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Old Posted Nov 3, 2008, 11:39 PM
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http://www.observer.com/2008/real-es...-early-dissent

Extell Steaming Ahead on Giant 'Riverside Center' Amid Early Dissent

by Eliot Brown
October 31, 2008

Gary Barnett and his Extell Development Co. are plowing forward with their plans for five new glass towers at the base of the Riverside South mega-development on the Upper West Side, and the company now says it plans to kick off early public review in December.

The plan, presented at an Upper West Side community meeting last night by Mr. Barnett himself, calls for four residential towers and one mixed-use tower totaling 3.1 million square feet on an eight-acre site between 59th and 61st streets along the West Side Highway.

Already, if last night's meeting is any guide, there are many unpleased Upper West Side residents. While the elected officials seem mostly concerned about density, the level of affordable housing and the inclusion of a school, many in attendance were a bit more eager to see the plan ditched entirely.

A sampling of the dissidents' denigrations: "The developer is putting lipstick on a pig;" the plan is "a crushing, greedy project;" residents were "aghast" when the plans were revealed; a woman declared, "I just don't see why we should be seeing any new units on the Upper West Side," at all; and one group said Extell should scale back their plans by 700,000 square feet, and they would still make between $2.2 billion and $3.8 billion in profit.

Mr. Barnett, the former diamond trader who rocketed into the top ranks of the city's development scene this (now) past boom cycle, sat slouched in a chair in the corner of the St. Jude Children's Hospital conference room as he watched each speaker give their two cents, staying mum after his opening remarks. Joining him was a healthy parade of consultants, including his two land-use lawyer teams (Kramer Levin AND Bryan Cave), two other lobbyists (George Arzt and Brenda Levin), and a set of architects.

Extell has been meeting from time to time with the community, and recently backed off its proposal to build a big box store, perhaps a Costco, at the site, after it became a bit of a controversy magnet.

Some details of Extell's Christian de Portzamparc-designed project, being called "Riverside Center" [ Much more on the project here, a feature we did in September on the history and new plans]:

-Five proposed glass towers including a 53-story residential tower on the northwest corner; a 42-story residential tower on the northeast corner; a 39-story mixed-use tower on the southeast corner; a 35-story residential tower on the south; and a 50-story tower on the southwest corner.

-3.2 acres of open space on the 8.2-acre site

-Office, retail and hotel totaling about 400,000 square feet, including a possible cinema

-The street grid would be restored to part of the superblock, and 60th Street would run about halfway through from the east. It would continue along to the development's western edge, not as a street, but as a "scrim of water," lined by trees.

-Everything to be built by 2018

-1,800 parking spaces

-Extell may want an auto showroom of 168,000 square feet

The displeasure on the part of some stems from the history surrounding the site, which is part of the larger 75-acre Riverside South development originally started by Donald Trump. Back in 1992, after a long battle, the site was rezoned with the consent of many of the local elected officials at the time, with a "restrictive declaration" that clearly spelled out a plan for all of Riverside South. At the parcel in question, Mr. Trump envisioned a 150-story world headquarters for NBC (these days NBC's aims are a bit more modest ... they've considered taking a few floors in 7 World Trade Center or Worldwide Plaza).

With no market for them, Mr. Barnett doesn't want to build television studios, so instead he wants to change the restrictive declaration and build a residential complex. But while you're fiddling with one thing, why not change a whole bunch of stuff, right? Accordingly, Extell wants to boost the density by about 700,000 square feet and add parking. Notably, Rob Pirani, a planner at the Regional Plan Association, said the group was against changing the restrictive declaration, as was the Riverside South Planning Corporation, which brokered the final compromise plan in the Trump days.

The project is still in its very early stages of review. In December, Extell expects to start the "scoping," a seemingly inane step that allows lengthy public comment on what the draft environmental impact statement should contain. That clears the way for the project, some months later, to go through the city's seven-month approval process for a rezoning, which will be the last major hurdle.
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Old Posted Nov 4, 2008, 1:34 AM
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i'm surprised they are still proposing such massive projects in the current market. i'll be nice and take it as a sign of optimism, but we shall see.
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Old Posted Nov 4, 2008, 2:19 AM
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Proposals for that parcel of land goes back at least 2 decades.
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Old Posted Nov 4, 2008, 3:20 AM
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Updated On 11/03/08 at 11:09AM

Trump accuses Extell, others of fraud


Donald Trump

By Adam Pincus

Real estate mogul Donald Trump is accusing the Extell Development Company and the private equity firm the Carlyle Group of orchestrating an unlawful purchase of his 77-acre site on the Upper West Side.

Trump filed papers in Manhattan State Supreme Court last week, and in vaguely-worded language he accuses Extell and Carlyle of being involved in the wiring of money to illegally influence his partner the Cheng Group in the sale of the Upper West Side parcel in 2005.

The court documents -- which were filed October 28 just days before Extell revealed updated plans for the site, dubbed Riverside South -- accuse Extell, Carlyle and others of setting up a $16.5 million payment to influence the $1.76 billion purchase of the property.

While the court papers do not identify who sent the money or who received it, they suggest the money was used to illegally influence the Cheng Group in connection with the sale.

This is Trump's third legal challenge to the $1.76 billion purchase by Extell and the Carlyle Group of the former Penn Central rail yards. The parcel extends from 59th Street to 72nd Street east of the West Side Highway.

In August 2005, before the November 3 sale was finalized, Trump sued for $1 billion in a 20-count complaint, claiming the Cheng Group -- which owned a controlling 70 percent interest in the 77-acre parcel while Trump owned 30 percent -- sold the property for approximately $1 billion less than what it could have obtained. Trump filed a similar complaint in federal court in 2005, but withdrew it the same year.

Most of the 2005 complaint was thrown out, allowing the sale to progress. Of the 20 counts, just one is still pending. The remaining item would give Trump the right to review Cheng Group records related to the sale.

Trump's latest filings -- which are referred to as a summons and notice on court papers -- says Extell and Carlyle conspired against him through a wire transfer in late 2005. But the papers do not specify who made the transfer and who received it. They simply say the transfer was in the amount of "$16.5 million to the BNP Paribas Bank of London for the purpose of obtaining an unlawful advantage with respect to the purchase" of the Riverside South property.

The court papers further accuse the defendants of causing fiduciary fraud and interfering in contracts, which is known as tortious interference. The documents were filed a week before the three-year statute of limitations for a breach of fiduciary duty claim expires. It was likely done to preserve the right to pursue a legal claim, said Terrence Oved of Oved and Oved, who is not involved in the case.

The Trump Organization and the Carlyle Group declined to comment. Extell did not respond to a request for comment, and the Cheng Group could not be reached for comment.

Extell presented plans Thursday night for four residential and one mixed-use building on an eight-acre site between 59th and 61st streets, the Observer reported.
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Old Posted Nov 4, 2008, 1:18 PM
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Originally Posted by StatenIslander237 View Post
i'm surprised they are still proposing such massive projects in the current market. i'll be nice and take it as a sign of optimism, but we shall see.
Well, this isn't a new proposal, and it has a 2018 completion date. It'll be built out like everything else in the area, a tower at a time.

Quote:
The project is still in its very early stages of review. In December, Extell expects to start the "scoping," a seemingly inane step that allows lengthy public comment on what the draft environmental impact statement should contain. That clears the way for the project, some months later, to go through the city's seven-month approval process for a rezoning, which will be the last major hurdle.
It won't be starting anytime soon.
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Old Posted Nov 26, 2008, 10:10 AM
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http://www.observer.com/2008/real-es...verside-center

Now Showing! Extell’s Portzamparc-Designed Riverside Center



by Eliot Brown
November 25, 2008

Long in the planning stages, Gary Barnett and his Extell Development Co. have finally let loose images of Riverside Center, their planned 3.3 million-square-foot mostly residential complex at the base of the West Side development once known as Trump City. The Department of City Planning put on its Web site today an environmental review document for the project, a draft scope, which outlined the specifics of what Extell wants to put on the site, currently a series of parking lots.

The plan calls for five buildings, designed by Pritzker-winning Christian de Portzamparc, each a skinny tower that would run east-west on the two-block superblock.

In all, the complex would have 2.75 million square feet of residential, 209,000 square feet of retail, and 239,000 square feet of hotel space, along with a few other uses.

The plan will ultimately need approval of the City Council and City Planning Commission, and there certainly is some strong resistance so far among West Side residents and elected officials. Extell is reopening a development agreement from the 1990s crafted after a multi-year battle between the site owner at the time, Donald Trump, and a set of civic groups and elected officials.

Mr. Barnett says the zoning, which was intended for a 150-story NBC world headquarters tower, is no longer relevant, and thus he wants to change it to residential.
However, he also wants to increase the amount of density he can build on the site by about 700,000 square feet, an ambitious request that will likely be strongly contested.

In any event, the scoping document is an early first step in the public approval process. A hearing on the document is slated for Jan. 8. The formal seven-month approval process typically begins several months after that.


More images from the scope:

The view from the Hudson



Looking from Jersey



Looking from overhead:


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  #7  
Old Posted Nov 26, 2008, 11:29 AM
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I go to Fordham LC, and I can definitely speak for the area--it's nice, but you wouldn't want to go west of 10th at night. The Amsterdam Projects really are a blight on the entire neighborhood--not really a problem to others, but they make the immediate surrounding area kind of terrible. "Lincoln Square" (that's what they're calling the lower UWS these days, right?) is one of the most upscale neighborhoods in the entire city, but without those projects I'm guessing it would be #1.
     
     
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Old Posted Nov 26, 2008, 11:57 AM
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By the way--do you know what's getting built next to 3 Lincoln Center Condominium? I can't find a thread for it or info anywhere--guessing it's a condo tower, but not sure how tall it's going to be (right now it's in the 15-20 story range).
     
     
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Old Posted Nov 26, 2008, 1:16 PM
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Quote:
Originally Posted by babybackribs2314 View Post
By the way--do you know what's getting built next to 3 Lincoln Center Condominium? I can't find a thread for it or info anywhere--guessing it's a condo tower, but not sure how tall it's going to be (right now it's in the 15-20 story range).
I'm assuming you're right. There are so many residential towers going up around the city, I know relatively little of what's going on.
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Old Posted Nov 27, 2008, 2:16 AM
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WHOA! thats far bigger than i thought. im afraid its going to be chopped down to nothing like Solow's Con Ed side on the East Side
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Old Posted Nov 27, 2008, 2:43 AM
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Great location in the skyline, lots of cool contrasting old buildings around.
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Old Posted Nov 27, 2008, 3:08 AM
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From the draft scope:

Building 1.
Building 1 would be located at the northwest corner of the site on West 61st Street near Riverside Boulevard (see Figures 3 and 5). Building 1 is expected to be approximately 594 feet (approximately 53 stories) at its highest point. The building is expected to include approximately 84,700 gsf of retail on the ground and second floors, and approximately 909,350 gsf of residential use on its upper levels. A vehicular drop-off area would be located facing West
61st Street.

Building 2.
Building 2 would also be located on West 61st Street, east of Building 1 (see
Figures 3 and 5). This structure is expected to be approximately 492 feet tall (approximately 42 stories) and is expected to include approximately 28,900 gsf of retail on the ground floor, up to approximately 97,000 gsf for a community facility use, anticipated to be a public elementary school, and approximately 529,850 gsf of residential use on its upper levels.
It is anticipated that the community facility space in Building 2 would be used for a public elementary school, subject to the approvals and requirements of the New York City Department of Education and New York City School Construction Authority. In the event that approvals are not obtained for a public school, it is anticipated that some or all of the space would be used for another community facility. Therefore, as described in more detail below, two scenarios will be considered for analysis in the SEIS—one scenario assuming the community facility space as a public elementary school and another assuming that some or all of the space would be would be used for another community facility.

Building 3.
Building 3 would be located at the southwest corner of the site, on West 59th Street near Riverside Boulevard (see Figures 3 and 5). The building is expected to be approximately 560 feet tall (approximately 50 stories) at its highest point. It is expected to include approximately 9,600 gsf of retail on the lowest two levels, and approximately 578,500 gsf of residential use above. A vehicular drop-off area serving Buildings 3 and 4 is expected to be
located facing Freedom Place South.

Building 4.
Building 4 would be located east of Building 3 along West 59th Street (see Figures 3 and 5). This building is expected to be approximately 415 feet in height (approximately 35 stories), and is expected to include approximately 10,550 gsf of retail on the lowest two levels and approximately 366,200 gsf of residential use above.

Building 5.
Building 5 would be located at the southeast corner of the site, with frontage on West End Avenue, Freedom Place South, and West 59th and 60th Streets (see Figures 3 and 5). This multi-use building is expected to be approximately 451 feet tall (approximately 39 stories) at its highest point. The building is expected to include approximately 75,450 gsf of retail on the ground, second and third levels (including 44,550 gsf of cinema use with 1,120 seats on the third level), an approximately 239,950 gsf hotel (with approximately 230-250 rooms), and approximately 363,700 gsf of residential use on the upper levels. A vehicular drop-off area is expected to be located facing Freedom Place South.

Two alternate scenarios for Building 5 are also being considered. Both would include the same gsf of retail use as described above. For the first alternate scenario, instead of a mix of both hoteland residential, this scenario would utilize the remaining 603,650 gsf as hotel use only. The second alternate scenario would utilize the remaining 603,650 gsf as residential use only.
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Old Posted Nov 27, 2008, 3:59 AM
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1.


2.


3.


4.


5.


6.


7.

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Old Posted Nov 27, 2008, 4:09 AM
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Quote:
Originally Posted by Austin55 View Post
Great location in the skyline, lots of cool contrasting old buildings around.
Most of those buildings aren't really old, they were just designed that way, but it is a nice change.









Some recent additions...




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Old Posted Nov 27, 2008, 6:40 AM
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Most of those buildings aren't really old, they were just designed that way, but it is a nice change.
Yeah, Trump wanted to design his own version of Central Park West, and so he did. Too bad it's way more homogeneous than CPW.

Is there any progress on the relocation of the West Side Highway? That elevated highway is really ugly. Maybe this is one instance where NIMBYism might come in handy.
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Old Posted Nov 27, 2008, 6:50 AM
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Is there any progress on the relocation of the West Side Highway? That elevated highway is really ugly. Maybe this is one instance where NIMBYism might come in handy.
I had no idea that was even in the works. How fantastic. Any more details?
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Old Posted Nov 27, 2008, 7:53 AM
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Originally Posted by ardecila View Post
Yeah, Trump wanted to design his own version of Central Park West, and so he did. Too bad it's way more homogeneous than CPW.

Is there any progress on the relocation of the West Side Highway? That elevated highway is really ugly. Maybe this is one instance where NIMBYism might come in handy.
The entire scenario brings back bad memories for me. I remember I was really looking forward to the Television City propsal (in all its forms), and even used to get photos and information from the Trump Organization about the project. They were very pleased with the press and community support they got for what was the Riverside South development, but my own excitement was sapped with the elimination of the world's tallest building proposal. I had held out hope that eventually something as grand would rise on this site, but I guess the Riverside Center proposal will have to do. And that's fine considering all of the other proposals accross the city.

As far as that highway goes, I though it was decided that there was no money for a relocation (sort of a bait and switch), but I could be wrong.
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Old Posted Nov 27, 2008, 7:57 AM
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A recap of the world's tallest proposals for the site.
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Old Posted Nov 27, 2008, 7:35 PM
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This proposal would give an even bigger boost to the Far West Side.
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Old Posted Dec 1, 2008, 9:47 PM
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It reminds me of Jean Nouval's "Green blade" tower for Century City.
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