I guess it is inevitable but I'll be sorry to see 99 Church Street torn down. It is a classic NYC building of that period -- 1951 -- strong and simple ...
Pics at EMPORIS
NY Guy posted the following on another site:
"Silverstein Says Farewell Pataki, Hello 2007"
By DAVID LOMBINO
December 22, 2006
In November, Silverstein Properties acquired an 11-story office building at 99 Church Street from Moody's Investor Services for $150 million. Mr. Silverstein said it was likely the building would be razed to make way for a 58-story residential tower....
It would be nice if the two horrible 60's office buildings across the street from Moody's are demolished or at least re-skinned.
This is too bad, I've always liked this building. Meanwhile, the ugly block long blue brick squat office buildings nearby should be demolished ASAP instead.
Isn't this builing right next to the Woolworth? I think it is but I can't remember.
People, in this city, the uglies thrive and won't ever get torned down.
The beauties are the ones that will be gone.
Anyway, this building is nothing special.
It can go.
This is an understated, elegant building of the kind Fabrizio likes to laud. IMO it's better than Parke-Bernet.
Silverstein plans hotel and condo tower on Church St.
Moody's headquarters at
99 Church St.
March 13, 4:29 pm
Silverstein Properties plans to build a 60-story hotel and condominium at 99 Church Street in Lower Manhattan after razing the 11-story office building that currently stands at the site.
The real estate development and investment firm says the tower's first 20 stories will house a boutique hotel, and that a luxury condominium is planned for the upper floors.
The existing Class B building at 99 Church Street serves as Moody's Corporation's headquarters, which Silverstein Properties purchased with the California State Teachers' Retirement System in November for a reported $170 million.
Demolition will not begin until Moody's moves its headquarters to the Silverstein-owned 7 World Trade Center in the fall.
According to Lisa Silverstein, vice president of Silverstein Properties, building a luxury hotel at the site makes sense because "there's zero competition."
Silverstein likewise believes that there will be demand for a new high-end condo in Lower Manhattan, since she recently looked for just such a property in the area and failed to find one.
"I realized there are just no grand Park Avenue apartments downtown, and I'd like to create that," Silverstein said. By Lauren Elkies
Copyright © 2003-2007 The Real Deal
I have no problem with this one coming down like i do the Y in Midtown or those townhouses on 57th street
Last edited by kliq6; August 23rd, 2007 at 04:54 PM.
The most logical way is to have a base that covers the whole plot but have the tower portion right on Church St., set further away from Woolworth.
At least that's how I would do it.
Google is amazing. Here's a peak at the plans for this one...looks promising, and rumors of an elaborate crown appear to be true:
New (?) If so, I liked the old base better
Wow! After recently feeling real down about NYC development, I see this and all is forgotten. I know it’s early but this is easily the best skyscraper proposal in the city barring a rendering of Beekman Place, it’s gorgeous! It reminds me of 1 Wall Street only clad in glass and even more sublime. It’s extravagant yet not overdone and it works perfectly in its setting. Costas continues to prove that given a good budget he can produce!