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Thread: New Goldman Sachs Headquarters - 200 West Street - by Henry Cobb of Pei Cobb Freed

  1. #31

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    This is the best news I've heard in quite a while. Losing a Wall St original would have been a big psychological blow to Downtown.

    There should be no neighborhood problems (I hope) with site 26b. The possibility of a bus garage must have taken into account that there would be a building above it.

    Fingers crossed.

  2. #32
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    Quote Originally Posted by Stern
    Nyguy posted at ssp:


    The Vesey Street skyscraper would consolidate personnel from Goldman's one million-square-foot office on Broad Street, as well as locations at 1 New York Plaza, 32 Old Slip and 180 Maiden Lane.

    Leases at those buildings expire in five years.
    Both, very nice.



    Quote Originally Posted by Stern
    It isn't interested in relocating its headquarters to midtown because some of its people will be moving to Jersey City next year, to a stunning new tower designed by Cesar Pelli.

    If it builds on Vesey Street, its two buildings will be just a Path train ride apart.
    Using the Citigroup model, I guess. Makes good sense.

  3. #33
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    Quote Originally Posted by NYatKNIGHT
    Why not occupy one of the five WTC towers?
    At the expense of opening a can of worms...

    Because the last one was a terrorist target TWICE.

  4. #34

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    ...c'mon, you think it has nothing to do with what a mess that whole thing is?

    In finance, we try to avoid: paralasys by analysis.

    GS isn't gonna run their shop on someone else's clock.

  5. #35

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    Quote Originally Posted by ZippyTheChimp
    The possibility of a bus garage must have taken into account that there would be a building above it.
    What this means is that the tour bus garage is going somewhere else. If you know anything about Goldman Sachs, then you know that their top brass would never sign a deal that did not reserve for them a substantial underground parking garage for their own vehicles. Site 26 was never the LMDC's first choice for a tour bus garage in any event, as even that tone-deaf agency recognized the unseemliness of directing all of the idling tour buses to a lot across the street from little league ballfields, simply to spare the "sanctity" of the "footprints". The most recent talk has been about a bus garage underneath the DB building, but it is probably too small. Eventually, someone at the agency is going to need to have to muster the courage to tell the families that the only sensible location for the bus garage is on the WTC site itself, where it can take advantage of the existing infrastruture. (There was a large garage there pre 9/11.)

  6. #36

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    Quote Originally Posted by BPC
    Quote Originally Posted by ZippyTheChimp
    The possibility of a bus garage must have taken into account that there would be a building above it.
    What this means is that the tour bus garage is going somewhere else. If you know anything about Goldman Sachs, then you know that their top brass would never sign a deal that did not reserve for them a substantial underground parking garage for their own vehicles. Site 26 was never the LMDC's first choice for a tour bus garage in any event, as even that tone-deaf agency recognized the unseemliness of directing all of those idling, diesel-spewing tour buses to a lot across the street from little league ballfields, simply in order to spare the perceived "sanctity" of the bedrock "footprints." The most recent talk has been about a bus garage underneath the DB building, but it is probably too small. Eventually, someone at the agency is going to need to have to muster the courage to tell the families that the only sensible location for the bus garage is on the WTC site itself, where it can take advantage of the existing infrastruture. (There was a large garage there pre 9/11.)

  7. #37

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    I never liked the idea of the bus garage at site 26b, another reason being it discharges passengers on the wrong side of the street. However, the fact that it was even considered, knowing there would be commercial development on the site, indicates it is feasible along with underground parking and loading docks for an office tower.

    Neither the LMDC or the PA as an agency is going to be able to state that the garage should be on the site - that can only come from Pataki. Given that DB is too small (it appears to be), I see it as 50-50 that 26b will be the garage. It would have to be multilevel and require a bathtub like the WTC. It would be expensive.

    At least with a Goldman Sachs deal, the issue would finally have to be resolved.

  8. #38

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    Downtown really needs these kinds of projects to spice it up and to make the libeskind project look more balanced, rather than a load of sharp bits stuck up in the middle of a keyboard of skyscrapers.

  9. #39

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    Quote Originally Posted by ZippyTheChimp
    It would have to be multilevel and require a bathtub like the WTC. It would be expensive.
    That's one of the major reasons some on the LMDC board never liked the idea. Plus the fact that it wouldn't have had nearly enough space for the number of buses that the agency says will be needed...

    I don't know what kind of height limits, if any are on that site, but a building of 900 to 1,000 ft would look nice alongside the new WTC towers. Imagine that and a 1 NY Place building somewhere Downtown. It would be a skyscraper paradise...

  10. #40

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    Oh, stop, stop. im starting to drule.

  11. #41

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    What if they built one identical to the building in JC?! That would look wild!

  12. #42

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    Offsetting the bathtub cost by re-using a design could work.

  13. #43

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    So, how tall do you think this building will be?

    BTW, what really is the story on 1 New York Place? I've seen a sort of rendering, but is it being built really a possibility?

  14. #44
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    The developer wants to build. They've been successful. Downtown is booming with residential and transit improvements. More parks, new WTC, this building would be a huge success.

    I think it will get done, in time.

  15. #45

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    Brookfield controls 8.4 million sq ft downtown, a lot of it vacant. Lehman pulled out of a deal for 750,00 dq ft in WFC. Goldman is still paying rent to Brookfield for the vacant space in 1 Liberty, put that's due to expire soon. Brookfield needs this deal.

    Goldman may be encouraged to build by the improved outlook for financial companies. Its own 4th qtr results are expected to be good. Get in now ahead of the curve.

    There is one fly in the ointment. Brookfield and the Battery Park City Authority have been in a legal battle for years over development rights on site 26b.

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