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  #1  
Old Posted Nov 24, 2020, 12:57 AM
JMKeynes JMKeynes is offline
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Smile NEW YORK | 32 West 48th Street | 456 FT | 33 FLOORS

Extell's new hotel will rise between 5th and 6th and will run from 47th to 48th.


https://therealdeal.com/2020/11/23/e...otel-official/
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  #2  
Old Posted Nov 24, 2020, 1:02 AM
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Perfect location.

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Old Posted Nov 24, 2020, 1:06 AM
JMKeynes JMKeynes is offline
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I agree. 48th west of 5th has been improving over the years. This will make it even better.
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Old Posted Nov 24, 2020, 1:45 AM
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Quote:
Originally Posted by JMKeynes View Post
Extell's new hotel will rise between 5th and 6th and will run from 47th to 48th.


https://therealdeal.com/2020/11/23/e...otel-official/

Think that link is broken...


https://therealdeal.com/2020/11/23/e...otel-official/

Extell makes its Diamond District hotel official
Developer filed plans for 534-room hotel on West 48th Street






November 23, 2020
By Sasha Jones


Quote:
Hotels have faced their fair share of trouble during the pandemic, with some defaulting on their loans and others shutting down for good. But Extell Development is pressing on with its plans for a huge Midtown hotel regardless.

The development firm has filed a permit application with the city’s Department of Buildings for a 168,897-square-foot hotel at 32 West 48th Street in the Diamond District.
Quote:
Extell has been working on the hotel project for several years now, and closed on the four-story former home of the Plaza Arcade diamond mini-mall in 2018 for $40 million. The company also snapped up the air rights for several adjacent properties, with the goal of building a huge hotel that would connect West 47th and 48th Streets.

According to the plans on file with DOB, the hotel will stand 33 stories, or 456 feet. Retail space will be available in the cellar and ground floor of the new building, along with a lobby and a fitness center. Rooms will start on the fourth floor through the 30th floor. SLCE Architects is listed as the architect of record.
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Old Posted Nov 27, 2020, 3:29 AM
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Plaza Arcade

When I worked in Rockefeller Center I used to go for the best falafel in the city on the 48th Street side of the Plaza Arcade shown in the photo above. I am guessing the dining experience in the new Extell Hotel will be considerably more upscale.

Does anyone know who will operate the hotel?
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Old Posted Nov 28, 2020, 3:42 PM
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Extell Files Permits For 31-Story Tower At 32 West 48 Street In Midtown, Manhattan



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Permits have been filed for a 31-story hotel high rise at 32 West 48 Street in Midtown‘s Diamond District. Located between Rockefeller Plaza and Sixth Avenue, the interior lot is half a block east of the 47-50 Streets-Rockefeller Center subway station, serviced by the B, D, F, and M trains. Extell is listed as the owner behind the applications.

The proposed 456-foot-tall development will yield 213,158 square feet, with 168,897 square feet designated for commercial space. The building will have 534 hotel rooms, with an average unit scope of 316 square feet. The concrete-based structure will also have a cellar and sub-cellar.

SLCE Architects is listed as the architect of record.

Demolition permits will likely not be needed as the lot is vacant. An estimated completion date has not been announced.
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Old Posted Jan 23, 2022, 5:26 PM
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Excavation For Extell’s 32 West 48th Street Underway In Midtown, Manhattan





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Excavation is progressing at 32 West 48th Street, the site of a 31-story hotel tower in Midtown, Manhattan’s Diamond District. Designed by SLCE Architects and developed by Extell, the 456-foot-tall structure will yield 213,158 square feet and 534 hotel rooms. N47 Associates LLC is stated as the owner and AECOM Tishman is the general contractor for the project, which is located between Fifth and Sixth Avenues, directly south of the Rockefeller Center complex. Ancora Engineering was the engineer of record for the previous demolition and current excavation.

The new hotel development will contain 168,897 square feet designated for commercial use, with each guest room expected to measure around 316 square feet. There will also be a cellar and sub-cellar below street level. The main rendering depicts a fairly orthodox-shaped tower set back from a multi-story podium, and a minor cantilever on the western elevation. The building is shown clad in a glass curtain wall with a mixture of light and dark mullions with varying horizontal and vertical emphasis. Guests with rooms on the upper floors will likely have views of the Rockefeller Center to the north, as well as views of the Empire State Building and Extell’s 590-foot-tall International Gem Tower to the south.

The project is located half a block east of the 47-50 Streets-Rockefeller Center subway station, serviced by the B, D, F, and M trains.

A completion date has been posted on site for September 2024.
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Old Posted Apr 16, 2022, 1:13 PM
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Last edited by chris08876; Jan 1, 2023 at 5:30 PM. Reason: fixed
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Old Posted Apr 16, 2022, 1:18 PM
JMKeynes JMKeynes is offline
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This has a 47th St entrance as well. I’d like to see more garbage on 47th come down.
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  #10  
Old Posted Aug 19, 2022, 3:38 PM
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A “nonsense issue”: Extell Diamond District hotel mired in 18 inch dispute: Gary Barnett’s 534-key hotel is the subject of a yearslong legal dispute

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An old guard Diamond District landlord is pulling out every stop to slow Gary Barnett’s planned hotel in the jewelry mecca. His latest move is almost too bizarre to believe.

Barnett’s Extell Development plans a 534-key hotel at 32 West 48th Street which, if completed, would open up the insular community of diamond shops on 47th Street to Rockefeller Center. But the process has dragged out in court for more than three years as the Elo Organization, which owns the building next to Extell’s site, has refused the developer’s attempts to install safety precautions on its building.

The cause for the holdup: An 18-inch strip of land both parties claim to own.

Elo built its case around an obscure law known as adverse possession, which allows for a person to acquire title to land somebody else owns. In its lawsuit, Elo claims that the building Extell demolished to create its project site didn’t reach all the way to the lot line with Elo’s building. Instead, it ended 18 inches short, leaving a small gap between the two buildings.

While the gap technically sits on Extell’s lot, Elo claims it has held “exclusive occupancy” of the strip and — crucially, for Barnett’s sky-high ambitions — its air rights. Elo says that for years its building’s antennae, air conditioning units and ventilation hung over this contentious strip.

“Adverse possession is an ancient doctrine that goes back to English real estate law,” said Jeffrey Braun, an attorney for Kramer Levin specializing in land use disputes. It makes more sense in rural or suburban settings, Braun explained, where precise lot lines may not be clearly surveyed and marked.

“This guy says, ‘Because my air conditioning units have stuck out over the property line, and it’s open and it’s notorious and you never really gave me permission to do it, I now own the air that my units occupy,’” Braun said. “These are the kinds of nonsense issues that get litigated in an adverse possession situation.”


Extell has prevailed in court thus far. In 2019, a judge ordered Elo to let Extell into its building to install some protections while it demolished the building next door. But that order only lasted eight months, and doesn’t extend to the protections for construction.

A spokesperson for Extell said the project is moving forward.


“New York has strong regulations in place to enable development to proceed and protect against obstructionist landlords that are trying to impede progress for their own financial gain. We are not going to continue to be bullied by such landlords looking to do so,” the spokesperson said.

Another judge struck down some of Elo’s claims to adverse possession, such as its allegation based on an early twentieth century survey that its building’s foundation extended nine inches into Extell’s lot. Still, parts of the claim remain active before the court as both parties seek to consolidate their suits against one another under the supervision of one judge.

The Department of Buildings doesn’t actually require developers to get access agreements to earn work permits and start construction. That said, site safety plans still need to comply with the building code, which prescribes protections like netting and roof guards for neighboring buildings. If a construction plan includes these required protections, but the site doesn’t have them because a neighbor won’t allow access to the building, the city can shut the project down.
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Old Posted Jan 1, 2023, 5:29 PM
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Old Posted Jan 6, 2023, 2:07 PM
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Old Posted Aug 19, 2024, 4:17 PM
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Old Posted Oct 3, 2024, 6:16 PM
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