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  #141  
Old Posted Oct 8, 2014, 11:14 PM
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Is that the one thats in Supersize Me? The one where he pukes in the parking lot.
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  #142  
Old Posted Oct 8, 2014, 11:28 PM
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Is that the one thats in Supersize Me? The one where he pukes in the parking lot.
Come on, the building isn't that ugly.
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  #143  
Old Posted Oct 9, 2014, 12:26 PM
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Originally Posted by ILNY View Post
^ I am with you but I don't think NYguy shares our love for that McDonalds LOL.
Nope. Only ate there once, and only because I was going to the Javits.



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Originally Posted by chris08876 View Post
The man in the bottom middle of the pic seems to agree. He's not looking at the tower nor traffic, but the McDonalds!
He's trying to decide if it's worth walking the distance to get his Big Mac.



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Originally Posted by 599GTO View Post
That McDonald's is an ugly blight and needs to be blown to smithereens and replaced with a beautiful tower and trees.
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Originally Posted by dc_denizen View Post
it would be fun to have a ceremonial explosion of this mcDs.
The day when that thing comes down, I think I'll show up with a Big Mac of my own (and a large sweet tea) to celebrate. It's just and awful location for such a thing, which will be practically accross the street from 30 Hudson Yards. Imagine that for a minute.
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  #144  
Old Posted Oct 14, 2014, 3:21 PM
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For those who may be having a craving for a cheeseburger...


October 13, 2014






















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  #145  
Old Posted Oct 14, 2014, 3:26 PM
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I'm craving a new building - a supertall, to be exact.
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  #146  
Old Posted Oct 14, 2014, 3:41 PM
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We need a memorial for that McDonalds.
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  #147  
Old Posted Oct 14, 2014, 4:30 PM
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Truth be told I haven't had a craving for McDonald's in the last ten years until now... pictures have power.
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  #148  
Old Posted Oct 14, 2014, 6:39 PM
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Originally Posted by King DenCity View Post
Truth be told I haven't had a craving for McDonald's in the last ten years until now... pictures have power.
Well, if you do go to that "ald's", make it easy on yourself and use their convenient "D -Thr".
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  #149  
Old Posted Oct 14, 2014, 8:30 PM
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I'm craving a new building - a supertall, to be exact.
Yes, and preferably one with a decent design.



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Originally Posted by King DenCity View Post
Truth be told I haven't had a craving for McDonald's in the last ten years until now... pictures have power.
Must be those giant arches. Remove them, and it's just another building in a parking lot.
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  #150  
Old Posted Oct 17, 2014, 12:13 PM
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Absolutely. Because we need even more subsidized office space at HY

http://www.nytimes.com/2014/10/17/ny...ttan.html?_r=0

JPMorgan Chase Seeks Incentives to Build New Headquarters in Manhattan



Quote:
City and state officials are negotiating with JPMorgan Chase over a potential deal in which the nation’s largest bank would build a vast $6.5 billion corporate campus with two high-rise towers in the new commercial district on the Far West Side of Manhattan.

The talks, which involve one of the largest real estate complexes for a single company in New York City history and a large package of incentives for Chase, have reached a feverish state after nearly falling apart this week.

The negotiations are so delicate that few people are willing to discuss them publicly for fear of alienating one side or another.

But a deal with the bank poses political risks for both the state and the city. Chase had initially sought, by one account, more than $1 billion in concessions from the city and the state while it continues to pare its payroll in the city. According to executives and officials, Chase wants to build the two towers — whose total space would be the equivalent of about two Empire State Buildings — at Hudson Yards on the north side of 33rd Street, between 10th and 11th Avenues. They would become home to 16,000 employees.

...

The bank’s “wish list” of concessions, however, has shrunk significantly in recent days. And the talks have picked up momentum, although a deal is far from assured. State officials are creating a counteroffer.

“There’s no way that the city would entertain a demand for a billion dollars in additional incentives at Hudson Yards,” said Alicia Glen, the deputy mayor for economic development. “We have always been willing to engage with them in a dialogue about how we could be helpful in making a move more feasible.”

...

Chase first approached city and state officials in June with the idea of building on the West Side property. Under the proposal, Chase would build a 62-story tower and a 40-story tower, for a total of nearly four million square feet.

.....

“We don’t have a deal yet,” Related’s chairman, Stephen M. Ross, said on Thursday. “I don’t know if we can make one. A lot depends upon the city and the state.”

As is often the case in these kinds of deals, the bank drew up a lengthy list of possible concessions. Chase wanted to cut the mortgage recording tax, the transfer tax and sales taxes on construction materials. It also sought job-training grants, low-cost power from the state, an underground passageway between the two buildings that would require alterations to the newly built No. 7 subway station and financial help with reinforcing the foundation.
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  #151  
Old Posted Oct 17, 2014, 12:21 PM
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Yes, do it!


http://www.nytimes.com/2014/10/17/ny...ttan.html?_r=0

JPMorgan Chase hopes to build a campus at Hudson Yards for 16,000 workers.







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Last edited by NYguy; Oct 17, 2014 at 1:09 PM.
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  #152  
Old Posted Oct 20, 2014, 1:52 PM
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Here's that throwback article from the Post that first talked about a potential move last August...


http://nypost.com/2014/08/11/jpmorga...-and-delaware/

JPMorgan eyeing office spaces on West Side, in NJ and Delaware


By Steve Cuozzo
August 11, 2014


Quote:
JPMorgan Chase has held talks with major developers about moving its headquarters from Park Avenue to the World Trade Center or the Far West Side — at the same time it is planning to move a “significant” number of employees out of town.

As part of an overall real estate reshuffle, the financial giant plans to move an unspecified number of its New York City employees to New Jersey and Delaware, insiders said, although headquarters and trading operations would remain in Manhattan.

No decision has yet been made to move from 270 Park Ave., the bank’s longtime home, and sources termed talks with developers “exploratory.” JPMorgan Chase declined to make an official comment.

But sources confirmed on condition of anonymity that the global giant is in the midst of a “comprehensive” review of its real estate strategy.
In recent months, JPMorgan Chase CEO Jamie Dimon has “kicked the tires” at Related Cos.’ 50 Hudson Yards, a proposed 1,110-foot-tall, 2.3-million-square-foot skyscraper at 504-522 W. 34th St. The land is now owned by Coach Inc., but Related is to buy it for $130 million once Coach moves to its new home at Related’s 10 Hudson Yards three blocks south.

The bank has also talked with Brookfield Properties about its Manhattan West project, and with Vornado Realty Trust about its Hotel Pennsylvania development site.

It’s also talked to WTC developers Larry Silverstein and the Port Authority and Durst Organization about anchoring the proposed 2 WTC, or taking space in near-finished 1 and 4 WTC or in under-construction 3 WTC.


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  #153  
Old Posted Oct 20, 2014, 2:52 PM
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We might be getting somewhere with WTC2 hopefully. I wonder if they would consider splitting some of the office space between the WTC complex and maybe a site on the West side. 4 million square feet is a lot of space. It would only take a small commitment of that space to get WTC2 going.
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  #154  
Old Posted Oct 20, 2014, 3:21 PM
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Originally Posted by chris08876 View Post
We might be getting somewhere with WTC2 hopefully. I wonder if they would consider splitting some of the office space between the WTC complex and maybe a site on the West side. 4 million square feet is a lot of space. It would only take a small commitment of that space to get WTC2 going.
It seems like they want a corporate HQ campus, meaning all of their HQ would be located in the same area. I guess they could take all of WTC 2 and parts of 1, 3 and 4 (which I am sure we would all love) but it also seems like they want to own their building, and Silverstein (with good reason) probably doesn't want to sell WTC 2.
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  #155  
Old Posted Oct 20, 2014, 3:58 PM
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If they want to have easy access to their JC campus, then the WTC is a no brainer. They also occupy one of the Metrotech buildings in DT Brooklyn, so it will be closer there as well.
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  #156  
Old Posted Oct 20, 2014, 4:24 PM
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Quote:
Originally Posted by chris08876 View Post
We might be getting somewhere with WTC2 hopefully.

Quote:
Originally Posted by Submariner View Post
It seems like they want a corporate HQ campus, meaning all of their HQ would be located in the same area. I guess they could take all of WTC 2 and parts of 1, 3 and 4 (which I am sure we would all love) but it also seems like they want to own their building, and Silverstein (with good reason) probably doesn't want to sell WTC 2.

Quote:
Originally Posted by antinimby View Post
If they want to have easy access to their JC campus, then the WTC is a no brainer. They also occupy one of the Metrotech buildings in DT Brooklyn, so it will be closer there as well.

I think you guys are missing an important piece of the conversation, which Submariner pointed out...


Quote:
http://www.bidnessetc.com/27540-jp-m...r-west-side/2/

the bank also has to align its terms with Related, which owns the proposed site for the new complex. JPM is interested in striking an estate-purchase deal with Related, and not a construction contract. Related, however, has suggested that the bank could construct one building for its new headquarters, which would allow it to take up half of the building planned for Time Warner.


http://www.realtytoday.com/articles/...c-s-hudson.htm

Approved or unapproved, JP Morgan Chase will have to purchase land from developers Related Companies and have to come to a consensus on which developer will build the structures. Related is apparently "eager" to strike a deal with the bank but everything depends on the government approval.

Chase wants to own the land and build it's own towers with its own architects. It wants to start from scratch, not just lease space in some office tower.

The bank has reportedly since scaled down demands for subsidies, but even then, I doubt the city and state will be willing to give more to the WTC site than it already has.

Whether or not they can come to a deal with Related remains to be seen, but before any of that can take place, they have to see what, if anything, will come from the city and state.
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  #157  
Old Posted Oct 20, 2014, 7:32 PM
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de Blasio has to make this clear...


http://www.crainsnewyork.com/article...sal-nonstarter

Mayor calls JPMorgan tax proposal 'nonstarter'


ANDREW J. HAWKINS
OCTOBER 20, 2014


Quote:
On Monday, Mayor Bill de Blasio rejected a request from JPMorgan Chase for more than a $1 billion in tax incentives from the city and state to keep its headquarters in New York City. But although he called the proposal a "nonstarter," he left open the possibility of offering some tax break to the bank.

His comment reaffirmed his administration's hard-line stance on corporate concessions as it continues to negotiate with the bank on its plan to move its headquarters to the far West Side of Manhattan. Alternatively, the nation's largest bank by assets may decamp for a lower-cost location like New Jersey or Delaware.

"There was a discussion put forward to the city of a substantial amount of subsidy, and as Deputy Mayor [Alicia] Glen made very clear publicly, that's not on the table from the city point of view," Mr. de Blasio said at a press conference in Broad Channel, Queens, on the city's Sandy relief program.

"But we value JPMorgan as a major employer for this city, for sure, and we certainly look forward to their long-term presence here as they're looking to switch locations, and if we can find appropriate ways to be helpful, we certainly will."

Pressed on whether he believes the city should provide no tax incentives to JPMorgan, Mr. de Blasio said he simply opposed the $1 billion proposal.


The bank's interest in relocating to the Hudson Yards complex now under development west of Penn Station highlights that area's growing prominence in the city's office market. At the same time, the proposed move also signals the challenges ahead for the market as major tenants seek to downsize their operations to save costs.

During the press conference, Mr. de Blasio also addressed the recent report that Harold Ickes, a lobbyist and close friend of the mayor who helped run his transition team, was representing JPMorgan in its negotiations with the city.

"Harold's a dear friend," Mr. de Blasio said. "Someone I think the world of."
That said, the mayor insisted that his relationship with Mr. Ickes, a onetime Clinton administration official, would not affect his decision on the JPMorgan deal.

"We all separate in our lives all the time the personal relationships we have with people with the work we have to do," he said.
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  #158  
Old Posted Oct 21, 2014, 11:05 AM
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http://www.globest.com/news/12_970/n...ds-351611.html

JP Morgan Likely Headed to Hudson Yards




The Hudson Yards complex may get a neighbor in a new JP Morgan behemoth headquarters.


By Rayna Katz
October 21, 2014

Quote:
The largest bank in America wants to build two towers totaling four million square feet, an effort that would carry a roughly $6-billion price tag, says a person with knowledge of the discussions.

A move by JPMorgan to Hudson Yards potentially would bring about 16,000 jobs to the area, while reducing or ending JPMorgan’s longtime presence on Park Avenue just north of Grand Central Terminal, says the person with knowledge of the talks.

If the deal goes through as it is being requested, the bank probably would sell its 1.3 million-square-foot headquarters building at 270 Park Ave. along with 383 Madison Ave., a tower completed in 2001 as the headquarters of Bear Stearns Cos., which JPMorgan took over when it bought that firm in 2008.
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  #159  
Old Posted Oct 27, 2014, 12:48 AM
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Yes, Chase, pleae come in and give us a decent looking skyscraper...



https://twitter.com/RichardJoyTO/sta...85708203077632



And replace this McDonalds in the process...

http://news.efinancialcareers.com/us...park-ave-dont/

Why JPMorgan bankers want to move from Park Ave., why they don’t

by Beecher Tuttle


Quote:
JPMorgan is reportedly considering moving its New York headquarters from its posh Park Avenue location to the West Side. The bank is eyeing a $6.5 billion two-tower campus at Hudson Yards, a new build adjacent to the Javits Center and just a block from the Hudson River.

The pluses for JPMorgan moving away from one of the most historic parts of Manhattan are obvious: it’ll be cheaper in the long run and will give the bank access to better technology. The downsides are more about JPMorgan employees than the bank itself. Here’s a breakdown of the pros and cons for bankers who would make the move west, if indeed JPMorgan inks a deal.

Con: Location, location, location.

Sitting on Park Ave. between 47th and 48th Street, JPMorgan’s current headquarters are ideal for commuting. Grand Central Terminal is just a couple blocks away, giving bankers access to subways that can take them anywhere in the city and, more importantly, trains out to the suburbs. It’s as commutable a location as anyone could ask.

Hudson Yards, meanwhile, is a real estate development that takes up the lower 30s between 10th Street and the West Side Highway. The potential site for JPMorgan is on the northeastern side of the development, on 33rd between 10th and 11th.

While Penn Station is several avenues over, Hudson Yards isn’t nearly as commutable. Subway options are limited and, unless you live in New Jersey, you’ll need to take the commuter rail over to Grand Central after a hefty walk. The number 7 subway line is being extended to reach Hudson Yards, but that’s not a well-traveled line for people who work in banking.

Also, it’s far from being the epicenter of financial services. The building will neighbor the headquarters for Coach, the luxury bag designer, and department store Neiman Marcus has chosen the location for its flagship New York City store. Media company Time Warner has also signed on.

Currently, the area is rather unattractive. But as you’ll see, major changes are in the works.

Pro: The view

Located just a few hundred yards from the Hudson River, the views should be rather amazing. Above is a photo taken this week from the Coach offices that looks down over where the tower would be located. The buildings planned for the area are towers, unlike the more diminutive Coach building, so the view would be even more spectacular.

Con: Fine dining, at least for now

While midtown isn’t the epicenter for fine dining in New York City, it offers hundreds of options, from casual lunch spots to pricey steakhouses. Hudson Yards, sandwiched between Chelsea and the Garment District, is as void of good places to eat as anywhere in Manhattan. Below is the closest restaurant to the site.




Now, that said, Hudson Yards is a huge build and will no doubt attract other businesses and restaurants to the area. The developers expect seven levels of shops and restaurants, and the 500 residences that are planned should bring even more big culinary names to the area. They are also planning a luxury hotel.

But that will take time. Who knows, years down the road it could grow into something special.

Pro: Outdoor space

Unlike crowded Midtown, Hudson Yards has the High Line, a 1.5-mile linear park that weaves through the area, plus Hudson River Park, a beautiful stretch of running and biking paths that run alongside the river. The developers also say they are planning 6 acres of open space that will exist between the towers and stores.

Hudson Yards is also planning a 750-seat public school, which would be great for some parents.


Con: A lack of history and prestige

Say what you want about shiny new buildings and fresh amenities, Park Ave. has panache. The location has been associated with JPMorgan for decades and draws connotations of power and money. Hudson Yards is a project with high aims. Park Avenue is Park Avenue.

Pro: It keeps workers in Manhattan

Like other banks, JPMorgan is moving employees out of high cost locations like New York City. The bank has been pushing people out to New Jersey, Delaware, Florida, and is even said to be working on a facility in Brooklyn. But a two-tower site like the one planned at Hudson Yards would likely slow the drain off talent to lower cost areas.

The New York Times, which first broke news of the negotiations, said the towers could house 16,000 workers. That’s a nice feeling if you like working in the city.

Currently, JPMorgan is said to be in negotiations with the builder, but they’re looking for subsidies for the city, which, under Mayor Bill de Blasio, has shown little interest in providing additional financial support. City officials told the Times they’ve given out around $600 million in tax breaks related to the project already. JPMorgan hasn’t commented on any potential moving plans.

So it’s a wait-and-see for the moment. The towers aren’t expected to be completed until around 2018.

Large view of our infamous McDonalds...
http://news-cdn.efinancialcareers.co...14/10/McD2.jpg




http://www.crainsnewyork.com/article...n-the-hot-seat

JPMorgan puts de Blasio on the hot seat


GREG DAVID
OCTOBER 26, 2014


Quote:
JPMorgan Chase's request for enormous tax breaks to build two towers in Hudson Yards on the far West Side and relocate 16,000 workers to that embryonic neighborhood presents a series of dilemmas for Mayor Bill de Blasio. Some are of his own making, some reflect the times, but all will set important precedents.
The campaign pledge.

As a candidate, Bill de Blasio said over and over again there would be no tax breaks for companies threatening to leave the city. He assailed the Bloomberg administration deal in which FreshDirect received some $100 million in incentives to relocate to the depressed South Bronx and increase its workforce by 1,000 people. Deputy Mayor Alicia Glen repeated that vow earlier this year.

These days the language is a little different. Both the mayor and Ms. Glen say a reported request by JPMorgan Chase for $1 billion in tax breaks is a "nonstarter," although they will try to be "helpful.'' What does that mean? It might mean persuading the state to come up with the money, which Gov. Andrew Cuomo has done for a series of tech firms recently. The governor has his own budget pressures and political problems, and it is unclear why he would continue to bail out the mayor on this issue.

The size of the request.

It's hard to believe JPMorgan was being serious asking for $1 billion in subsidies, but maybe it was trying to distract attention from another problem. The site already offers enormous savings because of incentives as part of the Hudson Yards zoning, which have been estimated at $600 million. (Maybe JPMorgan included that in its request. If not, one should ask what that says about its thinking.)

Those tax breaks were put into place in the Bloomberg administration to forestall just this kind of dealmaking, and giving JPMorgan any additions will just lead to more requests.

JPMorgan is shrinking, not growing, in New York.

This may be the most important issue. Like many other financial companies, JPMorgan is moving midlevel jobs to lower-cost areas as it desperately tries to cut costs to cope with new financial regulations that make global banking less profitable. It is expected to keep its high-paying, revenue-producing people in New York, but the bottom line is that total employment in the city is likely to fall.

Requests for tax breaks from companies in JPMorgan's position were nonstarters in the Bloomberg administration, former officials say. Companies were told that the city was only going to help companies growing in New York.

One could argue that the times are different, that there is no way to demand an increase in financial-services employment, and that tax breaks are needed to keep the jobs New York wants the most. It would be more than a little ironic if Mr. de Blasio starts giving incentives that the Bloomberg administration would not.
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“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; Oct 27, 2014 at 1:00 AM.
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  #160  
Old Posted Oct 28, 2014, 3:54 AM
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Redesigns, please.
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