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Thread: The View at Bryant Park - 14 West 40th St

  1. #76

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    Sources say Eric Hadar is negotiating to hire starchitect Norman Foster's firm, Foster & Partners, to design a new contemporary tower that would overlook Bryant Park.

    Foster is known here for the new Hearst Building's jewel-like Crystal Cathedral and the four-story addition for Aby Rosen's 980 Madison Ave. project.

    Complicating the construction on W. 40th St., sources say, Hadar has also signed CUNY to lease one of the buildings on the mid-block site between Fifth and Sixth avenues in order to provide income.



    Hadar declined to discuss the project or lease. Nevertheless, sources say CUNY is expecting to take over the 91,000-square-foot 50 W. 40th St.

    The 10-year lease, which sources say nets out to the mid-$30s a foot, still has to be approved by various city officials.

    John Bonamusa of JJ Bonamusa & Associates approached Hadar and suggested the CUNY deal.

    He could not be reached for comment. Howard Kessler of Newmark Knight Frank is representing CUNY and declined comment.

    Other sources say CUNY would create a new community college to act as a "feeder" to its larger four-year programs.

    The small building is perfect for a school, as it is currently being used by the Katherine Gibbs School, which spent some $20 million on creating classrooms and upgrades.

    Career Education Corp., its Chicago parent company, wants to gets out of its lease, which goes to December 2015, and has been unsuccessfully trying to sublease.

    Hadar also owns the adjacent 43 W. 39th St. along with the 51,000-square- foot Daytop Village Building at 54 W. 40th St.

    With 130 feet along Bryant Park and a slew of air rights, Foster's options in clude designing a building of up to 300,000 square feet that would canti lever over 50 W. 40th St.

    The seven-story black-and-gold 50 W. 40th is an annex building to its taller neighbor, the Raymond Hood-designed, landmarked American Radiator Building, which houses the Bryant Park Hotel.

    Hadar's smaller annex has 30-foot-high ceilings on the ground floor with a group of large windows overlooking the park and a number of setback terraces flocked with gold.

    While not landmarked, sources say any future development would likely maintain the fašade and simply build up and over the annex.

    Development plans for the ultra-modern tower, which could include office, hotel and residential spaces, were first revealed by Post colleague Jennifer Gould Keil last month.

    A year ago, Hadar bought out his father, Richard Hadar, from the buildings. His parents are divorced and his mom, Margery Hadar, is the Brown Harris Stevens agent marketing his breathtaking $26.25 million city apartment on E. 65th St. with 360-degree views.



    Read more: http://www.nypost.com/p/news/busines...#ixzz15XpEvaWC


    Read more: http://www.nypost.com/p/news/busines...#ixzz15Xp54gah

  2. #77

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    Hopefully, this will be a magnificent tower to compliment American Radiator and not a lame box like the POS planned for the empty lot east of here or like the lame POS box that Foster designed for the Bowery.

  3. #78
    Disgruntled Optimist lofter1's Avatar
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    From the October NY POST article on Hadar mentioned in Post #76:

    Mogul's fall & high rise

    How Eric Hadar, NYC realty magnate, survived his drug bust on W'chester highway

    By JENNIFER GOULD KEIL
    October 10, 2010

    ... His father's long-term accountant, Robert Weir, a trustee of Eric's family trust, withdrew with prejudice his case against Hadar mismanaging funds and assets -- and then resigned as trustee.

    Hadar even settled with his father, who then sued his lawyers for coming up with the "ill-conceived and badly executed plan."

    And Hadar retains multimillion-dollar damage and defamation claims against Richard's attorneys and law firm.

    The whopping settlement gave Hadar full ownership of a piece of property so badly coveted by his father that Richard's lawyer called it "the crown jewel" in court papers -- a 300,000-square-foot development site on Bryant Park that includes a 91,000-square-foot-building that was the annex to the original art deco American Radiator Building, made of glazed black brick, designed by Raymond Hood.

    Above the building, designed to look like a burning furnace, will be a looming ultramodern tower that will include some combination of office, hotel and residential space, Hadar told The Post in an exclusive interview.

    He has been buying adjacent properties and air rights since 1999.

    The Bryant Park project is currently known as one of the top development sites in the city.

    In the fall of 2008, Eric went from -- as The Post wrote -- "realty superstar" to "'high' rise tycoon."

  4. #79

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    Why is this in this thread?

    Seems this proposal will crowd the Radiator Bldg..
    Also, wouldn't this tower blot out a view of the ESB from Bryant Park? That view is nothing short of magical.

  5. #80
    Disgruntled Optimist lofter1's Avatar
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    Perhaps a Mod could shift all the 50 West 40th Street posts to a new thread for that site?

  6. #81

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    Quote Originally Posted by Derek2k3 View Post
    Seems this proposal will crowd the Radiator Bldg..
    Also, wouldn't this tower blot out a view of the ESB from Bryant Park? That view is nothing short of magical.
    I agree that it sounds deeply suspect and as if they're messing with a masterpiece.

    Isn't 40th St around Bryant Park a historic district? And isn't the American Radiator Bldg landmarked? I'm shocked that anything so dramatic-sounding could be done, even by Sir Norman, to such a landmark (whether or not the LPC agrees) structure.

  7. #82
    Disgruntled Optimist lofter1's Avatar
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    Hood's ARB at 40 West 40th was designated a landmark by LPC in 1974 [pdf]. As stated in the article above regarding the Heder project which will include the 5-story ARB annex at 50 W 40, that annex was a later addition to Hood's original building and is not landmarked.

    There is no historic district in this immediate area. Just individual landmarks.

  8. #83

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    It seems that Mulllah Hadar plans to raze this stunning limestone gem. Kandahar-on-Hudson strikes again!


  9. #84

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    Is this thing going to be be right up against the radiator building, taking away windows
    and it's singular individuality?

  10. #85

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    I guarantee that the phoney wangs who fought Torre Verre and the demolition of 225 W 57th won't come out to oppose this. If Holden Caulfield were a fan of architecture, he'd have a word or two for those phoney schlongs.

  11. #86

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    Quote Originally Posted by londonlawyer View Post
    It seems that Mulllah Hadar plans to raze this stunning limestone gem. Kandahar-on-Hudson strikes again!
    I think we can all agree that demolishing the existing building stupid, and that it will also detract from the Radiator Building, but do we really have to put up with this Kandahar on the Hudson crap again?

  12. #87

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    Quote Originally Posted by HoveringCheesecake View Post
    I think we can all agree that demolishing the existing building stupid, and that it will also detract from the Radiator Building, but do we really have to put up with this Kandahar on the Hudson crap again?
    These Mullahs deserved the appellation. They act like the Taliban, and I am outraged. NYC's streets are lined with buildings that are the architectural equivalent of rancid feces. Why do these schmucks feel compelled to demolish gems and let the crap remain standing? As I've said, NYC embraces anti-Darwinism for architecture. Crap is preserved, and gems are razed.

  13. #88
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    Quote Originally Posted by scumonkey View Post

    Is this thing going to be be right up against the radiator building, taking away windows
    and it's singular individuality?
    The article says they will most likely maintain the facade of the low level annex and, as part of the new (Foster?) tower, build a cantilever over the annex from the lot to the west. How big a cantilever would depend on the engineering. But any sort of cantilever here will compromise the ARB as a whole, is misguided and should be discouraged by any means possible.

  14. #89

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    Quote Originally Posted by londonlawyer View Post
    Why do these schmucks feel compelled to demolish gems and let the crap remain standing? As I've said, NYC embraces anti-Darwinism for architecture. Crap is preserved, and gems are razed.
    I think that this analysis is sadly too true. Any thoughts on how to actually do something to dramatically expand the mandate of the LPC? It seems that there really is such a large amount of space covered by ugly, often post-war buildings (starting with the huge amounts of the city covered by inefficient, grass-dominated tower-in-the-park public housing) that all prewar architecture could be landmarked without sacrificing too much economic activity, no?

    I know the real estate lobbies are strong, but their short-term gains are going to be long-term pain for the city -- if anyone doubts the ability of real estate lobbies to inflict pain, the, uh, housing bubble and subsequent financial crisis/recession seem to be a fairly timely reminder.

  15. #90
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    I noticed today that the new 30-story tower at 510 Madison Avenue slightly cantilevers over 12 East 53rd (LIM College - The Townhouse), a 6-story gothic building in limestone from 1884, aka the Fisk-Harkness House, that has been Calendered for designation by the LPC. The cantilever, while probably enabling the full restoration of 12 E 53 due to sale of air rights, cramps the older building.

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