http://www.nytimes.com/2008/10/01/ny...em&oref=slogin
in the article is says there still aren't any tenants.
in other updates: i heard the concrete is all topped out (40 floors) and the steel is up to around 34 or 35.
SJP should stop seeking one large corporate tenant. Under these economic conditions, that is no longer a likely option.
Instead, he should go the other route, which is to rent to multiple tenants that may only need smaller blocks of space. That means law firms, media companies, not-for-profits, entertainment, etc.
You get enough of them and you've got a tower filled up. Not all towers need to have one, large main corporate tenant to be successful.
Even the trusty IGNORE feature doesn't spare me the pain ...Originally Posted by lbjefferies
Yesterday and today ...
11 ts plaza
Nice photos, Lofter.
I like how this building flares out at the top.
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11 ts plaza
This really seems to be developing into an example of a perfect design for the location. It's looking great an the angle is really amplified by the other buildings around it.
I'm liking what the pictures show so far. Some have had reservations about the reflectivity of the glass, but for me I'd say it's a non-issue. At the very least, it's nowhere near being in the same league of tackiness as the Astor Place tower.
Actually, I really like what I see in the first couple of close-up shots from Lofter's second set. The silvery tones and brise soleil will play very well with the buttoned-up New York Times tower while still having a lively energy of its own.
I've always liked the premise of this building. I liked how it flared out while having a corporate subdued face anchoring it. I think its a perfect balance for the new Times Square. That said I feared with such a complicated design program reality might ruin such a premise, the materials would make or break the design. So far the materials look great. What wrong with a little reflective glass, this is Times Square after all.
Looking great so far. I love the way it kinda subtly canvetiliers via a slant our onto the street a bit.
From the west side this tower is gonna have a very important function. It will block off our sight the hideous 7TS. Now we need a couple of nicer towers (which does not take much) from the east and south to bury that POS.
You know there's something interesting about this tower when even the tourists are pointing and gazing up at it.
"Look how tall it's getting..."
What they were admiring...
Tourists will look up at anything, just to stop pedestrian traffic.
The concrete core should be topped out by now. They're putting up the steel for floors 33-34 so that means there are about 6 floors of steel construction left.
At a rate of about 1 floor per week, that means they will top out at the end of November/ beginning of December. They are on/ahead of schedule and with no accidents. Impressive.
This contractor is doing the best job in the city right now.
Impressive indeed. Just earlier in the year, this site was a grass field. Now, it's all concrete and steel.
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