted Jul 10, 2017, 11:47 PM
chris08876's Avatar
chris08876 chris08876 is online now
N-methyl-D-aspartate
 
Join Date: Jul 2013
Location: New Jersey - Somerset County
Posts: 19,924
Sounds like a minor hiccup...

= = = = = = =

Investor in 111 West 57th St. claims project faces $100M shortfall

Quote:
An equity investor in the supertall condo development at 111 West 57th Street claims the developers are facing a cash shortfall of up to $100 million and may need to borrow more money, according to a filing with the Securities and Exchange Commission.

The investor, Ambase Corporation, has a contentious relationship with the developers, Michael Stern’s JDS Development Group and Kevin Maloney’s Property Markets Group, and acknowledged it has no access to communications between the developers and its lenders.

“The Sponsors have claimed that additional borrowings of $60 million to $100 million may be needed to complete the project,” Ambase said in its June 29 filing, referencing JDS and PMG. “In addition, Apollo (the mezzanine lender) has indicated that due to projected budget increases, it believes the current loan has been “out of balance”; and thus 111 West 57th Partners or its subsidiaries would need additional funding in order to complete the project.”

“(Ambase) has considered approving the additional financing, but has informed the Sponsors that it has concerns about the Proposed Budget and the implications of the Proposed Budget, as well as other questions that must be addressed first,” the filing reads.

A source close to the developers, speaking on the condition of anonymity, acknowledged that the tower’s projected cost recently increased but claimed there is no budget shortfall because JDS and PMG agreed to pump in more equity. JDS and PMG declined to comment. The SHoP-designed project is under construction and at 1,418 feet, will be New York’s tallest residential building by roof height once completed (at least until Gary Barnett’s Central Park Tower tops out). It will include 60 condos and has a projected sellout of $1.45 billion.
==========================
TRD
Reply With Quote
     
     
  #1877  
Old Posted Jul 11, 2017, 3:07 PM
NYguy's Avatar
NYguy NYguy is offline
New Yorker for life
 
Join Date: Jul 2001
Location: Borough of Jersey
Posts: 35,069
^

Quote:
The investor, Ambase Corporation, has a contentious relationship with the developers, Michael Stern’s JDS Development Group and Kevin Maloney’s Property Markets Group, and acknowledged it has no access to communications between the developers and its lenders.


Meahwhile, let's keep rising...



https://www.instagram.com/p/BWVRsNHg...=anthony_stahl

__________________
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.

Last edited by NYguy; Jul 11, 2017 at 3:18 PM.
Reply With Quote
     
     
  #1878  
Old Posted Jul 11, 2017, 6:13 PM
streetscaper streetscaper is offline
Registered User
 
Join Date: May 2004
Location: New York
Posts: 2,290
Great Find
__________________
hmmm....
Reply With Quote
     
     
  #1879  
Old Posted Jul 12, 2017, 5:44 PM
alta500 alta500 is offline
Registered User
 
Join Date: Jul 2017
Posts: 4
Timing update from Mezzanine Lender - Apollo

Public Comments at a conference from 111 W57th Lender, Apollo Commercial Real Estate Finance June 2017:

Q: Construction [of 111 w57] is expected to be completed in say...

A: Late 2018, early 2019 for construction. By the latter part of this year or early part of next year, construction will be further enough along that you can take a prospective buyer up to any of the floors and they could see the views over Central Park. So you would expect there to be some marketing and sales action sometime next year.
Reply With Quote
     
     
  #1880  
Old Posted Jul 16, 2017, 12:47 AM
NYguy's Avatar
NYguy NYguy is offline
New Yorker for life
 
Join Date: Jul 2001
Location: Borough of Jersey
Posts: 35,069
__________________
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 > Supertall Construction
Forum Jump


Thread Tools
Display Modes

Forum Jump


All times are GMT. The time now is 2:45 AM.

     

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