Its current HQ near Park will be largely vacant. I think it would be a nice canvass for a supertall condo.
Oh, that's right, my mistake. I'm mixing up firms.
For some reason I was thinking Blackstone, which is HQ just a block from Black Rock, was moving to 50 HY. Blackstone HQ is at 345 Park, across the street.
About that photo of 270 Park- I checked the date of that photo at its flickr link and it's dated 2008, so that would have been taken during the guts-out renovation that the building got not that long ago.
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"Prayers are fleeting and wars are forgotten, but what is built endures"
-Ambassador DeLenn, Babylon 5
“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.
Two major Midtown owners in talks for joint Park Avenue tower
By Lois Weiss
April 9, 2019
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It could be a decade away, but two major building owners are discussing a joint venture to build a new office tower on Park Avenue.
Under the plan, Vornado Realty Trust would contribute the land under its office building at 350 Park Ave. and Rudin Management its mid-block tower at 40 E. 52nd St.
Such a deal would mean demolishing the current structure and building a new tower with a nicer and larger floor plate under the East Midtown zoning rules.
Quote:
Vornado’s sits on the entire blockfront between East 51st and 52nd streets, while Rudin’s mid-block building at 40 E. 52nd St. sits right behind it with entrances on both side streets.
This is a 23-story tower with 385,000 square feet and its main tenant, BlackRock, is moving to Hudson Yards and will leave it empty in roughly four years.
Sources said the firms have already discussed leasing such a new tower to a major company — but talk is cheap.
The East Midtown rezoning has spurred similar discussions up and down Park Avenue.
Rudin and Vornado also could renovate their current properties or even take them down and rebuild separately.
Both companies declined to comment.
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“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.
Makes sense. With an expanded footprint, they could get enormous floorplates favored by financial firms.
This site has the potential for a giant supertall.
Yeah, with two developers here, they're gonna want to make it worth their while. Probably not the only teamup we'll see to get that larger footprint.
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“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.
Wow, this could be a huge potential development. Maybe we'll get to see another giant rise as soon as JP Morgan wraps up their new building.
We could be looking at Tower Fifth, another proposal in close proximity, wrapping up then as well.
__________________ 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.
This, 1 Vanderbilt, Park Fifth, 270 Park, the Grand Hyatt site and probably a few more are the start of a new skyscraper age for Midtown East. https://www.instagram.com/p/BxAS1kTHzw5/
A ~1,400 footer is just what the doc ordered! There are many places in Midtown where a truly tall office tower is the only viable pathway to the future.
Wow! Never been overwhelmed by getting so many renderings at once.
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We'll just take the height from this graphic...
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“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.
This would be some years down the road before demo could even begin...
Quote:
Vornado’s sits on the entire blockfront between East 51st and 52nd streets, while Rudin’s mid-block building at 40 E. 52nd St. sits right behind it
with entrances on both side streets.
This is a 23-story tower with 385,000 square feet and its main tenant, BlackRock, is moving to Hudson Yards and will leave it empty in roughly four years.
Sources said the firms have already discussed leasing such a new tower to a major company — but talk is cheap.
And some of the views would be very different with 270 Park and Tower Fifth being so close, but overall, I say build it. I do like it more at the street level than at the top though.
__________________ 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.
Wow! Never been overwhelmed by getting so many renderings at once.
A truly refreshing change of pace, considering the designs most towers in NYC towers, especially supertalls, stay under wraps for a while whatever reason.
A truly refreshing change of pace, considering the designs most towers in NYC towers, especially supertalls, stay under wraps for a while whatever reason.
Yes! We still don't have a full Chase reveal at 270.
Anyway, a few more looks at the renders. From some of the details, it looks a lot like Foster & Partners work at 425 Park, and some of the things we are beginning to see with 270. If So, Foster would be in the process if single handedly bringing Park Avenue into the modern era.
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__________________ 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.