While I hate The Link, Elad could join the ranks of good developers (i.e., Durst, Barnett, Rosen) that don't pull a Macklowe and build cheap towers.
My guess is the tower portion will go on the Park Ave. side of the block with the existing base being renovated with the main entrance on Madison facing the park.
Call me a NIMBY, but I'm skeptical about how this will look next to Metlife Tower, especially considering Elad's track-record with glass curtainwall (think Link). Metlife Tower is such an amazing edifice, I sure hope Elad doesn't cheapen it up with some flat-top.
Elad is the developer, Libeskind is the architect.
Regardless of the developer, you don't expect to get a Kondylis looking building or budget if you hire Libeskind.
I'd rather have a simple glass wall merely reflecting the MetLife tower than some spastic Liebeskind crystal distracting from it.
There goes my Walgreen's!
This is great news. Hopefully some Hearst looking thing. Well I am thinking too much. LOL. Don't want to get too excited just yet. But this one has to be good looking since it will be a much focal point in the skyline.
Israeli firm plans Manhattan's highest residence
Thu Sep 20, 2007 7:35am EDT
JERUSALEM (Reuters) - Real estate company Elad Group, owned by Israeli billionaire Yitzhak Tshuva, plans to build New York's tallest residential building in a $450 million deal, an industry source said on Thursday.
Elad, which also owns New York's Plaza Hotel, plans to construct an additional 75 floors on top of an existing 20-story building, said the source, who asked not to be named.
Elad officials were not immediately available for comment.
The Madison Avenue building will stand 274 meters (899 feet) tall.
Building plans are currently being examined by the New York City municipality and are subject to regulatory approval, Israeli daily Yedioth Ahronoth said.
Ok now I am confuse. Which building are we talking about now?
Seems now we are talking about the North Building at 11 Madison Avenue (between 24th / 25th). However that building is 32 stories -- not the "existing 20-story building" emntioned in the article.
The North Building (below left, from Emporis) was constructed in a way that would have allowed it to serve as the base for a 110-story telescoping tower ...
Another earlier shot from a German website ... Die Stadt New York :