Page 6 of 11 FirstFirst ... 2345678910 ... LastLast
Results 76 to 90 of 157

Thread: 309 Fifth Avenue - Hotel/Condo - by Ismael Levya

  1. #76
    Disgruntled Optimist lofter1's Avatar
    Join Date
    Jun 2005
    Location
    NYC - Downtown
    Posts
    32,654

    Default

    Perhaps the cheesy flashy glitz appeals to the target buyer from ________ (fill in the blank with the oligarchy of your choice).

  2. #77
    Build the Tower Verre antinimby's Avatar
    Join Date
    Sep 2004
    Location
    in Limbo
    Posts
    8,976

    Default

    Should've known that the architecture of this city will go the same way the retail and the rest of the city is going: generic, bland with the aim to please the Sex In the City/middle-of-America/suburban crowds that are now taking over the city.

    Those folks have no appreciation for the essence that was NY or the older, stone buildings that was a huge part of that. It's now all shimmering glass or nothing.

  3. #78
    Senior Swanky Peteynyc1's Avatar
    Join Date
    Apr 2005
    Location
    Hell's Kitchen
    Posts
    732

    Default

    I love that beautiful white building on the corner. It has amazing detail, especially up toward the top. Looks like the air rights must have been sold to build this silly ribbed green monster or they wouldnt have put glass on that side. That white building should therefore be preserved for many generations

    Also appears this new glass building may be going up and over that little building sandwiched in there.

  4. #79
    Disgruntled Optimist lofter1's Avatar
    Join Date
    Jun 2005
    Location
    NYC - Downtown
    Posts
    32,654

    Default

    That ^ is an illusion, the new one at 309-311 will rise next to (not above) little 313.
    There is ne agreement between new 309/311 for development rights from 313 and the
    three lots are now a combined Zoning Lot (per DOF.

    No deals to be found between 315 Fifth on the corner (aka 2-4 East 32nd) and the new one.

    Some info on 315:

    On Fifth, the Astors built their huge Waldorf-Astoria on the site of their houses,
    and there were several firms like Durand-Ruel, at 315 Fifth Avenue, the art dealers
    who introduced Impressionist painters to American Millionaires.
    During the final three decades of the 19th century Paul Durand-Ruel
    became the best known art dealer and most important commercial advocate
    of French Impressionism in the world. He succeeded in establishing the market
    for Impressionism in the United States as well as in Europe. Edgar Degas, Édouard Manet,
    Claude Monet, Berthe Morisot, Camille Pissarro, Pierre-Auguste Renoir, Alfred Sisley,
    are among the important Impressionist artists that Durand-Ruel helped to establish.

    Paul Durand-Ruel, by Pierre-Auguste Renoir (1910)


  5. #80
    Senior Swanky Peteynyc1's Avatar
    Join Date
    Apr 2005
    Location
    Hell's Kitchen
    Posts
    732

    Default

    Quote Originally Posted by lofter1 View Post
    That ^ is an illusion, the new one at 309-311 will rise next to (not above) little 313.
    There is ne agreement between new 309/311 for development rights from 313 and the
    three lots are now a combined Zoning Lot (per DOF.

    No deals to be found between 315 Fifth on the corner (aka 2-4 East 32nd) and the new one.

    Some info on 315:
    Well that is a bummer! Damn illusions. I guess I must resort to begging: "Please Mr Developer, do not get more greedy than you already are and tear down this beautiful corner building and put another glass tower to match the POS you built up the block"

    I think you have the wrong hotel there though? no? The website shows an address of Hotel Wolcott · 4 West 31st Street · New York, NY 10001 which would put it on the other side of 5th.

  6. #81
    Disgruntled Optimist lofter1's Avatar
    Join Date
    Jun 2005
    Location
    NYC - Downtown
    Posts
    32,654

    Default

    Sorry for the confusion --

    I didn't mean to imply that The Wolcott Hotel is on or even near this corner of 32nd & Fifth.

    But the Wolcott website is where I found the mention of the Durand-Ruel Gallery at 315 Fifth Avenue -- which is the pretty white building previously mentioned.

  7. #82

    Default

    There's hope that Leyva's atrocity will not be built!!!!

    From the Realdeal.net (9/22/08):
    "Harold Square hotel-condo site seeks finacial aid"


    By Adam Pincus

    In this challenging financial climate, the developer of a 35-story hotel-condo in Harold Square is seeking more experienced partners to help foot the $100 million-plus bill, an official close to the deal said.

    New Jersey-based Sunshine Developers bought the site at 309-311 Fifth Avenue at 31st Street, as well as adjoining air rights, for $50 million in late 2006, said Benjamin Bottner, investment sales associate at real estate advisors Marcus and Millichap, and a broker on the current deal. A year later, the developer demolished the five-story building on the site, and this year won city approval for an Ismael Leyva-designed building with a 212-room hotel and 39,000-square-foot residential building.

    Sunshine Developers, who did not return a call for comment, is a relative newcomer to new construction and has found it difficult to obtain financing in the tighter lending climate, Bottner said. The main business for the principals of the development company is Victoria Classics, an international manufacturer and importer of textiles.

    "The push behind the joint venture is a name on the project with a long track record that helps secure construction financing with the best possible terms," Bottner said. "In today's market it is next to impossible to get construction financing without a solid sponsor."

    The project could be altered, as well, he said, if the partner wanted that. The developer's offering plan says it would consider converting it to a hotel only; a hotel with extended stay; residential only; or student housing.

    The site is valued at $400 per buildable foot, said Ross Mezzo, office investment specialist at Marcus and Millichap. That would put the total value at $56.4 million for the 141,000 square feet of buildable space. The project would cost at least $43.6 million on top of that.

    John Cicero, managing principal at commercial appraisal firm Miller Cicero, said that despite the general decline in real estate values from the credit crunch, the $400 per foot value was close to prices for similar sites in 2007.

    "I think it is consistent to where it was a year ago," he said

  8. #83
    Disgruntled Optimist lofter1's Avatar
    Join Date
    Jun 2005
    Location
    NYC - Downtown
    Posts
    32,654

    Default

    Why does that article repeatedly mis-spell HErald Square?

  9. #84

    Default

    Looks like they have corrected it Lofter.



    Updated On 09/22/08 at 06:07PM

    Herald Square hotel-condo developer seeks financial aid


    Herald Square hotel-condo rendering


    By Adam Pincus

    In this challenging financial climate, the developer of a 35-story hotel-condo in Herald Square is seeking more experienced partners to help foot the $100 million-plus bill, an official close to the deal said.


    http://ny.therealdeal.com/articles/h...-financial-aid

    © 2008 The Real Deal

  10. #85

    Default

    Quote Originally Posted by lofter1 View Post
    Why does that article repeatedly mis-spell HErald Square?
    I noticed that but did not care because I was elated to see that there's hope that Leyva's POC will not be built!

  11. #86
    Build the Tower Verre antinimby's Avatar
    Join Date
    Sep 2004
    Location
    in Limbo
    Posts
    8,976

    Default

    If Levya's doesn't get built, there is always O'Hara, Kondylis, SLCE or some other chump taking over.

    In this city, I wouldn't hold my breath for designs getting better. Worse maybe, but not better.

  12. #87

    Default

    Quote Originally Posted by antinimby View Post
    If Levya's doesn't get built, there is always O'Hara, Kondylis, SLCE or some other chump taking over.

    In this city, I wouldn't hold my breath for designs getting better. Worse maybe, but not better.
    I don't fully agree with you. NY is on a roll with awesome towers designed by Koolhaas, Herzog, Gehry, Nouvel, Foster and Rogers. The ESB area was kind of crappy until recently. Hopefully, with more gentrification, the developers in a few years will build something worthy of that spot.
    Last edited by londonlawyer; September 23rd, 2008 at 08:32 PM.

  13. #88
    Build the Tower Verre antinimby's Avatar
    Join Date
    Sep 2004
    Location
    in Limbo
    Posts
    8,976

    Default

    For every one of those that you named above (some may not even get built), there are 30 Kaufmans, Kondylis', O'Haras, Poons and SLCE's.

  14. #89

    Default

    Anyone know what's going on with 309 Fifth?

  15. #90
    Banned Member
    Join Date
    Dec 2002
    Location
    Park Slope, Brooklyn, NY
    Posts
    8,113

    Default

    Photo of site last week...


Page 6 of 11 FirstFirst ... 2345678910 ... LastLast

Similar Threads

  1. Hotel Theresa - 125th Street at Seventh Avenue - Harlem - by George & Edward Blum
    By Edward in forum New York Skyscrapers and Architecture
    Replies: 10
    Last Post: May 2nd, 2009, 05:58 AM
  2. Hotel Gansevoort
    By Edward in forum New York City Guide For Visitors
    Replies: 14
    Last Post: January 20th, 2006, 10:21 PM
  3. W New York - Times Square Hotel
    By hyperfine in forum New York City Guide For Visitors
    Replies: 9
    Last Post: January 18th, 2005, 08:55 PM
  4. Skyline Hotel 10th Avenue - How is the area?
    By Annie Wood in forum Questions and Answers about New York City
    Replies: 3
    Last Post: August 31st, 2003, 04:56 PM
  5. Pictures of luxurious W Hotel - Times Square
    By Edward in forum New York City Guide For Visitors
    Replies: 0
    Last Post: December 29th, 2001, 12:36 AM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


Google+ - Facebook - Twitter - Meetup

Edward's photos on Flickr - Wired New York on Flickr - In Queens - In Red Hook - Bryant Park - SQL Backup Software