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Before too long, Central Park Tower will be the dominating tower over the park...

Anthony Huan

https://c1.staticflickr.com/5/4642/2...79572c9a_b.jpg

https://c1.staticflickr.com/5/4642/2...108edfa9_h.jpg

Out of all of these alleged sunlight blockers being built around Central Park...including 432& 157, in your own opinion, which will elicit the most favorable responses from both NYC residents and the millions of Architecturally minded tourists who visit every year?
For me, as a NYC and High Line resident, 157 is the most aesthetically pleasing and it has brought much favorable attention to the area. I believe even after the newest round of supertalls are complete, 157 will still be viewed as the first and most authentic addition of the next generation of high rise. residential buildings.
As much as I love 432 for it's modern simplicity, the 'extras' on 157 place it far above all others, both finished and unfinished. Also the fact that it contains a high end luxury hotel gives tourists an opportunity to feel as though they have had a personal experience with the building.

As a first time contributor, I just wanted to thank all of the dedicated forum readers who take time out of their busy NYC lives to post the pictures we all check in on a daily basis to 'study'. Without their input, the forum would not be what it is....the absolute best architecture website and forum in the world.

Quote:

Originally Posted by pianowizard (Post 8029836)

Ground level is labeled +0.00', indicating that the plus sign merely means positive. I would be excited if +1550 were 1550+, which would mean "at least 1550 ft".

its true all the height markers have the ‘+,’ although i would say to distinguish it from the elevation markers co-listed just below.

aww well, we can dream for more.

https://therealdeal.com/2018/01/01/b...al-park-tower/

Barnett closes on $1B+ financing for Central Park Tower
Tower, now fully funded, set to be NYC's most expensive condo project

By Chava Gourarie
January 01, 2018

Quote:

Gary Barnett celebrated the New Year the only way he knows how.

The Extell Development boss closed on $1.14 billion in financing for Central Park Tower, and now has all the money in place for what is set to be Manhattan’s most expensive condo tower, according to documents the developer filed with the Tel Aviv Stock Exchange Sunday.

The announcement brings to an end one of the most closely-watched odysseys in New York real estate this cycle. Many had bet against Barnett being able to lock in the funds for such an ambitious project in the midst of slower sales and overall uncertainty at the top of the market.

Great news! Now Barnett is free to add the spire back into the design...:runaway:

https://www.prnewswire.com/news-rele...300576557.html

http://markets.businessinsider.com/n...rld-1012413694

Extell Development Company Closes On A $1.135 Billion Financing Package For Central Park Tower The Tallest Residential Building In The World

PRESS RELEASE
Jan. 2, 2018

Quote:

Nationally acclaimed real estate development firm Extell Development Company announced today that the company closed on its largest construction loan to date for Central Park Tower on December 29, 2017. Central Park Tower, a 1,550-foot-tall architectural landmark located on Manhattan's Billionaires' Row, will be the tallest residential building in the world. The financing package was comprised of a $900 million senior construction loan syndication led by J.P. Morgan and a $235 million preferred equity loan from a hedge fund.

"Extell has an exceptionally strong reputation with the lending and institutional investor communities and this sophisticated transaction affirms the confidence in Manhattan's luxury condominium market," said Gary Barnett, President and Founder of Extell Development Company. "New York City has never known a supertall tower of this caliber and we are pleased to have our institutional partners on board to deliver a product that will be truly exceptional."

Central Park Tower will be the definitive New York skyscraper with an incomparable offering in every respect. Situated on 57th Street with Central Park directly to the north, the tower is supremely located at the intersection of Columbus Circle and the Plaza District. Designed by renowned firm Adrian Smith + Gordon Gill Architecture, known for such celebrated supertalls around the world including Burj Khalifa in Dubai and the Kingdom Tower in Saudi Arabia, the building will include 179 ultra-luxury residences with gracious layouts, stratospheric views and access to New York's most elevated private club of full-service amenities.

Extell is co-developing Central Park Tower with SMI USA (SMI), the US subsidiary of Shanghai Municipal Investment, a leading infrastructural investment company responsible for the esteemed Shanghai Tower.

Central Park Tower will also be home to an approximately 300,000-square-foot Nordstrom department store. This new seven-story retail space will be the Seattle-based fashion retailer's flagship location in New York City, the first in its over 100-year history.

Extell pioneered the development of ultra-luxury skyscraper development on what is now considered the most prestigious residential corridor in Manhattan with One57, the first supertall tower on Billionaires' Row. The record-breaking glass tower overlooking Central Park, which redefined the New York City skyline, includes 132 premier condominiums above the Park Hyatt's new five-star flagship hotel. One57 is home to the most expensive residence ever sold in New York City history at $100.5 million.

Extell Development Marketing Group will exclusively handle the sales and marketing for Central Park Tower with sales expected to launch in 2018 and completion slated for 2019. For sales information, please call 212-957-5557 or visit www.centralparktower.com.

About Extell

Extell Development Company is a nationally acclaimed real estate developer of residential, commercial, retail, hospitality and mixed-use properties, operating primarily in Manhattan and other premier cities across the nation. In collaboration with world-class architects and design professionals, Extell creates properties distinguished by sophisticated design, gracious floor plans and first-class amenities.

Current projects under development include the largest condominium in Lower Manhattan, One Manhattan Square, located on the edge of the New York Harbor, offering breathtaking water and city views and over 100,000 square feet of amenities; The Kent at 200 East 95th Street, a building that pays homage to some of New York City's Art Deco structures with interiors that echo the classic elegance of the Upper East Side; and 70 Charlton, the first luxury residential development located in Hudson Square, a section within West SoHo. Extell has also restored and updated a number of classics in landmark neighborhoods, including the former Stanhope Hotel at 995 Fifth Avenue and The Belnord, a landmark building on the Upper West Side.

http://www.nasdaq.com/article/nordst...20180102-00435

Nordstrom To Hire 250 Employees For First Stand-alone Men's Store In Manhattan

January 02, 2018

Quote:

Nordstrom Inc. said that it will hire 250 employees for its first stand-alone Men's Store in Manhattan, which will open on Broadway between West 57th and West 58th Streets in April 2018.

The company noted that it will also open a New York City flagship store in 2019 at the base of Central Park Tower, an Extell Development Company Project. Sales and support positions will be posted on Wednesday, January 3. The retailer also announced Cailin Caro, as store manager of the NYC Men's Store, and company veteran Chris Wanlass, as vice president of its Manhattan full-line stores.

Sales positions are available in all areas, including men's apparel, designer, furnishings, shoes and grooming. Hiring will also take place for various support positions in building services, housekeeping, loss prevention, as well as jobs in the store's food offerings.

57th head-on fin the Cervantes photo might turn out to be kinda disappointing.

Nordstrom looks as if it will completely occlude 111W/Steinway and block out what will seem to be a nifty-looking "morph" of it and One57.

https://therealdeal.com/2018/01/04/f...sales-gallery/

First look inside Extell’s Central Park Tower sales gallery
$4B condo tower has a $95M penthouse

By E.B. Solomont
January 04, 2018

Quote:

Extell Development has kept details about Central Park Tower close to the vest. But images of the $4 billion condominium’s lavish finishes have started to trickle out, courtesy of a party the developer threw for brokers late last year.

The pictures, shared with The Real Deal by a tipster, show hammered steel kitchen cabinets, brass faucets and gray marble bathrooms flecked with white. Brokers who’ve already taken clients to the building say buyers can choose from light or dark finishes in the bathrooms and kitchen.

Extell declined to comment on the images, which are the first depicting the project’s sales gallery.

The Gary Barnett-led firm rang in 2018 by sewing up $1.14 billion in construction financing for the project from a consortium led by JPMorgan Chase, as TRD first reported. On Wednesday morning, the site at 217 West 57th Street was buzzing as construction workers milled about on foot and trucks laden with hoists idled on 57th Street.

Extell is projecting a sellout of just over $4 billion for Central Park Tower’s 179 units — 20 of which will ask $60 million or more — according to the offering plan which was approved by the New York Attorney General last May. Prices range from $1.5 million for a 569-square-foot studio to $95 million for a penthouse spanning 7,984 square feet. Three penthouses, the largest of which spans 15,898 square feet, were not listed for sale in the offering plan.

The building is being marketed in-house by Jason Karadus, an alum of Town Residential who jumped to Brown Harris Stevens in 2016. He joined Extell in August, according to his LinkedIn profile.

Although sales haven’t officially launched, brokers familiar with the project said Extell has been quietly marketing the condos to friends and family in recent months. Barnett’s firm invited agents on Nov. 16 to the project’s sales gallery at 147 West 57th Street — a retail space adjacent to One57, where the developer sold a record-breaking penthouse for $100.45 million.

“We are completely in love with the project,” said Brenda Powers of Sotheby’s International Realty, who attended the soiree.

Another broker who went the party said it was a throwback to the heyday of the city’s condo boom, with touches like hand-rolled cigars and wait staff passing out Manhattans and Old-Fashioneds.

“It made you feel like, ‘Oh good, there’s a little bit of extravagance,’” the agent said.

The interior finishes look pretty tacky.

Quote:

Originally Posted by vandelay (Post 8036431)

The interior finishes look pretty tacky.

Don't mean to sound defensive, but since when did granite start to look tacky? Or is there something specific you find tacky.

Quote:

Originally Posted by patriotizzy (Post 8036769)

Don't mean to sound defensive, but since when did granite start to look tacky? Or is there something specific you find tacky.

Eh, I kinda agree the kitchen looks a bit tacky with the oddly textured dark cabinets. Not my favorite but it is different from the usual. All the other looks really good to me. Clearly all very high end.

Way over the top interiors. Too many textures, heavily veined stones, metal? It looks more like a trashy hotel interior or club than a suitable luxurious home.

For one thing there is no granite in any of those photos. That's all marble, the light being mirrored veined Carrara. Besides being the stone du jour for quite awhile now, I'm not sure how anyone could mistake it for flecked granite.

As for the rest of the model, the cabinetry is a little odd, they'll probably have a lot of buyers that don't like it and spec it out for something different. The rest looks like pretty par for the course super-high-end. Lookks good.

Those kitchen cabinets would have to go... along with that rose-gold sink. Ew. But the bathrooms looks decent.

Edit: And just wanted to say - the glass is looking really blue. Is there still a protective film on it?

Quote:

Originally Posted by Zerton (Post 8037436)

Edit: And just wanted to say - the glass is looking really blue. Is there still a protective film on it?

Yes.

https://farm5.staticflickr.com/4521/...d3f269b6_o.jpg
225 W 57th St (Central Park Tower by NyConstructionPhoto, on Flickr

The glass on this tower will be of the highest quality.

Quote:

Originally Posted by Busy Bee (Post 8037001)

I meant marble. Obvious mistake. Don't shoot me! :P

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