Quote:
Originally Posted by Zapatan
One Vanderbilt is 1.75 MSF with very high ceilings and a lot of vanity height. I hope this tower ends up being a lot more than 2 MSF, or at least a lot skinnier than Vanderbilt to pull that off.
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Keep in mind, that's gross sq ft, not the actual zoned sf, which is closer to 1.5 msf of floor space.
Quote:
Originally Posted by pianowizard
Unfortunately, as a hotel this is going to have much lower ceilings than 1 Vanderbilt, and while a few hotels do have a lot of vanity height (e.g. Burj Al Arab), usually they don't.
For all these reasons, my prediction is this will be shorter than 1 Vanderbilt. I hope I am wrong!
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The hotel component will be a small portion of the tower, that's why it's being drastically reduced in size from what's there now. And of course, it's the way the city zoned it. After all, they didn't go through the trouble of putting this zoning in place to build hotels, far from it. Hotels are restricted in the area. But this is a complicated site. It's leased from the MTA, the hotel is somehow transferring that to the developers. So of course they should still have a seat at the table. Of 2 msf, if we get 200,000 sf of hotel, retail would likely be less than 100,000 sf. That still leaves more space than all of Vanderbilt. So, consider it Vanderbilt placed on top of a hotel. And as they've said, One Vanderbilt is exactly the type of tower they are trying to build. Which would give it excessively high ceiling to attract the top of the market.
But the amount of square footage doesn't always play in the height. 343 Madison Avenue will fall just short of 1 msf, yet will rise to nearly 1,100 ft. The Tower Fifth proposal will have just over a msf, but would rise higher than 1,500 ft.
Quote:
Originally Posted by BXFrank
I see a trend of only residential towers competing for height to sell “better views”, I don’t see the benefits of office/hotels competing for height, in my opinion.
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It really makes no sense for office towers to be that high. Mixed-use, where you could put hotel and condos above the offices would work better for buildings exceeding that height. But really, it all comes down to design.
Something like that wouldn't shock me at all. This will be another trophy tower, and the location calls for something special. We're in a new age of skyline changing, something like the 20's/30's, where some of the towers that were built are still considered icons, and just when one was built, another seemed to top it. It's a lot of fun, and I'm enjoying the ride. I don't know if you'll see 1,700 ft here, but it will be an epic tower whatever it is. And then we'll put our eyes on the Empire Station district to see what comes up there.