Normally I would have mixed feelings about a very tall or supertall building on Central Park South, I like that the park is framed by lower rise buildings as the taller towers form a backdrop. But, with Robert Stern, we know it will fit in, regardless of height.
So the question is, how high? I think it will be closer to One57 in height, but it could be more. And with a classic design anticipated, it will be down to Old School (Stern) vs. New School (SHoP), Michael Stern vs. Robert Stern. Who will put out the classier classic.
And don't forget about the Park Lane at the other end of CPS. It's not clear which direction they are going in, but they may want to get in on the fun with a
new tower.
http://online.wsj.com/article/SB1000...033420148.html
Quote:
A team led by New York development company Witkoff Group has reached an agreement with the estate of real-estate magnate Leona Helmsley to buy the 46-story Park Lane Hotel on Central Park South for more than $650 million, according to multiple people with knowledge of the deal.
The New York-based developer plans to turn the bulk of the property—the tallest building on Central Park South that towers over the Plaza Hotel just to its east—into high-priced condominiums, these people said. Still, it remained unclear whether Witkoff plans to tear down the hotel and build a new tower, or whether the company would convert the existing hotel.
If it opts to tear down the 370,000-square-foot property, zoning regulations only allow it to build a tower about two-thirds the size. Converting has its perils as well: Ceilings throughout the building are low, and the building lacks the prewar architecture that has helped boost the appeal of other high-priced conversions.
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Whatever the case, the views of the park from the towers will be great.
http://www.ritzcarlton.com/en/Proper...rk/Default.htm
The modest towers of Central Park South, with supertalls as a backdrop...