I’m elated that the design will change. When this tower is complete, Fifth Avenue’s Cinderella-esque transformation should also be complete. Fifth Avenue is going to be absolutely stunning!
The Post. I can envision it staying the same basic design but growing ten to fifteen stories taller.
Quote:
And Simpson Thacher snagged the lower portion of Gary Barnett’s 570 Park Ave. — which, sources said, is being redesigned into a larger, 1.6 million-ish square feet to accommodate the law firm’s growth and attract other tenants that will pay more for the top of that tower.
Could hardly see into the pit, but they are noisy enough...
__________________ NEW YORK is Back!
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
Please provide the maximum depth of the proposed excavation relative to grade level/project datum.
327 Feet (NAVD88)
__________________ NEW YORK is Back!
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
The NYP is garbage, but they should, at least, proofread their articles.
Quote:
And Simpson Thacher snagged the lower portion of Gary Barnett’s 570 Park Ave. — which, sources said, is being redesigned into a larger, 1.6 million-ish square feet to accommodate the law firm’s growth and attract other tenants that will pay more for the top of that tower.
St. Thomas is too far to be able to transfer air rights to this lot, even with City of Yes updates to air right transfers.
Quote:
Originally Posted by Crawford
Great news! Hopefully the redesigned tower is at least a near-supertall.
This will be a much bigger tower, with basically twice the office space as before.
Yeah, those air rights are too far removed to apply here. Extell previously was going for a transit improvement bonus for the larger tower, and they may just do that. I also believe if Extell does get the Park Avenue site, it would likely be office as well.
From the original plan,,,
__________________ NEW YORK is Back!
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
So would they have to go through the approvals process to build the larger tower that Lois alluded to?
Yes, but because they aren't seeking a residential and hotel development, they may only need certification for the transit improvement bonus, like Related is doing at 625 Madison. It's not full ULURP.
__________________ NEW YORK is Back!
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
Yes, but because they aren't seeking a residential and hotel development, they may only need certification for the transit improvement bonus, like Related is doing at 625 Madison. It's not full ULURP.
Interesting. If it's that straightforward, I wonder why they didn't do that in the first place.
Based on TK's comments, I assume that the enlarged tower will look like the roughly 850 foot office tower that was shown initially at the community board presentations.
nice it will be taller, but i like it because the render gives off quality materials vibes and that is what really makes an office tower moreso than height or style. what always interests me most in major new construction is when they first bring around the cladding and glass on site and i can go take a good look and suss that out.
I think they’re deeper than that now. I could be wrong.
__________________ NEW YORK is Back!
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
570 Fifth Avenue will be a 1,000,000-square-foot mixed-use commercial building
The proposal has lost a half million sq ft, as the larger versions of the tower never completed the approvals process. The smaller tower will be easier to fill, which makes moving forward on spec make better sense.
__________________ NEW YORK is Back!
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
Prev
Hybrid Mode