Recently at the Municipal Art Society’s 2014 Summit for NYC, James von Klemperer, FAIA , a principal at Kohn Pederson Fox & Associates, briefed the audience with new details on the architecture firm’s upcoming supertall project known as One Vanderbilt.
In case you haven’t been paying attention, the 68-story, 1,514-foot zigzag building is expected to become the tallest office tower in Midtown and third tallest in the city behind One World Trade Center (1,776 feet to spire tip) and Extell’s Nordstrom Tower (1,775 feet to spire tip).
Check out all the new images of the supertall tower here
An exclusive condo tower is set to rise within the quickly changing area where Midtown East‘s commercial bustle tempers down into the elegant residential blocks of the Upper East Side. Located at 118 East 59th Street near Park Avenue, the unassuming site is being developed by Hong Kong-based Euro Properties, their first foray into the Manhattan market.
The mid-block tower will soar 38 stories yet contain only 29 units–another example of the city’s new and somewhat oxymoronic building type, the boutique skyscraper, which typically contains fewer units than a standard six-story co-op building, and even fewer inhabitants. This 59th Street project will join the ranks of 432 Park Avenue (1,398 feet/104 units), 520 Park Avenue ( 781 feet/31 units), and 125 Greenwich Street (1,375 feet/128 units) as buildings with the greatest height-to-unit-count disparity.
More on the tower here
A charming maisonette apartment at 1 Sutton Place South just popped up on the market, asking $9.995 million. This 4,700-square-foot pad was formerly the home of Marietta Tree, a 1940s and ‘50s socialite, U.S Representative to the United Nations Commission on Human Rights, and companion to powerful men like John Huston and Adlai Stevenson. The home underwent a complete renovation in 2004 by designer Albert Hadley and architect Basil Walter. The end result channels a lavish Georgian townhouse in London.
Take a look inside, here
These three townhouses may not look like much to you, but they’ve for decades been making appearances in pop culture, from the penned to motion pictures, including The Prince of Tides, Wall Street, Crossing Delancey, and most recently, Mad Men. Located at 249-253 East 50th Street, this site once housed the world-renowned Lutèce restaurant.
Though today the structures can be described as dilapidated at best, that hasn’t stopped a group of Chinatown investors from scooping up the properties for $17 million from East 50th Development LLC. Now in new hands, what’s up next for this famed locale?
More details here
NYC supertalls all over town are weeping: 432 Park Avenue is officially the tallest residential building in the city as of today, topping out at 1,396 feet, and the second-tallest tower after One World Trade Center. Concrete on the highest floor of the Rafael Viñoly-designed building is being poured, probably as we speak, cementing (no pun intended) the residential tower’s place as not only the tallest in NYC, but in the entire western hemisphere. And though One WTC reaches 1,776 feet, 408 feet is accounted by its spire. So, when you only count its roof height, it’s actually 28 feet lower than 432 Park. The tower will open next year, and it’s already seeing groundbreaking sales, including that of the $95 million penthouse.
Photo via DBOX
It’s where the Waldorf salad was invented; it was the first hotel to offer room service; and it has its own railway platform to Grand Central, large enough to fit FDR’s car. The historic tidbits about the Waldorf Astoria are plenty, but now the world-famous hotel is making big changes to its future.
Hilton Worldwide Holdings, who has officially owned the Art Deco landmark since 1972, has agreed to sell the 1,232-room hotel to the Anbang Insurance Group Co., a financial and insurance company based in Beijing, for $1.95 billion. Hilton, the world’s largest publicly traded hotel operator, will continue to manage the property under a “strategic partnership.”
More on the plans here
, Fri, September 19, 2014
We’ve been keeping a close eye on One Vanderbilt, SL Green‘s new 65-story office tower planned for the entire block west of Grand Central and north of East 42nd Street. Designed by Kohn Pedersen Fox, it will be the second-tallest building in the city when completed. Now, Yimby has hot-off-the-press skyline views of One Vanderbilt from KPF, and the newest NYC supertall certainly stands out amongst the nearby Empire State Building and Chrysler Building.
As part of a five-year, $210 million plan to significantly upgrade Grand Central’s subway station, developer SL Green hopes to install new staircases to the train platforms, two new street-level entrances and a refurbished mezzanine level, and a 4,000-square-foot ground-level commuter waiting area. The improvements were conceived in conjunction with the MTA and the de Blasio administration earlier this year as the first component of the Midtown East Rezoning project.
The transit upgrades must all be completed before tenants can occupy One Vanderbilt (planned for completion in January 2020), SL Green’s new 65-story office tower planned for the entire block west of Grand Central and north of East 42nd Street. Designed by Kohn Pederson Fox, the tower will be the second-tallest building in the city when completed.
More on the upgrades ahead
When it comes to skyscrapers, we put a lot of trust in architects. We have to trust that they know what they’re doing, and these seemingly impossible buildings are safe to be in and around. It’s even harder to trust what used to be known as the Citicorp or Citigroup Center, now 601 Lexington Avenue, whose bottom floors are like four stilts, holding 50 stories of building above them. It looks like a strong wind would blow the whole structure over. And when the building was constructed in 1977, before some emergency repairs, that was true.
The dangerous details after the break
Here’s a great little twist on the New York City real estate market, courtesy of the recent trend to convert rooms in some of Manhattan’s most exclusive hotels into condominium apartments: fractional ownership—the timeshare to end all timeshares.
That’s right, now you can savor the pleasure of residing at one of the most glamorous addresses in the world with all the amenities the St. Regis has to offer, including the Remede Spa and Fitness center, salon, twice daily maid service, and 24-hour butler service—all without having to shell out the multimillion dollar sums typically associated with this kind of elegant living.
See what fractional ownership puts within reach