Yes
No
53-story tower planned for the N.Y.U. Downtown Hospital parking lot
Gul, please, I read the article. Especially, atleast, the first line of it. It mentioned a 53 storey tower, it didnt mention the height including the base which will include floors for institutional and commercial use.
The 69 storey tower was an estimate made for the building when the tower had 45 storeys. It could theoretically be taller now and 80 storeys. It could also not.
At this point its purely speculation, Gul, purely speculation...
Originally Posted by Gulcrapek
The tower was always assumed to be roughly that height, but has since been expanded...In a July 27 resolution, Community Board 1 suggested ways to mitigate the impact of the 53-story tower planned for the N.Y.U. Downtown Hospital parking lot at the base of the Brooklyn Bridge.
since when was it expanded?....if the latest article says 53 stories then it's 53 stories.
http://www.dec.state.ny.us/website/e...0728/not2.html
Negative Declaration
New York City County - The NYC Department of Housing Preservation And Development, as lead agency, has determined that the proposed NYU Downtown Hospital Parking Lot Development will not have a significant adverse environmental impact. The action involves an agreement that releases existing restrictions that permit conveyance of the property (Block 100, Lot 1) only to a “qualified hospital, charitable institution, association or corporation or authority.” The New York University Downtown Hospital is seeking to dispose of an approximately 44,352 square foot portion of the site, which currently accommodates a public parking lot (the “Parking Lot Parcel”), and unused air rights associated with the remaining portion of the site (the “Hospital Parcel”) to a developer for development in accordance with applicable zoning regulations. The proceeds gained through the sale of the parcel are expected to help finance capital improvements at the hospital, as well as the hospital’s ongoing operations. It is anticipated that as a result of the action a new, 53-story high-rise, mixed-use building would be erected on the Parking Lot Parcel. As part of the conveyance, it is expected that the developer will include an approximately 30,000 gsf ambulatory care facility for NYU Downtown within the new development. The project is located at 16-60 Beekman St., 8-42 Spruce St., 170 William St., 71-77 Gold St. (Block 100, Lot 1), Manhattan.
Contact: Walter Roberts, 100 Gold Street, New York, NY 10038, phone: (212) 863-8484, fax: (212) 863-8499, email: robertsw@hpd.nyc.gov.
O-kay.
It's important to believe everything you read as fact. They can't print things that aren't true. Certainly if it is "anticipated" it must be true.
:roll:
Of course there's a chance that the information is inaccurate but until there is something to prove it wrong it can't just be discounted.
No need to get twisted in a knot over the exact number of floors. We'll know everything when a final version of the tower comes out.
since when was it expanded?....if the latest article says 53 stories then it's 53 stories.Derek this speculation is based on what you yourself said:Of course there's a chance that the information is inaccurate but until there is something to prove it wrong it can't just be discounted.
A 53 storey tower added to a 24 storey base could result in a 77 storey building.According to a Globe St. article, the NYU and Pace components total 24 floors. Thus that's 69 floors so far and maybe that doesn't include the retail base.
The link to the article isn't working yet but you can read the intro.
http://www.globest.com/news/newyork/
I haven't really been following the configuration of this building but assumed that the 24 stories that Pace and NYU will occupy are among the 50 or 60 total. Therefore, the residential portion will be about 30 floors. Local residents would flip out if someone wanted to build a 70 story building. This "ain't" Chicago or Houston where residents welcome big erections! New Yorkers despise super-big towers.
Here's the full article:
Liberty Development Corporation
Press Office
(212) 803-3740
www.nylovesbiz.com
FOR RELEASE: IMMEDIATE
5/19/2004
LIBERTY DEVELOPMENT CORP: NEW BUILDING IN LOWER MANHATTAN TO HOUSE PACE & NYU DOWNTOWN HOSPITAL
Construction of New Building to Generate Over 1,500 Jobs
Liberty Development Corporation Chairman Charles A. Gargano today announced that FC Beekman Associates, LLC will receive an inducement of $243 million in commercial liberty bonds for the construction of the lower 24 floors of the tower that will serve the needs of Pace University and the NYU Downtown Hospital. Pace and the hospital will utilize 455,000 square feet of the new one million square foot mixed-use building at the NYU Downtown Hospital site in Lower Manhattan from the Liberty Development Corporation.
Over the period of construction, this project is estimated to generate approximately 1,546 total full-time jobs within New York City from spending on construction and soft costs. The new construction project is estimated to generate more than $14 million in direct, indirect, and induced taxes over the construction period.
“The construction of the building will support the City and State’s vision of Lower Manhattan as a diversified, 24/7 community,” said Chairman Gargano. “This project exemplifies why New York State is seeking from Congress a 5 year extension of the Liberty Bond program deadline which is currently December 31st of this year. It is vital to the stability, strength and growth of this area to continue these types of incentives so that developers and businesses are attracted to Lower Manhattan. With important opportunities for growth like this, we will achieve the Governor’s goal of creating one million jobs by the end of the decade.”
Liberty Development Corporation is a subsidiary of Empire State Development Corporation. The Empire State Development Corporation is working in cooperation with New York City’s Economic Development Corporation.
“This project is a perfect illustration of how our public-private partnerships can bring jobs, investment and housing to New York City," said Economic Development Corporation President Andrew Alper. "By working with our partners at Forest City Ratner, Pace University, NYU Downtown Hospital and the State, we were able to arrive at a creative solution that will help in the revitalization of Lower Manhattan and its transformation into a vibrant, round-the clock community.”
The Building will sit adjacent to the hospital on the block bounded by Spruce Street to the North, Beekman Street to the South, William Street to the East and the lot lines of the existing structures to the West. The total site area is 44,286 square feet. The project will include a 24-story base serving Pace University and the NYU Downtown Hospital with a 45-story residential tower set atop. Also included in the structure will be space for retail stores and below-grade parking.
Pace University will lease 330,000 square feet of the building. Pace’s facility will include a residence hall space which will accommodate 600 students; and The Lubin School of Business, a welcome center, admissions office and art gallery, general-purpose classrooms and dining and fitness facilities. Pace University is planning to increase employment as a result of the business school and dormitory expansion, the project will produce new City and State tax income, and the increased number of students coming from outside of the City will generate substantial new retail spending. Pace's participation depends on approval by the board of trustees. A board meeting is scheduled for May 26.
Pace University President David A. Caputo said, “This will be a world-class facility for what we think is a world class business school, and will free up space in our present building for students in our other schools, as well as increasing opportunities for more interaction with the downtown community. It reaffirms our commitment to lower Manhattan and to the business community of the city. It accommodates our recent growth and our projected enrollment increase of two percent over the next five years, and gives us a chance to create a genuine urban campus. We are very grateful for the support of both the city and the state for helping us work out the details. Without that support our participation would not have been possible.”
“The creation of a true campus environment will contribute to an active street life and support evening and weekend retail uses. Pace University has long been an important institution to Downtown Manhattan and is now seeking to upgrade its facilities and create a campus environment worthy of a first-class academic institution,” Chairman Gargano added.
The NYU Downtown Hospital facility will be a 25,000 square foot Ambulatory Care Unit. The Hospital will use the facilities primarily for outpatient care. Approximately 80,000 square feet of public parking, accommodating up to 400 cars, will be located below-grade. The Hospital will own half of the 400 parking spaces. The retail component of the Project will total 20,000 square feet on the ground floor and will be used to activate the sidewalk.
Robert Bonvino, MD, Vice-President, Government Relations said, “We are very pleased that the use of Liberty Bond financing has been approved for this portion of the development project. We believe that this project will prove to be important for the hospital but more importantly for the entire Lower Manhattan community. Our Hospital is dedicated to providing access to quality healthcare to all of our neighbors. We believe that healthcare and access to such must be considered an integral part of the infrastructure necessary for the revitalization of Lower Manhattan.”
The top 45 stories will be a residential tower and the project’s housing proposal is currently being reviewed for a separate action by New York City’s Housing Development Corporation for Residential Liberty Bonds.
“We’re pleased that the Liberty Development Corporation has approved the use of Liberty Bonds for this vital project, which will enhance the city’s educational and health care infrastructures and generate jobs and economic activity in Lower Manhattan,” said Bruce C. Ratner, President and CEO of Forest City Ratner Companies. The around-the-clock, seven-day-a-week lifestyle of the Pace students will bring vibrancy and energy to the neighborhood.”
The developer of this site will be Forest City Ratner Companies and the architect will be Frank Gehry. Construction is expected to begin in early 2005.
Its possible that its 53 storeys all together or that as a combined structure, a taller building.I haven't really been following the configuration of this building but assumed that the 24 stories that Pace and NYU will occupy are among the 50 or 60 total. Therefore, the residential portion will be about 30 floors.
This is just outside the Manhattan Civic Center, there aren't too many residents.Local residents would flip out if someone wanted to build a 70 story building. This "ain't" Chicago or Houston where residents welcome big erections! New Yorkers despise super-big towers.
More information:
Straight-lease transaction for the benefit of FC Beekman Associates LLC and/or one or more of its affiliates and Pace University and/or one or more of its affiliates, in connection with the construction of an approximately 330,000 square foot condominium unit as part of an approximately 950,000 square foot building on an approximately 44,289 square foot parcel of land that comprises most of the block bounded by Beekman, Spruce, Nassau and Gold streets, New York, New York, identified as Tax Lot 1 of Block 100. The condominium unit will be used
for a business school and dormitories for Pace University, with the remainder of the building to consist of residential units for rent and/or sale. The financial assistance proposed to be conferred by the Agency will consist of payments in lieu of City real property taxes.
That effectively leaves 620,000 square feet for the residential tower portion. Relatively that's alot of space.
Local residents would flip over a 30-story building. But it doesn't matter, its whatever the site is zoned for.
But lets be more specific in our speculation:
So far you get a 45-story apartment tower...
So you now have 24 lower floors used by Pace and NYU Downtown Hospital in addition to the 45-story apartment tower. I'm sure we can all add here.
Posting Permissions
Reply With Quote
Bookmarks