NEW YORK | 53W53 (Tower Verre) | 1,050 FT / 320 M | 73 FLOORS

[NYguy]

Originally Posted by RobertWalpole

I can't open the link. Can you paste it?

http://a030-lucats.nyc.gov/lucats/UL...209:26:44%20PM

[NYguy]

Mentioned in the Wall Street Journal as being part of a new height race...
http://online.wsj.com/article/SB1000...googlenews_wsj


A reminder of the mentioned sites...

[Loqy Lion]

Funny they don't mention 225 W 57th, which will be the tallest.

[NYguy]

Originally Posted by Loqy Lion

Funny they don't mention 225 W 57th, which will be the tallest.

That's because no one knows if it will be. That tower is still in the deveopment stages, more so than the CIM tower at the Drake site.

[10023]

So is this actually going to be built?

I'll have to try taking some construction pictures from my office (and find a place to upload them) if it is.

[NYguy]

Originally Posted by 10023

So is this actually going to be built?

When or if they get financing. It's more likely to get built than not.

[Dac150]

Since Extell received full funding to move forward with One57, I am more optimistic that this project will follow suit. There seems to be a genuine demand for these properties.

[RobertWalpole]

Renderings today or tomorrow? Stay tuned!

[NYguy]

Im on my way out of town. It figures something will come out while I'm away.

[RobertWalpole]

No worries, amigo. If and when they're released today or tomorrow, they will be posted here ASAP. The next few months should be good ones for the co-capital of the world!

[yankeesfan1000]

Ugh, if they don't come out today I won't be able to sleep tonight. Anyways great news thanks again RW!

[RobertWalpole]

My pleasure, Yankeesfan. Hopefully, they'll be released on Thur.

By the way, bring on Torre Verre, The Drake and 225 West 57th!

http://www.bloomberg.com/news/2011-0...-mansions.html

Russian Billionaires Buy in U.S. as Mansions Lure Wealth
By John Gittelsohn and Oshrat Carmiel - Aug 3, 2011 12:29 PM ET .

International investors are buying some of the priciest homes in America as the broader housing market slumps and a weak dollar makes U.S. property more of a bargain. Sales of residences above $20 million are rising in New York, California and Florida, which are popular business and vacation destinations for foreigners, according to Miller Samuel Inc., DataQuick and real estate brokers who cater to luxury buyers.

The newest Manhattan condo building to catch the attention of foreign buyers is a 90-story tower under construction on West 57th Street by Extell Development Co., according to Mermelstein and Bykov. The property, known as One57, will be the tallest residential tower in New York when completed in 2013.

The 95-unit building will record “a number of signed contracts” in the next 30 days for units ranging from $7 million to “north of” $40 million, Gary Barnett, Extell’s president, said in a telephone interview. He declined to say where the buyers are from, but said inquiries have come in from overseas, including Russia.

Among the contracts to be signed in the next month is one for a full-floor, 6,200-square-foot unit that offers panoramic views of Manhattan, including Central Park, Barnett said.

“Three-hundred-sixty-degree views, unobstructed. That’s something special,” Barnett said. “If you were worth $100 million dollars or you were a billionaire, this is something unusual. If you can afford the best of the best, why shouldn’t you do that?”

To contact the reporter on this story: John Gittelsohn in New York at johngitt@bloomberg.net; Oshrat Carmiel in New York at ocarmiel1@bloomberg.net.

[Loqy Lion]

Originally Posted by RobertWalpole

My pleasure, Yankeesfan. Hopefully, they'll be released on Thur.

By the way, bring on Torre Verre, The Drake and 225 West 57th!

And 56 Leonard!

Bring on the Russian oligarchs!

[RobertWalpole]

I look forward to 56 Leonard too! However, it won't be in the rarified stratosphere of $6,000/sf and up that this foursome will occupy!

[gramsjdg]

At 90 stories, and most likely high ceilings for each unit (9 ft at least, based on the super high-end clientele) I'm guessing the roof height alone will be at least 1100 ft.

[gramsjdg]

whoops- I was referring to One57.

my bad

[Dale]

*drums fingers*

[Crawford]

Originally Posted by RobertWalpole

I look forward to 56 Leonard too! However, it won't be in the rarified stratosphere of $6,000/sf and up that this foursome will occupy!

56 Leonard, if built, would be the best building in Tribeca.

I don't see why it wouldn't be competitive with these other projects, given that Tribeca, is, if anything, more expensive than these other locations.

[NYguy]

Just a snippet on the Folk Museum

The Real Deal

http://therealdeal.com/newyork/artic...st-53rd-street
MoMA's $31.2M purchase of American Folk Art Museum closes



August 04, 2011
Adam Fusfeld

The sale means MoMA, which already owned the lot directly west of the folk art museum, now owns three consecutive plots and reportedly plans to use them all as connected gallery space.

[RobertWalpole]

My friend went to the LPC and looked at the renderings of the new design (which, as expected, looks like the old one). He was going to scan and post them but did not. Que sera. I guess we have to wait for Curbed, The Observer or the Real Deal (or a forumer with free time) to do it.