I suspect that this tower will be marketed to small users, such as hedge funds, VC firms, and PE firms which don't need huge floor plates and want maximal views. I think that this could be around 850 to 900 feet tall.
|
^^^ I'd bet 600' - 750', however I agree with the types of tenants you suggest - maybe a Fortress or Blackstone might get tempted to get some more modern digs.
|
I think the height depends on whether they utilize the new zoning, which is supposedly being fast-tracked.
If they can build 30%-40% more space, I could easily see a 1000 ft. office tower for hedge funds and the like. If they don't have the extra development rights, then something somewhat shorter will be more likely. |
The site is currently zoned for ~450,000 sf, less than the existing building of 567,000 sf.
30% more air rights would be barely enough to make the current building permissible. Of course, more could be obtained by using the plaza, arcade, etc. bonuses. |
edit
|
I see this as being neither tall nor remarkable.
Anything below 700' fails to make any impact on Midtown East, and I think it's doubtful they exceed that height (if they do, not by much). They don't have the necessary FAR. 432 Park is going to be practically across the street, as well. It would have to be extremely tall to make an impact next to the city's future tallest by roof. I wonder if the 'starchitect' competition is a front, as this just doesn't seem like an opportunity for something huge (although buildings like Hearst are quite nice). Could also just be PR for the first of dozens of sites that will be redeveloped after the upzoning. |
Quote:
You can built up to the current built form if you keep the foundation structure, meaning the upzoning would be from the existing building size. Current FAR (Floor Area Ratio) is irrelevent if you keep the base. So if the zoning is increased, say 30%, it would give you a maximum floor ara of 737,100. A good example of this would be Time Warner Center, which kept the base of the previous structure (NY Coliseum) and is technically an alteration, not a new building. |
Quote:
But, assuming they go with office space, they will need larger floorplates, so the tower should be shorter. Who knows how much shorter, though. Depends on the rezoning and the floorplates. |
Quote:
|
I think 600 ft would be fine for this location, 700 ft great. Anything more would also be great. The building will be larger, but not by that much. They want architects to submit designs now, so I don't think they are banking on much of what the City plans to do with rezoning. It's not clear is this is one of the sites that rezoning would apply to anyway (not every site will be impacted by it). Anyway, the Central Park views will start around 300 ft...
http://www.bloomberg.com/news/2012-0...ice-tower.html New York Developer Seeks Designs for Iconic Office Tower By David M. Levitt Apr 23, 2012 Quote:
|
I look forward to this one! :cheers:
|
Zoning question
Could they do this as a mixed-use tower with setbacks, so there would be wider floor plates on the lower part of the building topped with a thinner setback tower for hotel or residential?
|
L & L Holdings' website (http://ll-holding.com) shows a new glass building on the site of 425 Park. Obviously, however, its not what will rise on the site.
|
http://www.nypost.com/p/news/busines...ZpMl2UedQXsPwM
May 15, 2012 Steve Cuozzo Quote:
|
Quote:
|
Quote from a 4-page article on the rezoning...
http://observer.com/2012/06/faulty-t...-get-it-right/ Faulty Towers: Midtown Needs a Makeover, with Twice as Tall Towers, But Can Mayor Bloomberg Get It Right? http://nyoobserver.files.wordpress.c...e-82.png?w=884 Midtown, 2025? (Photo composite: Ed Johnson/NYO; Photos: Getty) http://nyoobserver.files.wordpress.c...pg?w=600&h=481 It all starts with Grand Central. (Getty) By Matt Chaban 6/27/12 Quote:
|
http://www.crainsnewyork.com/article...TATE/307089970
City Hall: Supersize midtown's east side Massive upzoning effort to encourage bigger towers for aging office district By Theresa Agovino July 8, 2012 Quote:
|
http://cityroom.blogs.nytimes.com/20...k-avenue-site/
Four Leading Architects Compete for a Rare Park Avenue Site http://graphics8.nytimes.com/images/...ZD-blog480.jpg http://graphics8.nytimes.com/images/...7A-blog480.jpg July 10, 2012 By DAVID W. DUNLAP Quote:
http://graphics8.nytimes.com/images/...ed-custom1.jpg Examples of work by the architects competing to design 425 Park Avenue. Upper left: Hearst Tower in New York by Norman Foster. Upper right: Proposal for the Olympic Village in London by Zaha Hadid. Lower left: Plan for 3 World Trade Center by Richard Rogers. Lower right: China Central Television Headquarters in Beijing by Rem Koolhaas. |
An exciting read that was! - this will sure be an interesting process to follow.
|
maybe we can get a supertall proposal with cross bracing if Roger is selected.
|
All times are GMT. The time now is 2:04 PM. |
Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2024, vBulletin Solutions, Inc.