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Quote:

Originally Posted by jayden (Post 7753013)

I wonder how many New Yorkers are even aware of what kind of monster this will be.

Probably not many. There's still not even a rendering on site. Contrasts that with One Vanderbilt or 111 W. 57th (towers the majority still don't know much about).
For the casual passerby, you can at least see a picture of what's going up on those sites without looking too hard.

Anthony Jones

https://c2.staticflickr.com/4/3931/3...7ad0df77_k.jpg

Central Park Tower: Midtown's Future Tallest Skyscraper Gets Fluted Glass Curtain Wall
March 24, 2017

Quote:

Extell Development’s Central Park Tower is slowly making its way to its throne as Midtown Manhattan’s skyline king. Come 2019, the 1,550-foot tall skyscraper will have the highest roofline in the Western Hemisphere and will be among the most complex private developments undertaken in New York City history. Conceived by the city’s most heroic high-rise builder, Gary Barnett, the $2.98 billion project will be anchored by a 285,000-square-foot Nordstrom department store that will spread onto three other adjacent properties on Broadway between West 57th Street and West 58th Street. Above the seven-floor flagship store will be a five-story hotel and above that 80 floors (real floors, not Trump floors) of residential condominiums with glorious views of the city.

https://ds1.cityrealty.com/img/fb359...af1+1004++0+60

https://ds3.cityrealty.com/img/f5549...-tower-092.jpg

https://ds2.cityrealty.com/img/848ab...rdstrom-93.jpg

More DETAILS & RENDERINGS here.

ok -- you can see it clearly from central park now -- that is a milestone to it getting some notice.

Extell is still trying to get the rest of financing ($900mln) which would explain tower's slow progress.

Extell secures $168M in EB-5 funds for Central Park Tower; project’s completion date pushed back.

By Chava Gourarie | March 29, 2017 12:20PM

Quote:

In a call to Israeli bondholders Wednesday, Extell Development’s Gary Barnett reported that his firm had secured $168 million in EB-5 funds for Central Park Tower, the supertall condominium project set to rise on Billionaires’ Row.

Up to $340 million in EB-5 funds may be raised for the 95-story tower at 225 West 57th Street, Extell’s filings on the Israeli stock exchange show. The $168 million brings Barnett one step closer to procuring the $1.2 billion needed to complete the project. According to an agreement with Shanghai Municipal Investment, which invested $300 million in the project in May, Barnett must procure the funding by December 2017. Extell is still searching for a $900 million construction loan.

Since 2014, Extell has spent $939 million on the tower in construction, acquisition, and financing costs, close to $300 million of which were incurred in 2016, the filings show. The $4.4 billion sellout remains unchanged, while the completion date has been pushed back a year to November 2020, according to the year-end report.

The seven-story Nordstrom store at the base of the building is now complete, and construction has started on the residential floors above. Nordstrom’s contribution to the project increased to $426 million from $394 million, of which the retailer has paid $201 million. Nordstrom retains a put option on its investment if the store is not delivered by December 2018.

Full article: https://therealdeal.com/2017/03/29/e...e-pushed-back/

http://ny.curbed.com/2017/3/30/15113...ell-nyc-condos

Central Park Tower’s condos will hit the market in 2017
Calling all millionaires: Residency is slated for the second half of 2019

BY ZOE ROSENBERG
MAR 30, 2017

Quote:

Central Park Tower will launch sales in the second half of 2017, if all goes according to plan. A spokesperson for Extell confirmed to Curbed that the city’s forthcoming tallest residential building is expected to get approval for its $4.4 billion offering plan from the Attorney General in the next few months, with sales to follow soon after.

Closings, and at that, residency, are slated to begin in the second half of 2019. In a Wednesday call with foreign investors cited by The Real Deal, Extell CEO Gary Barnett announced that the building will be wholly completed—1,550 feet and all—in 2020.

I'm okay with it taking some extra time as long as it reaches 1,550' and isn't capped off at some unimpressive height.

Aside from the height I also dig the design of this building, it's simple but the cantilever is very unique for something of this massive size.

I'm still hoping for a spire to put 1WTC's spantenna in its place.

Quote:

Originally Posted by gramsjdg (Post 7758432)

I'm still hoping for a spire to put 1WTC's spantenna in its place.

As I said sometime last year, don't be surprised if a spire appears during construction like they did when the Empire State Building was competing with the Chrysler for the title of tallest. :P

Looks like we're ready for takeoff! :)

:previous: We are witnessing the birth of a giant!! :)

Quote:

Originally Posted by TechTalkGuy (Post 7759652)

As I said sometime last year, don't be surprised if a spire appears during construction like they did when the Empire State Building was competing with the Chrysler for the title of tallest. :P

The competition wasn't between The Empire State and the Chrysler, but between the Chrysler and 40 Wall Street.

In this picture you can see they've built 2 floors above the cantilever already (could be three, but I think the first floor, bellow the yellow scaffolding, is part of the two or three levels belonging to the structure for the cantilever)

Quote:

Originally Posted by NYguy (Post 7770156)

April 11, 2017

7.
http://m0.i.pbase.com/o10/06/102706/...c04111752b.JPG

^ Yeah, I don't know the exact number of floors above, but they are definitely rising. I still find it hard to believe there is no rendering on site.

http://m6.i.pbase.com/o10/06/102706/...c04111757b.JPG

Looks good so far! :)
Thanks for the update, NYCluver. :tup:

http://wwd.com/business-news/retail/...port-10875221/

Progress Report: Nordstrom’s $500 Million N.Y. Flagship
The Manhattan flagship is Nordstrom's costliest and most complicated brick-and-mortar project.

https://pmcwwd.files.wordpress.com/2...g?w=1200&h=800

By David Moin
April 27, 2017

Quote:

Nordstrom’s 367,000-square-foot Manhattan flagship, an assemblage of sites, is the retailer’s most complicated, anticipated and costliest construction project — now north of $500 million, according to sources.

“We are keenly aware of what’s at stake here. We’ve got to be really good,” said Pete Nordstrom, copresident of the Seattle-based Nordstrom Inc. “New York is probably the most dynamic and best shopping opportunity in the world. We are thrilled to be coming.”

The Nordstrom flagship, located on West 57th Street between Seventh Avenue and Broadway, will be the retailer’s first full-line department store in the city, consisting of a 320,000-square-foot women’s store, expected to open fall 2019, and a separate 47,000-square-foot men’s store, now scheduled for a spring 2018 opening. The men’s store opens ahead of the women’s store because it’s retrofitting an existing space, while the women’s store is being built from the ground up.

How does Nordstrom envision the flagship overall? “It’s got to be the best Nordstrom store. That means having a unique breadth, from Topshop to Céline or Valentino,” Nordstrom said, adding that it will be a “personalized, smart store” with multiple food offerings including restaurants, cafés and possibly a bar, and easy to navigate floor plates with great ceiling heights.

It’s also got to be the retailer’s biggest volume generator, in light of its costs, though Nordstrom declined to offer a projection.

Providing a progress report on the flagship, Nordstrom said the company is “full blown” into discussions with vendors. “They have a keen interest in space and adjacencies, particularly the luxury guys, since business has been difficult in the last couple of years. We had to go out there and tell our story and sell our story a little bit. By and large, people have been very receptive to it.”

The luxury component is “locked and loaded” and already about 90 percent determined in the men’s store, and “pretty far down the road” in the women’s store, Nordstrom said, though he noted it was premature to mention any brands being carried or how the categories will be laid out.

The heart of Nordstrom’s Manhattan flagship is 225 West 57th Street. It will have two levels below ground and five levels above at the base of Extell Development Co.’s Central Park Tower, which will be the world’s tallest residential building at 1,550 feet high, with a spire reaching another 200 feet.

The other sites comprising the Nordstrom flagship are:

• 1776 Broadway, where 20,000 square feet over four levels is being leased from ULM Holding Corp. It’s at the intersection of West 57th Street and Broadway.

• 5 Columbus Circle, where 8,000 square feet is being leased from 1790 Broadway Associates. It’s on the southeast side of 58th Street and Broadway.

• 3 Columbus Circle, the Nordstrom’s men store, where 47,000 square feet over three levels is being leased from SL Green and The Moinian Group. It runs all along the west side of Broadway from 57th to 58th Streets

Don't know where they got that spire info. I wouldn't put too much into it.

So Nordstrom is reporting that there's a 200 foot spire on the tower. Are they mistaken, or does Barnett have a surprise?

Quote:

Originally Posted by Crawford (Post 7787184)

So Nordstrom is reporting that there's a 200 foot spire on the tower. Are they mistaken, or does Barnett have a surprise?

I wouldn't be surprised by that surprise. But it could also just be old info.

Here's a little more on the store from that article...

Quote:

Nordstrom said construction on the flagship is expected to be finished before Extell’s residential tower is done. “Our hope and goal is even if some scaffolding is around, even if there is more construction, it’s not going to be something intrusive on the shopping,” Nordstrom said.

He said the women’s and men’s stores, facing each other on opposite sides of Broadway, will be “visually connected” with lots of glass and some consistency in design. The combined spaces will have a long, unbroken footprint extending 200 feet on 57th Street to Broadway, 200 feet along the Broadway block between 57th and 58th Streets, and another 274 feet along 58th Street. There will be a main entrance on 57th Street and others at 1780 Broadway between 57th and 58th Streets, on 58th Street, and another at 5 Columbus Circle.

“The exciting thing for us is that we get a chance to have the newest department store in the marketplace. Hopefully that means it’s the most relevant one where we are able to apply new learnings, particularly with technology as an enabler for service,” Nordstrom said. The flagship will provide fully functioning Wi-Fi, unlike existing stores where there can be issues. “They weren’t designed for it,” Nordstrom said. “Many stores are built like fortresses which makes it difficult to be connected.” In New York, “we have a chance to build with ways to be better connected.”

The seven-level women’s store will be among Nordstrom’s most vertical configurations, providing some unique challenges, like getting shoppers to explore all levels, and some unique opportunities. “In almost every floor of the women’s tower, we will have some kind of food offering,” Nordstrom said, whether it’s a café, a restaurant or a bar.

“Most of our stores are built on two or three levels,” Nordstrom explained. “This actually allows us to segment our businesses and create zones that are naturally complementary to each other. The floor plates will be pretty easy to navigate and are going to feel like they’re on a more human scale, more accessible. While the floor plates aren’t huge, they will have great ceiling heights, on the main floor nearly 21 feet high, and the smallest ceiling height is 12 feet. That’s darn good. It’s going to feel pretty cool and expansive.

“Maybe ceilings are something I notice more than others because I am really tall. I don’t need to mention other stores, but often I can touch their ceilings. They’re not very high. It feels kind of claustrophobic. A lot of buildings weren’t [originally] built as retail stores and have ceilings rarely over nine feet.”

Quote:

Having multiple levels has also enabled James Carpenter Design Associates of New York to create dramatic undulating parabolic waves of glass, top to bottom, on the 57th and 58th Street sides. The facades will draw natural light in and project the activity and energy of the interior to the street. There will also be an entrance to the women’s store at 1780 Broadway, where the historic facade will be restored.

Manhattan is considered Nordstrom’s sixth flagship and second largest store in the 123-unit department store chain. The downtown Seattle flagship, at 383,000 square feet, is the largest Nordstrom store. The San Francisco Centre, Michigan Avenue Chicago, Toronto Eaton Centre and Vancouver locations are also considered flagships.

“A flagship for us is defined in a handful of ways — primarily it’s the market it services, its location, the brand impression it can make because it serves so many people including tourists, and the breadth of what we have in there,” Nordstrom said.

Nordstrom’s Manhattan flagship will be bigger than the 230,000-square-foot Barneys New York on Madison Avenue, or the 250,000-square-foot Bergdorf Goodman women’s store on Fifth Avenue. Yet it’s far smaller than other Manhattan flagships. Saks Fifth Avenue is 646,000 square feet; Lord & Taylor, 650,000 square feet; Bloomingdale’s, 859,000 square feet, and Macy’s Herald Square, more than one million square feet.

After considering many locations around town for more than a decade, Nordstrom picked West 57th Street because it’s in a pocket of the city filled with affluent residents and tourists yet relatively devoid of fashion retailing.

Creating a full-line flagship in a single building for both men’s and women’s merchandise, Nordstrom said, “would have been our initial preference. We’ve always done it that way. We believe in the synergy of [male and female] customers shopping together. But we have studied flagship stores around the world and there are plenty of examples of where men’s exists separately,” Nordstrom said, citing Printemps in Paris and Bergdorf Goodman. Saks Fifth Avenue in Brookfield Place in lower Manhattan also operates separate women’s and men’s stores. Men’s apparel, shoes and grooming is a $2 billion business at the $14.5 billion Nordstrom.

Securing more space than originally expected means Nordstrom has a better shot at securing the labels it wants for Manhattan though the competition will be beefing up their own assortments and services when Nordstrom opens. It also gives Nordstrom a better shot at generating larger revenues and impressing consumers, designers, suppliers and competitors from around the world.

“We didn’t start out thinking we would operate a men’s store separate from the women’s,” Nordstrom said. “It was not originally our plan, but opportunistically, things came our way,” meaning property across Broadway from the women’s store.

“This is an expensive project,” Nordstrom said. “We might as well get it going. There is a lot we can learn by opening up the men’s store first.”

A 200' spire, (down from the original ~300') would still be better than no spire. What's disappointing is the deference shown to WTC-1's forever incomplete so-called spire. At least CPT will beat WTC-1 by nearly 200' in the categories that actually mean something; roof height and highest occupied floor.

http://www.skyscraper.org/EXHIBITION.../nordstrom.jpg
i begin imagine this view (skyline) if the spire will be include

Gonna be amazing to watch this rise this summer. :)

I actually really like the spire

Best renders I've seen yet. Also looks like a private outdoor observation deck at the 1450' level/top occupied floor...

I usually agree with NYguy but I'm less down on Central Park Tower. No, it isn't brilliant like Steinway or the Tower Verre but I think the glass will be sensational and it will look fine in contrast with Steinway and 220 Central Park South as well as Verre and 432 Park. They all have unique styles and I think will be very welcome collectively along with the other skyline clusters downtown and on the West Side. Now I would like to know if there is going to be a spire or is that definitely out? I prefer distinctive crowns but hope at least they do decide to add the spire.

Great updates all around

I think most are more excited about this tower because of the height rather than the design. I mean, it's going to be nearly 200' taller at the roof than the WTC and nearly 100' taller than 432 Park, which completely dominates the skyline from any angle. :slob:

Quote:

Originally Posted by jayden (Post 7792825)

I think most are more excited about this because of the rather than the design. I mean, it's going to be nearly 200' taller at the roof than the WTC and nearly 100' taller than 432 Park, which completely dominates the skyline from any angle. :slob:

if add the spire it will more dominates the skyline hope it s the case

Quote:

Originally Posted by jayden (Post 7792825)

The height is exactly why the design sucks so much. At half the height, or even the height of One57, it could get a pass, some would even think it's cool with the cantilever. But for those who love the city and its skyline, its almost unbelievable that Smith, who has designed some nice looking buildings, couldn't come up with something better, even with the constraints of Barnett and Nordstrom.

If the Tower Verre had to lose 200 ft because it was deemed unworthy of being in the ESB airspace, imagine if Amanda Burden had to approve this one.

Great design can't be mandated, because it's subjective. But this, at this height, in this city, should have been better.

The original, tapered design was certainly much better (the one Barnett was holding in the PBS documentary a couple years back). Was a reason ever given as to why that one couldn't be built? Integrating the base perhaps or maybe not enough square footage? :shrug:

Quote:

Originally Posted by gramsjdg (Post 7793073)

A friend of mine worked on this tower during the initial design stages and showed me a couple renderings. It looked a lot more like 157 W. 57th, the crown formed the same curve towards Central Park. Is this the design you saw?

I guess I'm in the minority here, but I actually like this design, simple and elegant, nice lines that accentuate the verticality of it, and the cantilever adds a nice flair when viewed from the base. It's not as great as the other supertalls but still nice IMO. And I like it wayyyy more than 432 Park (the current tallest by roof height).

Quote:

Originally Posted by gramsjdg (Post 7793073)

Someone mentioned it had something to do with construction logistics for the site if I recall correctly.

Would have been nicer...

http://m1.i.pbase.com/o9/06/102706/1...pEaIfRE.v9.JPG

http://m4.i.pbase.com/o9/06/102706/1...Lq9Qf2f.v1.jpg

http://m5.i.pbase.com/o9/06/102706/1...JrF8giW.v2.jpg

http://m9.i.pbase.com/o9/06/102706/1...HA7U3rE.v7.JPG

http://m9.i.pbase.com/o10/06/102706/...modgraphic.jpg

This was an earlier massing for this tower...

http://m2.i.pbase.com/o9/06/102706/1...SRBASl.r1c.JPG

http://m3.i.pbase.com/g10/06/102706/...3.4YaKHnMw.jpg

http://m3.i.pbase.com/o10/06/102706/...6FjnDb.r10.JPG

http://m9.i.pbase.com/o9/06/102706/1...UiaMrVJ.r2.jpg

http://m8.i.pbase.com/o9/06/102706/1...0151219182.png

I would love to see a rendering of AS+GG's original design. They clearly won the right to design with that other model, but were limited to the boxy version we have now.

Quote:

Originally Posted by NYguy (Post 7793810)

Not a fan.

Adrian Smith Gordon Gill
@Joey_Gambino

https://scontent.cdninstagram.com/t5...36934912_n.jpg

was there ever a time early on when nordstrom was not being considered for this tower? because even if it could have worked out for site, the original design does not seem to account for a large dept store at the base.

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