NEW YORK | 625 Madison Ave | 1,200 FT | FLOORS

[NYguy]

Originally Posted by MAC123

Any supertalls being built within that timeframe? 270 is going to finish very soon and 520 5th is flying. I'm not tracking any projects actually going above ground rn, but I haven't been paying that much attention lately either.

Could this be the first time in a very long time that NYC isn't building a supertall?

We have 740 8th Ave that hasn’t risen above ground yet. They have been adjusting plans, but that height remains. I also assume the governor will remember the bids at 418 11th Avenue where the Affirmation Tower is reportedly financed, if it should win the bid. 360 10th Avenue, which hasn’t filed any construction permits yet was supposed to start this year. It could begin at any time. As could 41 W. 57th.

[ChiND]

Originally Posted by NYguy

We have 740 8th Ave that hasn’t risen above ground yet. They have been adjusting plans, but that height remains. I also assume the governor will remember the bids at 418 11th Avenue where the Affirmation Tower is reportedly financed, if it should win the bid. 360 10th Avenue, which hasn’t filed any construction permits yet was supposed to start this year. It could begin at any time. As could 41 W. 57th.

Also 10 W 57th, assuming that Soloviev doesn’t squander the opportunity of a lifetime by building that horrendous, low-budget tower that his father had proposed on one of the most valuable parcels in NY. It would be like installing a prefab trailer on a waterfront lot in Great Neck or Greenwich.


https://www.bennettig.com/service/ma...ransportation/

[NYguy]

The question for this site is whether Related will be building a glass, ultra-luxury tower. Or another limestone-clad, ultra-luxury tower like 220 CPS and 520 Park. Hard to say at this point how they would lean, though either would fit in.

[ChiND]

It seems that at the highest price point, limestone towers are guaranteed successes.

[NYguy]

There also may be a hotel component to this, we'll just have to wait and see.

[jackster99]

If they do go the glass route, hopefully it's not blue. While I would prefer limestone, a different variation of glass could be nice. Emerald for example could be very cool (bronze accents as icing on the cake)

Edit: could you imagine a supertall version of this?? 1,200 feet of terra cotta...

https://jdsdevelopment.com/portfolio/fitzroy

[NYguy]

Originally Posted by jackster99

If they do go the glass route, hopefully it's not blue. While I would prefer limestone, a different variation of glass could be nice. Emerald for example could be very cool (bronze accents as icing on the cake)

I would be very surprised if they went the blue glass route. They say this tower will be built as-of-right. So I'm expecting some setbacks, even modest ones.

[SamLYNY]

I think they will build something spectacular that matches the area, so limestone might fit the bill - although it's too early to call.

As I'm sure we all know, 1200ft puts it level with BofA tower, or the uppermost mechanical through-floors on 432 Park, so whatever they build I'm sure they'll make the most of it.




Source

[NYguy]

Related Companies plans to build a supertall skyscraper on Madison Avenue rising to 1,200 feet, Related CEO Jeff Blau revealed to Realty Check.

It’s hard to know when they say these things if that 1200 is in fact 1200, or a little above or below. I do wish we at least knew what firm will be working on the design.

[Zapatan]

Originally Posted by NYguy

It’s hard to know when they say these things if that 1200 is in fact 1200, or a little above or below. I do wish we at least knew what firm will be working on the design.

It could refer to the solid roof below the parapet. I hope it's not via spire though.

I'm sure we'll find out soon enough (regarding the design firm).

[SamLYNY]

Here's hoping its a little above 1200', spire or otherwise - although I'd be happy with 1200'. Not every development has to be the next 350 Park/Commodore, and a multi-billion dollar 1200 footer in this location will be a showstopper either way.

I'm just glad this boring slab is getting razed for something more fitting for its location.

Bit of an open question and maybe a long shot, but what are the chances we see renders before demo is complete?

[SamLYNY]

The NY YIMBY thread for this development inspired me to make these:

Perspective isn't my strong suit, and I don't think this will have a perfectly square floorplate... but you get the idea.


Image Source (sorry its so old)


Image Source

If this gets up to anywhere near 1200', it'll be a landmark tower.

[NYguy]

Definitely gonna be a landmark tower. We get spoiled with the developments in New York, but 1,200 ft is still pretty tall, even if it will be outranked by the many giants of Midtown in the coming years. Beyond Related's 4 supertalls (if they get the license for a casino), in the coming years we could also be looking at 350 Park, 175 Park, Roosevelt Hotel tower, 41 W. 57th, 2 WTC, 360 10th Ave, 740 8th Ave, all overlapping at some point in the next 5 years. Even 15 Penn and conceivably the Affirmation Tower could be underway. That's a lot, and just what we are following now. No doubt in that timeframe some other proposals will sprout. In all of that, 625 Madison has a nice location overlooking the park, and is in one of the most desirable locations in Manhattan for the super wealthy. Every photo, book, or video you have of the famous New York City skyline is already dated and over with, lol. I still look at mine though.

[SkyHigher]

With the red outlines above kinda show this tower needs to be taller than 432 Park. Which was topped out like ten years ago? Come on.

Sick of this whole 1000-1400ft stuff. Lets beeeeping go yeh?

[Zapatan]

Originally Posted by SkyHigher

With the red outlines above kinda show this tower needs to be taller than 432 Park. Which was topped out like ten years ago? Come on.

Sick of this whole 1000-1400ft stuff. Lets beeeeping go yeh?

~1200 is a nice height variation I think. 57th street towers are either ~1k or 14-1500 range.

I'd be cool with taller than 432 Park as well but it may be pretty skinny at that point. A bulkier tower would be nice.

[NYguy]

Originally Posted by Zapatan

~1200 is a nice height variation I think. 57th street towers are either ~1k or 14-1500 range.

I'd be cool with taller than 432 Park as well but it may be pretty skinny at that point. A bulkier tower would be nice.

Right, we don't want another Steinway just to rise higher than 432 Park. A 1,200 ft building would be the tallest in many places, and would have been the second tallest in New York not that long ago.

The footprint of the tower is 35,000 sf. Keep in mind that the residential max in New York (the entire state) is 12. I think the base FAR of midtown is around 15, but there are multiple sub-districts with different zoning scenarios.

This site is classified as C5-3, defined below...


https://fontanarchitecture.com/c5-3-zoning-nyc/

C5-3 Zoning
The C5-3 Zoning District is a sub district of C5 Zoning in NYC. C5 is a central zoning district with generally large buildings having retail, offices, hotels, and residential uses. C5-3 Zoning is mapped in Midtown Manhattan and the Flatiron District. The zoning district C5-3 has the highest floor areas available in NYC and will result in some of the largest buildings in New York.

C5-3 Residential Equivalent
Most Commercial Zoning districts have a Residential Equivalent. This means you can develop a residential building within the commercial zoning district. You follow the residential equivalent zoning requirements in the case of a residential development. The residential equivalent for C5-3 is R10 Zoning.

Mixed Use Building
You can develop a mixed use building with commercial and residential zoning. In this case you would apply the requirements of C5-3 and R10 in designing the building.

A little more...

C5-3 Zoning Specifications
C5-3 Commercial Floor Area Ratio (FAR):
Floor Area Ratio determines the floor area that can be built on the property.

FAR = 15

The FAR is for Commercial Floor Area, 15 is the highest base floor area for any development in NYC. Residential FAR usually differs from Commercial.


C5-3 Community Facility Floor Area Ratio
FAR = 15

Plaza Floor Area Bonus:

1 to 10 ratio plaza to building floor area bonus

In C5-3 the Plaza Bonus applies to buildings with commercial or community facility use.

You can build 10 additional square feet of building for every square foot of plaza. Plazas have specific requirements not all locations qualify.

Arcade Floor Area Bonus

1 to 3 ratio arcade to building floor area bonus

In C5-3 the arcade Bonus applies to buildings with commercial or community facility use.

You can build 3 additional square feet of building for every square foot of arcade. Arcades have specific requirements not all locations qualify.

[NYguy]

https://nypost.com/2024/08/25/busine...tery-makeover/

NYC’s most fashionable shopping corridor is getting a mystery makeover





By Steve Cuozzo
Published Aug. 25, 2024

Uptown Madison Avenue, the city’s premier luxury shopping corridor, faces momentous change on the gilded blocks where East Midtown meets the Upper East Side.

Two large office retail buildings are being demolished for new, mixed-use projects about which little is known. Meanwhile, wealthy fashionistas and even wealthier real estate investors wonder what’s to become of the former Barneys building, which has been vacant for four years.

We first reported in July that Related Cos. will take down 625 Madison between East 58th and 59th streets for a mixed-use supertall tower that may rise to more than 1,200 feet. Related’s Jeff Blau told us it will take nine months to demolish the structure and an adjoining one for a skyscraper with luxury condos, stores and perhaps a hotel. Scaffolding now covers the entire property.

Now comes word via Crains that demo plans were also filed at 24-story 655 Madison between East 60th and 61st streets. The owners, a joint venture that includes Jamestown and Williams Equity, plan “a mixture of retail, hospitality and residential,” Williams co-principal Michael T. Cohen told the Commercial Observer earlier.

As at 625 Madison, retail tenants have moved out — most notably Marc Jacobs, which had the large south corner. Although a sign promises the designer is moving to a new Fifth Avenue location, no lease on Fifth has been announced. (As we reported, negotiations at 645 Fifth went nowhere.)

Adding to uncertainty about the future, the elegant but empty 10-story former Barneys at 660 Madison — across the avenue from 655 Madison — continues to baffle real estate insiders and, according to the Real Deal, to frustrate main owner Ben Ashkenazy’s investors.

Madison Avenue Business Improvement District president Matthew Bauer took an optimistic long view.

“What makes Madison Avenue distinct from other luxury retail destinations around the world is that the majority of the customer base is very local,” Bauer said.

“These new buildings will not only bring new shopping and hospitality venues to the district, they will bring residents who shall be clients for our stores, restaurants, spas, salons and galleries.”

He noted that since both the new 625 and 655 Madison “will likely now have a major residential component,” they will “follow the recent precedents of new construction on Madison with high-end retail on the lower floors, and luxury residential above.”

Demo plans have been filed to knock down 24-story building at 655 Madison Ave.

[NYguy]

https://www.bisnow.com/new-york/news...uilding-125818

Related Files Demolition Plans For 625 Madison, Paving Way For New Luxury Building


September 9, 2024
Ciara Long

Another example of New York City's postwar office building boom is coming down.

The Related Cos. has filed demolition plans for 625 Madison Ave., an office tower that it reportedly plans to replace with a luxury condo and hotel project.

The developer behind Hudson Yards filed plans to demolish the 563K, 17-story office tower with the New York City Department of Buildings in late August, Crain’s New York Business first reported.

Demolition work on the interior of the building has already started while the developer expects the full demolition plans to take around nine months to execute, Related spokesperson Natalie Ravitz told Crain’s.

[NYguy]

[NYguy]

https://nypost.com/2024/10/28/real-e...ng-with-homes/

The brand-new Giorgio Armani Residences at 760 Madison Ave. sold out its 10 condos in July, after hitting the market less than a year ago (the penthouse went into contract asking $32.5 million).

Megadeveloper Related is now building a 1,200-foot condo-hotel-retail tower at 58th Street, while another 22-unit luxury condo tower from Legion Investment Group and Nahla Capital just scored $195 million in construction financing at 83rd Street.