Quote:
Originally Posted by Crawford
If DeBlasio wants more affordable housing, then obviously the building will have to be as big as possible. A smaller building means less affordable housing. In fact, Silverstein can build an enormous building right now, with no affordable housing.
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Right, the exact number of affordable housing units aren't set yet, but they're talking maybe the usual 20% or so. De Blasio
could increase the amount of affordable housing
by increasing the residential FAR on site, even beyond what Silverstein is looking for.
But you are exactly right, a smaller building would yield
less affordable housing, not more.
I'm sure Silverstein would probably prefer building a 2-towered development, but for reasons discuss above, that isn't the most feasible. Silverstein's Silver Towers, which is nearby,
contains roughly the same amount of units as this one will.
Read the description for that one...
http://luxuryrentalsmanhattan.com/bu...FdBi7AodIAIAbg
Quote:
Silver Towers North & South Tower
620 West 42nd Street | Midtown West
Silver Towers is one of the largest luxury rental development in New York City, but it's also among the most ambitious. The two 60-story glass towers at 42nd Street and 11th Avenue do more than redefine the Manhattan skyline -- Silver Towers does that, too, but it also defines its neighborhood, and helps to cement Hudson Yards as one of Manhattan's hottest new neighborhoods.
With a spectacular slate of amenities few luxury rental listings in Manhattan can match and spacious, gracious rental apartments that match condo-quality finishes with stunning panoramic views, Silver Towers ranks among the finest rental listings in Midtown West -- and stands among the finest luxury rentals in Manhattan, period.
The apartments for rent at Silver Towers display an attention to detail, a sophisticated aesthetic approach and high-end finishes more common in luxury condominiums than rental apartments. The available flats range in size from studios to three-bedrooms, from lofts to penthouse apartments, but each apartment for rent at Silver Towers displays a uniform dedication to top-quality finishes and fixtures. The kitchens in each Silver Towers rental apartment are finished with cabinets of Zebrano and Wenge wood-grain laminate and aluminum-framed silk glass, engineered stone countertops and porcelain tile backsplashes, and boast high-end stainless-steel appliances from Fisher & Paykel, LG and Bosch. Bathrooms have a sleek, minimal design with porcelain tile floors and walls, Kohler bath fixtures, and a custom marble vanity. Bosch washer/dryer units in each apartment for rent add extra convenience, while the oversized windows admit stunning Manhattan views and plenty of natural light.
The amenities on offer at Silver Towers are every bit as impressive as the apartments for rent, and offer a scope and scale of luxury few Manhattan rentals even begin to approach. From 40,000 square feet of retail to a lush public park and lovingly landscaped indoor courtyard, from the 75-foot indoor pool to the meticulously maintained bocce ball court, Silver Towers is like a city unto itself -- albeit one that just happens to be located at an instantly recognizable Midtown Manhattan address.
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I expect this development will be more of the same.
JULY 1, 2014
