From Reuters:
http://www.reuters.com/article/domes...79157620070920
September 20, 2007
Quote:
Israeli firm plans Manhattan's highest residence
JERUSALEM (Reuters) - Real estate company Elad Group, owned by Israeli billionaire Yitzhak Tshuva, plans to build New York's tallest residential building in a $450 million deal, an industry source said on Thursday.
Elad, which also owns New York's Plaza Hotel, plans to construct an additional 75 floors on top of an existing 20-story building, said the source, who asked not to be named.
Elad officials were not immediately available for comment.
The Madison Avenue building will stand 274 meters (899 feet) tall.
Building plans are currently being examined by the New York City municipality and are subject to regulatory approval, Israeli daily Yedioth Ahronoth said.
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The journalists sure aren't sure which building this is going to be added to.
Interestingly enough, I found this article on wikipedia, where a contributer thought it referred to the north building.
http://en.wikipedia.org/wiki/Metropo..._Company_Tower
Quote:
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What stands of the North Building today is what was to be the 32-story base for the 100-story tower, built with the structural strength and number of elevator shafts needed for a later completion. There have been proposals to add floors to this 32-floor base and to 'complete' the tower. An Israeli real estate company called Elad Properties has applied for permits to add 75 floors to the annex. The completed building will be 889 feet tall and will be the tallest residential building in New York City. [2]
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The reference was to the Reuters article.