NEW YORK | 8 Carlisle (111 Washington) | 820 FT | 64 FLOORS - Page 4

NYguy · #1 Posted **Dec 18, 2015, 2:17 AM**

^ Looks like the same conceptual rendering from when the site went on sale. I wouldn't count on that being built exactly. But it will most likely be a similar box.

hunser · #2 Posted **Dec 18, 2015, 12:57 PM**

Do we have any height info about this project? Should be in the 600 - 700ft range.

Antares41 · #3 Posted **Dec 14, 2014, 12:50 AM**

Maybe it should be 309m and 51 stories. That seems to be the general trend of residential buildings; wishful thinking!

JayPro · #4 Posted **Dec 16, 2014, 12:27 AM**

Just for shiggles, I'm more than a bit puzzled as to how or even why such evidently inaccurate figures/extrapolations could skirt the notice of more than one person in the loop....
I mean...not one person yelled "stop the presses" (as it were) and asked even rhetorically how one could possibly fit so many floors into so many feet?
IMO Lackadaisical proofreading of one's data, most especially as something as simple and pithy to research to begin with as this, is a rather piss-poor defense against the excuse that a simple error was made.
Rant over....

NYguy · #5 Posted **Dec 16, 2014, 11:49 PM**

Quote:

Originally Posted by JayPro

Just for shiggles, I'm more than a bit puzzled as to how or even why such evidently inaccurate figures/extrapolations could skirt the notice of more than one person in the loop....

Read my post above, there are often times when the filing is not actually what is ultimately intended, though in other cases it's not always as obvious. Ultimately though, it will be modified. Initial permits are sometimes just to get the process started.

From current building permits:

Quote:

30 Hudson Yards

Building Height (ft.): 680
Building Stories: 68

55 Hudson Yards

Building Height (ft.): 364
Building Stories: 17

scalziand · #6 Posted **Dec 16, 2014, 4:22 AM**

I think someone got lysdexic and transposed 603ft as 306ft. Small error in that case.

SD_Phil · #7 Posted **Dec 17, 2014, 2:59 AM**

Thanks NYGuy, that clarifies a lot!

Gantz · #8 Posted **Dec 18, 2014, 6:55 PM**

You guys are obviously wrong. This building is obviously targeting hobbits as their main tenant.

sparkling · #9 Posted **Aug 21, 2015, 3:25 PM**

Has one of Lower Manhattan’s most exciting new real estate projects been called off?

Katherine Clarke
Friday, August 21, 2015

Quote:

It appears one of the most significant new real estate developments slated for downtown Manahattan may be still very much up in the air.

Developer Pink Stone Capital has put a large development site at 111 Washington St. near the World Trade Center site back on the market, just eight months after it filed plans to build a massive 51-story tower with 429 apartments and gleaming retail space there, the Daily News has learned.

Listing broker Bob Knakal of Cushman & Wakefield didn’t immediately respond to a request for comment on the offering but sources said the site, which can support a massive development of up to 340,500 square feet, could go for as much as $300 million.

If it sells for that price, it would be one of the most expensive land sales ever in Lower Manhattan.

It wasn’t clear if Pink Stone had entirely scrapped its own plans for the site, which called for a tower designed by Gary Handel.

A spokesperson for the company did not immediately return a request for comment.

But a sale would represent a serious windfall for the developer, which took control of the site for significantly less in 2011, after the previously owner defaulted on his mortgage payments. The company paid a comparatively paltry $57.5 million at the time, records show.

gttx · #10 Posted **Aug 21, 2015, 4:58 PM**

Quote:

Originally Posted by sparkling

Has one of Lower Manhattan’s most exciting new real estate projects been called off?

Katherine Clarke
Friday, August 21, 2015

Why even bother building something if you could walk off tomorrow with $240 million in profits?

The up side (for us) is that a $300 million land purchase means we will likely see something nice happen here, eventually.

Crawford · #11 Posted **Aug 21, 2015, 5:47 PM**

Great news.

I was always wondering why they were planning a generic rental tower in a neighborhood more fit for superluxury condos.

Hopefully the new developers will build something very tall and skinny, which will be much more in tune with the neighborhood. A supertall condo would fit perfectly.

baseball1992 · #12 Posted **Aug 21, 2015, 5:55 PM**

The higher this sells for the better since it will force the buyer to go big in order to recoup losses.

Hypothalamus · #13 Posted **Aug 21, 2015, 6:41 PM**

That's one hell of a return (and then some

) for Pink Stone. I wonder who's willing to step in now.

chris08876 · #14 Posted **Aug 21, 2015, 8:40 PM**

Quote:

Originally Posted by Hypothalamus

That's one hell of a return (and then some

) for Pink Stone. I wonder who's willing to step in now.

Slim "Barnett" Shady and his posse, SHoP?

Well, that would be nice because a super-tall is presumed.

If Peter Poon or Kaufman design this site in the future, then all is lost.

Lets hope a good architect group get chosen, and a developer with a fetish for height gets in.

wilfredo267 · #15 Posted **Aug 22, 2015, 1:27 AM**

Quote:

Originally Posted by chris08876

Slim "Barnett" Shady and his posse, SHoP?

Well, that would be nice because a super-tall is presumed.

If Peter Poon or Kaufman design this site in the future, then all is lost.

Lets hope a good architect group get chosen, and a developer with a fetish for height gets in.

l seriously doubt that whoever spends 300 million will hire those hacks.

chris08876 · #16 Posted **Dec 18, 2015, 1:37 AM**

Credit: robertwalpole

Busy Bee · #17 Posted **Aug 21, 2015, 9:13 PM**

When was this tower one of Lower Manhattans most exciting real estate projects anyway? Snooze.

Hudson11 · #18 Posted **Jan 9, 2021, 1:07 AM**

this site has been on the market forever, I guess they just hired a new marketing firm.

NYguy · #19 Posted **Sep 23, 2021, 1:28 PM**

https://rebusinessonline.com/?p=300901

Grubb Properties to Develop 50-Story Affordable Housing Building in Manhattan’s Financial District

September 23, 2021
by Taylor Williams

Quote:

Charlotte, N.C.-based Grubb Properties will develop 8 Carlisle, a 50-story apartment building that will be located in Manhattan’s Financial District. Grubb Properties acquired the site from New York-based Pink Stone Capital Group, which purchased it in 2011 and helped assemble the air rights and construction permits as Grubb’s development service partner.

In addition to 22,000 square feet of retail space, the property will feature 400 units that will be operated under Grubb’s Link brand, which provides housing geared to renters earning between 60 and 140 percent of area median income (AMI). A construction timeline has not yet been finalized.

JMKeynes · #20 Posted **Sep 23, 2021, 1:32 PM**

Quote:

Originally Posted by NYguy

https://rebusinessonline.com/?p=300901

Grubb Properties to Develop 50-Story Affordable Housing Building in Manhattan’s Financial District

September 23, 2021
by Taylor Williams

This potentially sucks. First, this is a relatively prominent site, and yet, "affordable housing" virtually ensures a cheap and uninspired design. Second, who the hell is Grubb?

Lastly, why do poor people think that they have the right to live in Manhattan? They should gentrify the Bronx. I'd like to live in Palm Beach or Park Avenue, but I accept that I don't have $20m and can't afford it.