3 August 2011
NY Post
By Lois Weiss
http://www.nypost.com/p/news/busines...gb7Zz5wR1dzJ/1
As Post colleague Steve Cuozzo reported yesterday, CIM and Harry Macklowe are making headway in buying out the retail townhouses along the East 57th Street side of the Drake Hotel site.
But it looks like no one is waiting to start working on the site.
Back in May, plans were filed for a new, six-story building designed by SLCE that skirts the townhouse issue by being erected along the rear and vacant 56th Street side and onto Park Avenue. This layout includes retail stores, a lobby, loading docks and cellar levels.
Those plans, however, have not yet been given a green light by the Buildings Dept., and it is unclear if that interim plan, which was likely a "base" for the 70-story skyscraper designed by Raphael Vinoly, will ever be implemented.
No matter, as
Macklowe is expected to make a "major" announcement regarding the site come September. Stay tuned.
Read more:
http://www.nypost.com/p/news/busines...#ixzz1TxjnCaxK