Reply With QuoteNo, the old buildings are still standing and still have tenants in them. *I would love to see the above picture with the Milstein and Times Square Tower in it. *Anyone have a picture like that?
New York Times Tower
Court Rejects Challenge To Times Building
By David W. Dunlap (NYT)
The United States Supreme Court declined yesterday, without comment, to hear challenges by four landowners near Times Square that their properties were unconstitutionally condemned to make way for the new headquarters building planned by The New York Times Company. *The Empire State Development Corporation, a state development agency, had condemned 11 properties on Eighth Avenue and on 40th and 41st Streets to make a site to be leased to the Times Company and Forest City Ratner Companies. *Three owners, including West 41st Street Realty, said the state effectively prevented them from developing their property. *The other owner, Three O Realty, said the state's finding of blight was merely a pretext. *Charles A. Gargano, chairman of the development corporation, said yesterday that the state used its condemnation power ''to improve areas of our city where the majority of the public benefits.''
Published: 02 - 25 - 2003
anyone know if they've started excavating?
(Edited by Bennie B at 11:18 am on Mar. 22, 2003)
New York Times Tower
No, the old buildings are still standing and still have tenants in them. *I would love to see the above picture with the Milstein and Times Square Tower in it. *Anyone have a picture like that?
New York Times Tower
I believe him.The other owner, Three O Realty, said the state's finding of blight was merely a pretext.
But he should be proud to be sacrificed for the beauty of Manhattan.
New York Times Tower
Our own cynical esthete.
New York Times Tower
I'd imagine that now that there is no place else to appeal (Nothing above the Supreme Court), the construction should start any day now.Quote: from Zoe on 2:17 pm on Mar. 22, 2003
No, the old buildings are still standing and still have tenants in them. *I would love to see the above picture with the Milstein and Times Square Tower in it. *Anyone have a picture like that?
New York Times Tower
i walked past the NY Times site today and saw that the discount clothing store on the south corner on 8th ave had huge signs across its front saying, "Going out of business sale, after 18 years, building being demolished" Also the surface parking lot and the elevated 5 story parking garage have been completely emptied and the gates are locked. So it looks like the Supreme Court decision closed the deal.
New York Times Tower
Good.
Hopefully, cranes will be busy before long.
New York Times Tower
- What are they saying? They made plans to develop AFTER they were condemned, then were prevented? That doesn't seem like a convincing arguement, or am I missing something?Three owners, including West 41st Street Realty, said the state effectively prevented them from developing their property.
(Edited by AJphx at 12:48 am on April 4, 2003)
New York Times Tower
They just want more money.
New York Times Tower
Hmmmmm, has anyone seen this in Atlanta?
Midtown's Symphony Center to get 41-story tower
By TONY WILBERT
and MARIA SAPORTA
Atlanta Journal-Constitution Staff Writer
The heralded Symphony Center project in Midtown will get off the ground early next year with the tallest office tower built in Atlanta in more than 10 years.
Development firm Hines plans to build a 41-story tower at Symphony Center that will contain 625,000 square feet of office space.
The building, designed by Jon Pickard of Pickard Chilton, would have the stature of a much taller office building, said Bob Voyles, a senior vice president who heads Hines' Southeast region.
Hines is moving forward with plans after reaching an agreement with law firm King & Spalding, which plans to lease about 400,000 square feet at the tower. Hines will file plans for the building with Atlanta officials Thursday and expects to complete the King & Spalding lease within 45 days, Voyles said.
Construction would start early next year, and King & Spalding would move from 191 Peachtree Tower around April 1, 2006.
Hines' decision to move forward with the $125 million office project, even with an anchor tenant in tow, is risky.
Atlanta's overall economy and job market continue to struggle, and projections for a turnaround have been pushed backed several times. As a result, dozens of office buildings across the metro area sit with financially dangerous amounts of empty space.
The Midtown office market has been hit particularly hard because it has not been able to replace technology and telecom companies that folded in the past couple of years. Midtown's overall office vacancy increased to 25.5 percent last year, ranking it as the area's weakest behind north Fulton County, according to Cushman & Wakefield, the real estate firm that represents King & Spalding.
But Hines is confident Midtown's current oversupply of office space will be filled by the time it opens the tower at Symphony Center in 36 months. Hines already is meeting with prospective tenants, said John Heagy, a Hines vice president.
"This is a unique building," Heagy said. "The connection it has to the symphony will, in and of itself, draw a lot of prospects to the building."
The as-yet-unnamed tower would be the first phase of the Symphony Center project proposed for Peachtree and 14th streets on six acres owned by the Woodruff Arts Center. Hines has contracted to buy about two of the acres for its building at a price that would cover a substantial portion of investment Woodruff made when it acquired the land for a new symphony hall two years ago, Voyles said.
The Atlanta Symphony Orchestra plans to open its new hall in 2008.
"The building will work with or without the Symphony," Voyles said. "It's a better building with it."
Hines' project would be connected to the new symphony hall building by a 1.5-acre plaza area that would become "a major public space" shared with other office properties including Promenade II, Voyles said.
King & Spalding has been downtown since it was founded in 1885, but a Midtown location, the Symphony Center and the chance for brand-new, efficient space proved tempting enough to leave.
"We are very proud to play a supporting role in the development of the Symphony Center project and this vibrant cultural hub in Atlanta," said Walt Driver, managing partner. "We are committed to participate fully in the Atlanta community, and being part of a project that will benefit both the business and arts communities is an exciting prospect for us."
When it opens, the 650-foot office tower would be the tallest office building erected in Atlanta since the 1,023-foot Bank of America Plaza and 871-foot SunTrust Plaza opened in 1992.
"We want a building that will have a very strong vertical lift to it," Voyles said. "Our building is a free-standing statement, but it respects the architectural vernacular of the hall."
Hines needs a special administrative permit to build the tower. It also plans to file for a permit to remove two American linden, or basswood, trees for the project.
The plans would be subject to the review by the Atlanta Regional Commission and the Georgia Regional Transportation Authority because the project would qualify as a development of regional impact.
King & Spalding would occupy the building's top 14 floors and have options to expand.
The office floors would sit atop 12 levels of parking. The parking deck would have spaces for street-level retail and restaurants.
King & Spalding would leave downtown just as the area gains momentum from the Georgia Aquarium, scheduled to open in 2005 just north of Centennial Olympic Park.
Some with downtown interests expressed disappointment at the prospect of losing the venerable law firm.
"They're making a very, very foolish mistake," said Richard Bowers, a downtown booster and developer who owns the 260 Peachtree office tower.
Look familiar????????
New York Times Tower
NYTIMES doubled there...lame.
New York Times Tower
They often make weak copies in the provinces.
New York Times Tower
At least they won't have a heated debate over the spire.
Are we sure the Atlanta version was designed after that of the NY Times ?
New York Times Tower
no.....
Im sure, Pritzker Prize winner Renzo Piano copied the very corporate designs of the world famous Jon Pickard.... only transfiguring the corporate identity, to that of quality.
This imitation is lame. Materials set aside, this is the NYTIMES tower just doubled, nothing simplistic, no clean lines. This building sucks...
New York Times Tower
Jon Pickard will never forgive you.
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