We're still a ways off, but this would be a boutique type office building with smaller floor plates, and high rent. It would be in the upper class of office buildings, not for tenants looking for a deal.
Don't know who the architect would be, but we've been spoiled with nice things in the area. I would at least hope this is something great. This is about a half block from whatever renovations they are doing at 666 5th Avenue, and just a few blocks from Chase's planned supertall tower.
https://therealdeal.com/2018/06/21/h...cks-cathedral/
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Macklowe is believed to have quietly begun stitching the assemblage together through acquisitions. In 2016, an entity shielded by lawyer Steven Holm acquired the property at 12 East 52nd Street for $32 million, records show. And, last month, another Holm-shielded entity entered contract to buy the parcel next door at 14 East 52nd Street from the owners of Spain-based bridal shop Pronovias for an undisclosed price, records show. The memorandum of contract indicates that the Pronovias deal will not close until 2019 — between April 30 and June 30.
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The assemblage play may not be going entirely according to plan, however. Last year, he considered buying one of the properties next door, 11 East 51st Street, which is not identified in the documents as part of the assemblage. But Soho China, a part owner of the GM Building, acquired the landmarked building from Venezuela’s biggest bank, Mercantil Bank, for $30 million. Sources said Macklowe was among the bidders.
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Quick overview from google earth...
