NEW YORK | 70 Pine St (American International) | 952 FT / 290 M | 66 FLOORS | 1932 - Page 6

hunser · #**101** Posted **Mar 13, 2012, 7:58 AM**

~ day 158 ~ von Leah / euroswiss2003 auf Flickr

Tyler Xyroadia · #**102** Posted **Mar 13, 2012, 12:34 PM**

What is the modern tower right ot the Left of it?
It is built modern, but seems to have an older stlye to it with the "pillars' and that wonderful roof top.

SkyscrapersOfNewYork · #**103** Posted **Mar 13, 2012, 3:58 PM**

Quote:

Originally Posted by Tyler Xyroadia

What is the modern tower right ot the Left of it?
It is built modern, but seems to have an older stlye to it with the "pillars' and that wonderful roof top.

60 Wall st.

wrab · #**104** Posted **Mar 13, 2012, 4:10 PM**

The observation room would make the ultimate Manhattan studio/aerie/crib:

Link

wrab · #**105** Posted **Mar 13, 2012, 4:16 PM**

The New York Times
Streetscapes
By CHRISTOPHER GRAY
70 Pine Street; An Art Deco Tower With Double-Deck Elevators
Published March 8, 1998

THE American International Group is completing a multiyear restoration of the elevators in its 1932 skyscraper, at 70 Pine Street in downtown Manhattan. The cabs are dazzling, in the Art Deco style of the spectacular marble lobby. It seems unlikely anyone will notice, but the most unusual element is missing. Although they are now run conventionally, the originals were the first double-deck elevators.....

Read complete NYT article here

NYguy · #**106** Posted **Mar 23, 2012, 9:05 PM**

http://ny.curbed.com/archives/2012/0...l_building.php

Meet NYC's Latest Contender for Tallest Residential Building

March 23, 2012
by Sara Polsky

Quote:

There's a brief window of time before rising One57 eclipses New York by Gehry as the tallest residential building in the city. Into that gap steps Metro Loft Management, hoping to claim a moment of glory with its conversion of the Art Deco building at 70 Pine Street into rentals. The plan is to open the conversion by next summer, giving the 950-foot building a few months of lording it over New York by Gehry before One57 takes the prize. So what can we expect out of 70 Pine's rental conversion other than tallness?

There are two possibilities, the Times reports. The building—previously slated for a condo conversion—could become a 300-room hotel with 700 apartments above. Or the whole thing could just go rental, with a total of around 970 apartments. Metro Loft will decide between the options once interior demolition has started, sometime within the next month.

Dac150 · #**107** Posted **Mar 24, 2012, 3:47 PM**

The history combined with the location will make this a real winner - I'd definitely buy here over one of its more modern competitors.

Now that the exterior cannot be tampered with, I feel much better about this . . .

NYguy · #**108** Posted **Nov 21, 2012, 4:29 PM**

http://blog.archpaper.com/wordpress/archives/50427

Deborah Berke Designing 700 Residences in Lower Manhattan Art-Deco Skyscraper

November 21, 2012
Branden Klayko

Quote:

Move over Woolworth Building. Another iconic Lower Manhattan skyscraper is slated for a residential conversion, this time by Deborah Berke Partners and architects of record Steven B. Jacobs Group. The 66-story art deco landmark at 70 Pine Street was built in 1932 as the Cities Service Company, and more recently served as the headquarters of American International Group (AIG), and now developer Rose Associates plans to transform the tower into 700 luxury apartments above a 300-room hotel.

Standing at 952 feet tall, 70 Pine was originally the 3rd tallest building in the world, behind the Empire State Building and the Chrysler Building, and is still one of the tallest in the city. Stylized art deco detailing in stone and aluminum covers the building’s exterior and lobby, with a miniature stone model of the structure standing between the building’s main entrances (see below). Stephen B. Jacobs, principal of the Stephen B. Jacobs Group, said all significant historical elements of the structure will remain intact in line with NYC Landmarks laws and guidelines for historic tax credits.

Individual residences, however, will begin with a clean slate and feature modern design. “The residences will be modern in a way that’s inspired by what’s already there,” said Christopher Yost, Associate Architect at Deborah Berke Partners. “They’re designed to be compatible with the existing building.”

Interior demolition has already begun on site, but Jacobs noted that final plans including the official number of units could change in the future and that a design team for the hotel below the residences has not been finalized. He said four to six apartments are planned per floor in the tower with more units filling floors on the tower’s base. The building’s pointed spire, featuring an observation deck and glowing lantern at its pinnacle, will be part of the residential program, but it hasn’t been decided whether it will serve as a penthouse or communal space. Construction is expected to take around 18 months, meaning 70 Pine should open sometime in summer 2014.

http://www.flickr.com/photos/73416633@N00/263249267/

http://www.flickr.com/photos/vpickering/7979811693/

ThatOneGuy · #**109** Posted **Nov 21, 2012, 9:13 PM**

An apartment there would be amazing (just not one facing 60 wall street...*shudder*)

Wrightguy0 · #**110** Posted **Nov 22, 2012, 11:24 PM**

i love how so many of these old towers are being converted into apartments, even though they were once offices the companies of today are unable to operate in small towers and the new life and vibrancy added to downtown will be a boost for the area

Yackemflaber69 · #**111** Posted **Nov 23, 2012, 4:40 AM**

i want an apartment there that would rule

hunser · #**112** Posted **Nov 23, 2012, 11:10 AM**

Finally! And btw, they need to light the crown again.

Tyler Xyroadia · #**113** Posted **Nov 26, 2012, 12:32 PM**

HA! Bloody Good news to hear. It heartens me that this is something already being done as opposed to so many projects which seem to be "On hold" for years.

As other have said, the spread for older Classical Office towers being turned into Residential is a WONDERFUL Trend. I have no doubt if the Singer Building was still around today it would be luxory condos.

uaarkson · #**114** Posted **Feb 17, 2013, 6:52 AM**

Found this on WiredNY, photographer unknown.

THE BIG APPLE · #**115** Posted **Feb 17, 2013, 3:40 PM**

In my opinion this put the Roman in the 1930s NYC Romantic skyline. It wouldn't have been as romantic without it.

MolsonExport · #**116** Posted **Apr 11, 2013, 1:29 PM**

ephemeralnewyork

outstanding resource of old NYC photographs: http://ephemeralnewyork

NYguy · #**117** Posted **May 1, 2013, 1:17 AM**

http://therealdeal.com/blog/2013/04/...truction-loan/

70 Pine owners secure $300M construction loan

April 30, 2013

Quote:

The owners of 70 Pine Street secured a $300 million construction loan Friday, allowing them to move forward on converting the office tower, the former headquarters of AIG, into residences, GlobeSt reported.

The building will be ready in its new form by 2014 or 2015, Schwartz told GlobeSt.

http://www.globest.com/news/12_594/n...fe-332731.html

Former AIG Building Getting New Life

By Rayna Katz
April 30, 2013

Quote:

The former headquarter offices of AIG are about to get a new life—as apartments.

Law firm Hunton & Williams LLP announced Monday it has advised EBNB 70 Pine Owner LLC—a joint venture among affiliates of Eastbridge Sarl, Rose Associates and AG Insurance NV/SA—in connection with a $300 million construction loan for 70 Pine Street, the former headquarters of AIG. The financing closed on Friday, Carl Schwartz, chair of Hunton’s New York real estate practice, tells GlobeSt.com. Previously, the building was sold to local development firm Youngwoo & Associates and Korea-based Kumho Investment Bank.

shadowbat2 · #**118** Posted **Jan 24, 2014, 4:27 AM**

Conversion work underway:

Pete8680 · #**119** Posted **Nov 23, 2014, 4:24 AM**

So the entire building will b converted? If so those lower units will suck always being in darkness. The lower part should remain office.

Pete8680 · #**120** Posted **Jul 8, 2015, 10:48 PM**

Any updated on conversion?