|
NEW YORK | 655 Madison Ave | 1,162 FT | 74 FLOORS
So, it seems another one will be coming down for a new tower.
This site is just west of Stern’s 520 Park Avenue. https://commercialobserver.com/2024/...filling-space/ BY DAVID M. LEVITT APRIL 16, 2024 Quote:
|
Awesome!
|
Wow. Madison Ave. & 60th Street is about as good as it gets. Will undoubtedly be a superluxury condo with flagship retail at the base.
Hopefully a landmark supertall. |
I hope they could also grab 33 E 60. Having the new tower bookend those three inset old walkups would look much better than leaving that one projecting forward like that with the blank wall.
|
I’d like to see all of the junk between this site and 520 Park razed.
I had hoped that it would come down when 520 Park was built. |
I think it's likely 520 has some air rights ownership of some or all of those old walkups.
|
Quote:
|
I don't mind those small buildings creating a buffer between 520, and keeping some of that New York City streetscape that everyone seems to want left untouched.
https://a4.pbase.com/o12/06/102706/1...I.IMG_5389.JPG https://a4.pbase.com/o12/06/102706/1...C.IMG_5390.JPG |
They look crappy though, even though they received a bit of lipstick when 520 Park was built.
Only one of the four has nice details. |
Best scenario is the three that are uniform and set back stay and receive full restorations. The one to the west that sits forward with the lousy blank wall gets bought and incorporated into the new tower lot.
|
Quote:
|
If 520 Park didn't have the air rights of those buildings, wouldn't its western facade have needed to be completely windowless as it's on the lot boundary?
|
^ It is windowless up to a certain height. Whether that means 520 has air rights or not I don't know.
|
I'm wondering if there might be another major upcoming Madison Avenue tower.
635 Madison Avenue, which is underbuilt, and on a super-prime block, is about to be sold off: Billionaire developer Ben Ashkenazy loses Madison Avenue office building to foreclosure https://www.crainsnewyork.com/real-e...ve-foreclosure |
That would be nice. That building is crap. It has a pretty small footprint, so I don’t think that it would be a supertall like Related’s planned building nearby.
I wonder if it has a lot of medical tenants with long leases though. |
Could be the makings of another billionaire’s row, though we all know Park Avenue is the true billionaire’s row.
|
NEW YORK | 655 Madison Ave | FT | FLOORS
Was just a matter of time…..
https://www.crainsnewyork.com/real-e...ted-demolition 655 Madison slated for demolition https://s3-prod.crainsnewyork.com/st...3/IMG_3743.jpg EDDIE SMALL August 19, 2024 Quote:
|
|
maybe a nice wedding cake once upon a time, but now just a glassy monster like the Grand Hyatt.
|
Amazing.
A 1,000' Stern tower here would sell like crazy. We are getting closer and closer to 100 Manhattan supertalls. :cheers: |
I don't think a supertall will rise on this site. If they get to 700 ft on this site alone, that would be good. It's not a very large site. Between 200-250k sf could give it a height somewhere around 520 Park Avenue. That one is about 780 ft. Though that building is built with a FAR of 8.
The numbers for total built and zoning space for 520 Park... https://a4.pbase.com/o12/06/102706/1...uAc8e.520a.jpg |
I’d be happy with 700-800’ here.
|
I read that this likely will be about 500’ and might have a scale similar to 200 E 83rd. I’d be happy with that.
https://www.ramsa.com/sites/default/files/01_11.jpg Www.ramsa.com |
I hope it's a supertall, and a traditional-style design. It would be amazing to have three residential supertalls on this short stretch of Madison.
|
https://therealdeal.com/new-york/202...strict-office/
Plaza District office slated for demolition Williams Equities principal hinted 655 Madison’s retail, housing potential https://static.therealdeal.com/wp-co...t-Office-f.jpg |
Quote:
I'd be very surprised it a supertall got built on this site. |
https://nypost.com/2024/08/22/real-e...or-demolition/
A 1950’s tower on Madison Avenue in Manhattan is slated for demolition https://nypost.com/wp-content/upload...y=75&strip=all By Mary K. Jacob Aug. 22, 2024 Quote:
Quote:
https://nypost.com/wp-content/upload...y=75&strip=all https://nypost.com/wp-content/upload...y=75&strip=all |
Isn’t the new facade only about ten to twelve years old? (Not that that marginal investment would warrant saving a crappy, worthless office tower that occupies a hyper-prime spot in which an Uber-luxurious hotel/condo can rise.)
|
^ Don't know.
Since they are moving forward with demo here, this will most likely be built as-of-right. And it will be competing directly with Related's 625 Madison Avenue. This area of midtown will produce ultra-luxury towers, so I do wonder if they will try to achieve a tall tower simply because of the 625 project. 1 https://a4.pbase.com/o12/06/102706/1...yZV5ie.g1b.jpg 2 https://a4.pbase.com/o12/06/102706/1...oO070R.g2b.jpg 3 https://a4.pbase.com/o12/06/102706/1...bFkbau.g3b.jpg 4 https://a4.pbase.com/o12/06/102706/1...mMB9Jq.g4b.jpg 5 https://a4.pbase.com/o12/06/102706/1...xV2PX5.g5b.jpg 6 https://a4.pbase.com/o12/06/102706/1...p84P1V.g6b.jpg 7 https://a4.pbase.com/o12/06/102706/1...4Rwv3I.g7b.jpg 8 https://a4.pbase.com/o12/06/102706/1...bE1swv.g8b.jpg 9 https://a4.pbase.com/o12/06/102706/1...uSu6Li.g9b.jpg 10 https://a4.pbase.com/o12/06/102706/1...HdNWI.g10b.jpg 11 https://a4.pbase.com/o12/06/102706/1...yBBP9.g11b.jpg There will be a lot of ongoing demo in the immediate area... https://a4.pbase.com/o12/06/102706/1...8QjkR.g17c.jpg https://nypost.com/wp-content/upload...y=75&strip=all https://nypost.com/wp-content/upload...y=75&strip=all |
So this is going to really ruin some of the park views from the ultra high end units in 520 park. Those owners are not going to be pleased.
|
Quote:
|
Quote:
yep, it got a reno in 2008 — Madison Avenue Building Gets New Look Oct. 24, 2008 Interior construction has started at 655 Madison Avenue in New York City, architectural firm Montroy Andersen DeMarco announced. The 193,000-square-foot, 25-story office building at East 60th Street is undergoing a significant modernization program that will reposition it in the Plaza District marketplace. The renovation of the building includes a new high-efficiency glass-and-granite exterior, a new lobby, new glass-walled elevator cabs, and new ceiling-mounted air-conditioning units, which yield more useable floor area for tenants. The building's life-safety systems have been upgraded to make the floors fully sprinklered. In addition, there will be new sidewalks on both Madison Avenue and 60th Street and improved prebuilt office space. A total of 75,000 square feet will be renovated. more: https://www.iands.design/industry-ne...-gets-new-look |
Quote:
Quote:
What happened in the space of nearly two hours between those posts. :haha: |
Quote:
|
https://nypost.com/2024/08/25/busine...tery-makeover/
NYC’s most fashionable shopping corridor is getting a mystery makeover https://nypost.com/wp-content/upload...y=75&strip=all By Steve Cuozzo Published Aug. 25, 2024 Quote:
Quote:
Quote:
https://nypost.com/wp-content/upload...y=75&strip=all Demo plans have been filed to knock down 24-story building at 655 Madison Ave. |
According to the latest information in the DOB, the demolition has been authorised.
Hopefully there will be another supertall here, two supertalls could be created at the same time. |
|
I can’t wait to see this come down!
|
https://www.bloomberg.com/news/artic...wer-for-condos
Billionaires’ Row Developer Buys NYC Office Tower for Condos -Extell’s price for 655 Madison Ave. is more than $200 million -Elliott-backed Tyko Capital provides financing for the deal By Natalie Wong October 16, 2024 Quote:
|
hmmm not sure I trust Extell to put up anything iconic. They're self competing pretty hard at the moment with One 57, Central Park Tower, One manhattan square and 138 Willoughby in Brooklyn.
|
Quote:
|
https://commercialobserver.com/2024/...ooked-so-good/
By The Editors October 20, 2024 Quote:
From the earlier article... https://commercialobserver.com/2024/...adison-avenue/ Quote:
|
https://therealdeal.com/new-york/202...-avenue-tower/
Extell plans 37-story Madison Avenue tower Gary Barnett will demolish office building to erect 193K sf of residential NOV 20, 2024 Quote:
|
I’d like to see a classic stone tower. BBB designed the Kent for Extell.
https://www.beyerblinderbelle.com/pr...=residential-1 |
Gary must be excited.
https://therealdeal.com/new-york/202...sells-for-79m/ Zeckendorfs’ final penthouse at 520 Park Avenue sells for $79M Duplex traded in all-cash deal, marking NYC’s fourth-priciest deal in 2024 |
Quote:
|
|
The shape is utterly lame. Hopefully, it’s not a glass box. Extell lately doesn’t aim high.
|
Another article on the development, but paywalled:
https://www.uppereastsite.com/mega-d...-retail-space/ Mega-Developer Plans 55-Story-Tall UES Luxury Tower with Hotel & Retail Space by Upper East Site Staff The mega-developer behind some of Manhattan's priciest projects plans to construct a massive 55-story-tall tower featuring a mix of luxury apartments, hotel rooms and retail space on an Upper East Side lot already hosting a high-rise building. |
| All times are GMT. The time now is 2:31 PM. |
Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2026, vBulletin Solutions, Inc.
Prev