Tower 111 @ 883-889 Sixth Avenue (W. 31st & W. 32nd) - by Costas Kondylis

**antinimby** · February 17th, 2008, 06:21 PM

Yes, Tower 111 is the name and 885 Sixth is the address.

**Tectonic** · February 18th, 2008, 07:50 AM

Ok, got it. 855 Sixth does that have two sites across the street from each other?

**lofter1** · February 18th, 2008, 08:58 AM

No ^

**Tectonic** · February 18th, 2008, 09:01 AM

I'm getting the threads mixed up, but, there is something happening across the street from 855 6th. Just not sure what.

**JWangSDC** · February 18th, 2008, 06:48 PM

So just to be sure i got my facts right. Anticipated finish date is in 2010 and it's rentals only?

I'd love to buy a 1BR in this area...

**avngingandbright** · December 3rd, 2008, 09:58 PM

Any news on this?

**lofter1** · December 3rd, 2008, 10:05 PM

A tractor has been sitting behind the plywood fence for weeks. Don't think it's moved an inch. Pretty expensive parking spot.

**lofter1** · December 31st, 2008, 11:05 AM

Back on track ...

Tower 111 is Busy for the Holidays, But About Its Neighbors ...

CURBED
By Pete
12.31.08

Below Jack's and beyond the blue fence is the deep hole for Tower 111.

In this dark time of the year, when hope for the future is needed, we're happy
to report on one very active hole near Herald Square, where Tower 111
is set to rise. At a time when NYC seems to be overrun with Arrested Development
it's good to see that this project at the corner of Sixth Avenue and West 32nd Street
might end up as something more than another rubble-filled pit. This 47-story
commercial tower from architect Costas Kondylis is the northern-most of a
trio of sites lined up along the west side of Sixth Avenue. On the
southern-most site at West 29th Street is a 53-story tower from Perkins
Eastman Architects for the Fitzpatrick Hotel Group, now up to floor 20 and
getting its facade slapped on. But as for the third plot of land, alas, so
much for the good news.

The nastier story is found at the middle site, between 30th and 31st Streets,
where yet another Kondylis tower had been announced. But just as we
were ready to publish our expression of hope for the future comes the
dark news that co-developers Tessler Development and the Chetrit Group have
defaulted on a $105.3M loan and have been slapped with a foreclosure suit
by the lender. The site for the mixed-use tower had been cleared months ago,
but now it languishes, arrested in soggy, um, hole-y-ness. The only signs
of development on the lake-filled lot is a log-encircled fire pit which, in
these cold days of winter, might come in handy as a way station for local
campers and possibly a few cash-strapped developers. If nothing else the
site offers a great vista of the Empire State Building and will be the perfect
place to watch as Tower 111 rises to the north.

The plan for the SW corner of Sixth at 32nd.

The hard working crew digging down deep for the foundation of Tower 111.

The Fitzpatrick Hotel project rising at 29th and Sixth.

The busy Fitzpatrick crew.

Cages of rebar being raised to the top of the Fitzpatrick tower.

The Kondylis tower for Tessler & Chetrit at 855 Sixth, a site now in foreclosure.

The defaulted development site at 855 Sixth languishes at lake side.

· Tower 111 coverage [Curbed]
· Istar files foreclosure suit against Tessler and Chetrit [Real Deal]

tower 111

**stache** · December 31st, 2008, 12:41 PM

A new skeeter pit!

**Tectonic** · December 31st, 2008, 06:55 PM

6th Ave could use a new park, even if it's temp or community garden, lol.

**lofter1** · January 1st, 2009, 10:33 AM

I agree that these fallow sites should not be allowed to become simply weed filled pits encircled by plywood. The problem is who will pay to transform the dead spots? Plus there's the upkeep. And who will assume the liability for folks who venture into the private / public space?

No doubt there are industrious and creative folks who can come up with a workable plan, but do we have anyone in charge who understands how much better such an investment would be for the surrounding area?

**Tectonic** · January 1st, 2009, 11:12 AM

AAAhhh, how about another parking lot.

**lofter1** · January 14th, 2009, 08:22 PM

Word on the street: This one will stop in its tracks once the foundation work is completed (which should be soon).

**thedudeabides** · February 12th, 2009, 11:48 AM

Here is a shot of the foundation work taking place as of about 5 minutes ago. I live at the epic and have been watching this one hive with activity in the past two months. They are moving fast for a crew who's building a 'foundation to nowhere.' I hope you're right though, I wouldn't mind a few more months of view : (

the dude

**CitiesfromSpace** · May 29th, 2009, 09:52 AM

This morning there was an article about union concessions and they mentioned work resuming on this project, I wonder if that means it's going to break street level.