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Thread: Bush Tower 'Addition' - 140 West 42nd Street

  1. #106

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    According to the web site of the constriction company -Pavarini McGovern.

    “140 West 42nd Street NYC. We are providing preconstruction services for this new 23-story commercial/office building in Midtown Manhattan”

    (btw -Pavarini McGovern was the GC for the Dr’s 505 Fifth)

  2. #107

  3. #108
    Forum Veteran macreator's Avatar
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    Quote Originally Posted by Wall Street View Post
    Jeff who is the Dr.
    He's referring to Dr. Axel Stawski, the developer.

  4. #109

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    Quote Originally Posted by Jaffster View Post
    The 42nd street flea market is GONE!!!!
    AWESOME!!

  5. #110
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    Flea market is shut but no movement on anything correct? I havent been in that area of the city recently

  6. #111
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    American Properties sold this site to the owner of the Knickerbocker, as per Steve Cuozzo in the Post.

    if you cant rent 120,000 sf in this market you shouldnt be in this business, American Properties should be ashamed and im glad i dont work for them!!!


    Steve's Article
    October 24, 2006 -- BIG doings on 42nd Street: Mawan Dalloul's American Properties sold the spectacularly situated empty lot at 140 W. 42nd St. for $76 million to Dubai-based Istithmar, which plans to build a hotel/condo. Istithmar also owns 6 Times Square, the former Knickerbocker Hotel, next door.

    Dalloul shuttered the site's longtime flea market a few months ago. But he decided to sell the land rather than develop a speculative office project he'd long planned at No. 140, which is just west of his Bush Tower at No. 130.

    The deal paves the way for Istithmar - which has been on a local buying spree - to fill in the street wall on the south side.

    At one point, Dalloul said, "We considered a joint venture with Istithmar, but things got accelerated." The site can support a project of about 180,000 square feet.

  7. #112
    Build the Tower Verre antinimby's Avatar
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    Damn it.

    Wished they would build an office building.

    Now we're gonna get another 1600 Broadway on the Square.

  8. #113
    Disgruntled Optimist lofter1's Avatar
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    Maybe the Hotel will be something good -- the design for the new addition to Bush was never all that satisfactory.

  9. #114

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    I liked the Bush Tower addition. However, I assume that the hotel will do something extremely nice, since entities from Dubai have a lot of money. Also, this hotel is poised to be extremely high end and any addition will probably be very nice.

    I had speculated that the hotel would buy this parcel. I would like to see the addition incorporate a soaring, multi-story entrance like the new addition to the Carlton Hotel on Madison, which is really nice.

  10. #115
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    this may sound funny, but Armani is going to build a Hotel on this site>

  11. #116

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    Where did you hear that?

    I've read that Armani will build two hotels in NY. Armani hotels will start operating in NY, London, Paris, Milan and Dubai.

  12. #117
    The Dude Abides
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    Not funny at all, actually. I've heard on several occasions that Armani has a big partnership with Istithmar, the Dubai-based developer that acquired the Knickerbocker. If you heard right, this will be a super-luxurious hotel, on par with the best in the city.

  13. #118

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    Really, on 42nd street? It would be interesting...especially if he put his name to the knickerbocker and supervised the restoration. But I just can´t imagine him doing an all new stand-alone building. My guess is that he wouldn´t want his name to be upstaged by an architect. That´s something Prada would do...but not Armani.

  14. #119

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    I find it pretty ironic that the bazaar that sat on the site that sold among other cheap knock-offs, knock-offs of Armani's will be replaced by a hotel with Armani's backing.

  15. #120
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    Quote Originally Posted by londonlawyer View Post
    Where did you hear that?

    I've read that Armani will build two hotels in NY. Armani hotels will start operating in NY, London, Paris, Milan and Dubai.
    Industry source, this will go hand in hand with the Knickerbockers conversion back to a Hotel

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