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NEW YORK | 418 11th Ave | FT | FLOORS

https://www.cpexecutive.com/post/sit...r-development/

Redevelopment Eyed for Site Near Javits Center
The state of New York is seeking proposals for a rare vacant parcel on Manhattan’s Far West Side.

https://media.atre.yardi.com/2/13158...jpg?preset=max

MAR 08 2021
By Beata Lorincz

Quote:

New York Convention Center Development Corp., a subsidiary of Empire State Development, is seeking proposals for the commercial or mixed-use development of a 1.2-acre site on Midtown Manhattan’s West Side.

One of the last vacant parcels in the area, 418 11th Ave. sits across the street from the main entrance of the Jacob K. Javits Convention Center. The site is in proximity of the High Line, Hudson Yards, as well as the Hudson River Park and waterfront. The Lincoln Tunnel and the West Side Highway are also nearby.

Quote:

According to a request for proposals document issued by Empire State Development—a corporate governmental agency of the State of New York—it is anticipated that the property, also known as Site K, will be leased to the designated developer under a 99-year term, with purchase options under consideration. The submission deadline is set for May 6.

The proposal is part of Gov. Andrew Cuomo’s $51 billion overall plan for Midtown’s West Side, announced back in January, that encompasses a series of transit improvements—including the renovation of the Port Authority Bus Terminal and Penn Station—as well as new commercial, retail and residential space with affordable units.

CCDC owns the Javits Center and the adjacent property at 418 11th Ave. The convention center is undergoing a $1.5 billion, 1.2 million-square-foot expansion, slated to wrap up this year. Last April, the New York District of the Army Corps of Engineers completed the conversion of the 1.8 million-square-foot convention center into a temporary alternate care facility in the context of the then-emerging health crisis.

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Proposals, commercial or mixed-use, can include hotel space, complementary to the facilities within the Javits Center. Plans that comprise a residential component will have to designate 30 percent of units as affordable for residents making 80 percent or less of the area median income.

Bordered by 35th and 36th streets, 11th Avenue and Hudson Boulevard, the site comprises three contiguous tax parcels. Submitted projects will have to accommodate three existing structures on the site: an above-ground MTA ventilation shaft and mechanical building serving the 7 subway line, a ventilation shaft serving the Javits Center and an active below-grade train track owned by Amtrak.

Excellent. I've been wondering about this parcel for ages. Way overdue.

Should be sizable given the footprint and location, and mixed-use functionality.

I believe the zoning for this parcel is also very generous.

Quote:

Originally Posted by chris08876 (Post 9220005)

Some throwback news for the site, where Extell Development was at one time planning the tallest hotel in the country at 980 ft...

https://nypost.com/2007/01/17/majors-bid-for-javits/

MAJORS BID FOR JAVITS

By Lois Weiss
January 17, 2007

Quote:

THREE qualified bids to develop a convention hotel opposite the Javits Center were received on Friday by the Empire State Development Corp.

The hopefuls and hotel partners are The Moinian Group with Marriott International, Extell Development with Hyatt, and Austin, Texas-based Faulkner with Hilton.

Joseph Moinian, who is also constructing a Downtown W Hotel with 217 rooms, 64 suites and 158 residences, is planning a much larger hotel for the convention headquarters facility.

Sources said The Marriott would be a 70-story, 1,400-room hotel designed by architecture firm Gensler with two ballrooms that have a total capacity of 5,000 for dinner. It would be the largest in the city.

Marriott Chairman and CEO Bill Marriott has also been very involved in its design.

Coincidentally, Moinian also owns the entire block directly to the site’s south where he can build up to a 2 million-foot mixed-use project.

Neither he nor Extell’s Gary Barnett returned calls by press time. Faulkner reps declined to discuss their proposal.

https://observer.com/2008/06/so-long-javits-hotel/

So Long, Javits Hotel

http://observer-media.go-vip.net/wp-...pg?w=192&h=300

By Eliot Brown
06/24/08

Quote:

Plans for a soaring new hotel across from an expanded Javits Center have now gone the way of, well, an expanded Javits Center.

With expansion plans scaled back months ago, the Paterson administration earlier in June refunded the deposits of the three bidders vying to build the Javits Hotel, a tower planned to hold at least 1,200 rooms along 11th Avenue at 35th Street. Plans for the site and hotel are now unclear, and the state would need to undergo the lengthy process of a new environmental review, then a new request for proposals, before awarding the job to any developer.

...The hotel bidders were Extell Development Corporation, the Moinian Group, and FaulknerUSA. At least one developer—Gary Barnett of Extell—has previously expressed a strong desire to go ahead with the project despite the scaled-back plans for the convention center.

https://a4.pbase.com/o6/06/102706/1/...xtellhotel.jpg

Good news. Given the huge lot and the potential FAR and air rights, we may be getting another Hudson Yards supertall.

Quote:

Originally Posted by Crawford (Post 9220034)

Good news. Given the huge lot and the potential FAR and air rights, we may be getting another Hudson Yards supertall.

I wonder if Extell would rejoin the bidding for this site. The mixed-use nature of the proposal (which also overrides city zoning) could generate something substantial, with unobstructed views of the river.

Quote:

New deadline for proposals is near….

https://a4.pbase.com/o12/06/102706/1...SizeRender.jpg

Well, if Extell’s Gary Barnett returned into the project, then I hope for a 90-story, and 1,300-1,400ft tall tower. ;)

Oh, that's right. Extell was planning a supertall hotel here many years ago.

Doubt this will be a hotel; will likely be residential or mixed-use.

Quote:

Originally Posted by Sky88 (Post 9316797)

Well, if Extell’s Gary Barnett returned into the project, then I hope for a 90-story, and 1,300-1,400ft tall tower. ;)

I agree, but this supposed to be a rival to both Central Park Tower and Tower Fifth.

I just hope that it's not another boring box.

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Originally Posted by Raysiri (Post 9317073)

I agree, but this supposed to be a rival to both Central Park Tower and Tower Fifth.

Are you predicting 1600+ ft? I hope you are right!

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Originally Posted by NYguy (Post 9220028)

https://a4.pbase.com/o6/06/102706/1/...xtellhotel.jpg

Gee, being just 4 feet below the supertall threshold would be a huge shame!

Quote:

Originally Posted by Crawford (Post 9316875)

Oh, that's right. Extell was planning a supertall hotel here many years ago.

Doubt this will be a hotel; will likely be residential or mixed-use.

A mixed use hotel-residential tower is likely, with the affordable housing component thrown in. Probably something in the 800 to 900 ft range. Being across the street from Javits makes a strong case for hotel, but Cuomo wants some type of affordable housing on this site, and also the block just south of the Javits.

I would be inclined to think mixed used but given the market outlook (positive), we could be in store for a hospitality (hotel) boom or at least a sizable increase in citywide square footage... so a mixed-used is starting to become more and more feasible. With some recent reveals with other parcels or considerations, looks like developers are expressing confidence for the cycle.

Quote:

Originally Posted by NYguy (Post 9317158)

I'd be happy with that. More affordable housing is always a plus. Going back to market outlook, maybe they will stick with the original specs but just tinker with the functionality to account for affordable % vs hospitality %. Ala ratio.

Well, an 800-900 ft tower would be very disappointing indeed. If it were a mixed-use tower, then hopefully it will be at least 1,100-1,200 ft tall. Furthermore, the idea of building affordable housing in this place is not very good. If you really want to build a lot of affordable housing the block between west 29th, west 28th and 11th avenue is perfect.

Quote:

Originally Posted by Sky88 (Post 9317632)

Nothing disappointing about an 800-900 ft tower. You people have got to get it out of your heads that everything built in Manhattan is or needs to be a supertall. There’s no reason why this needs to be a supertall. If it is, then that would be great. But there’s a reason why supertalls aren’t popping up like weeds in every city.

So it could cantilever over that ventilation building so long as the cantilever is over 187'-7".

Quote:

And who says this?

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