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Thread: 855 Sixth Ave. (W. 30 St.) - commercial/residential mixed-use

  1. #61
    Forum Veteran MidtownGuy's Avatar
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    Yippy. Looks just like the Bloomberg tower. Anyway, the stretch of sixth from 34th to 23rd is now one of the blandest, most sterile, boring stretches in the city.
    It literally had more flavor WITH the parking lots, and that's quite something to say! Most people have absolutely no reason to ever go there unless they are one of the new residents.
    I wouldn't mind the banal and tacky looking towers if the development at street level would have been acceptable. No, the streetlife has been destroyed and removed. Some of the buildings should have been FORCED to contribute to maintaining and developing a sense of place, instead of creating a joyless corridor between real neighborhoods. FORCED to accommodate the florists and other businesses they displaced with bank branches. They could have preserved the elements that gave the area life, charm, and a unique identity and still developed up to the sky to make their money.
    There is no coordination, no thought, no neighborhood planning in New York anymore, just pigs at the trough and this stretch of Sixth is exhibit #1.

    Now they'll add another bland tower with a grotesque base and an indoor mall filled with the same 20 chain stores you see everywhere else. Yay.

  2. #62
    Forum Veteran Tectonic's Avatar
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    Does any new development have a 'neighborhood' type shop? There might be a need for affordable renting for small businesses too, if such a thing doesn't already exist.
    Last edited by Tectonic; April 23rd, 2008 at 12:01 PM. Reason: addition

  3. #63

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    Costas Kondylis, covering the city with his mediocre ooze, will soon consume this site:


  4. #64

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    That was a pretty nice building. This will be Costas' sixth tower on a stretch of 5 blocks. This section of 6th Ave will become the banal residential counterpart of the 6th Ave north of 42nd.

  5. #65
    Forum Veteran Tectonic's Avatar
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    Its interesting how a lot of the interesting architecture gets squished into a corner of W 18th/19th in Chelsea or a couple streets on the Lower East Side and Tribeca.

  6. #66

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    Maybe I dislike it just because it's from Kondylis?











  7. #67
    Build the Tower Verre antinimby's Avatar
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    I like the way he hides the bulkier office portion of the tower in the back as seen in the "south elevation" (or the 3rd one from the top).

    We often criticize him (and deservedly so) but in this instance, he should get praise for that bit of creativity there.

  8. #68
    Disgruntled Optimist lofter1's Avatar
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    Thumbs down Kondylis is a big fat BORE

    I see nothing here that deserves to be called "creativity".

    Just lots of visual trickery to make this pile look less massive in the render.

    And yeah yeah yeah I know "It could be just another boring box, so we should be happy."

    Barf.

    Show me a display of real talent and then I'll be happy.

    No doubt when this one is finished it will look like a hodge-podge of recent Kondylis projects -- and have no real identity of its own.

    And WTF is that stupid accordion-like ski-slope thing on the north end of the building?


  9. #69
    The Dude Abides
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    It does look rather...awkward.

  10. #70

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    September 16, 2008 (No sign of construction yet, with 839 Sixth Avenue under construction - Top Center)


  11. #71
    Forum Veteran Tectonic's Avatar
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    That may be a sight we'll have to get used to over the next few years as the financial crisis continues.

  12. #72
    Build the Tower Verre antinimby's Avatar
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    The idiot developer also razed a gorgeous building that was on this site as well.

    So not only did we lose a beauty but now have to live with a dirt hole for the next 5 (or more) years.

    Last edited by antinimby; September 19th, 2008 at 10:31 PM.

  13. #73
    Disgruntled Optimist lofter1's Avatar
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    As reported today at CURBED from a story at The Real Deal: This one is DEAD in the water ...

    Istar files foreclosure suit against Tessler and Chetrit

    The Real Deal
    Author: David Jones
    December, 30, 2008

    Istar FM Loans has filed a foreclosure suit in New York State Supreme Court against developers Yitzchak Tessler and Meyer and Jacob Chetrit after the investors allegedly defaulted on a $105.3 million loan to develop a mixed-use tower near Herald Square.

    In March 2007, Tessler Developments and the Chetrit Group entered into a loan agreement with Fremont Investment & Loan to acquire 855 Sixth Avenue, a site near 31st Street. The loan was part of a massive portfolio that Fremont, one of the nation's largest subprime lenders, sold to Manhattan-based Istar Financial.

    Chetrit Group acquired 855 Sixth Avenue as part of the $140 million purchase of several office buildings from Baruch Singer in March 2007. Meyer and Jacob are two of the five brothers who operate the Chetrit Group.

    Chetrit and Tessler hired architect Costas Kondylis to design the 632,000-square-foot project, which was set to include up to 240,000 square feet of retail space, more than 10 floors of office space, up to three floors of parking and residential condominiums. The developers planned to complete the construction by 2010.

    Winick Realty was named the exclusive leasing agent for the new building, however it remains unclear whether Winick found any new anchor tenants for the site. In 2007, Winick officials said the site would include 21,000 square feet of retail space on the lower level as well as the ground floor, and 30,000 square feet on the second floor.

    Officials at Winick, which was not named in the suit, declined to comment.

    Court records show the original loan maturity date as April 1, 2008, however that original date was extended by six months to October 1, 2008. Istar said it warned of a default in an October 3 letter and then declared a default by mail two weeks later.

    Istar says the default includes a $101.49 million principal balance, $962,868 in interest, default interest of $1.4 million and an exit fee of $2.1 million. Court records show an additional $2.4 million is owed in personal guarantees from Tessler and the two Chetrits.

    Neither officials at the Chetrit Group nor Tessler Developments was available for comment.

    Kondylis, construction firm Pavarini McGovern and consultants George Langer Associates Consulting and Environmental Consulting and Management, each had mechanic’s liens against the property and were therefore named as defendants in the suit, according to court records.

    Copyright © 2008 – The Real Deal, Inc.

  14. #74

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    Not bad news, didn't expect construction to begin any time soon . At least now, the project could resurface with a better design in a few years.

    Shame that building had to be demolished.

  15. #75

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    Well given current economic condition getting 2 out of 3 on sixth avenue is not bad, plus we are still getting the two with the most impact (>500ft)on the lower midtown skyline. This bldg(855) was slated to be less than 500 ft.

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