NEW YORK | 111 Murray Street | 792 FT | 58 FLOORS
http://www.crainsnewyork.com/article...TATE/130319903
St. John's University property hits the block The TriBeCa building could fetch as much as $200 million in a sale that would most likely result in a 300,000-square-foot residential condominium. Edward Minskoff is interested. By Daniel Geiger March 15, 2013 Quote:
http://www.pbase.com/nyguy/image/149222059/original.jpg http://www.pbase.com/nyguy/image/149222060/original.jpg http://www.pbase.com/nyguy/image/149222061/original.jpg |
http://observer.com/2013/03/st-johns...-street-space/
St. John’s Seeks to Cash Out of Murray Street Space http://nyoobserver.files.wordpress.c...pg?w=450&h=446 By Stephen Jacob Smith 3/14/13 Quote:
http://newyork.citybizlist.com/artic...ite-101-murray Cushman & Wakefield NY Capital Markets Group Tapped To Market Prime Development Site At 101 Murray Street C&W appointed by St. John’s University to market development site in Tribeca; Offers an investor the opportunity to construct a building in excess of 400,000 square feet March 15, 2013 Quote:
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What an opportunity is right! This should be interesting.
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It should be. Hopefully the right developer can get the site. Quote:
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Great news. I hope to see a building of quality here. Maybe a skyscraper...
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Hopefully, they will look at the sales of 56 Leonard, and give us something inspiring.
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http://www.crainsnewyork.com/article...TATE/304289968
Get it before it's gone! Procure a lot to build on By Daniel Geiger April 28, 2013 Quote:
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http://therealdeal.com/blog/2013/05/...-johns-campus/
Witkoff, Lorber and Fisher pay $200M for St. John’s campus Developers will replace the Tribeca building with condos http://s12.therealdeal.com/trd/up/20...urray-redo.jpg May 24, 2013 Quote:
http://www.crainsnewyork.com/article...TATE/130529915 Condo to replace St. John's University building Real estate investors Steven Witkoff, Howard Lorber and the Fisher family will buy the lower Manhattan academic facility at 101 Murray St. for close to $200 million, demolish it and erect a new luxury condo in its place. By Daniel Geiger May 24, 2013 Quote:
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The article that NYguy posted says they will be able to build a tower of 310,000-370,000 square feet. Does anyone have any guesses as to how high of a tower that would allow? Comparable to 56 Leonard's height perhaps?
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It's all a matter of product. 107 W 57th will be a 900 footer with about 150,000 sf and 45 E 60th will be a 700 footer with about 180,000 sf.
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^^ True although this property is much, much larger than any of the towers you mention. I'd love to see an iconic tower rise here though. I hope whoever purchases this property is capitalized and competent.
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I prefer something very tall, glassy and thin on this spot, though we'll have to see. They could go extremely tall if the tower is thin.
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The views next door
Man, if I had shelled out big bucks for a condo next door at 101 Warren a few years back, would I be pissed at this news! That said, it IS New York real estate, so caveat emptor! :haha:
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they choose to move. |
http://www.rew-online.com/2013/07/22...owntown-tower/
Witkoff, Fisher to build new downtown tower By REW Staff July 22, 2013 Quote:
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No height limits + residential + sizable site definitely makes this intriguing. Although, we probably won't get an idea of how tall this thing might get until we know what proportions of it will be commercial vs. residential. No word on ground floor retail? |
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I'm sure the commercial aspect will be ground floor retail. There will possibly be some hotel space involved, but this will mostly be a residential tower, as they try to cash in on the overheated residential market in Manhattan. Quote:
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I know this might be premature, but considering the rhetoric of the developer I'm guessing that this will be a supertall or damn close to one.
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The tower would have to resemble 432 Park to get anywhere near 1,000 feet. Something in the 500-700' range is much more probable IMO.
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