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Old Posted Jul 15, 2015, 3:58 AM
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gttx gttx is offline
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Join Date: Nov 2005
Location: New York, New York
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Quote:
Originally Posted by JR Ewing View Post
Demolition permits were filed on June 11th.

http://a810-bisweb.nyc.gov/bisweb/Jo...ssdocnumber=01

With a minimum of 288k SF, I can't see how this isn't very tall. A 1,000' limestone tower could easily yield over $5k /SF, and upper floor units would get much more than that.

The crappy little Dance Studio to the south is the next to go, and the Black glass box owned by the crappy college can't last much longer either
It won't be 1,000' or even as tall as the building in that rendering, which assumed some ridiculous mechanical level to artificially bump up the height. I posted about this before, but the Lincoln Square District was zoned to keep buildings fairly low - you need 60% of your total square footage below 150', and then you have a minimum tower footprint that precludes these pencil-thin buildings.