Reply With QuoteAny reports on the height?
Possisble new office tower at 11th Ave and 18th Street
Barry Diller's InterActiveCorp is seeking $80 million in tax-exempt Liberty Bonds--funding that was authorized by Congress to help the city rebuild after Sept. 11.
The Manhattan-based media company, whose properties include Ticketmaster and Expedia, would use the money to help finance an office building at 11th Avenue and 18th Street, according to Newsday, which reported the company’s interest in the bonds. A spokeswoman for the company declined to comment.
The city’s Industrial Development Agency has allocated $1.2 billion of the bonds, including $650 million for Bank of America’s planned building on 42nd Street, over criticism by redevelopment officials that the funding should be used for lower Manhattan.
Copyright 2003, Crain Communications, Inc
Any reports on the height?
ive heard it will be 160,000 sf but no height, there will be a IDA meeting for this in October like the one Durst just when threw
ive heard it will be 160,000 sf but no height, there will be a IDA meeting for this in October like the one Durst just when threw
Interesting place for an office building. That's the parking lot across from the Roxy, yes? Chelsea Market, public storage building & the teleco hotel in the Nabisco building are the only commercail space in that area. I'd rather see a nicely designed public housing project go there. The lower strata ofthe economic classes is llosing ground in Manhattan, and they are critical to many industries - particularly tourist & hospitality.
I agree but i feel the project should go foward. The city must reinvest in the outer boro's were there is much potential to build milions of new units in some old industrial areas. Real New Yorkers are getting priced out
http://www.gehany.com/
Here's a building designed for Gary Edward Handel Architects for a building I think is in Chelsea. Tyco Building – New York, NY
Client: Tyco Submarine Systems, Ltd.
Facility: Office
Cost: $90 M
Size: 540,000 SF
Concept Design
Located at the northern edge of Manhattan’s “Silicon Alley,” this 15-story structure is designed to accommodate both web hosting and office use. The superstructure will have 150 lb load capacity for computer floor installation. UPS, generator, and cooling capacity are designed to withstand a 72-hour blackout period.
Other features include retail frontage on the ground level, expandable fuel and water storage in the basement, and a plan configuration for conversion to office use as tenant needs change. The construction method and mechanical systems are planned to meet an 18-month construction period.
Sure looks ugly.
Is Tyco still on board? Their name is mud.
Who knows, once the Koz is out, the company could come back fine - they have some good products and companies under their belt. There was talk of moving the company from New Hampshire, too. The Execs were in NYC, as were some other ops. Mud or not, it's a mutli billion dollar company that be a nice presence in NYC, especially if a new headquarters is built.
Who knows, once the Koz is out, the company could come back fine - they have some good products and companies under their belt. There was talk of moving the company from New Hampshire, too. The Execs were in NYC, as were some other ops. Mud or not, it's a mutli billion dollar company that be a nice presence in NYC, especially if a new headquarters is built.
I actually heard thatTyco had moved there executive office to Princeton in September
I actually heard thatTyco had moved there executive office to Princeton in September
Yea, the Tyco building has been scrapped and a residential tower will be built.
88 Leonard Street
20 stories 210 feet
Costas Kondylis & Partners
Proposed Summer 2004-Mid 2006
From the Tribeca Trib
http://tribecatrib.com/
Apartment Building for Broadway
A 20-story building with 345 rental apartments is being planned for the parking lot at the southeast corner of Broadway and Leonard Street. Brooklyn developer Shaya Boymelgreen has signed a 99-year lease on the property, which is owned by an affiliate of Edison Parking, and hired Architect Costas Kondylis to design the 210-foot-tall, 300,000-square-foot building. As of early last year, TyCom, a subsidiary of Tyco International, was planning to build a telecommunications center on the site, in the face of vigorous community opposition. But that plan was scuttled because of Tyco’s sudden financial and legal troubles. Sara Mirski, the project manager at Boymelgreen, said last month that the sizes and rents for the apartments had not been determined. The project, called 88 Leonard, will include about 15,000 square feet of retail space and probably an underground garage. Mirski said that the project did not require any special permits and that Boymelgreen hopes to start construction next summer and begin renting apartments in mid-2006. Boymelgreen Developers is also constructing a residential project, combining a new building and a warehouse conversion, at 256 West St., and is converting an office building at 15 Broad St. and the adjacent landmark building at 23 Wall St. into 500 apartments. The firm has developed numerous projects in Brooklyn.
InterActiveCorp announces plans for Chelsea building
Barry Diller’s InterActiveCorp is planning to set up new digs in Chelsea, the company announced today.
The Web commerce company said its new headquarters, a nine-story, 165,000-square-foot glass building designed by Frank Gehry, will rise on 11th Avenue, between 18th and 19th streets. IAC has applied for $80 million in tax-exempt Liberty Bonds--authorized by Congress to help the city rebuild after Sept. 11--to help finance the project.
IAC is partnering with The Georgetown Co., a privately held real estate firm, based in Manhattan, to develop the building, which will include a ground-floor public space and restaurant. Construction is set to begin by early 2004 and slated to be completed by the end of 2006. IAC’s current headquarters stand at 152 W. 57th St., and the company has employees scattered at other locations throughout Manhattan.
IAC, formerly USA Interactive, encompasses a range of businesses, including Expedia, Hotels.com, Match.com and Ticketmaster. It also owns a percentage of Vivendi Universal Entertainment.
Copyright 2003, Crain Communications, Inc <http://www.crain.com>
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