555Ten, an Extell building that would be affected by the 421-a changes
As 6sqft reported last week, Governor Cuomo, developers, and unions have been engaging in closed-door talks to bring forth his revision of the city’s 421-a program that includes wage subsidies and an extension of the previous 25-year tax break up to 45 years. Glaringly (but not surprisingly) absent from the negotiations is Mayor de Blasio, but he’s now taking matters into his own hands, at least when it comes to those under-construction buildings that got in to the program before it expired in January. According to the Times, the de Blasio administration introduced a new policy that says these projects must include housing for some of the 60,000 New Yorkers currently living in homeless shelters, but developers, particularly Extell’s Gary Barnett, are not happy about the changes.
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Despite community opposition against the surge of new development in the Two Bridges neighborhood, things are moving full steam ahead in the Chinatown-meets-Lower East Side area. Curbed reports that the project that started it all, One Manhattan Square, has officially launched sales for the first batch of its 815 condos, and they range from a $1.18 million one-bedroom to a $4.4 million three-bedroom. It’s prices like these, as well as the 823-foot height, that have angered residents of the mostly low-rise and low-income neighborhood, but nevertheless, the huge luxury building at with an insane amenity package is well on its way to opening its doors.
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Model unit designed by Lillian August
After launching its affordable housing lottery for 120 below-market rate units back in May, 555Ten has revealed pricing for its 478 market-rate rentals, ranging from $3,150/month studios to $6,250/month two-bedrooms. Designed by SLCE Architects and developed by Extell, the 610-foot, 53-story glassy skyscraper will offer an over-the-top amenity package (including a dog run, two salt water pools, and a bowling alley) and custom-designed interiors from McGinley Design. The model units are open for business, and we’re told that the amenity spaces will start to reveal themselves later this week in anticipation of November occupancies.
Find out more here and get a first look at the model units
Gary Barnett’s Extell Development has become synonymous with sky-high towers, especially those along Billionaires’ Row — the 1,005-foot-tall One57 and the 1,550-foot-tall Central Park Tower — where it appeared that they were readying to construct a third behemoth that would rise more than 700 feet. However, Crain’s reports that Extell has filed plans for the site at 134 West 58th Street (the same block as One57), and they call for a stubby, 18-story, 41-unit condo building that’s less than 200 feet tall.
What’s the deal?
Two Bridges, the area on the border of the Lower East Side and Chinatown, is seeing a wave of new, sky-high development, including a 900-foot tower from supertall team JDS and SHoP Architects and perhaps two 50-story buildings from L+M Partners. But the controversial surge in construction started with One Manhattan Square, an 823-foot tower from Extell. In anticipation of the 80-story condo building hitting the market this September, the developer has released a flashy new video that shows the sparkling Adamson Associates Architects-designed exterior, as well as the sweeping views from the upper floors. But as Curbed, who first spotted the video, notes, it ignores its potential supertall neighbors to make a point of just how much much it towers over its surroundings.
Watch the full video here
Last September, 6sqft reported the topping out of Extell Development‘s 610-foot-tall, mixed-use tower quietly rising at 555 Tenth Avenue and 41st Street. Now fully sheathed in glass, the development team kicked off its housing lottery for the building’s 120 below-market rate units, priced from $910 per month for studios up to to $1,315 for three-bedrooms.
Designed by SLCE Architects, the 53-story, 725,000-square-foot structure rises one block west of the Port Authority Bus Terminal and two avenues west of the 42nd Street A/C/E train station with its connection to Times Square. The building is within the emerging Hudson Yards area, which over the next decade will usher in thousands of residential units and millions of square feet of new office space. Across from the tower, an additional 7-train subway station may be constructed to meet the increasing number of residents in the area.
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Back in January, 6sqft reported that the busybodies at Extell Development filed permits to demolish a string of six tumble-turned walk-up buildings between 3 and 13 West 46th Street in Midtown. Now, as expected, the Gary Barnett-led firm has filed permits to demolish the Warren & Wetmore-designed corner building at 562 Fifth Avenue and a somewhat incongruous Tudor-style building at 564 Fifth Avenue.
While none of the condemned buildings are extraordinary in design, 562 Fifth Avenue is perhaps a more tasteful affair than much of the schlock going up these days. Designed by the same architects as Grand Central Terminal, the slivery 13-story commercial building was once known as the I. Miller Building and features intricately ornamented spandrel areas, a pedimented roofline, and an unoriginal albeit charming Fifth Avenue storefront.
More on Extell’s plans and the history of the soon-to-be-razed buildings
The Upper West Side has proven to be one of the most difficult areas to build, with a growing amount of land area contained in historic districts and much of the remainder constrained by tight zoning regulations. Over the years, its protective residents have been involved in the city’s most memorable development battles: fighting tooth and nail to reduce the scale of the Riverside South master plan; lessen shadows caused by the redevelopment of the New York Coliseum site (Time Warner Center); and more recently spearheading the downzoning of a 51-block swath of Broadway due to grievances caused by Extell’s Ariel East and West towers.
For the most part, the defensive strategy has allowed the neighborhood to retain much of its pre-war charms and human-scaled side streets. However, along its southern edge, where the buildings around Lincoln Center scale upwards to Midtown, zoning allowances are more generous. Two as-of-right towers are sure to ruffle some preservationists’ feathers and are poised to be the neighborhood’s biggest yet.
Get the scoop on the towers here
Now dubbed the Central Park Tower, Extell’s 1,550-foot-tall supertall on Billionaires’ Row was originally known as the Nordstrom Tower, so named because of its ground-floor tenant who will be opening their first Manhattan flagship store. But despite the fact that we architecture nerds were saying “Nordstrom” for years, we had no idea how the store would actually factor into the 95-story building’s overall design (which was recently knocked down from a whopping 1,775 feet with the loss of its spire). But now, the Seattle Times (the department store is based out of the Washington city) has revealed renderings of the retail base, reports NY Yimby.
All the details and renderings
After an 11-year run, the popular Antiques Garage flea market, where bargain hunters haggled over an eclectic assortment of used goods, shuttered its weekend fairs in the summer of 2014. Like many soft sites around the Flower District, the parking garage used by the market at 112 West 25th Street was purchased by development interests, namely Extell, who later sold to Lam Generation for $68 million. Since the purchase, the three-story garage has been razed and groundwork has finally begun for a 330-room, four-star Marriott Renaissance Hotel.
With the help of some unused neighboring development rights, Lam’s tower will grow to 140,000 square feet of floor area and stand roughly 450 feet high over its mid-rise Chelsea locale. The neighborhood’s current tallest building, Chelsea Stratus, is just one lot away and rises 25 feet higher than Lam’s upcoming tower.
More details ahead