Redevelopment of 451 Lexington? (SE Corner at 45th st)

[sfenn1117]

Can't tell if it will just be a retail base or retail with a tower above, but I found this on RKF's site. This would be great news, there is textbook londonlawyer crap on the site right now. It doesn't include the wendy's though.

http://i16.tinypic.com/6kf3qk4.jpg

http://www.rkf.com/cgi-bin/Go.cgi?x_action=propertySearch&d_id=22&submitted=1&r_page=4&p_market=1&p_region=1

http://propertyshark.com/mason/nyc/Reports2/showsection.html?propkey=20978

[londonlawyer]

That's great news! I hate that corner with the Sbarro's.

[antinimby]

Despite the site's 15 FAR allowance, the footprint isn't very large so it's not going to be that big.

We'll have to wait and see when the NB permits shows up if there's going to be anything above that retail base.


http://img405.imageshack.us/img405/4872/45lexingtonop1.jpg

[londonlawyer]

This site and the Bunny Deli site were among the sites on Lex between 42nd and 59th that I hated the most. Fortunately, they're both being developed.

There are three sites on Lex near 57th St. that contain horrible low-rise garbage that must go ASAP. Two of them are on the west side of Lex and contain discount electronics stores, magazine shops, etc. The other one is on the east side of Lex and contains a TGI Fridays and some real estate office.

[londonlawyer]

I just noted that that filthy Wendy's will not be razed. That really sucks.

[lofter1]

Well, as long as they keep that tree in front of it ...

[antinimby]

LOL. That tree was probably placed there in the renderings by the artist for that purpose, i.e. obscuring the Wendy's, who's landlord was probably a holdout.

Notice in the real life pic, the tree is closer to the intersection and away from the Wendy's.

[ASchwarz]

Hmm, seems pretty clear to me that there's a highrise on top.

Isn't that the elevator shaft (or at least the structure itself) on the left?

The zoning allows for a tall, skinny highrise. Probably ideal for a hotel.

[pianoman11686]

I think I once read that Shvo was planning a hotel on Lex & 45th.

[MidtownGuy]

Where the Bunny Deli was. The site is cleared.

[sfenn1117]

^Isn't that site further up on lex?

[antinimby]

Yep, on 48 St. to be precise. Here's that thread (http://wirednewyork.com/forum/showthread.php?t=12201).

[antinimby]

After checking out the numbers for that ^ project, I've come to the conclusion that this project, which also has similar buildable square footage (~78,000 sf) , will have additional floors above the retail base.

The one on 48 St. is projected to have 24 floors so this one will probably be right around there also.

[MidtownGuy]

oops, sorry for the mistake.