NEW YORK | 250 Park Ave | FT | FLOORS

[Sky88]

Originally Posted by ChiND

I wonder if a 1,200’ tower is viable on this site.

Yes, I think it could be done with an spire that can reach 1,200 ft. That site should be used to the fullest.

[NYguy]

Originally Posted by ChiND

I wonder if a 1,200’ tower is viable on this site.

The floor plates are small. Does JPMC build with the higher ceilings like its new headquarters and the newest towers in the city? It could. Maybe it won’t. We’ll see.

[ChiND]

I’d like to see another 1,000’+ tower here.

Only in NY!

[ChiND]

Originally Posted by NYguy

^ Posted above, highly unlikely.





This is a complicated site. The max FAR is 27 (can get up to 30). Official footprint is about 25,000 sf, though according to city records, it's actually larger. The footprint is very small, which would push the tower upwards. But at some point, giving city zoning, it doesn't make as much sense for an office tower to get smaller towers as it gets above supertall height. It would make more sense for residential. But JPMC could be looking at this as an opportunity to expand right in its own backyard, in its own towers, rather than continue to lease space.

How tall do you think this will be? 900’, 1,000’, 1,200’

[NYguy]

^ I don't know. I'll put a conservative guess at maybe 1,000 ft, which would be fine with me. We know that the Roosevelt Hotel site will likely produce something in the range of Vandy and 270 (if not taller). I don't like the idea of too many similarly sized towers on the skyline in the same space. It could end up like Hudson Yards, where everything is too similar in height.

[ChiND]

Thanks. Let’s keep our fingers crossed.