NEW YORK | 250 Park Ave | FT | FLOORS

[Crawford]

Originally Posted by Hudson11

I agree it's a strong possibility they're buying the building to keep it as is to preserve their global HQs southern views.

There's a big tower right behind it, so that doesn't make much sense. Even if you demolished 250 Park and made it a vacant lot, that wouldn't do much for views.

[KingNYC]

I expect something magnificent here from the world's greatest bank.

[Ahoi]

Let the Age of Ramses go on.

[NYguy]

A sense of the footprint of 250 compared to JPMC's 270 Park, as well as the Roosevelt Hotel. A new tower at 250 would be a minimum of 900 ft. (which I'm fine with), likely something higher.


Simon Gosney

[NYguy]

JULY 4, 2024

[Busy Bee]

I think it's just as easily a possibility they bought it to prevent a view blocking structure than it is they intend to build one. If you were Chase and just built a two billion dollar palace of a HQ would you want some tower going up blocking a large swath of your S-SE view including choice views of the Helmsley Building?

A theory.

[ChiND]

Originally Posted by Busy Bee

I think it's just as easily a possibility they bought it to prevent a view blocking structure than it is they intend to build one. If you were Chase and just built a two billion dollar palace of a HQ would you want some tower going up blocking a large swath of your S-SE view including choice views of the Helmsley Building?

A theory.

I thought the same thing. I wonder how much this building is selling for. If it’s $300m or less, I want to see JPMC build a park on the site — same with the Bank of China building on Madison.

[NYguy]

Originally Posted by Busy Bee

I think it's just as easily a possibility they bought it to prevent a view blocking structure than it is they intend to build one.

I see people keep saying that, but it's not likely. For one thing, the tower here would be so slim that it in no way would block views from 270 Park. It's Manhattan, where a monster like 50 Hudson could be sandwiched in between 2 monsters like 30 Hudson and The Spiral.

[Busy Bee]

Thought I'd put this here...

If anybody has 6 grand laying around you can pick yourself up an original New York Central poster showing the Helmsley nee NYCRR Building on Ebay:


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