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Originally Posted by JMKeynes
I expect a squat 700-800' jumbo hotel.
This area doesn't work warrant hyper-expensive condos that would justify the cost of a supertall.
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Neither did 9 DeKalb in Brooklyn, but look at that rise. This is a pretty sizable lot, and Extell has shown more than anyone that they aren't afraid to build tall. I don't believe we've seen the design for what will rise here though. I expect a mixed-use tower. But I don't know if we'll be seeing new hotels for a while.
This is the site that was going to be developed by Related when Extell was pushing for the World Product Center on 34th Street (now 55 Hudson Yards). The swap was meant to be beneficial to both parties, and Extell no doubt saw a better opportunity here, while Related go to include another property in it's development (and keep Extell from using the 1 Hudson Yards name).
This is what Extell gave up...
https://skyscraperpage.com/forum/sho...36&postcount=8
https://skyscraperpage.com/forum/sho...6&postcount=20
That was the proposal for the site that would become Related's 55 Hudson Yards. We have yet to see what Barnett will do for Related's former site on 8th Avenue.
https://www.nytimes.com/2013/05/18/n...son-yards.html
Developer May Swap Land for More in Hudson Yards
By Charles V. Bagli
May 17, 2013
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There has never been a lot of love lost between the rival developers Gary Barnett of Extell and Stephen M. Ross of Related Companies.
But the two men, both prolific builders, are putting aside their differences long enough to exchange properties and money on the real estate chessboard known as Manhattan.
On Friday afternoon, the two sides were exchanging deal documents under which Mr. Ross would agree to buy a one-acre site owned by Mr. Barnett on the east side of 11th Avenue, between 33rd and 34th Streets, for an undisclosed sum, according to three people who have been briefed on the negotiations but were not authorized to discuss the agreement.
At the same time, Related Companies and Boston Properties would sell Extell a small parcel on the east side of Eighth Avenue, between 45th and 46th Streets, where Related and Boston had once wanted to build an office tower.
.....Mr. Barnett and a partner have long owned the parcel just north of the rail yard, at the corner of 33rd Street and 11th Avenue, where Mr. Barnett wanted to build his own 56-story office tower, called One Hudson Yards.
Mr. Barnett had stymied Related’s plan to build an office tower at the Eighth Avenue property. He leads a group that owns an adjoining parcel, where they could now build an even larger tower.
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