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Thread: 740 Eighth Ave. (@ 46th) - Related

  1. #61

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    That's understood. I meant I didn't want the site sitting there with no work being done.

  2. #62
    Disgruntled Optimist lofter1's Avatar
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    A while back that stretch of Eighth was re-zoned with just such development in mind. Plus DOB in June issued a PERMIT for DEMO for the corner building at 740-742 Eighth, so there's really no stopping this one now. Even if someone wanted to try and save the old Hotel Fulton there is really no legal basis. And there has been no indication of a groundswell to save it, so I can't see that the developer is pushing ahead now with any other intention but to start construction ASAP.

    Note that the single old building to the south (738 Eighth -- at right in the pic below) has also just received preliminary OK from DOB for DEMO.

    So all the buildings now sitting on the development site are on their way to coming down.

    Seems there is nothing standing in the way of Demo / Construction here.

    Of course, one never really knows ...

  3. #63

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    Quote Originally Posted by Derek2k3 View Post
    That's understood. I meant I didn't want the site sitting there with no work being done.
    See the corner of 16th and 8th for a perfect example of this practice of destroying buildings quickly to help prevent further controversy and then having the lot sit empty for three years.

  4. #64
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    Sometimes financing or lack thereof can also keep a site that was cleared, dormant. See the REMY.

  5. #65
    Disgruntled Optimist lofter1's Avatar
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    Cuozzo's report that the single corner building at 726 will come down makes little sense ...

    A WALK ON THE STREET'S SUNNY SIDE

    NY POST
    Steve Cuozzo
    August 5, 2008

    SO what if Manhattan office vacancies are up to 9 percent from 8 percent a year ago and investment sales are stalled?

    So what if vacant stores big enough to take in elephant herds are visible on prominent corners from the Battery to 96th Street?

    There's still plenty of deal making going on, right?

    Well, there's some.

    There's even major new commercial development in the works - like Related Cos./Boston Properties' big project on the east side of Eighth Avenue between 45th and 46th streets.

    So in a spirit of maybe unwarranted optimism, this column is devoted to the bright side; next week's might not be.

    At the Related/Boston site, the partnership led by Steven Ross and Mort Zuckerman has already razed a bunch of old buildings on their site's West 45th and 46th street sides.

    A sidewalk bridge augurs imminent demolition as well at the avenue blockfront's north end.

    And now, our deep moles confirm, the 850,000-odd square-foot project will soon also take out the West 45th Street corner building that houses Frankie & Johnnie's steakhouse and little 726 Eighth Ave. next door - but will oddly leave a few tenement buildings in the middle of the block intact.

    This project is in addition to the even larger Eighth Avenue office tower Boston is developing eight blocks north, which is mostly pre-leased to lawfirms.

    Unless Boston and Related have a tenant they're keeping under wraps, the 45th-46th Street job will add to the roughly 1.5 million square feet of speculative space coming to market in Midtown at SJP Properties' 11 Times Square and the Macklowe Organization's 510 Madison Ave.

    The Related/Boston team's confidence is the more remarkable when one recalls that Zuckerman said earlier this year he saw "the worst set of macroeconomic conditions since the Great Depression" and predicted a commercial "pullback" in Manhattan.

    Copyright 2008 NYP Holdings, Inc.

  6. #66
    Disgruntled Optimist lofter1's Avatar
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    Frankie and Johnny's is at 269 West 45th which (as seen by a check of DOB records) shares the address with the corner building on Eighth: 724 Eighth Avenue -- 726 Eighth is the second building in the line-up of five on the corner.

    A check at DOB shows that no Applications for either Demo or Alterations have been filed for either the corner building at 724 or the reported building at 726.

    A check at DOF shows no record of any recent transactions for either of the properties.

    Seems maybe there is an Air Rights deal in the works.

    We'll see ...

  7. #67
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    Not necessarily. They can do a wraparound of the holdouts, since the steakhouse and it's next door neigbhor's rear are contiguous with the rest of site.

    It'll be a funny configuration nevertheless but it's doable. However, I would prefer that they just did an air rights transfer instead of razing the buildings.

    The buildings as seen here in this pic...


  8. #68
    Disgruntled Optimist lofter1's Avatar
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    The reddish one at far left above ^ has done an AIr Rights deal, so under current agreements as found at DOF website that one will stand -- right in the middle of the block -- no matter what.

    Hoping it's simply Air Rights for the whole gang of 5 seen above. Keeping these buildings will really help the area from becoming a dead mass along the full length of the street wall on that block.

  9. #69
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    Would be great to see them left and build right around them, like on top of them as well. Arent we seeing that actually done on 3rd Ave in Murray Hill, I recall from a rendering. If this whole block goes, this area along with Platinum, and the new hotel to the West will turn this lively colorful area into homogenous like 6th ave.

  10. #70

    Default How Tall?

    Anyone have any ideas about the height of this building @ 46th and 8th? I've heard (at various times) 39 stories... and 600 feet. Any news would be appreciated.

    Also... have you heard whether that building at the NW corner of 46th and 8th is finally coming down (the one with the oh-so-quaint adult video store)?

  11. #71
    Disgruntled Optimist lofter1's Avatar
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    No news on Height here.

    Across the street: STALLED

    Full thread for that one is:

    301 Forty Sixth - 301 West 46th Street at 8th Avenue

  12. #72

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    I'm surprised no one commented on this yet but the entire site has been completely cleared. I haven't seen any foundation work take place though. I wonder if this has stalled. The lot is HUGE and walking down 46th street past the Lunt Fontane is a hideous experience. It looks like the city just ENDS.

  13. #73

    Default Just a quick question...

    Any renders or height specifics on this one?

  14. #74
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    Default It's Kaput

    ^^ Here's your render:


    It'll rise to an impressive, vertigo-inducing 0 feet 0 inches in height.

    I walked past this lot today on the way to work. They're taking down the blue construction fence and putting in a chain link fence on those empty lots where these buildings once stood:



    Thanks again, Mr. Ross, for "beautifying" the city.
    Last edited by Hamilton; November 13th, 2008 at 11:11 AM.

  15. #75
    Disgruntled Optimist lofter1's Avatar
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    Two days ago there was a crew working on the "PARKING" sign on Eighth Avenue at mid-block, just to the south of where the two buildings at W. 46th / Eighth used to stand.

    For all of those who have yearned for NYC in the 1970s: Get out your platform shoes, here it comes.

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