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  #1  
Old Posted Dec 4, 2018, 12:10 AM
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^ Of all those buildings that line Park Ave, 245 is the one I like the least.


Meanwhile, this comparison gives us an idea of how much larger the footprint of the new tower will be over the existing one.














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  #2  
Old Posted Dec 4, 2018, 12:40 AM
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Even 245 would look good with a reclad. I'd keep the color scheme, but there's lots of things that could replace the brick- anodized metal and tinted glass would give it a fresh update. 277's still owned by the company that originally built it in 1964- Stahl. I think they're proud of it and want to keep it around. It's got work planned for its plaza and base. Once Chase moves out, we might see some newly vacant areas turned into amenity space- it's huge "tail" section with roof decks would be great for that kind of adaptation. 345 is another one I see sticking around- it's 100% leased at the moment, and has kept some of its tenants since the day it was opened back in 1969. 399 has just gotten a reclad, and I think more work is ongoing, and Fisher Brothers plans to give 299 a good going over too. (On my last visit, I noticed that its skin looked really dull in places compared to its twin, 1345 6th Avenue- apparently that's going to be dealt with).
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  #3  
Old Posted Dec 4, 2018, 4:24 PM
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As we are gearing up for the beginning of the end, some looks at the current tower...


https://www.gettyimages.co.uk/detail...photo/94827702














































































"It's gonna be a big one, folks. Foster really delivered for us."


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Old Posted Dec 4, 2018, 6:28 PM
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http://a810-bisweb.nyc.gov/bisweb/Jo...ssdocnumber=01

Quote:
12/04/2018

INSTALLATION OF CAISSONS AND PILE CAPS AS PER PLANS FILED HEREWITH.
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  #5  
Old Posted Dec 5, 2018, 6:39 AM
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Those Christmas decorations on 299 Park Avenue are adorable. I suspect 270's lobby looks pretty sad this holiday season

And yes, I've greatly enjoyed getting to know the skyscrapers of the international era. They've got a lot going on, to anyone who actually looks.
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  #6  
Old Posted Dec 6, 2018, 4:17 AM
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Quote:
Wednesday evening, the bank presented its argument to a Manhattan community board, which voted against the proposal.
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  #7  
Old Posted Dec 6, 2018, 6:56 AM
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^ The boards are never happy. I think it's a belief that their purpose is to say no on so many things. I can't think of a single proposal the community boards were happy with.



Anyway, we've already seen the massing of this tower (pretty much the same in both versions). It's the details that will make or break this tower. As an addition to Park Avenue by Foster, I like to think 425 is an indication of the quality of design we will see. 270 Park will be a much more massive tower, but it won't be overbearing with a good, clean design.















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  #8  
Old Posted Dec 6, 2018, 8:57 AM
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So, what version of the tower will be built, the 1,400-ft one or the 1,500-ft one?
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  #9  
Old Posted Dec 6, 2018, 2:35 PM
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Originally Posted by Sky88 View Post
So, what version of the tower will be built, the 1,400-ft one or the 1,500-ft one?
Nobody knows exactly what's getting built.
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  #10  
Old Posted Dec 6, 2018, 5:32 PM
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Quote:
Originally Posted by NYguy View Post
^ The boards are never happy. I think it's a belief that their purpose is to say no on so many things. I can't think of a single proposal the community boards were happy with.



Anyway, we've already seen the massing of this tower (pretty much the same in both versions). It's the details that will make or break this tower. As an addition to Park Avenue by Foster, I like to think 425 is an indication of the quality of design we will see. 270 Park will be a much more massive tower, but it won't be overbearing with a good, clean design.















Yes! Something like this with a clean but unique design and not a flat top but again something distinctive nice and clean for such a tall tower.
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  #11  
Old Posted Dec 7, 2018, 1:39 AM
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Yes! Something like this with a clean but unique design and not a flat top but again something distinctive nice and clean for such a tall tower.
I hoping for something as nice, but I've accepted that it may be a flat topped tower. Every indication is that it will be, though it may not be a typical flat roof. We'll see. I wonder how much more, if anything, they revealed to the community board. I would have been more upset about that than 3,000 square feet.
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  #12  
Old Posted Dec 7, 2018, 2:14 AM
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I'd be shocked if it looks much different from the "massing models." A façade like 425 Park's doesn't comport with the International-style that Norm is fixated on.

I'd be pleased with either of the "massing models."
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  #13  
Old Posted Dec 7, 2018, 2:29 AM
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Not sure why we're getting worked up on the CB decision. Midtown is littered with BAD indoor public pops, and these developers did not make a good pitch at selling theirs. The simple fact is when it's public space in a building people on the street don't realize it's available to the public. In addition jpmorgan is planning on closing it for events, and it'l only be open 7am-10pm.

The space they've rendered is a glorified lobby.

Now take a look at the sony building or the IBM building, now those are wonderful interior spaces. JPmorgan needs to put the work in.

This attitude that we need to coddle one of the richest corporations in America so they can build their most efficient ideal trophy tower is absurd
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  #14  
Old Posted Dec 8, 2018, 5:41 AM
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I'm gonna catch some shit for this, but I'm with JSsocal on this one- JP Morgan wants to give us less public space than the law requires, and is offering NOTHING in exchange for it. We really don't want to get in the habit of letting developers (especially those with so much money) get away with this, or rewarding it. If they want to reduce the amount of public space they're giving us, they need to give something in return instead of just crying hardship and spilled milk because of their site. They think the original builders there didn't have a really fun time working around that train shed too? But they managed, sucked it up, and managed to put up a building.
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Old Posted Dec 11, 2018, 2:17 PM
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https://nypost.com/2018/12/11/new-yo...e-at-cipriani/

New York’s real estate titans celebrate at Cipriani

By Steve Cuozzo
December 11, 2018


Quote:
...it was appropriate that participants in the sale of air rights from Grand Central Terminal across the street to JPMorgan Chase arrived just minutes after the momentous deal — which was announced last February — finally closed last week.

The $240 million purchase speeds up Jamie Dimon’s plan for a new headquarters tower at 270 Park Ave. Several JPMorgan Chase honchos were joined by others from Michael Dell’s MSD Capital and partner TF Cornerstone, which owned 90 percent of the terminal’s air rights.
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Old Posted Dec 12, 2018, 6:04 AM
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DECEMBER 11, 2018


A walk around 270 Park, our upcoming deconstruction and construction zone...


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  #17  
Old Posted Dec 12, 2018, 8:16 PM
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Credit: JC_Heights
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  #18  
Old Posted Dec 13, 2018, 11:40 PM
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Is this yet another air rights purchase? I can't even keep track any more.

https://therealdeal.com/2018/12/13/j...-for-270-park/
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  #19  
Old Posted Dec 13, 2018, 11:52 PM
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Originally Posted by JMKeynes View Post
Is this yet another air rights purchase? I can't even keep track any more.

https://therealdeal.com/2018/12/13/j...-for-270-park/


These are the air rights currently being used.


Quote:
The bank bought 666,766 square feet of development rights, 1,234 square feet less than what was expected based on the company’s application to the city in September. JPMorgan paid $208 million to Grand Central’s owners, TF Cornerstone and MSD Capital, according to documents filed on Thursday with the city’s Department of Finance.

Sources familiar with the deal said JPMorgan had the option to buy the additional 1,200-plus square feet of air rights but didn’t need to for its Park Avenue project.

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  #20  
Old Posted Dec 14, 2018, 12:07 AM
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Lieber said the MTA was working with JPMorgan "very collaboratively to resolve the issues of how to configure that structure and make sure it doesn't impact on our budget and schedule."

Lieber said the bank would reimburse the MTA for any design and consulting expenses incurred in evaluating how to accommodate the new tower.

It was not immediately clear if JPMorgan will have to modify the 72-story, Foster + Partners-designed building by of lopping off some of its upper floors to reduce its floor area. Larger towers generally require deeper footings to anchor them and reducing the project's size could make it easier to build without encroaching on East Side Access.

They aren't going to reduce the size of the project. They're all professionals, everyone involved, they know how to get it done.


Quote:
JPMorgan representatives described the complexity of the site, stating that the bank will be forced to use many of the current footings for its existing tower as the foundation for its new spire because the web of train tracks and other infrastructure below ground left little to no room for additional or alternatively-located pilings.
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