March 9th, 2012, 03:44 PM
Starwood, Tribeca move forward with Midtown condo and hotel
March 06, 2012 09:00AM
Starwood Capital and Tribeca Associates have finished acquiring surrounding air rights and are beginning construction on the 45-story condo and hotel tower planned for the former site of the Donnell Library in Midtown.
The New York Post reported that Tishman Construction has begin excavation work at 20 West 53rd Street for the 340,000-square-foot building’s foundation. It will dedicate the bottom three stories to a Donnell Library replacement, the next nine to an ultra-luxury hotel and the remaining floors to condominium apartments.
The building will reach that height thanks to two recent deals Starwood and Tribeca struck with nearby landlords. In December they paid $30.825 million for air rights from the owners of 666 Fifth Avenue, and a month later they paid $16.6 million for air rights from Orient-Express, which owns the ’21′ Club behind the construction site and were the original developers of the project before Starwood and Tribeca bought it out last year. The ownership group also took out a $63 million mortgage on the site.
Though the Department of Buildings has yet to approve all the plans, final renderings haven’t been released, and it’s still unclear what the hotel will be branded, the New York Public Library, which operates Donnell, expects it to be complete by 2014.
March 9th, 2012, 08:34 PM
2014? They've barely begun to dig the foundation. 2015 at the earliest.
March 11th, 2012, 11:37 AM
April 24th, 2012, 11:48 PM
April 25th, 2012, 04:49 AM
Doesn't look too bad. It has that modern NY feel to it.
April 25th, 2012, 06:45 AM
In the long run...
I saw this in the WSJ today. It sucks. This area deserves something better than this. These guys are wangs.
It seems that Related, Durst, and Hines should be the only groups permitted to build in NY.
Last edited by londonlawyer; April 25th, 2012 at 07:20 AM.
April 26th, 2012, 06:02 PM
Ha, I'd second that. With all the Macklowes, Moinians, Sitts, Changs and others wreaking havoc on the city, ensuring the architectural non-$hi&&iness of the nation's premier city is the one area of the economy where I'd like to see some regulation.
August 16th, 2012, 09:34 AM
Baccarat New York doesn’t sparkle
August 01, 2012
By James Gardner
August 16th, 2012, 01:55 PM
Scathing. I think this tower is the ultimate in boring demandied by what are sure to be equally boring residents. I am sure it will offer up an even less adventuresome experience for those who found the Centurion to be a little too spicy for their millions.
August 16th, 2012, 03:44 PM
What the **** is that? "What happens in Vegas stays in Vegas" should apply to architecture as well as adultery.
August 16th, 2012, 11:53 PM
From the right angle, it will offer a great reflection of Torre Verre.
August 18th, 2012, 12:09 AM
That's as close to greatness as this mediocre slab will ever get...
Originally Posted by lofter1
October 10th, 2012, 07:42 PM
October 10th, 2012, 07:58 PM
SOM SLICK looking new building - I like it! Also, thanks - I enjoyed that photo gallery feature.
October 10th, 2012, 09:58 PM
In the long run...
This thing sucks. This uninspired POS is a colossal waste of a super-prime location.
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