This is sailing through the approvals process (no surprise there) as everyone agrees on the need. We've gone through the Community Board's and Borough President's phase, now its on to City Planning.
But if you still want to here some griping about the heights of the towers, forward to about the 46 minute mark. Someone who I assume lives in a bubble is astonished at the 4 msf scale and heights of the office complex.
“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.
“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.
But will Tower 1 necessarily be 1,346 feet tall, or could it be built higher and with a different shape?
It will be whatever you wish it, if you want it hard 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.
Feds support Midtown Bus Terminal makeover with $1.89 billion loan
By Barbara Russo-Lennon
January 14, 2025
Quote:
The Port Authority’s Midtown Bus Terminal is continuing its transformation journey, now with some major help from the federal government.
The U.S. Department of Transportation (DOT) announced on Tuesday that it has loaned the Port Authority of New York and New Jersey $1.89 billion to revamp and modernize the interstate agency’s bus terminal in Midtown, Manhattan. The loan will help fund the construction of bus storage, staging facilities, new ramps accessing the nearby Lincoln Tunnel and a 3.5-acre green space.
The announcement comes after the Port Authority received final and complete federal and city approval to proceed with the transformation project on Dec. 4, 2024. Construction will begin this year, Port Authority officials said.
The renovation projects are part of the first phase of the $10 billion plan for a new, 2-million-square-foot space for the 74-year-old bus hub. Port Authority capital is also funding the makeover, as future phases will also use revenue from future commercial development rights including NYC PILOT contributions.
The loan was listed here with some other NY projects seeking a loan, including 175 Park Avenue.
__________________ 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.
Just for the record, the 3rd tower will in fact be at 360 10th Avenue. From the 360 thread....
Some more details on the City and Port Authority's agreement to include 360 10th Avenue into the broader Bus Terminal redevelopment, via PILOTS that will go to help pay for the new terminal.
I should point out that this is a random massing for the purposes of study...
It now appears that the site could be expanded, or increased to a total development of more than double the 1 msf.
__________________ 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.
Port Authority breaks ground on $10B bus terminal revamp
Caroline Spivack
May 29, 2-25
Quote:
After years of stops and starts, the Port Authority of New York and New Jersey on Wednesday put shovels in the ground on a $10-billion project to transform Midtown's notoriously run-down bus terminal into a spacious, modern travel hub.
The project will reimagine the 41st Street facility between Eighth and 10th avenues with gleaming new structures that will expand the bus terminal’s capacity, add ground-floor retail and a new park on Dyer Avenue.
Quote:
A new main terminal building on Eighth Avenue will come with five stories for buses to travel in and out of, while a building on 40th Street between Ninth and 10th avenues will store as many as 350 buses — up from the current 50 — to keep coaches from clogging local streets.
The existing, 74-year-old bus terminal was not only designed for fewer travelers but smaller buses. Modern buses are typically 45 feet long and 102 inches wide, which can cause operational issues at the current terminal. Serving bigger buses more efficiently means more space and bigger structures. To that end, a sprawling new helix-shaped ramp will connect Lincoln Tunnel to the bus terminal, stretching the existing footprint of the facility along 40th Street to 10th and 11th avenues.
Quote:
The new storage building, ramps and park space are set to be complete by 2028, while the main terminal building is expected to be operational by 2032, according to the Port Authority.
Paying for the project is no easy task. The Port Authority wants to sell rights to a developer to build two skyscrapers over the main terminal on Eighth Avenue. Revenue from a third tower will also support the project; that building will be built on Port Authority-owned land bounded by West 30th and West 31st streets and ninth and 10th avenues near the Lincoln Tunnel.
The Adams administration agreed last year to commit 40 years of property tax revenue from the would-be commercial towers — up to $2 billion — to help finance the new bus terminal. Another $1.9 billion to pay for the project is coming from a loan awarded by the U.S. Department of Transportation in January. The Port Authority intends to foot the remainder of the bill.
__________________ 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.
^ now that is very fresh news thx — so glad to see smooth sailing with big public projects around here for a change lol.
Yeah, it helps that this is all being built on Port Authority land. Frankly, there's more they could build in that area if the moved ahead and built over all of the tunnel access points. That would go a long way towards stitching that neighborhood together. And people really want to erase the eyesore that is the current bus terminal. It's too bad that we have to wait until the other portion is built before the main terminal can be torn down and rebuilt. But that's the only way to do it.
__________________ 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.
Port Authority bus terminal replacement OK’d by city planners – but ‘long overdue’ makeover could take a decade
By Nicole Rosenthal
Oct. 16, 2024
Quote:
The Port Authority bus terminal in Midtown finally got the greenlight for a $10 billion “eyesore to eye-popping” transformation Wednesday – but it could take a decade to see major changes.
The City Planning Commission unanimously voted to approve the revamp – which would turn the blighted 1950s-era intrastate stop into a spacious, bright transit hub.
“Even with multiple renovations, the 74-year-old terminal is too old and outmoded to continue effectively serving commuters,” commission Chair Daniel R. Garodnick said prior to the vote. “It struggles at times to handle its current ridership, and we expect ridership to continue to grow into the future.
“It’s far past time for a replacement,” he added.
Quote:
The terminal would also get two commercial towers, new retail space and electric charging capabilities. As part of the plan, Midtown West would get wider sidewalks, improved lighting and a new 3.5-acre public open space that will offer a “sorely needed respite in one of the city’s most bustling neighborhoods,” Garodnick said.
“With this truly transformational replacement plan, we can ensure this hub takes its place among our city’s great infrastructure projects and has the capacity to serve New York City’s residents, those who live in neighboring states and those who visit from throughout the country for decades to come,” the chair added.
Up to $2 billion of the project’s cost would be offset by 40 years of tax revenue from the three potential commercial developments, Mayor Eric Adams announced earlier this year. The project will also include Port Authority capital funding for a “significant portion of the cost,” a Port Authority spokesperson said, as well as federal loans, development rights and more.
Quote:
It will take more than halfway to 2040 to complete the first two phases of construction, according to documents filed by the Manhattan borough president’s office in August. Phase 1 – the construction of a five-story bus storage and staging facility from Ninth Avenue to Tenth Avenue between West 39th and West 40th streets – is slated to take place from early 2025-28.
That facility would house upwards of 350 buses and keep them off the street during parking and waiting times.
Phase 2, which will consist of the demolition and construction of the new 2.1 million-square-foot main bus terminal, is projected to last from 2029-32, per the documents. During the construction, the storage and staging facility will serve as a temporary bus station.
An atrium entrance on West 41st Street and Eighth Avenue is also poised to beautify Midtown as part of the project.
__________________ 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.
Project to Replace Midtown Bus Terminal Approved Unanimously by New York City Council Through City’s Uniform Land Use Review Procedure (ULURP)
November 21, 2024
Quote:
Port Authority Chairman Kevin O’Toole and Executive Director Rick Cotton released the following statement this evening regarding ULURP approval of the project to replace the Midtown Bus Terminal:
“We greatly appreciate the hard work and support of the New York City Council in helping to move this critical project forward. From the start of this project, we have been committed to working with local elected officials and community leaders – including Councilman Bottcher, Congressman Nadler, Senator Hoylman-Sigal, Assemblyman Simone, Borough President Levine and Community Board 4 – to design a new bus terminal that meets the needs of both the local communities and commuters. Today’s positive vote by the City Council marks another important step toward achieving those objectives.”
__________________ 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.
Even though it's a PA project I feel like an effort should have been made to roll the construction of the (7) infill station at 10 Av into this megaproject to take advantage of economies of scale and get it done while everything is dug up anyway. Terribly shortsighted by the city and MTA. It would have been awesome to see both the station and the bus terminal open at the same time.
Do we know if there will be provisions built into the 9 Av base of the PABT for the future station connection?
Do we know if there will be provisions built into the 9 Av base of the PABT for the future station connection?
There's been no talk of it. Remember, the 7 Line extension was a project of the city, even though it was built by the MTA. It was never a priority of the MTA, and the city (via Hudson Yards) is paying for it. The MTA is crying poor over all of the other projects its trying to undertake, so it's really up to the city to get anywhere with that station. If there's a will, there's a way. But there doesn't seem to be any will.
__________________ 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.
I heard that the new PA Bus terminal might have to be scaled back if the incoming administration decides to not approve federal funding for its construction.
That would be super unfortunate, crossing my fingers
I heard that the new PA Bus terminal might have to be scaled back if the incoming administration decides to not approve federal funding for its construction.
It's a $1 billion dollar loan, but it's the Port Authority. They'd find another way to close that gap.
Officials said they’ve already applied for the loan — valued at $1 billion — and that it is crucial to pay for the project,
.....“We are optimistic that we should be able to close on the loan in a timely manner,” Hersh Parekh, deputy chief of intergovernmental affairs for the Port Authority, said at a New York City Council zoning committee meeting on Tuesday. “If the loan does not pan out in the way that is needed for this project, we will have to take a look at the funding plan and take a look at the project and likely make some very hard decisions about it.”
The loan, alongside $3 billion approved in the Port Authority's current 10-year construction plan, would jumpstart the first phase of the new bus terminal. Officials said they expect work to begin as early as next year.
The Midtown bus terminal replacement is slated to cost $10 billion, with the new facility estimated to open to the public by the end of 2032.
Of the $10 billion, $2 billion would come from the city (the office towers) and the rest from the PA.
__________________ 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.
Those are three potentially huge towers. Hope they're all built to maximum size.
More for the pipeline. Current proposals should be built by then.
__________________ 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.
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