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  #1  
Old Posted Dec 18, 2014, 10:23 PM
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Smile NEW YORK | 50 (36) West 66 Street | 775 FT | FLOORS

Looks like this will be moving along. Site near the ABC studios on the west side has been in planning for a tower for a while.


http://commercialobserver.com/2014/1...o-development/

Natixis Finances Extell Upper West Side Buy for Condo Development


BY DAMIAN GHIGLIOTTY
12/18/14


Quote:
Natixis Real Estate Capital gave a $96 million loan to Gary Barnett’s Extell Development for the purchase of three parcels of land on West 66th Street—one of which is occupied by a synagogue—a person with knowledge of the deal told Mortgage Observer. The borrower has formed a joint venture for a large condominium development there.

The balance-sheet loan carries a term of 18 months with a six-month extension option and will not be securitized, the person in the know said on the condition of anonymity. The financing closed yesterday.

Mr. Barnett’s company bought the synagogue property at 44 West 66th Street from the local religious group Congregation Habonim for $45 million, public records show.

Extell combined the site with three adjacent buildings at 36-40 West 66th Street in a partnership with Megalith Capital Management to develop the upcoming condo tower.

New York-based Megalith purchased the three adjacent buildings, which occupy two parcels, for $85 million in March, as The Real Deal first reported. A portion of the loan from Natixis, which was provided solely to Extell, will retire previous financing for that acquisition, the person familiar with the deal said.

The parcel at 44 West 66th Street contains 75,000 square feet of total buildable space, according to data from PropertyShark. The lots at 36-40 West 66th Street hold combined development rights of 74,880 square feet.

Extell and Megalith have not yet disclosed the size and scope of the condo project.

Mr. Barnett and representatives for Megalith and Natixis were not immediately available for comment.
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Old Posted Dec 18, 2014, 10:34 PM
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Proximity to Central Park and surroundings (google earth)











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Old Posted Dec 20, 2014, 12:08 AM
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http://jewishbusinessnews.com/2014/1...t-development/

xtell Borrows $96 Million For West 66th Street Development That Includes Synagogue





December 19, 2014


Quote:
Gary Barnett’s Extell Development has secured a $96 million loan from Natixis Real Estate Capital for the development of three parcels of adjacent land on West 66th Street in Manhattan, the Commercial Observer has reported. The development site includes the current home of synagogue Congregation Habonim at 44 West 66th Street, which Extell acquired recently for $45 million.

The loan was for 18 months with an option for a six month extension. Part of the funds borrowed will be used to retire some of the debt that was accrued when the lots were first purchased.

Back in April Extell contracted to purchase 44 West 66th Street, between Central Park West and Columbus Avenue, which came with 75,000 square feet of development rights. The firm will partner with Megalith Capital Management to build a new a large condominium tower there.

Habonim will also have a $30 million share in the project, including its new location, leaving it a total of $75 million from the sale of its building. The synagogue expects to open its new home by 2019.

The other parcels included in the development site are located at at 36-40 West 66th Street and have a total of 74,880 square feet of development rights.

No details of the new building have been revealed yet, but it could have up to 180,000 square feet of space. If Extell acquires another neighboring parcel owned by the nonprofit Jewish Guild Healthcare then it could go up to as much as 400,000 square feet. Any plans must first be approved by both the New York State Attorney General and State Supreme Court.
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Old Posted Nov 25, 2015, 1:02 AM
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Extell, Megalith file plans for 25-story Lincoln Square condo

Quote:
Extell Development and Megalith Capital Management filed plans Tuesday for a 25-story Lincoln Square condominium building that’s moving forward after a particularly complex assemblage.

The mixed-use project at 36 West 66th Street, located half a block from Central Park West, will span nearly 300,000 square feet, according to the permit application. The residential portion of the tower will house 160 condo units. A synagogue will be located on the first and second floors. The building’s amenities will include a pool and spa, and there will be 6,000 square feet of ground-floor retail.

Extell paid $45 million for the former home of Congregation Habonim at 44 West 66th Street in December 2014, as The Real Deal reported. The Gary Barnett-led development firm then partnered with Sam Sidhu’s Megalith, which shelled out $85 million for a three-building parcel at 36-40 West 66th Street next to the synagogue. (The deal was so complex that it won third place in the Real Estate Board of New York’s annual Ingenious Deal awards.) Habonim, which temporarily relocated to West End Avenue, will occupy 18,000 square feet on the first and second floors of the Extell-Megalith tower.

SLCE is the architect of record.

Extell, developer of ultra-luxury condos at One57, is the most prolific condo developer in Manhattan, according to a TRDanalysis. It filed plans for three projects and 1,907 units between Sept. 1, 2012 and Aug. 31, 2015. Megalith, which moved its headquarters to New York from Philadelphia two years ago, has about 1 million square feet in development, including a 105-unit rental building in Dumbo, as well as a 15-unit condo project there.
===================
http://therealdeal.com/blog/2015/11/....UnCl11Sg.dpuf
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  #5  
Old Posted Apr 30, 2016, 4:40 PM
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The Upper West Side Readies For Two Synagogue-Replacing Condo Skyscrapers





Quote:
The Upper West Side has proven to be one of the most difficult areas to build, with a growing amount of land area contained in historic districts and much of the remainder constrained by tight zoning regulations. Over the years, its protective residents have been involved in the city’s most memorable development battles: fighting tooth and nail to reduce the scale of the Riverside South master plan; lessen shadows caused by the redevelopment of the New York Coliseum site (Time Warner Center); and more recently spearheading the downzoning of a 51-block swath of Broadway due to grievances caused by Extell’s Ariel East and West towers.

For the most part, the defensive strategy has allowed the neighborhood to retain much of its pre-war charms and human-scaled side streets. However, along its southern edge, where the buildings around Lincoln Center scale upwards to Midtown, zoning allowances are more generous. Two as-of-right towers are sure to ruffle some preservationists’ feathers and are poised to be the neighborhood’s biggest yet.

In 2014, the commercial-centric developers at SJP Properties purchased the former Lincoln Square Synagogue building at 200-208 Amsterdam Avenue for $275 million. The site is on axis to West 69th Street, and its small lot beside the urban renewal drabness of Lincoln Towers can accommodate nearly 400,000 square feet of floor area.

Late last year, The Real Deal reported that the Steven Pozycki-led company along with Mitsui Fudosan America planned to erect a 51-story, 112-unit condo tower “catering to New Yorkers and families from the suburbs looking to downsize and move into the city.” The tower will be among the tallest residential buildings on the Upper West Side, and its higher levels are sure to capture views of Central Park and the Hudson River. Building permits have yet to be filed, and no word on who the selected designers are, but SJP president Allen Goldman told TRD that the building will be “highly contextual with the architecture of the Upper West Side.”

Last month, the Observer reported that Japanese lender Sumitomo Mitsui Trust Bank provided a $160 million mortgage for the project, and as a sign that demolition/construction is nearing, a set of permits was recently filed, calling for scaffolding and a construction shed to be erected around the travertine-clad structure. The doomed building designed by the firm of Hausman & Rosemberg presents an exuberant, pin-wheel form and was finished in 1970. The congregation vacated the structure in 2013, moving a few doors down to a new home designed by Cetra/Ruddy Architects.

Three avenues east, at 36-44 West 66th Street between Columbus Avenue and Central Park West, Extell Development and Megalith Capital have assembled a large development plot with rumors circulating of a possible super tower rising as high as 80 stories. In line with Extell’s tight-lipped nature pertaining to their real estate ventures, no official details on the project have yet to be released.

What we do know is that in 2014, Megalith purchased three offices buildings owned by the Walt Disney Company for $85 million. In July, TRD reported that Extell purchased the adjacent lot, home to the synagogue of Congregation Habonim for $45 million, where they plan to build a soaring condo tower along with Megalith from the combined 15,000 square foot footprint.

Preliminary new building permits were filed in November under the LLC Megalith Urban Park and list SLCE as the architects of record. The permits detail a 25-story, 185,000-square-foot residential tower with a home for Congregation Habonim at its base. The scope of the project could be increased with the purchase of up to 130,000 square feet of development rights available from the landmarked First Battery Armory next door, and 68,000 square feet available from the Jewish Guild Healthcare building behind the site at 15 West 66th Street.

There’s an indication that developers may purchase the Jewish Guild building outright and demolish it. Two permits were filed last month by Exell/Megalith’s architect, SLCE and another by la and surveying and engineering company. Also, last month The Observer reported that GuildNet, a major tenant of the building, will be relocating to Midtown.

Last year the team completed demolition of the parcel’s low-rise structures, and currently an army of earthmovers are mobilized at the site ready to capture an unknown amount of air space. To seize the coveted Central Park views as the developer’s “Urban Park LLC” alludes to, the tower must rise at least 300 feet high to eclipse the rooflines of The Europa condo and the Park Ten co-op.
==========================
6sqft
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  #6  
Old Posted Apr 30, 2016, 4:49 PM
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Quote:
Three avenues east, at 36-44 West 66th Street between Columbus Avenue and Central Park West, Extell Development and Megalith Capital have assembled a large development plot with rumors circulating of a possible super tower rising as high as 80 stories.

In line with Extell’s tight-lipped nature pertaining to their real estate ventures, no official details on the project have yet to be released.

Extell: "Tower? What tower?"
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Old Posted Apr 30, 2016, 6:08 PM
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Quote:
Originally Posted by NYguy View Post
Extell: "Tower? What tower?"
IF Extell plans an 80 floor tower at that site, you won't here a thing from them. The UWS is infested with wealthy NIMBYs.

Good thing Extell is smart, knows how to transfer development rights, and basically only does as-of-right development, so the NIMBY whining is usually irrelevant.
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Old Posted Feb 1, 2017, 9:05 PM
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See First Rendering of Extell Development's Forthcoming Upper West Side Tower
February 1, 2017
Quote:
Gary Barnett’s Extell Development Company is busy constructing three new neck-wrenching condo towers in Manhattan: One Manhattan Square, The Kent, and the city’s future tallest condo, Central Park Tower. Best known as the developers of the “Billionaire Building”, the firm has several other high-profile, albeit more mysterious prospects in the works -- such as a large mixed-use building planned for Fifth Avenue and 47th Street and a residential tower planned near Central Park at 36-44 West 66th Street. Now, we’ve uncovered the first rendering of the latter Upper West Side venture Extell is partnering with Megalith Capital Management to build.




More INFO in the post here.
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  #9  
Old Posted Feb 1, 2017, 11:08 PM
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Well...that's...mediocre.
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Old Posted Feb 1, 2017, 11:14 PM
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That tall massing ghost to this boring stump?

Sayonara boner.
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Old Posted Feb 2, 2017, 12:55 AM
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Disappointing given the proximity to columbus circle and central Park.
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Old Posted Feb 2, 2017, 1:17 AM
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Originally Posted by Design-mind View Post
Disappointing given the proximity to columbus circle and central Park.
Yep. The problem is that this property is in the Lincoln Square Special District, which has strict height and setback rules. I had no idea this was part of the Special District.

If it were just "normal" NYC zoning, we would probably get a supertall, given the location. This is one of the best development sites on the planet. Instead we get a banal building that won't even have park views.

But still, I expect an A+ building, given the location. They better use top-notch materials. These will be mega-pricey apartments, in the tens of millions.
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Old Posted Feb 2, 2017, 1:42 AM
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meh.
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Old Posted Feb 16, 2017, 2:25 AM
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Took this from DOB diagram for this project.

Address to type in is 36 WEST 66 STREET. Not what the title saids currently being: 44 W. 66th Street.



Zoomed into the height.



With that said, the title should be: NEW YORK | 36 West 66 Street | 292 FT | 25 FLOORS
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Old Posted Nov 27, 2017, 12:20 PM
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https://www.wallpaper.com/architectu...st-66th-Street

Chiseled features: Snøhetta unveils new tower in Manhattan

27 NOV 2017
BY ELLIE STATHAKI


Quote:
Snøhetta has already made its mark in New York City, with prominent projects, such as the National September 11 Memorial Museum Pavilion and Slack’s offices in Lower Manhattan reaching completion in the past couple of years, and more, such as the reimagining of Philip Johnson’s mixed use 550 Madison Avenue, currently on the drawing boards.

A striking new residential tower at 50 West 66th Street is the latest on their list of high profile work at the Big Apple to be revealed – created, this time, for Extell Development Company. The project, a set of residences sat on a mixed use podium, is situated in Manhattan’s prestigious Upper West Side, with neighbours of the likes of Columbia University and the Lincoln Centre.

The architects opted for a building structure made up from a tower’s traditional elements – a base, a tall main body and a crown at the top – as a reference to the city’s rich legacy in high rises. Yet, there is a modern twist. The volume features cleverly chamfered corners, both at the top and the base of the podium, which soften its overall effect, articulating a refined silhouette, as the bulk of the tower is skilfully carved away.

Aiming to embrace the area’s architectural character, Snøhetta has worked with a material palette that reflects that of the surrounding urban realm. Hand-set and textured limestone, with bronze and glass storefronts feature on the tower’s lower levels. Two different entrances, one on the north side for the residences, and another on the 65th street’s side, which leads to a synagogue at the building’s base, highlight the structure’s mixed use nature.

A large terrace is formed at the top of the podium on the 16th level, as the building becomes slimmer and the residences are set back from the plot line. This stepped, planted outdoor space is part of the tower’s lush shared amenity spaces and offers wide views of the city, the Hudson River and Central Park. The high-rise’s slim form is topped by a chiselled crown, which is sure to make its mark within New York’s iconic skyline.
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Old Posted Nov 27, 2017, 12:22 PM
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From the link above...














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Old Posted Nov 27, 2017, 12:49 PM
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The initial building permits (292 ft., 25 floors), were obviously just for the partial southern lot. The two adjacent lots have apparently been combined.

So how tall is this? 600-700 ft?
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Old Posted Nov 27, 2017, 1:04 PM
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Originally Posted by Crawford View Post
So how tall is this? 600-700 ft?
That's my estimate.

This would have made for a better Central Park Tower.
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Old Posted Nov 27, 2017, 2:37 PM
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Oh damnit yes
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Old Posted Nov 27, 2017, 6:58 PM
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This tower will be 775 ft., with 127 units. Could mods change?

Source-
https://www.archdaily.com/884425/sno...pper-west-side
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