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Old Posted Mar 14, 2017, 2:08 PM
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Join Date: Jul 2001
Location: Borough of Jersey
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Originally Posted by chris08876 View Post
Current set up could support a super tall and 4 billion guarantees us at least 950 ft +.

Mixed used, with the addition of residential will make height a priority in terms of pricing. Better views demand better prices. So given that there is a luxury residential component on the upper floors, it will most likely catar to similar buys like we've seen on 57th Street. And with that, a tower needs to stand out to attract those tenants.

This was the original plan:

Real estate heavyweights Steve Roth and Jared Kushner are mulling a plan to reposition the 1957-era aluminum-clad 666 Fifth Ave. office tower into a 1,400-foot vertical mall, hotel and residential tower.

The Post has also learned that Pritzker Prize-winning architect Zaha Hadid has already prepared a scheme that would restack the current 41-story building into a slender, super-tall hotel and residential tower above a vertical retail podium.

Because of its location, a significant part of the tower would have unobstructed views of Central Park.

I can still see that scheme taking shape, it would need that large construction loan. The current king of "hybrid" new and old construction in New York is SHoP Architects. They should be in the mix, though we never know who would be involved in these things.
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