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  #41  
Old Posted Jan 15, 2012, 7:57 PM
Crawford Crawford is offline
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I don't understand why this thread was moved. The project was never cancelled. Its been in litigation for the past 2+ years, and now Rosen has control again.

This thread should be in "Highrise and Supertall Proposals", IMO. Especially now that Rosen has control, litigation is cleared, and the project can go forward.
     
     
  #42  
Old Posted Jan 15, 2012, 8:06 PM
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The only reason Norman Foster didn't design a taller tower before was because it didn't fit with the Seagram Building, when looking from Park Ave. But with a new developer we could have either a taller or shorter building.
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  #43  
Old Posted Mar 14, 2012, 3:07 PM
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http://www.nypost.com/p/news/busines...tNZjDu2Aw7M4vL

By Lois Weiss
March 14, 2012

Quote:
In what we hope will be a first step towards a new, classy skyscraper, Aby Rosen and Michael Fuchs have recapitalized their major 610 Lexington Ave. stalled development site and modified a loan with RCG Longview.

Documents show RCG Longview, a nimble funding group founded by Peter Cohen, Jeffrey J. Feil, Jay Anderson, Jonathan Estreich, Michael Boxer and Mort Olshan, took over what was a $66,395,143 loan from ING.

Before it went belly-up, the original lender, Lehman Bros., had grown several loans to $145 million prior to ING taking over. RCG further reconstituted a mezzanine loan, leaving RFR owing a mere $64,735,264. RFR also transferred the property to another entity with a value of $78,041,438.

After Lehman and the markets tanked, a deal with Shangri-La hotels to anchor a towering new luxury condominium project faded into the vacant lot.

In an e-mail, an RFR spokeswoman said the company bought back the 610 Lexington Ave. note and is starting to redevelop the site as a hotel and residential condominium development, as previously planned.“Currently we are going to market to source an appropriate hotel operator,” she said.
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  #44  
Old Posted Mar 14, 2012, 3:29 PM
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It's back from the dead, yeah!
Great news.
     
     
  #45  
Old Posted Mar 14, 2012, 4:30 PM
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Great news, thanks for posting, another project killed by the economy is grumbling back to life.

Sounds like they're going with the previous design, which was pretty dull outside of the height. But a 700+ footer is fine by me.
     
     
  #46  
Old Posted Apr 3, 2012, 3:01 AM
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Could someone change the status of this project from cancelled to proposed?
     
     
  #47  
Old Posted Apr 6, 2012, 3:48 AM
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Looks like the mechanical (elevator) room will be the 66th floor...
http://a810-bisweb.nyc.gov/bisweb/BS...de=SC081014602

Also shown here....
http://skyscrapercenter.com/CTBUH_Bu...et.php?id=1310
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NEW YORK heals.

“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
     
     
  #48  
Old Posted Apr 6, 2012, 11:18 PM
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  #49  
Old Posted Sep 12, 2012, 6:16 PM
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I can t understand why they only build boxes
     
     
  #50  
Old Posted Sep 13, 2012, 12:21 AM
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They are starting on this one very shortly, I believe. Hopefully within a few weeks.

They interviewed for certain construction positions back over the summer. I remember Wired New York also posted some of the construction bid documents a while back.
     
     
  #51  
Old Posted Sep 13, 2012, 2:02 AM
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Quote:
Originally Posted by TowerVerre:) View Post
I can t understand why they only build boxes
it's a nice box though, and this will be rising not too far away, which deserves to draw the eye.

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  #52  
Old Posted Sep 25, 2012, 6:58 PM
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http://wirednewyork.com/forum/showth...t=5616&page=26
Quote:
Scaffolding and other detritus was brought in via rental truck this evening. First activity on this lot in years.
According to EastMillinocket of Wired New York, there was activity on site today.
     
     
  #53  
Old Posted Sep 25, 2012, 7:12 PM
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^^

Apparently the tower went out for bid in August and will be 704 feet. Site's far too prime to sit around idle.
     
     
  #54  
Old Posted Sep 26, 2012, 1:44 AM
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Quote:
Originally Posted by yankeesfan1000 View Post
^^

Apparently the tower went out for bid in August and will be 704 feet. Site's far too prime to sit around idle.
Wow... Nice news. 704 feet? Good, at least not decreased much.
     
     
  #55  
Old Posted Sep 26, 2012, 2:49 AM
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Originally Posted by reencharles View Post
Wow... Nice news. 704 feet? Good, at least not decreased much.
It's the exact same design, and exact same height. Just a different measurement, depending on where you measuring to.
     
     
  #56  
Old Posted Sep 26, 2012, 2:52 AM
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Hope this one gets going soon!
     
     
  #57  
Old Posted Sep 26, 2012, 2:31 PM
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Quote:
Originally Posted by Crawford View Post
It's the exact same design, and exact same height. Just a different measurement, depending on where you measuring to.
Haha, that's great.

Even he is not too high, it will appear on the horizon, where its neighbors are lower (Except the Citicorp center).
     
     
  #58  
Old Posted Sep 26, 2012, 4:26 PM
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Just curious--wouldn't it be better for whoever ends up building here to wait until the re-zoning of Midtown East is completed? I assume the plot would gain a significant increase in air rights...
     
     
  #59  
Old Posted Sep 26, 2012, 4:43 PM
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Quote:
Originally Posted by babybackribs2314 View Post
Just curious--wouldn't it be better for whoever ends up building here to wait until the re-zoning of Midtown East is completed? I assume the plot would gain a significant increase in air rights...
Maybe not. This is already the same block as the Seagram Building, and already received all kinds of zoning approvals.

It isn't being built to the current full FAR, though. They had to do a number of compromises to get this through the land use process.
     
     
  #60  
Old Posted Sep 26, 2012, 5:39 PM
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I don't think it would make for them to wait another 5+ years for this one, when it seems that they are ready to go. I actually like the design quite a bit, and hope its built as proposed.
     
     
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