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kznyc2k Jul 9, 2008 2:20 AM


ZZ-II Jul 9, 2008 11:46 AM

are they renovating the highrise in the background?

NYguy Jul 9, 2008 12:24 PM

No, it's a sacrifice for Nobu.

Scruffy Feb 13, 2009 7:11 PM

no movement on Nobu. Its on hold. But the windows are now boarded up on the structure behind it. Could be the demolition is still going on. this would be a step forward. If the land behind Nobu is cleared when they finally get their financing, there won't be any wait time. So lets hope that is the case

NYguy Apr 2, 2009 12:58 PM

Defaults Rise as Worst Is Yet to Come for Commercial Property

By David M. Levitt
April 2, 2009


The Nobu Hotel & Residences in lower Manhattan is among properties on Real Capital’s troubled asset list. Real Capital called it a “challenged development” because Nobu has lost some construction funding. The planned 62-story tower, the Nobu sushi restaurant chain’s first U.S. hotel, was being built by investor Kent Swig and is near the New York Stock Exchange.

avngingandbright Apr 3, 2009 5:55 PM

If developers learned to secure financing before demolishing buildings, this city would be up about a hundred beautiful, dense and useful buildings, and down a couple of really unsightly, deadening empty lots. But, of course, this is America, and this is New York; it's all about the damned bottom line.

ethereal_reality Apr 3, 2009 10:44 PM

Nogo for Nobu. :(

BTinSF Apr 4, 2009 12:23 AM


Originally Posted by ethereal_reality (Post 4176422)
Nogo for Nobu. :(

Kent Swig has personally caused more disappointment among skyscraper fans nationally than about anyone else I know of. He and his company are such teases. His Century condo tower in SF was a bust too--and that was before we were even in a recession.

NYguy Apr 4, 2009 3:31 AM


Originally Posted by avngingandbright (Post 4175812)
If developers learned to secure financing before demolishing buildings, this city would be up about a hundred beautiful, dense and useful buildings,

That's assuming that everything that was demolished was beautiful, which more often than not wasn't the case. Still, anything is preferable to an empty lot. They should open that lot and create a small plaza in the meantime.

Aleks Apr 4, 2009 4:30 AM

Even thought it won't happen, it'd be cool if that lot was turned into an atrium for that historic looking building next door. And that wall facing the lot was opened up to create an open environment. It'd be so cool if it happened... :(

Dac150 Apr 4, 2009 3:31 PM

Something will go there in time. This tower was nothing to get excited over, not to mention what was there didn't make much if any impact on the skyline. The way I see it, the demolition is one less thing to do once the market opens back up and developers are more concrete in starting projects.

Keep in mind this is prime real estate, so when the time is right it won't be an empty lot for long.

scalziand Apr 4, 2009 3:50 PM

^^Yeah, any vacant lot downtown won't remain that way for very long.

NYguy Oct 21, 2011 5:54 PM

45 Broad Street to hit the auction block

October 21, 2011
By Katherine Clarke


Lehman Brothers Holdings is expected to take control of a Kent Swig development site at 45 Broad Street at a foreclosure auction scheduled for next month. Swig's Swig Equities lost control of the site after Lehman filed to foreclose in 2009; the site was then put in the hands of a court-appointed receiver.

When contacted by The Real Deal, a representative for Swig Equities confirmed the auction, but declined to comment further. Patricia Mattoon, a principal at Mattoon Real Estate and the court-appointed receiver, said: "Swig still owns the property until the foreclosure auction proceedings are complete."

When the company first purchased the site in 2006 for $29 million, Kent Swig had plans to construct a 62-story hotel and condominium development named Nobu Hotel and Residences. He partnered with actor Robert De Niro on the project, which never saw the light of day.

scalziand Nov 3, 2011 11:24 PM

What do you bet this will turn into another McSam Special?

sbarn Apr 12, 2012 4:14 PM

According to Wired New York theres some new construction activity on this site. Nothing at the DOB has been filed lately, so not sure what is going on.

Crawford Apr 12, 2012 5:43 PM

This building is 709 ft. per NYC DOB.

There's definitely been recent construction activity at the site for a few weeks now, though I have no clue whether it's the original plans or something new. The most recent permit was from a few months ago, and shows residential.

hunser Apr 12, 2012 5:58 PM

^^ Yeah, according to CTBUH too:

Height: Architectural 216.0 meter / 709 feet
Height: To Tip 216.0 meter / 709 feet
Floors Above Ground 62

I really hope they started construction on this one! Would be another 700 footer for NY!

yankeesfan1000 Apr 12, 2012 6:44 PM

Great news!! I really hope they stick with the older design with a sort of Goldman-esque curved front. One thing that always struck me about this building was that the curved part will face inwards, towards downtown as opposed to curving on the west and south side of lot and trying to incorporate some of the harbor. The upper floors on this will have breathtaking views of the urbanity of Lower Manhattan.

Thanks for the updates, definitely keeping my fingers crossed!

reencharles Apr 13, 2012 3:36 AM

And five years has passed since the creation of this topic, I hope it can be built as soon as possible. It has a good height and is a very fine building in a very good place. I like...

To get a sense of its height, it will be taller than the Washington 123 (W New York Downtown - 690 feet).

Zapatan Apr 13, 2012 4:47 AM

709 feet is 216 meters :)

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