The Centria - 16 West 48th Street - Rockefeller Center - Condo - by Perkins Eastman

[billyblancoNYC]

http://www.nypost.com/realestate/44530.htm

Studley investment sales wiz Woody Heller, who's had a hot hand lately, just pulled off a small but significant Midtown development-rights sale.

Heller represented Central Parking System, owners of a garage at 10 W. 48th St., in the $23 million sale of the garage's air rights plus two small adjacent buildings to Jules Demchick's J.D. Carlisle Development Corp.

Carlisle plans to raze 16 and 20 W. 48th St., now rented to fast-food shops - glaringly out of place in what Heller calls the "penumbra" of Rockefeller Center between Fifth and Sixth avenues. It plans to put up a new 131,500-square-foot residential condo or hotel on the midblock site, just steps from the Rock Center Christmas tree.

Heller recently represented the sellers in the sales of McGraw-Hill's portion of 1221 Sixth Ave., of 261 Fifth Ave., and while still at CB Richard Ellis last year, of 2 Park Ave.

[dbhstockton]

I've always wanted to see something like this happen at that mid-block site.

[billyblancoNYC]

This is a good sign. There's still alot of development and improvements to be done, even in midtown.

[dbhstockton]

Is that at the southern terminus of the mid-block street? The north side has the old Time-Warner Building. The cruddy buildings on 48th st. ruin the sense of enclosure at Rock. Plaza:

[Gulcrapek]

Kind of washed out, but finished; 645 Fifth.

[Derek2k3]

Originally Posted by billyblancoNYC

http://www.nypost.com/realestate/44530.htm

Studley investment sales wiz Woody Heller, who's had a hot hand lately, just pulled off a small but significant Midtown development-rights sale.

Heller represented Central Parking System, owners of a garage at 10 W. 48th St., in the $23 million sale of the garage's air rights plus two small adjacent buildings to Jules Demchick's J.D. Carlisle Development Corp.

Carlisle plans to raze 16 and 20 W. 48th St., now rented to fast-food shops - glaringly out of place in what Heller calls the "penumbra" of Rockefeller Center between Fifth and Sixth avenues. It plans to put up a new 131,500-square-foot residential condo or hotel on the midblock site, just steps from the Rock Center Christmas tree.

Heller recently represented the sellers in the sales of McGraw-Hill's portion of 1221 Sixth Ave., of 261 Fifth Ave., and while still at CB Richard Ellis last year, of 2 Park Ave.

From Sota Glazing

http://www.sotawall.com/proj_detail/USA_18W_01_lg.jpg

18th West 48th Street

New York City, New York


Images will be updated soon.

Partner: W&W Glass, LLC.

Owner+Contractor: M.D. Carlisle Construction Corp.


architect: Perkins Eastman
synopsis: 35 storey building with Thermo3 Series 2sided and 4sided System, 2,200 Frames with 600 Vents

[Gulcrapek]

Hmm... could be nice..

[billyblancoNYC]

I think it'll come out pretty nice, actually. Not too shabby in the height dept. either. Nice views!

[NoyokA]

Originally Posted by dbhstockton

Is that at the southern terminus of the mid-block street? The north side has the old Time-Warner Building. The cruddy buildings on 48th st. ruin the sense of enclosure at Rock. Plaza:

There's another similarly sized mid block site next to TGI Friday’s on West 51st Street, which is in the later stages of demolition. Anyone know what’s going on here, it’s has to be larger than the ~10 storey building its replacing.

[BrooklynRider]

I'm really surprised they didn't strike a deal with the garage owner to build a new parking garage below grade on 48th Street, to be operated by them, in exchange for the property. It is a small footprint for such a tall building. I think it will look great tall & slender, but from a real estate deal perspective, I'm surprised no deal was struck on the garage property.

[Derek2k3]

Project #1

The Centria
18 West 48th Street
16-20 West 48th Street
35 stories 386 feet
Perkins Eastman Architects
Dev-J.D. Carlisle Development Corp.
Residential Condominium
300 units 178,492 Sq. Ft.
Under Construction 2004-Late 2005[/b]



New York Post:
http://www.nypost.com/business/41045.htm

J.D. CARLISLE WORKING OVERTIME

By LOIS WEISS

The developer of Morton Square is involved in several high-profile transactions, including the creation of the first luxury residential condominium in Rockefeller Center.

Jules Demchick's company J.D. Carlisle, is also in contract to sell its Penn Station luxury rental project, The Penmark, to Ofer Yardeni and Joel Seiden of Stonehenge Partners, Commercial Real Estate Direct reported. That price, sources said, could top $240 million.

As for the Rock Center tower plan, Demchick told The Post that the 34-story 16 W. 48th St., called the Centria, will be "a gorgeous glass curtain wall building," designed by Perkins Eastman Architects with interiors by Philip Koether, who formerly handled that chore for Cesar Pelli.

Adrienne Albert's The Marketing Directors will soon be offering the 150 units for somewhere in the $1,350 to $1,400 a foot range.


http://www.emporis.com/en/wm/bu/?id=222397
http://www.sotawall.com
http://articles.findarticles.com/p/a...0/ai_112986963

[BrooklynRider]

I get as excited as the next person to see new and tall developments come into the city. The problem with this area is that a new building like this will seek and upscale retail tenant at ground level. I worked at 666 Fifth and, for workers, it is a very unfriendly area. The destruction of older mid-block buildings further ensures an area almost hostile to the lower range of salaried workers that any well-rounded firm located there must employ

[Edward]

The construction of Centria. 9 July 2005.





The construction of Centria. 9 July 2005.

[londonlawyer]

Originally Posted by billyblancoNYC

This is a good sign. There's still alot of development and improvements to be done, even in midtown.

I agree. There are some horrible sites on 5th in the 40's (including the one adjacent to this project). It's a shame that the developer of this project couldn't buy the horrible 15 story white office building next to this site and tear it down.

[Gulcrapek]

^You're quite the prima donna...