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  #21  
Old Posted Dec 15, 2012, 7:24 PM
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Is Stern confirmed? Although It would be very appropriate to have a classic Stern stone-clad tower in this location, I would prefer a light colored high quality modern glassy design to shake things up a little in a very conservative part of town that is heavy on the brick and dark shades.
     
     
  #22  
Old Posted Dec 19, 2012, 6:03 PM
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http://therealdeal.com/blog/2012/12/...-tower-report/

Zeckendorfs, Stern to pair up again for UES condo tower: report




December 19, 2012

Quote:
Considering the success of 15 Central Park West and 18 Gramercy Park, it looks like Arthur and William Zeckendorf are taking another shot at their luck. The Wall Street Journal reported that the duo filed a building permit for a 51-story condominium property at 43 East 60th Street — according to an unnamed source, Robert A.M. Stern, the architect behind 15 Central Park West, will be designing the new condo.


http://blogs.wsj.com/metropolis/2012...ng-with-stern/

For New Condos, Zeckendorfs are Sticking with Stern

December 19, 2012
By Laura Kusisto

Quote:
Arthur and William Lie Zeckendorf—the developers of one of Manhattan’s most-successful condominium projects in recent memory—are hoping to repeat their success partly by using the same architect. The brothers have filed a building permit application for a skinny, 51-story condo building at 43 East 60th St., a block east of Central Park.

The 30-unit building would be designed by Robert A.M. Stern, the pre-war architecture devotee, according to a person familiar with the matter. Mr. Stern also designed the Zeckendorfs’ 15 Central Park West, where such big names as Goldman Sachs Group Inc. Chief Executive Lloyd Blankfein and actor Denzel Washington have purchased units.

The developers have been planning the East Side tower for seven years and originally filed plans for the building in 2006. But they were delayed when they encountered resistance vacating the property of commercial tenants, according to a person familiar with the matter.

Other details, such as the Zeckendorfs’ plans for breaking ground, couldn’t be learned.
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  #23  
Old Posted Jan 8, 2013, 5:18 PM
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I wonder if we'll get a sneak peek of a rendering for this tower before construction starts?
     
     
  #24  
Old Posted Feb 26, 2013, 6:12 AM
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Really excited for this one too...
http://mobile.nytimes.com/2013/02/26...ights.xml?f=22


$40 Million in Air Rights Will Let East Side Tower Soar

Quote:
Christ Church, at Park Avenue and 60th Street, is selling air rights that will let developers erect a taller building behind it.
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  #25  
Old Posted Feb 26, 2013, 8:06 AM
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70,000 square feet isn't that much, but it should be good for another 5-10 floors, depending on how slender the tower ends up being- and it's supposed to to be quite slender.
     
     
  #26  
Old Posted Feb 26, 2013, 10:28 AM
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There shouldn't be any additional floors. The air rights are part of the original plan.

(more from the article)

http://www.nytimes.com/2013/02/26/ny...ir-rights.html

$40 Million in Air Rights Will Let East Side Tower Soar






By CHARLES V. BAGLI
February 25, 2013


Quote:
The price of air in Manhattan apparently knows no bounds.

The developers William L. and Arthur W. Zeckendorf are paying a record $600 per square foot this week for unused development rights, sometimes called air rights, so that they can add floors to a planned ultraluxury tower on 60th Street in the old Silk Stocking District, according to real estate executives. The prior record for the cost of air rights was set only last fall when another developer snapped up rights from an adjacent parcel in Chelsea for $500 a square foot for a planned tower at 21st Street and 11th Avenue. Now the Zeckendorf brothers are topping that number by paying more than $40 million for 70,000 square feet of air rights from Christ Church, at the northwest corner of Park Avenue and 60th Street. Prices for the 30 apartments in the new 51-story building are expected to fetch upward of $8,000 a square foot, which would be $48 million for a 6,000-square-foot apartment.

“They’re building what I call a Viagra building: a tall slender tower with great views at a great location,” said Robert I. Shapiro, a real estate broker who specializes in these kind of deals. “What difference does it make if you pay $100 more per square foot if you’re selling condos at over $4,000 a square foot? But there aren’t many sites where you can do this.”

The Zeckendorf brothers built 15 Central Park West, one of the city’s most successful condominium buildings, which was designed by the architect Robert A. M. Stern, who will also design the new tower. New York is currently in the midst of a frenzied contest between two developers, Gary Barnett and Harry Macklowe, to build the tallest, most expensive residential building in North America, on 57th Street. “Height is where the profit is,” said Jonathan Miller, an appraiser. “There’s a premium for views and floor levels. The higher you go in a building, the higher the price you can get.”

Their transaction actually marks the revival of a deal first struck in 2005. The brothers then agreed to pay more than $37 million for air rights from Christ Church and the adjoining Grolier Club, which are on the east side of the Zeckendorfs’ development site. M. Myers Mermel, a real estate broker at TenantWise and a trustee of the church, represented both sellers. But for a variety of reasons, the deal with Christ Church never closed. After a contentious meeting of the club’s members, the Grolier Club concluded the sale in 2006. The new tower will cantilever over the club. Under the current deal, one executive briefed on the transaction said, the church will get about $30 million in cash and an assortment of other payments and several apartments in the new building that it can sell, bringing the total value to more than $40 million. The church plans to use the proceeds for a variety of programs.
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Last edited by NYguy; Feb 26, 2013 at 12:59 PM.
     
     
  #27  
Old Posted Feb 26, 2013, 11:34 PM
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With this tower the Zeckendorf's come almost full circle to where it all began, 515 Park Avenue, which was their first blockbuster attempt at a neo-historicist high rise. Albeit, this time on a higher level with Stern. These two towers will be visual bookends down Park Avenue.
     
     
  #28  
Old Posted Feb 28, 2013, 4:58 AM
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Hope this will look good next to
Video Link


http://en.wikipedia.org/wiki/The_Sherry-Netherland
     
     
  #29  
Old Posted Apr 6, 2013, 5:30 AM
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The latest of permits filed on March 20 - 27...


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

Quote:
BUILDERS PAVEMENT PLAN AS SHOWN ON DRAWINGS FILED HEREWITH. FILED IN CONJUNCTION WITH NB #121329213

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

Quote:
FULL DEMOLITION OF SIX STORY STRUCTURE, USING MECHANICAL MEANS.

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

Quote:
INSTALLATION OF 60 LINEAR FEET OF HEAVY DUTY SIDEWALK SHED DURING BUILDING DEMOLITION, FILED SEPARATELY.

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

Quote:
INSTALLATION OF SCAFFOLD AS PER DRAWINGS.






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  #30  
Old Posted May 20, 2013, 11:29 AM
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Could be some very close competition as the luxury highrise craze heats up in New York...it would probably come after though.


http://online.wsj.com/article/SB1000...420710814.html

May 19, 2013
By ELIOT BROWN


Quote:
Even some successful properties near Central Park are being eyed for a change to residential use. Consider 650 Madison Ave., a 27-story office tower, which has been put up for sale. Although it fetches top-tier office rents, the property's seller is highlighting in marketing material that a buyer would be able to tear it down and build a condo tower, with hotel and retail, in its place once the properties' leases expire.

An 800-foot residential tower could be built on the site at 60th Street, according to marketing material sent to potential buyers by advisory firm Eastdil Secured LLC. It's a "development opportunity without peers," the marketing material says.


http://commons.wikimedia.org/wiki/Fi...son_Avenue.jpg
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  #31  
Old Posted May 22, 2013, 5:37 PM
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^^^
I went ahead and made a thread for that one.
     
     
  #32  
Old Posted May 28, 2013, 10:47 PM
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I wonder what the timeline on this one is? Has anyone heard?
     
     
  #33  
Old Posted May 31, 2013, 3:30 PM
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Quote:
Originally Posted by sbarn View Post
I wonder what the timeline on this one is? Has anyone heard?
Construction permits have been filed. They should be in the process of demolition also (if that hasn't already been completed) according to the latest permits.
http://a810-bisweb.nyc.gov/bisweb/Jo...0&allstrt=EAST 60 STREET&allnumbhous=45


Drawings show the building at 824 ft..

A peek at some detailing shows a high quality building...


Quote:
The new tower will cantilever over the club.





















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  #34  
Old Posted May 31, 2013, 3:41 PM
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I'm very excited to see a design.

An 824-ft Robert AM Stern tower right at Madison & 60th Street should be a treat.

I would like to see the prices on this one, too. Higher than 432 Park? I think it's likely.
     
     
  #35  
Old Posted May 31, 2013, 3:44 PM
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Wow this looks hot. Can't wait to see the renderings...
     
     
  #36  
Old Posted May 31, 2013, 3:47 PM
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^ Me either.


Quote:
Originally Posted by Crawford View Post
I would like to see the prices on this one, too. Higher than 432 Park? I think it's likely.
Very likely, I think. New York is hot right now, and this slice of Manhattan is one of the hottest.
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  #37  
Old Posted May 31, 2013, 3:54 PM
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WOW! Can't wait for this to get built; the East Side counterpart to 99 Church.
     
     
  #38  
Old Posted May 31, 2013, 4:25 PM
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so the first 7 floors will be some form of commercial space? if so, that's fantastic replacement building, even though the street retail is obviously going vastly up-market.
     
     
  #39  
Old Posted May 31, 2013, 4:51 PM
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I wonder how much of an impact this tower will have on the skyline?
     
     
  #40  
Old Posted May 31, 2013, 5:57 PM
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This will have EXCELLENT park views, even better than 432 Park.





3d warehouse model
http://sketchup.google.com/3dwarehou...af447689bf0d04

Last edited by scalziand; May 31, 2013 at 6:10 PM.
     
     
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