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Thread: New tower on NW Corner of 42nd and 8th?

  1. #1

    Default New tower on NW Corner of 42nd and 8th?

    The following was reported in the 3-9-05 edition:

    The Duane Reade building on the northwest corner of 42nd St. and Eighth Ave. is under contract to be sold to a group led by Jeff Sutton and Joe Cayre, sources said.

    This site is such an eyesore. Hopefully, it will spark much needed development on a hideous stretch of 8th Avenue.

  2. #2

    Default Yep

    I know for a fact there will be but am not at liberty to divulge the details. (yet)

  3. #3
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    Hmmm. The Duane Reade is locked in by the L shaped building around it. Wonder if that buildin is in the mix? The Laugh Factory recently opened there. Would they sign a lease in a building up for sale? Also, there is the large parking lot to the west of that building. It could be a big foot print if all of those lots come into play.

    In the meantime, Time Square Plaza site lays dormant and puddle-filled.

  4. #4

    Default

    Quote Originally Posted by Wrightfan
    I know for a fact there will be but am not at liberty to divulge the details. (yet)
    Do you work for a developer or architect?

  5. #5

    Default

    Quote Originally Posted by BrooklynRider
    Hmmm. The Duane Reade is locked in by the L shaped building around it. Wonder if that buildin is in the mix?...
    I was thinking the same thing.

  6. #6

  7. #7

    Default

    Quote Originally Posted by Wrightfan
    n/t
    Does that mean that you're neither?

  8. #8

    Default

    Quote Originally Posted by Wrightfan
    I know for a fact there will be but am not at liberty to divulge the details. (yet)
    hmm...now I'm excited.

  9. #9

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    There are two Duane Reades next to eachother: one at 40th in PABT and then the one at 42nd.

  10. #10
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    Let's assume this site gets developed and Milsteins move on Times Square Plaza. With NYTT in construction, how long before the PA Tower gets new life?

    Ok, ok, I'm jumping ahead.

  11. #11

    Default

    Quote Originally Posted by BrooklynRider
    Let's assume this site gets developed and Milsteins move on Times Square Plaza. With NYTT in construction, how long before the PA Tower gets new life?

    Ok, ok, I'm jumping ahead.
    Ok, what is this "PA tower"? I mean, doesn't the Port Authority have the space at Journal Sq? Of course, those jobs coming to NY would be a very good thing...

  12. #12

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    Quote Originally Posted by BrooklynRider
    Let's assume this site gets developed and Milsteins move on Times Square Plaza. With NYTT in construction, how long before the PA Tower gets new life?

    Ok, ok, I'm jumping ahead.
    Milstein should do a residential tower w/ a hotel. There was an article in the Times this week which stated that NY desparately needs more hotel space. According to the article, NYC has the highest hotel occupancy rates in America by far (despite the fact that its prices are the highest by far).

  13. #13

    Default

    londonlawyer - Wrightfan said architect in the subject line.

  14. #14

    Default

    Quote Originally Posted by AJphx
    londonlawyer - Wrightfan said architect in the subject line.
    Thanks. Who's N/T? Do they have a website?

  15. #15
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    anything on this one, its a great location

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