NEW YORK | 220 Central Park So.| 952 FT | 70 FLOORS - Page 30

Zapatan · #**581** Posted **Aug 21, 2015, 5:34 PM**

Why is Nordstrom(Central Park) only ~1000 in that rendering? I doubt Barnett would let the building be shortened that much but mildly disconcerting to say the least.

This thing on the other hand is really taking off! The core looks huge in pictures, wish I was in NY to see it in real life.

baseball1992 · #**582** Posted **Aug 21, 2015, 5:53 PM**

Quote:

Originally Posted by Zapatan

Why is Nordstrom(Central Park) only ~1000 in that rendering? I doubt Barnett would let the building be shortened that much but mildly disconcerting to say the least.

This thing on the other hand is really taking off! The core looks huge in pictures, wish I was in NY to see it in real life.

Because it is a render advertising 220, so it isn't going to show off Nordstrom and if anything, advertise that 220 is better because it blocks it.

JR Ewing · #**583** Posted **Aug 25, 2015, 3:07 AM**

SSC's NY section has really died !

Today

JR Ewing · #**584** Posted **Aug 28, 2015, 1:48 AM**

Today

Zapatan · #**585** Posted **Aug 28, 2015, 3:37 AM**

Wow! It's huge already

JR Ewing · #**586** Posted **Aug 28, 2015, 12:24 PM**

Yes. It will grow very quickly too since the tower is very thin.

Hemeroscopium · #**587** Posted **Aug 28, 2015, 12:36 PM**

[QUOTE=JR Ewing;7141174]SSC's NY section has really died !

....yes....Vertical Gotham is missing!..

artspook · #**588** Posted **Aug 28, 2015, 6:42 PM**

That concrete structure looks herculean . .
speaking of missing . . where's NYGuy ? . .
Hope he's just on an Aug. vacation.

ILNY · #**589** Posted **Aug 29, 2015, 7:52 PM**

chris08876 · #**590** Posted **Sep 17, 2015, 8:08 PM**

From the great JR Ewing.

Credit: http://www.yimbyforums.com/t/new-yor...-floors/263/17

sparkling · #**591** Posted **Sep 29, 2015, 3:23 PM**

Vornado ups Bank of China loan on 220 CPS to $950M
REIT takes out additional $350M in financing from state-owned commercial bank

Rey Mashayekhi
September 29, 2015

Quote:

Vornado Realty Trust upsized the development loan on its 220 Central Park South condo tower from the Bank of China, receiving an additional $350 million to take its borrowing to $950 million, the real estate investment trust announced Monday.

While increasing the size of its loan from the state-owned Chinese commercial bank, Vornado also terminated its standby commitment for a $500 million mezzanine loan for 220 Central Park South by paying a $15 million contractual termination fee, the REIT said.

The interest rate on the $950 million loan is LIBOR plus 2 percent, with the final maturity date in 2020. Vornado previously secured $600 million in financing for the Midtown skyscraper from the Bank of China last year – one of several loans the bank has provided local developers in recent years.

Vornado is targeting a total sellout of $2.84 billion at the building, with CEO Steve Roth saying earlier this year that 220 Central Park South had received more than $1.1 billion in commitments from buyers within the first six weeks of sales. The REIT originally targeted a sellout of $2.4 billion at the property.

Vornado was reportedly in negotiations last year with the sovereign wealth fund of Qatar to line up hundreds of millions of dollars in financing for the 117-unit, Robert A.M. Stern-designed development, which will feature a 69-story limestone tower and an adjacent 14-story villa.

- See more at: http://therealdeal.com/blog/2015/09/....R73oK5Hc.dpuf

sparkling · #**592** Posted **Oct 1, 2015, 12:07 PM**

photo by Andrew McKeon

Article

artspook · #**593** Posted **Oct 7, 2015, 10:49 AM**

this building is totally hiding behind CPS buildings ! . .
seems weird that the tenants in the first 15 stories . .
wont get any view of the park . . . right ? . .

chris08876 · #**594** Posted **Oct 8, 2015, 10:01 PM**

Image from JR.

Credit: http://www.yimbyforums.com/t/new-yor...-floors/263/20

gttx · #**595** Posted **Oct 9, 2015, 12:43 PM**

Quote:

Originally Posted by artspook

this building is totally hiding behind CPS buildings ! . .
seems weird that the tenants in the first 15 stories . .
wont get any view of the park . . . right ? . .

The CPS frontage of this project will be a 14 floor "villa," so those units will be OK.

The base of the larger tower, I presume, will be largely occupied by non-(luxury) residential functions. Lobby, mechanical space, amenities, storage, apartments for live-in help, etc. Or even some small commercial space. This is what happens at some of these other projects, anyway.

ILNY · #**596** Posted **Oct 13, 2015, 4:35 AM**

For now, this tower looks like a bunker.

photoLith · #**597** Posted **Oct 13, 2015, 4:39 AM**

This one will be topped out before we know it.

kznyc2k · #**598** Posted **Oct 18, 2015, 10:14 PM**

ILNY · #**599** Posted **Oct 20, 2015, 4:31 AM**

The bunker keeps growing.

Look how thick this concrete is.

Submariner · #**600** Posted **Oct 20, 2015, 2:11 PM**

Jesus, those buildings around 220 are garbage. I wonder if there has been an attempt to purchase them for developments similar to 220 CPS?