That was discussed around 2007 when NY had an utter lack of office space and rents on any decent project exceeded $100/sf.

To get financing on a office tower today, a massive pre-let would be required, and yet, that's not possible since an office tower on this site would not accomodate one user of 500,000 sf. Instead, space would go to scores of hedge funds and PE firms that require small blocks of space and that would be willing to pay $150/sf.

By contrast, a high-end residential would get financing readily in this market and would sell out quickly at $5,000+/sf.

This one will likely follow suit with the concept utilized in One57; a mixture of hotel and residential. The opportunity to move more quickly with that duo is there, and frankly I think partnering office space into the concept will do nothing but hold the development back.

6 Aug. 2011

Dan Burnett
http://img6.imageshack.us/img6/4259/photo6hp.jpg
http://www.skyscrapercity.com/showth...0#post82619640

Damn, you beat me to it..:D

Filed with the DOB on 8-8-11

http://a810-bisweb.nyc.gov/bisweb/Jo...ssdocnumber=01

This was filed on 5 Aug. 2011 for 220 W58th (i.e., the old high school on the north side of the site on W58th)

http://a810-bisweb.nyc.gov/bisweb/Jo...ssdocnumber=01

I walked by on 9 Aug. 2011, and they were busy taking down 217 W57th. Also, a crew was erecting the sidewalk bridge for the demolition of 220 W58th.

Since NYC is sprouting supertalls like weeds these days, I look forward to another one!

More demo docs were filed with the DOB on 8 Aug. and 9 Aug.

http://a810-bisweb.nyc.gov/bisweb/Jo...ssdocnumber=01

http://a810-bisweb.nyc.gov/bisweb/Wo...70&requestid=2

Here's a rough idea of the skyline impact. 225w57 in green and Drake tower in red.

http://img5.imageshack.us/img5/4021/57thstreet.jpg

The Drake will be MUCH thinner. Look at the footprint on the DOB filing.

Certainly. I couldn't be bothered to create an imaginary massing, so I simply extruded the profile of the lot lines.

I walked by on 15 Aug. 2011 and observed that demolition is proceeding rapidly at the various properties that comprise the site of Extell's other planned supertall located at 225 W 57th.

The scaffolding covers 4 of the approx. five floors of the exterior of 220 W58th.

RoldanTTLB
http://wirednewyork.com/forum/showth...t=5465&page=49
http://farm7.static.flickr.com/6182/...47d9c7f0_b.jpg

http://wirednewyork.com/forum/showth...032#post372032
http://wirednewyork.com/forum/attach...6&d=1313465919

Dear lord, are these towers really going to be in the 12-1300 plus foot rage?

If so that is amazing

Yes!:cheers::cheers::cheers:

I just hope the actual ROOF HEIGHT is in the 12-1300 plus foot range:gaah:

enough already of the parapet/pinnacle/spire/antenna being counted as the buildings height.

I'll take a completed Metlife North over a dozen contemporary "1000+ footers" any day :cheers:

This is the most telling of the development:

Still to early to say about the height of this one, but Extell likes'em tall...we could be looking at construction already next year.

With the success that Extell is having with One 57, it may expedite 225 W 57th

http://therealdeal.com/newyork/artic...on-57th-street

Penthouses at Extell's One57 ask $98.5MAugust 18, 2011 08:30AM

Extell President Gary Barnett and a rendering of One57
Two stellar penthouses at One57, Extell Development's prospective 1,000-foot condominium and hotel tower on West 57th Street, are being shopped around by the city's biggest brokers for $98.5 million apiece, the New York Post reported.

One penthouse on the 90th floor will clock in at 10,923 square feet, the Post said, while the other, on the 75th floor, will be 12,554 square feet. They may be the priciest preconstruction condos ever, sources said.

Slated to be the city's largest residential tower at 90 floors, the building is slated to be completed within two years. The developer is partnering on the project with an Abu Dhabi government fund, which controls most of the equity.

Designed by Christian de Portzamparc, the building will have a Park Hyatt hotel on its first 30 floors, and 95 luxury condos will take up the remaining 60 floors. [Post]

I walked by 220 W 58th Street last night (21 Aug 2011), and the scaffolding and platforms for demolition are all the way up to the top.

Here's a photo by RoldanTTLB
http://farm7.static.flickr.com/6207/...b336456a_b.jpg
http://wirednewyork.com/forum/showth...t=5465&page=50

Here's a photo by JohnFlint1985
http://www.skyscrapercity.com/showth...5#post83120875

http://images43.fotki.com/v679/photo...ures029-vi.jpg

The following was filed on 23 Aug. 2011 with the DOB in connection with the demolition of 225 W58th St.:

http://a810-bisweb.nyc.gov/bisweb/Jo...ssdocnumber=01

Hm... Looks like some of the demolished buildings were somewhat attractive. It seems old New York is slowly dying.

No.

10 characters (most stupid thing ever)

Well if ten pre-war buildings are demolished per year, in about 100 years it starts to add up.