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Thread: 605 West 42nd Street at 11th Ave - by Costas Kondylis

  1. #16
    Disgruntled Optimist lofter1's Avatar
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    The next to go on this block will undoubtedly be the 2-story white brick building with the arched windows on 42nd (currently a garage) and the long low-rise building on 43rd. Combined they make a huge parcel.

    And how long can that single white brick building near the Chinese Consulate stay put? It's a tiny parcel, so maybe it will survive ...

    ***

  2. #17
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    Far West Side Development Is Announced

    By HANNAH CLARK, Special to the Sun

    Developers of a 1.5 million-squarefoot residential and retail complex, one of the first major projects in the recently rezoned Far West Midtown area, will start selling condominiums in January, with the first apartments ready by the end of next year.

    The Moinian Group, a New York-based developer, and MacFarlane Partners, a real estate investment firm headquartered in San Francisco, are constructing the complex between 42nd and 43rd streets, west of 11th Avenue.

    The block is not technically in the Hudson Yards area, but it was rezoned around the same time. The zoning changes, approved by the City Council about a year ago, allow for denser residential and commercial development in an area that has been left behind by New York's real estate boom.

    "Right now there's a Verizon phone facility and a Mobil gas station, and not a whole lot else," a managing principal with MacFarlane, Chuck Berman, said.

    "I think adding more people, great architecture, and retail space will anchor that part of the neighborhood and provide more reasons for people to live on that western corridor of Manhattan."

    A sales agent with City Connections, Corey Wecler, said the Moinian/Mac-Farlane complex will "test the waters" for future developers looking at Far West Midtown. "I'm sure the building will sell out just fine, and other developers will follow," Mr. Wecler said. "The Far West is one of the last places left for prime development, especially with the changes in zoning."

    The first phase of the project, scheduled for completion in late 2006, is a 500,000-square-foot, 46-story residential tower called Atelier. The second part of the development, which won't be completed until 2009, is a mixed-use complex. Ultimately, the project will include more than 800 condominiums and 350 rental units, along with retail and parking space.

    "The city's plan is to stretch this kind of development down to 30th Street," the founder of a real estate data aggregation Web site, Property Shark, Matthew Haines, said. "I think you're going to see a row of these humongous buildings. Imagine a giant curtain of Trump-sized buildings from 30th to 42nd."

  3. #18
    Moderator NYatKNIGHT's Avatar
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    The last few posts are a bit out of order and nonsensical, but they're now in the correct thread.

    Carry on!

  4. #19
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    This one is going to be a nice project, cant wait to see it rise, great location for what he wants and along with Riverplace 2, it will complete the whole new western edge of 42nd street as a residential force

  5. #20

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    Only thing it lacks is decent public transport---it's quite far from the subways.

    Quote Originally Posted by kliq6
    This one is going to be a nice project, cant wait to see it rise, great location for what he wants and along with Riverplace 2, it will complete the whole new western edge of 42nd street as a residential force

  6. #21
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    Eventually the 7 train will have a stop at 42nd and 11th

  7. #22

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    Quote Originally Posted by kliq6
    Eventually the 7 train will have a stop at 42nd and 11th
    When is eventually?

    They've been "working" on the Second Avenue Subway for the better part of eighty years.

  8. #23
    Disgruntled Optimist lofter1's Avatar
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    Quote Originally Posted by vc10
    Only thing it lacks is decent public transport---it's quite far from the subways.
    If they'd just build the darned 42nd Street surface Light Rail / Trolley ...

  9. #24
    Build the Tower Verre antinimby's Avatar
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    Quote Originally Posted by from Sun article
    "The city's plan is to stretch this kind of development down to 30th Street," the founder of a real estate data aggregation Web site, Property Shark, Matthew Haines, said. "I think you're going to see a row of these humongous buildings. Imagine a giant curtain of Trump-sized buildings from 30th to 42nd."
    I think they would have to do this all at once because if they do it in spurts, then the residents that move in first won't not allow the subsequent buildings to go up.

  10. #25

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    Quote Originally Posted by ablarc
    When is eventually?

    They've been "working" on the Second Avenue Subway for the better part of eighty years.
    The 7 Train expansion is 100% funded from the city's capital budget.
    Last edited by ASchwarz; December 2nd, 2005 at 11:56 AM.

  11. #26
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    Construction plans have been created too.

  12. #27

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    The 7 train extension is 100% go...

    i wonder who the architect is going to be -- i am hopeful because the dude from macfarlane mentioned "good architecture".

  13. #28
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    & train is happening soon, its part of the hudson yards redevelopment, the city is financing it themself. But anyway this project wont break ground till 2007 atleast since Verizon has the place leased out till Sept 2006.
    Last edited by kliq6; December 2nd, 2005 at 03:15 PM.

  14. #29

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    Quote Originally Posted by elfgam
    The 7 train extension is 100% go...
    Hurry up…

    Quote Originally Posted by kliq6
    …this project wont break ground till 2007…
    …and wait!

  15. #30

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    He's referring to the building (Eleventh/42nd), not the subway line.

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