View Poll Results: Do you like the final design of Beekman Place?

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    150 85.71%
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    25 14.29%
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Thread: 8 Spruce Street - Beekman Tower - by Frank Gehry

  1. #2956

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    Can someone call Forest City and get a real update?

  2. #2957

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    There's a permit from two days ago (3-17), indicating the building will have 76 floors and 890 units, which is no change.

    This is the last permit on file.

    http://a810-bisweb.nyc.gov/bisweb/Jo...ssdocnumber=01

  3. #2958
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    April Fools!

  4. #2959

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    Are you kidding? Only 38? 40 story McSam next door?

    This whole thing sucks.

  5. #2960
    Kings County Loyal BrooklynLove's Avatar
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    WoolyB is laughing at this.

    WoolyB >> Ratner

  6. #2961
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    I weep inside, and maybe outside when no one is looking. The only April Fool's joke is the POS next to it. Let's just put a purple facade on this short stump and call it the Grimace Tower and use the hole at 99 Church street to make a pool of our disappointment. And in the case that this is a joke, whoever fabricated it should be castrated.

  7. #2962
    Kings County Loyal BrooklynLove's Avatar
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    Quote Originally Posted by GreenwichBoy View Post
    The day after Ratner sent his letter, Forest City closed on $680 million in construction financing for the project, allaying fears that the project would not go forward at all. Community members had been particularly worried after the New York Times reported two weeks ago that almost all of Ratner’s $4 billion Gehry-designed Atlantic Yards project in Brooklyn could be delayed for years. Ratner also blamed the economic slowdown for that change of plans.

    The $680 million will cover the complete construction costs for the Beekman project, said Joyce Baumgarten, a Ratner spokesperson.


    From: Downtown Express April 4-10,2008
    Fully financed is not the same as fully funded, and there is no obligation to draw down the entire facility.

    Hopefully Forest City will address this rumor so we can know the truth.

  8. #2963
    Kings County Loyal BrooklynLove's Avatar
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    Quote Originally Posted by Ebola View Post
    I weep inside, and maybe outside when no one is looking. The only April Fool's joke is the POS next to it. Let's just put a purple facade on this short stump and call it the Grimace Tower and use the hole at 99 Church street to make a pool of our disappointment. And in the case that this is a joke, whoever fabricated it should be castrated.
    I'll be surprised if this is anything more than a rumor. They wouldn't be putting up the halfway up mechanical double height buildout if further height was in doubt.

  9. #2964

  10. #2965

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    Well now there is no skyscrapers being built in NY, oh we still have 4 WTC which will be built faster than the prolonged Freedom Bunker slated to be complete sometime in the next decade (15 years after 9/11). 99 chuch is stalled, tower Verre is all but a dream and the crown on BOA is still unfinished.

    Anymore good news, or are we renaming the ESB after the British holding group Willis.

  11. #2966

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    Let alone who knows how many acres of empty pits there are where there were once functional, dense and oftentimes beautiful buildings...

  12. #2967
    Senior Member treebeard's Avatar
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    Default doesn't look good

    What is true is that the concrete crew ( 200 workers ) were laid off Tuesday. More skin panels going up today. Here's from today's Crain's


    March 19, 2009 3:19 PM Developer cuts tower from 76 stories to 38

    Gehry Tower near City Hall put on hold 38 stories short of goal.

    http://www.crainsnewyork.com/article...FREE/903199969

  13. #2968
    Kings County Loyal BrooklynLove's Avatar
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    Just more of the same speculation. Let them do their analysis.

  14. #2969

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    The suspense is f'in killing me right now!!

  15. #2970
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    Ratner: 76-story Beekman Tower Design Not Shrinking, Yet
    By Matt Dunning
    POSTED MARCH 19, 2009



    Despite a recent report that their designs for New York’s tallest residential tower may be shrinking by as much as half, the building’s developers said plans for the 867-foot Beekman Tower in Lower Manhattan have not changed. Yet.

    “Given the current economy, we are conducting a study to assess costs, risks and overall timing,” a spokeswoman for tower developer Forest City Ratner told the Trib in an Email. “Work is continuing on the building, including on the school and we should have some conclusive answers shortly.”

    The building is to house the new Spruce Street School, which the developer said it would turn over to the city in 2010.

    Doubts over Forest City Ratner’s ability and/or willingness to build all 76-stories of the $680 million rental apartment tower at the corner of William and Spruce Streets surfaced March 19. WNYC reported that the city’s Department of Buildings issued the developers a permit for work to be done on the roof of the building. The report concluded that the permit “treats the top of the current [38-story] structure as a roof.”

    According to the developers, the “roof” referenced in the permit is actually the first of three setbacks included in the building’s design, not the proposed top of the tower.

    “The design has not changed,” a company spokeswoman said.
    However, when asked if the Frank Gehry-designed luxury skyscraper would still top out at the originally-prescribed height of 76 stories, the spokeswoman acknowledged that the company was beginning to consider the impact that the economy may have on the project.

    Back in October, Forest City Ratner executives insisted that the city’s crumbling real estate market had not jeopardized their plans for the tower. Five months later, with the market showing few if any signs of recovery, the company still maintains that no changes have been made to the project’s schedule. The four-story k-8 school under construction at the base of the tower, according to the company, will be delivered to the city’s Department of Education by the end of next summer, and the first rental units will be opened later in 2010. Final construction of the tower is not due to be completed until November 2011.

    MaryAnne Gilmartin, an executive vice president with Forest City Ratner, said in October that the company had been able to maintain those deadlines in large part because it had already secured the $680 million loan it needed to finance the project before the disastrous collapse of the country’s credit and stock markets.

    “The financing has been locked in and untouched by the tumultuous market we find ourselves in,” Gilmartin said last fall.

    Though the company plans to hand over the 100,000-square-foot school in the summer of 2010, it is widely considered unlikely to be opened for the 2010-11 school year. It will be up to the DOE, as well as the state School Construction Authority, to determine whether the school could or even should be open while construction goes on above it.

    When the tower is complete, it will house more than 900 rental apartments, ranging from $4,000 to $10,000 a month. The building will also have parking and doctors’ offices for the New York Downtown Hospital, plus some retail space.

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