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To create the new tower, Algin has also proposed buying 58,214 transferable rights from the Majestic at 245 W. 44th St. and another 4,015 feet from the Broadhurst Theater at 235 W. 44th St.
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We're looking at a roughly half a millions sf residential with possibly some hotel. There will be no office component. I'd say a 600'-700' would be about right.
Also, it seems the Roseland has been living on borrowed time.
Quote:
In 1999, the rock palace’s owners were going to close it down and develop a 42-story building designed by Shuman Lichtenstein & Claman, but they canceled the plan and kept producing the lucrative music events.
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Some of Cetra/Ruddy's work...
http://www.cetraruddy.com/
(earlier design for 107 W. 57th)
http://www.archpaper.com/news/articles.asp?id=6346
http://www.cityrealty.com/nyc/broadw...broadway/31702