NEW YORK | 520 5th Ave | 1,002 FT | 76 FLOORS

[yankeesfan1000]

Hard to imagine something 200+ feet taller than 500 Fifth right there. And then One Vanderbuilt is a block or so away.

[ILNY]

[NYguy]

The chance to build something new on this stretch of 5th Avenue is very rare. It's a prime location, and I wonder how it is that Donald Trump is missing out on all of this activity in the city. Maybe the fire is gone.

[chris08876]

^^^

True, he is missing out on the current boom. Granted Trump Soho was a success, but that was 2006. I'm surprised he hasn't build something prominent during the great boom of 2014. Guess he's to busy building in Dubai versus his hometown.

[Busy Bee]

Originally Posted by chris08876

^^^

True, he is missing out on the current boom. Granted Trump Soho was a success, but that was 2006. I'm surprised he hasn't build something prominent during the great boom of 2014. Guess he's to busy building in Dubai versus his hometown.

He's too busy hanging out with fascists and being a buffoon on television.

[NYguy]

You could've been a contender Donald! lol



http://www.trumpinternationalrealty.com/leadership/



Seriously though, that they didn't jump on the "Central Park" bandwagon is a head scratcher. I know it's all about acquisitions, but still. I think Trump Tower somewhat transformed that stretch of 5th Avenue. This tower is planned for a less glitzy stretch of 5th Aenue.

But could it be the "Trump Tower" of this decade?


• Video Link

[NYguy]

Approximate mark on the skyline...

[NYguy]

We've been very excited about the various supertall towers planned in the city, but very quietly the number of 900 footers - under construction and planned - has been growing. A decade ago, just one of these towers would have brought about the enthusiasm of a supertall.

Meanwhile, it's possible that the mechanical floors above will push this one above the 920 ft mark.

[hunser]

Originally Posted by NYguy

We've been very excited about the various supertall towers planned in the city, but very quietly the number of 900 footers - under construction and planned - has been growing.

Well, I've noticed it (but I'm a sucker for numbers, hence the supertall thread).

#900 footers:

1. One Manhattan West, 995ft (303m), prep
2. Four World Trade Center, 977ft (298m), com
3. 70 Pine Street, 952ft (290m) [roof 848ft / 258m], com
4. 220 Central Park South, 950ft (290m), u/c
5. 101 Murray Street, 950ft (290m), prep
6. SNCI NYC Tower, 950ft (290m) [Stale Proposal], vis
7. 30 Park Place, 937ft (286m), u/c
8. One Madison Avenue, 937ft (286m) [Stale Proposal], pro
9. 40 Wall Street, 927ft (283m) [roof 900ft / 274m], com
10. 520 5th Avenue, 920ft (280m), pro
11. Citigroup Center, 915ft (279m), com
12. Hudson Yards, 912ft (278m), u/c
13. 425 Park Avenue, 905ft (276m), pro
14. 281 5th Avenue, 900ft+ (274m+), pro
15. 3 West 29th Street, 900ft+ (274m+) , pro
_______________
Total: 15

A decade ago, just one of these towers would have brought about the enthusiasm of a supertall.

A decade ago? Make that 5 or even 4 years.

[NYguy]

Originally Posted by hunser

A decade ago? Make that 5 or even 4 years.

Five years ago we were already in supertall mode. But those 900 footers could be tallest buildings in many cities. I can remember when the NYSE tower, at 900 ft, was going to be a major addition. I can also remember the earlier version of Bloomberg that would have topped 900 ft. Those were exciting times, but now, I don't know if we would be as excited to get those proposals. Not that we're NOT excited, but there's a lot on the plate now. Anyway, I'm looking forward to see what this tower ultimately will bring to the skyline.

[NYguy]

http://www.crainsnewyork.com/article...es-draws-crowd

Hot market for building sites draws crowd
Four development properties, where towers as high as 1,000 feet can be built, have hit the market in recent days.


BY DANIEL GEIGER
JANUARY 12, 2015

Leading the charge is real estate investor Joe Sitt, who is seeking a buyer for 520 Fifth Ave., a big development site on the corner of West 43rd Street that he had planned to use as the launchpad for a property combining retail, hotel and residential space.

Mr. Sitt’s firm, Thor Equities, spent the past year demolishing the existing building on the site, readying the parcel for development. About 350,000 square feet can be raised at the corner location, which is expected to sell for $350 million or more. Andrew Scandalios, a senior broker at HFF, is leading a team that is marketing the property to local and international buyers.

[NYguy]

Sold or not, it will be ready to go...


http://a810-bisweb.nyc.gov/bisweb/Jo...ssdocnumber=01

01/14/2015

SUPPORT OF EXCAVATION WORK FILED IN CONJUNCTION WITH APPROVED NEW BUILDING APPLICATION

[chris08876]

Credit: iamtheSTIG @ http://www.skyscrapercity.com/showpo...1&postcount=39

[NYguy]

Not sure what's going on with this site. I haven't noticed any excavation, though they did file.


Here's a new filing...

http://a810-bisweb.nyc.gov/bisweb/Jo...ssdocnumber=01

03/12/2015

APPLICATION FILED FOR BUILDERS PAVEMENT PLAN AS PER PLANS. FILED IN CONJUNCTION WITH NB# 121323923.

[ILNY]

^ There is not even excavation equipment on site. Is there any time limit before they have to start excavation after they filed?

[NYguy]

Originally Posted by ILNY

^ There is not even excavation equipment on site. Is there any time limit before they have to start excavation after they filed?

Not sure, but that permit was granted in January.

The bigger question is whether or not Thor will build as planned or sell:

Mr. Sitt’s firm, Thor Equities, spent the past year demolishing the existing building on the site, readying the parcel for development. About 350,000 square feet can be raised at the corner location, which is expected to sell for $350 million or more. Andrew Scandalios, a senior broker at HFF, is leading a team that is marketing the property to local and international buyers.

[Surrealplaces]

Originally Posted by NYguy

The chance to build something new on this stretch of 5th Avenue is very rare. It's a prime location, and I wonder how it is that Donald Trump is missing out on all of this activity in the city. Maybe the fire is gone.

Definitely lost his hair

[NYguy]

Originally Posted by Surrealplaces

Definitely lost his hair

If this prime location is indeed up for sale, it wouldn't shock me to see Trump swoop in, even if he's been absent the NY scene. But whatever the case, I expect something to move forward. We see with 125 Greenwich St, a change of hands barely slows down development right now.

[Submariner]

Originally Posted by Surrealplaces

Definitely lost his hair

A good friend of mine is in senior leadership at one of the largest private equity firms in the world - his assessment is that Trump doesn't have the money or the respect Silverstein, Cos, Barnett, etc do. If he did, Trump would be behind 111w 57th street, or 220 CPS, etc.

I will admit, though, I really like his development on the upper west side.

[NYguy]

^ I don't know that Trump would need it. He gets things done, and not all of the developers in action now have a highe "prestige" so to speak.