Posted Dec 7, 2021, 1:10 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,910
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https://www.wsj.com/amp/articles/bla...er-11638882002
Black Developer Aims to Build New York’s Tallest Skyscraper
By Anne Kadet
Dec. 7, 2021
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An architecturally ambitious skyscraper proposed for Manhattan’s West Side would be by one measure the tallest in the Western Hemisphere, and a property its Black developer hopes would be symbolic.
The project known as Affirmation Tower is a 2 million square-foot, $3.5 billion development planned for a 1.2-acre plot of state-owned land facing the Jacob K. Javits Convention Center. It is one of a number of proposals that New York state’s Empire State Development Corporation is considering for the site.
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Designed by Sir David Adjaye, a Black Ghanaian-British architect, the tower would be developed, built and largely funded by a team of Black-owned companies. The partners said they would award a significant share of the construction work, exceeding the 30% suggested by the state, to minority- and female-owned contractors.
The office space could attract a mix of minority entrepreneurs and the global businesses that are increasingly seeking high-end office space on the city’s West Side, Mr. Peebles said. The local offices of the NAACP would be among the first tenants.
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At 1,663 feet, the 90-story building would be taller by floor height than One World Trade Center, but shorter by spire height. Mr. Peebles said this was done out of respect. “Nearly 3,000 people lost their lives there, so we have to be mindful of that,” he said.
Mr. Peebles’s partnership faces tough competition for the rights to the site. It occupies one of the few remaining parcels of undeveloped Manhattan land. The once-forlorn far West Side has been booming in recent years with huge office, retail and residential projects from the big real-estate companies Related Cos., Brookfield Properties and others.
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The state’s call for proposals in March has sparked interest from major developers. Brookfield, Related, Rockrose Development Corp. and Tishman Speyer were among those sending representatives on a site tour, according to state documents. The Empire State Development Corporation declined to comment on when it expects to select a winner.
It is an attractive opportunity, said Jonathan Miller, president and CEO of Manhattan-based real estate appraisal and consulting firm Miller Samuel Inc. “It’s not an outlier, it’s the next location,” he said of the site.
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