Quote:
Originally Posted by Crawford
There are no height limits in this section of Midtown, but there could be other practical considerations that would make an extreme supertall less likely.
I guess we'll have to wait and see. In any case, I think we'll see something extremely tall and expensive.
And, yeah, if we could balance out 225 W.57, that would be obviously fantastic.
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An 'extreme supertall' is probably not likely here because of the bulk restrictions in the zoning.
Doing a back of the envelope calculation, it seems like there's anywhere from 500,000sf to 800,000sf of air rights available, depending on any extra air rights purchases and FAR bonuses(plaza, etc), which would definitely be enough for an 800'-900' tower.
The zoning lot itself is zoned C5-3, which has a base FAR of 15; given a lot size of ~36,000sf gives 540,000sf. Transfer some air rights from neighboring buildings on the block, and add a plaza (each square foot of plaza space yields an extra 10 square feet of buildable air rights), and the total is bumped up another couple hundred thousand square feet.