NEW YORK | One Vanderbilt | 1,401 FT | 58 FLOORS - Page 211

NYguy · #**4201** Posted **Mar 30, 2020, 4:07 PM**

https://nypost.com/2020/03/29/corona...evelopers-say/

Coronavirus pandemic won’t upend key NYC projects, developers say

By Steve Cuozzo
March 29, 2020

Quote:

Big Apple developers will be sweating out the open-ended statewide construction halt ordered by Gov. Andrew Cuomo last week, but are optimistic the crisis will end soon enough to save their projects and investments.

The overdue shutdown to protect thousands of construction workers from contracting the coronavirus puts into limbo some 25 million square feet of office space and 5,000 apartments in the five boroughs that are in various phases of construction.

Quote:

Some companies acted swiftly. Howard Hughes Corp. shut down work on the Seaport’s Tin Building and Pier 17 early last week before the state mandate.

Other stymied projects range from nearly finished ones such as Lightstone’s 130 William St. condo tower to others still at the foundation level, including Boston Properties’ and Joseph Moinian’s 3 Hudson Boulevard office tower.

Additional sites falling silent include Related Cos’ 50 Hudson Yards, Tishman Speyer’s Spiral, SL Green’s One Vanderbilt and the Durst Organization’s Queens Plaza Park — a 67-story rental apartment tower — in Long Island City.

Douglas Durst told The Post of the overall situation: “Once the construction stoppage is lifted, projects will get going pretty quickly. The financing is in place and this stoppage doesn’t screw it up.” Durst previously said leasing at Queens Plaza Park was to start in 2021.

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Several developers’ reps emphasized that any visible, ongoing work is to secure sites to protect the public and the properties during the shutdown.

At One Vanderbilt, work can proceed on ground and below-ground work as part of SL Green’s $200 million investment in new subway station links — but not on the tower itself, which was scheduled to open later in 2020.

NYguy · #**4202** Posted **Mar 30, 2020, 10:50 PM**

https://www.gettyimages.com/detail/n...?adppopup=true

NYguy · #**4203** Posted **Mar 31, 2020, 9:04 PM**

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NYguy · #**4204** Posted **Apr 1, 2020, 2:36 PM**

https://www.instagram.com/p/B-aA_zDH-kX/

https://www.instagram.com/p/B-arZ7lDHeI/

NYguy · #**4205** Posted **Apr 2, 2020, 4:32 PM**

https://www.instagram.com/p/B-dXYYjF-Gu/

https://www.instagram.com/p/B-b5BU2jY3v/

NYguy · #**4206** Posted **Apr 3, 2020, 1:50 PM**

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https://www.instagram.com/p/B-hOPUApw-C/

NYguy · #**4207** Posted **Apr 3, 2020, 8:49 PM**

https://therealdeal.com/2020/04/03/s...struction-ban/

Some luxury condos, office towers escape construction ban
200 Amsterdam, One Vanderbilt among sites deemed essential

April 03, 2020
By Kathryn Brenzel

Quote:

Certain work on SJP Properties and Mitsui Fudosan America’s 200 Amsterdam Avenue — which faces potential deconstruction after a judge ruled the 668-foot tower was about 20 stories too high — is allowed to continue after the city granted the project essential status.

SJP’s tower is one of 402 projects to receive essential status to do “emergency” work. “The majority of site safety work for 200 Amsterdam will be completed today,” a spokesperson for the developers said. According to the Department of Buildings, workers at the site are pumping water out of elevator pits to prevent electrical damage.

Other notable projects that can remain active for that reason include SL Green’s Midtown East office tower One Vanderbilt and Tishman Speyer’s twisting office tower at 66 Hudson Boulevard, known as the Spiral.

A representative for SL Green indicated that it received approval to continue work on “transit-related spaces and base building life-safety systems” at One Vanderbilt. A statement from Tishman Speyer said, “Construction work on The Spiral has stopped. We are in the final stages of securing the site and completing all of the tasks mandated by the DOB for stalled projects.”