NEW YORK | 417 Park Avenue | FT | FLOORS
Kushner Companies offers $250M for Park Ave. co-op
By Steve Cuozzo April 22, 2018 Quote:
A look at what would be replaced: https://thenypost.files.wordpress.co...trip=all&w=720 |
Nice find on the owners already having voted yes, on what sounds like an unofficial vote. I hope those awful mid century wedding cake buildings across the street come down too, Park has a surprising amount of junk when you go this far north.
Hoping for offices topped my hotel/residential. |
https://nypost.com/2018/04/22/kushne...ark-ave-co-op/
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https://thenypost.files.wordpress.co...trip=all&w=915 Neighbor getting an upgrade... Quote:
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It seems like anything Kushner touches doesn't go anywhere. Maybe I'm just being pessimistic with the Kushner touch.
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The 83.6% Yes Vote is for whether or not the building should get professional real estate advice, not for the sale of the building.
I'd rather keep this building personally. Hope they don't sell. If it does sell it will almost assuredly be all residential, and will cater to the extremely wealthy. This wouldn't contribute to -making housing more affordable, or -renewing midtown's office space. It comes down to the building. While this building is typical of those uptown, its also 1 of just 5 prewar sites on park south of 57th-GCT. Its good context, its quality materials, and I like the idea of a lone coop holding it out on park avenue. It's a very NY story. But very glad 405 is getting redone, that should be a teardown though. |
^Agree 100%. If they sell and a tower is built it would be brilliant to rebuild the facade at the base. They should be working with a budget where this would be perfectly doable. If they claim otherwise, they're likely lying.
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I def don't want to see this building go!
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https://nypost.com/2018/04/23/rezoni...rk-avenue-bid/
Rezoning likely inspired Kushner Companies’ Park Avenue bid https://thenypost.files.wordpress.co...trip=all&w=915 By Steve Cuozzo April 23, 2018 Quote:
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It's a small site, but the FAR would be 25. http://a4.pbase.com/o9/06/102706/1/1...jtfxecG.d1.JPG |
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Never think about how close 425 Park is to the Seagram Building until you see something like this. Anyway, you can see how small this site would be as is. |
https://www.vanityfair.com/news/2018...-looming-tower
BY WILLIAM D. COHAN MAY 1, 2018 Quote:
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NO NO NO NO NO. This building should be landmarked now and the air rights transferred to 405 Park it another neighboring site. This isn’t like 270 where the aesthetics of the building are up for debate. This is a limestone, Emery Roth-designed Beaux-Arts gem. You’re kidding yousrself if you think we’ll ever produce buildings of this quality again. Demolishing it would be a Penn Station-level travesty.
F*ck Kushner. |
I think the most we can hope for here is a facadectomy. I know they are anathema to many here but I can see it working in this case. Another outlandish idea would be to remove the facade piece by piece and reconstruct the building on a new concrete frame somewhere else in Manhattan.
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Buildings are landmarked because they're significant or rare. This is neither. They aren't landmarked because they're aesthetically appealing. |
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No the issue is whether the LPC will step in and get in the way of big new commercial investment, which would have been a resounding no until the head of landmarks stepped down a couple weeks ago. Now its just a probable no. |
This building should be landmarked.
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^^^^^^^^^^
The stock is quite high if we are talking pre-ww2 buildings. My question is, how is sweet Jesus's name do you expect the city to grow and meet its demand. Its not like land is readily available on an island like Manhattan. There are plenty of land marked structures. You can't restrict most of the city with regards to development. NY is not a museum, it chooses to grow, and to remain the financial capital of the world, it must continue to grow. And its not like the land marked structures concept doesn't apply now. Existing structures can always be land marked (gain status), but there is a process. This just happens to not be one, and thus, is fair game. |
Maybe I'm in the minority, but I find this building sort of dull. Outside of what I assume is its Indiana limestone facade, it's not all that interesting.
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It's possible that the Kushners may not be looking to tear down the building at all... Quote:
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https://nypost.com/2018/10/09/park-a...-back-in-play/
Park Ave. blockfront suddenly back in play https://thenypost.files.wordpress.co...trip=all&w=915 By Lois Weiss October 9, 2018 Quote:
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https://therealdeal.com/2018/10/10/b...push-for-sale/
Board of 417 Park Avenue makes another push for sale https://s14.therealdeal.com/trd/up/2...ve-650x434.jpg October 10, 2018 Quote:
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