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  #2261  
Old Posted Jan 21, 2018, 7:33 PM
tjr101 tjr101 is offline
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Originally Posted by Prezrezc View Post
It just occurred to me....

In just as much the same manner as 53W53/TVerre is giving off a Hancock Toweresque vibe, I'm now getting the same feeling when doing a compare/contrast with the Transamerica Pyramid in SF.

What think ye?
I can see the similarities in the color and shape (of course this is just a rendering). This has way more glass and has an airy feel, also obviously a lot bigger.
     
     
  #2262  
Old Posted Jan 21, 2018, 8:02 PM
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In earlier renders I always thought it was some kind of giant screen, like you see in Times Square.

But yeah, the design at the top grows on you. Keep in mind that this particular model doesn't give exact details.












Quote:
Originally Posted by Prezrezc View Post
It just occurred to me....

In just as much the same manner as 53W53/TVerre is giving off a Hancock Toweresque vibe, I'm now getting the same feeling when doing a compare/contrast with the Transamerica Pyramid in SF.

What think ye?
That and the Empire State.



Quote:
Originally Posted by tjr101 View Post
I'm guessing the level at the top of the building where all the trees are is the observation deck.

And those huge windows on the eastern side facing Grand Central, does anyone know if this will be accessible to the public?
Yes, the top of the building with all of the setbacks is where the multi-level observation deck will be.

The lower open deck facing Grand Central is tenants only. As for the massive opening a little above that, I'm not sure that's still in the current plan.
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  #2263  
Old Posted Jan 23, 2018, 12:47 AM
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what a gorgeous, massive tower. crazy how it will make met life look like a shrimp.
     
     
  #2264  
Old Posted Jan 23, 2018, 1:47 AM
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Originally Posted by El Duderino View Post
what a gorgeous, massive tower. crazy how it will make met life look like a shrimp.
That's true. And MetLife has nearly twice as much floor space.


https://www.instagram.com/p/BeQwxdtA...ogsinthebushes

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  #2265  
Old Posted Jan 23, 2018, 5:01 PM
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https://therealdeal.com/2018/01/23/n...ne-vanderbilt/

Navillus seeks to finish the job at SL Green’s One Vanderbilt
A completion agreement would allow the group to continue its $136M contract with Tishman



By Kathryn Brenzel
January 23, 2018


Quote:
Navillus is seeking to continue work at SL Green Realty’s One Vanderbilt as the subcontractor winds its way through bankruptcy court.

In a motion filed with the bankruptcy court, Navillus asked for approval of a completion agreement that would pave the way for the concrete subcontractor to finish its work at the 1.5 million-square-foot office tower. The project is Navillus’ largest: AECOM Tishman hired the subcontractor in October 2016, agreeing to a base contract of $135.9 million.

But the agreement was imperiled by Navillus’ recent financial troubles. The company filed for Chapter 11 bankruptcy protection in November, two months after it was hit with a $76 million judgment in a federal lawsuit. Five union benefit and pension funds accused the company of evading agreements to use union labor on its projects through a company owned by its CEO Donal O’Sullivan’s brother, Kevin. Navillus is appealing the judgment.

In October, following the federal judgment, Tishman moved to terminate its contracts with Navillus at One Vanderbilt and One Manhattan West, claiming that Navillus’ insolvency meant that it defaulted on the contracts. The company, however, has reached an agreement with SL Green and Liberty Mutual Insurance to allow Navillus to finish its work on the office tower.

Liberty Mutual — which provided performance and payment bonds when Navillus first got the contract — has agreed to continue its role as surety on the bonds if Navillus remains on the project.

SL Green and Tishman have signed off on the deal, which requires court approval, according to court documents.

“The agreement reaffirms Navillus as the preferred contractor of choice and with the continued support of our partners Tishman and SL Green, we will conduct our business as usual,” a representative for Navillus said in a statement. The company declined to comment on the status of its contract on Brookfield Property Partners’ Manhattan West project.

In its motion, Navillus noted that it would’ve likely had to consider suing Tishman if the company decided to hire a different subcontractor to work on One Vanderbilt. A spokesperson for Tishman noted on Monday that the contractor supports the completion agreement.

“There have been no delays and we are confident in Navillus’ ability to finish the work,” he said in a statement.
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  #2266  
Old Posted Jan 24, 2018, 4:42 AM
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^^^ I wonder if this will affect quality of workmanship.
     
     
  #2267  
Old Posted Jan 24, 2018, 5:58 AM
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^^^ I wonder if this will affect quality of workmanship.
It shouldn't.
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  #2268  
Old Posted Jan 26, 2018, 12:47 AM
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Yeah they are building to spec, and so far have been consistent in the speed and delivery of each floor. If anything, this is legal mumbo-jumbo, but nothing that will impact the delivery of this tower. Happens all the time with developments. That's why a lot of developers have a legal department. Let the lawyers handle the paperwork and bullcrap, while the developer and its contractors focus on building the gold.
     
     
  #2269  
Old Posted Jan 27, 2018, 11:23 AM
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https://nypost.com/2018/01/25/law-fi...ne-vanderbilt/

Law firm inks massive lease for One Vanderbilt

By Steve Cuozzo
January 25, 2018


Quote:
A law firm’s short stroll around the corner marks a giant leap forward for Midtown’s rising super-skyscraper.

Greenberg Traurig, now based at the MetLife Building, has signed a major lease to move to SL Green’s 1401-foot-tall office tower that’s going up on East 42nd Street next to Grand Central Terminal.

On Thursday, the companies announced the 15-year done deal for four contiguous floors, after the news was first reported on nypost.com.

The exact square footage wasn’t clear, but sources estimated it at 130,000 to 140,000 square feet.

The legal eagles occupy 200,000 square feet at MetLife under a lease that expires in 2021. One Vanderbilt is scheduled to open in 2020.

Terms of the deal were not available.

A lease signed by Germany’s DZ and DVB banks in September for a combined 35,000 square feet at One Vanderbilt was said by sources at the time to have an asking rent of $135 per square foot.

Newmark Knight Frank heavy-hitters Barry Gosin and Moshe Sukenik represented Greenberg Traurig. CBRE’s Ryan Alexander, Emily Jones and Sarah Pontius repped SL Green.

Greenberg Traurig Executive Chairman Richard A. Rosenbaum said in a statement that the firm’s new Manhattan headquarters at One Vanderbilt will function “in concert with a combination of alternative nearby locations to create an office campus.”

SL Green CEO Marc Holliday said the firm “could have gone anywhere in New York and made a major statement by choosing to stay in East Midtown.”

The move, in fact, is a badly needed victory for the district, which has recently seen many large tenants move to new, modern buildings on the West Side and Downtown. East Midtown’s mostly antiquated buildings by comparison are an average of 70 years old.

Greenberg Traurig’s decision is also particularly meaningful for One Vanderbilt, which won’t finish construction for 2 ¹/₂ years.

Although most of the $3.1 billion tower’s 1.7 million square feet are still up for grabs, the advance commitment by one of the nation’s largest law firms is a major boost for the project.

Previously signed tenants at One Vanderbilt are TD Bank for 200,000 square feet and Daniel Boulud’s restaurant company for an 11,000-square-foot dining complex.

Taller than any nearby tower, One Vanderbilt will cut a new, iconic profile on the Midtown skyline.

It will boast floor-to-ceiling heights of up to 24 feet and offer tenants spectacular views.

One Vanderbilt, designed by Kohn Pedersen Fox, broke ground in 2016 after a long negotiation between SL Green and city and MTA officials.

SL Green is paying $220 million for transit and pedestrian improvements beneath and around the tower, under terms of a 2014 Vanderbilt Avenue rezoning that presaged a comprehensive rezoning of 77 blocks in the East Midtown district.

Other major firms reported to have “kicked the tires” at One Vanderbilt include Carlyle Group and JPMorgan Chase. The status of any negotiations is unknown.
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  #2270  
Old Posted Jan 27, 2018, 1:15 PM
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This could of been a potential tenant for Larry's 2 WTC. Maybe what he needs is to have pricing between $100-110 sq/ft to remain competitive.

They need to cut the rents. 1 WTC for example did this, lowering the price to $70-80 sq/ft.

Tenant after tenant keeps flocking to MW, HY, and 1 Vandy. I see this as a loss for 2 WTC, the one super tall that we are eager to see rise. And its all because of greedy pricing by Silverstien.
     
     
  #2271  
Old Posted Jan 27, 2018, 3:47 PM
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Originally Posted by chris08876 View Post
This could of been a potential tenant for Larry's 2 WTC. Maybe what he needs is to have pricing between $100-110 sq/ft to remain competitive.

They need to cut the rents. 1 WTC for example did this, lowering the price to $70-80 sq/ft.

Tenant after tenant keeps flocking to MW, HY, and 1 Vandy. I see this as a loss for 2 WTC, the one super tall that we are eager to see rise. And its all because of greedy pricing by Silverstien.
I don't think so. I think that Larry needs at least 750,000 sf to get the ball rolling.
     
     
  #2272  
Old Posted Jan 27, 2018, 3:54 PM
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I think smaller tenants to reach the threshold is key. He keeps loosing out on the ones that want 500k+.

I'd like for him to nail a tenant seeking 500k-1 mil, but if he loses out on DB, the odds start plummeting. A few deals amounting to the required Sq-ft might be the best way for it to happen (over 3-4 tenants for example). Time will tell.
     
     
  #2273  
Old Posted Jan 27, 2018, 3:58 PM
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Quote:
Originally Posted by NYguy View Post
https://nypost.com/2018/01/25/law-fi...ne-vanderbilt/

Law firm inks massive lease for One Vanderbilt

By Steve Cuozzo
January 25, 2018
Proving once again that nothing done IN these massive towers is ever as interesting as building them in the first place.
     
     
  #2274  
Old Posted Jan 27, 2018, 8:00 PM
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Skyscrapers are homes, hotels, and office space. Welcome to polite society. What might constitute an interesting tenant to you?

Last edited by JSsocal; Jan 27, 2018 at 8:35 PM.
     
     
  #2275  
Old Posted Jan 27, 2018, 9:14 PM
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Skyscrapers are homes, hotels, and office space. Welcome to polite society. What might constitute an interesting tenant to you?
SpaceX, Boeing, some museums ...
     
     
  #2276  
Old Posted Jan 27, 2018, 11:53 PM
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SpaceX, Boeing, some museums ...
You may find that interesting, but not everyone does. Skyscrapers are filled with all kinds of tenants. No one cares what goes on inside, it's the architecture, if anything, that people care about. And this building in particular will have a nice public component at the top - observation deck and event space. The lower floors could be filled with a prison, and I wouldn't care. That deck above is worth the price of admission.
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  #2277  
Old Posted Jan 29, 2018, 9:11 PM
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  #2278  
Old Posted Jan 29, 2018, 11:14 PM
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I'm still perplexed as to why this is only 58 stories.
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  #2279  
Old Posted Jan 30, 2018, 3:09 PM
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I'm still perplexed as to why this is only 58 stories.
Those are the actual floor numbers. All of the new office towers have less floors than are advertised, and high ceilings. And this one is topped with a huge crown.

There are 68 floors at 30 Hudson, but you can see the breakdown of actual floors to designated floors here...

http://a810-bisweb.nyc.gov/bisweb/BS...de=ES733027550
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  #2280  
Old Posted Jan 30, 2018, 11:51 PM
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