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  #1  
Old Posted Jun 4, 2015, 1:51 AM
JR Ewing JR Ewing is offline
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Smile NEW YORK | 12 East 48th Street | FT | 31 FLOORS

Spectre0000

The following dumpy low rises are being razed: 14 and 16 E 48th St. and 13 E 47th St.

http://m.ny.curbed.com/archives/2014/07/14/coming_attractions.php

HID Acquisition Group, LLC dropped $47 million on a Midtown development site that stretches from East 48th Street to East 47th Street between Fifth and Madison Avenues. The firm plans to raze the existing office buildings and erect at 31-story condo tower with studios, one- and two-bedrooms, and "amenities specifically targeting the international pied-a-terre market"—in other words, this baby will be expensive. [CurbedWire Inbox (via WSJ); photo via Property Shark]

Last edited by chris08876; Oct 31, 2025 at 4:13 PM. Reason: title fix
     
     
  #2  
Old Posted Jun 11, 2015, 2:45 AM
JR Ewing JR Ewing is offline
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The 48th St side today.

     
     
  #3  
Old Posted Jun 11, 2015, 9:45 AM
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31 floors... This could be close to 380 feet assuming they go with high ceilings, and factoring in mechanical.
     
     
  #4  
Old Posted Jun 11, 2015, 10:41 AM
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It would have been nice if they acquired that horrible yellow and brown brick POS to the right.
     
     
  #5  
Old Posted Oct 31, 2025, 3:59 AM
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  #6  
Old Posted Oct 31, 2025, 3:11 PM
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Yet another unfortunate setback. Zoning would have allowed an appropriate max base height but they found building it like this to be more economical.

This detail of the DOB building code has got to be addressed.
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