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-   -   NEW YORK | The Spiral (509 W. 34th) | 1,041 FT | 66 FLOORS (https://skyscraperpage.com/forum/showthread.php?t=184944)

NYguy Dec 27, 2017 1:48 AM

50 Hudson yards leaped ahead of this one in height, slightly. But now it looks like they will be equal in height...


http://a4.pbase.com/o10/06/102706/1/...UMMB1z4.d4.JPG
http://a4.pbase.com/o10/06/102706/1/...YqOsdxx.d5.JPG



http://a4.pbase.com/o10/06/102706/1/...Plu1vMd.d6.JPG




http://a4.pbase.com/o10/06/102706/1/...219_211840.jpg

Yesh222 Dec 27, 2017 9:18 PM

This building had so much potential to stand out above the skyline. Instead, we're getting another monster tower around 1,000 feet, which will just get lost in the sea of massive 1,000-footers in/around Hudson Yards.

JMKeynes Dec 27, 2017 10:38 PM

Quote:

Originally Posted by Yesh222 (Post 8029894)
This building had so much potential to stand out above the skyline. Instead, we're getting another monster tower around 1,000 feet, which will just get lost in the sea of massive 1,000-footers in/around Hudson Yards.

It's a beautiful building though. Also, only in New York can we complain about the "problem" of having a sea of 1,000' tall towers!:cheers:

Prezrezc Dec 27, 2017 11:26 PM

(Mods please delete this TYVM)

Prezrezc Dec 27, 2017 11:29 PM

Quote:

Originally Posted by Yesh222 (Post 8029894)
Instead...

Least they didn't do what Moinian did (admittedly by necessity) to 3HY, tho.......


Quote:

...We're getting another monster tower around 1,000 feet, which will just get lost in the sea of massive 1,000-footers in/around Hudson Yards.
Fair gripe; but I would suggest this:

Isn't that somewhat like complaining about the half-dollar coin-sized chunk of pecan brittle in a ten gallon barrel of homemade crackerjack????

That this biggie boom is happening at all is cause for the sort of rejoicing that would make a dervish's spinaroonie look like the hokey-pokey.

NYguy Dec 28, 2017 2:25 AM

Quote:

Originally Posted by Yesh222 (Post 8029894)
This building had so much potential to stand out above the skyline. Instead, we're getting another monster tower around 1,000 feet, which will just get lost in the sea of massive 1,000-footers in/around Hudson Yards.

Yeah, it could have stood out more, as could have the others. But what's being built here is exactly as the city envisioned it - large commercial towers with the large floorplates that aren't feasible elsewhere in the city due to lack of space. It's a factor in the draw of the Yards, as you need a "critical mass" of companies making the jump over to legitimize the area as one of the new business districts. Anything much higher than what is being built over there now would need a residential component, something that's not necessarily a priority on these commercial sites, nor should it be. The developer's are looking to reel in the "big fish" to get these buildings out of the ground.

It just so happens that, by default, most of these towers are around the same size. That leads to them being of similar height, unfortunately.

chris08876 Dec 28, 2017 6:07 AM

I agree with the big fish in terms of the tenants. It really comes down to the power tenants that make a district (both in economic output and also perception). Smaller ones within an area, and its more of a boutique. Whereas HY is where the big players come, and with that, a springboard to further development as the neighborhood becomes ever so powerful as a CBD node. One of many for the city.

Relative to the total sq-footage of Manhattan, HY is tiny. Its like the solar system in a galaxy of sq-footage, but its a powerful one at that. Full of quality tenants.

I envision Manhattan on the west Side, near the yards, like a young East Midtown being born.

ILNY Jan 2, 2018 4:01 AM

Demo is completed and construction equipment was removed from the site. Now we have to wait for excavation to start.
Also, this photo shows how big the lot it, this is going to be big ass tower.

https://farm5.staticflickr.com/4682/...25fbc861_o.jpg
509 West 34th Street (The Spiral) by NyConstructionPhoto, on Flickr

NYguy Jan 3, 2018 8:33 PM

I've been saying people won't realize how big 50 and the Spiral are going to be until construction begins.

A look at who's going where so far...


https://therealdeal.com/wp-content/u...ants-large.jpg
https://therealdeal.com/issues_artic...-yards-reboot/

NYguy Jan 21, 2018 1:36 AM

As shown in the wind test for 50 Hudson Yards....massive buildings.



http://a4.pbase.com/o10/06/102706/1/...wOmQWJv.s5.JPG

chris08876 Jan 21, 2018 2:00 AM

Close to 3 million square feet of it too! Its marketed at 2.85 mil sq-ft.

As a reference, 1 WTC is 3 mil-sq ft, so the Spiral is not far behind. Not only that, but 1 WTC is clearly taller, so thus, from a bulk perspective, it'll rank up there in terms of monoliths next to Met Life and 55 Water Street. A ton of usable space will be added to the market in the years to come.

MetLife has a little over 3 mil, and 55 Water roughly the same as the Spiral at 2.9 mil sq-ft. 55 Water though is the champ of bulk considering its 300 ft shorter.

NYguy Jan 21, 2018 2:38 AM

I think this will have the massiveness of the Met Life / Pan Am building. Same goes for 50 Hudson, which is why I'm hoping it doesn't turn out to be too much, too close.




http://m2.i.pbase.com/o10/06/102706/...NFGdkQ.s4c.jpg



http://m0.i.pbase.com/o10/06/102706/...k0JilJ.s3b.JPG

Zerton Jan 22, 2018 10:23 PM

Are different companies going to want steps coming down from various other floors directly into theirs?

chris08876 Jan 23, 2018 12:06 AM

It looks like a nicer version of a emergency fire/evacuation route. IDK if the portion of the steps are part of the leasing space. Just a guess here. Floor plans might be the key to your question.

NYguy Jan 23, 2018 1:09 AM

Quote:

Originally Posted by Zerton (Post 8056542)
Are different companies going to want steps coming down from various other floors directly into theirs?

It's highly unlikely that the leased floors will be open like that. Most of the newer office buildings going up have open floors that way, but tenants will be leasing multiple floors.
Any tenant with a single floor, or even partial floor won't have the need to open up to other floors that way.



A look at interior and the exterior open space...


https://www.thespiralny.com/architecture/
Quote:

The terraces provide each floor with a double-height amenity space that can either be connected to adjacent floors for a dynamic workspace flow, or can serve as a unique meeting space
dedicated to one specific floor. Tenants enjoy spectacular morning light over Midtown, sunsets over the Hudson River, and panoramic views of Manhattan on every floor.

Indoor atrium workspace seamlessly connects to exterior landscaped terraces on every floor, ideal for informal meetings or simply taking a moment to be inspired by the sweeping views.


https://www.archdaily.com/781752/big...al-tower-photo

https://images.adsttc.com/media/imag...jpg?1454949805



https://images.adsttc.com/media/imag...jpg?1454949754



https://images.adsttc.com/media/imag...jpg?1454949724

NYguy Feb 14, 2018 5:17 AM

FEBRUARY 13, 2018


This vast, open sky will soon give way to vast skyscrapers...


http://a4.pbase.com/o10/06/102706/1/...0910_HDR01.jpg



http://a4.pbase.com/o10/06/102706/1/...0910_HDR02.jpg

NYguy Feb 27, 2018 5:27 AM

This one has received construction permits from the DOB. Another behemoth prepares to rise.


http://a4.pbase.com/o10/06/102706/1/...9Fhytmo.g1.JPG



http://a4.pbase.com/o10/06/102706/1/...pDk.g1Copy.JPG



http://a4.pbase.com/o10/06/102706/1/...MQKbYz3.g0.JPG



http://a4.pbase.com/o10/06/102706/1/...Qz81jN6.g2.JPG

NYguy Feb 27, 2018 9:09 PM

https://radiiinc.com/big-66-hudson-t...hcbbd01pqdvkhf

https://static1.squarespace.com/stat...-hudson_9.jpg?



https://static1.squarespace.com/stat...-hudson_8.jpg?



https://static1.squarespace.com/stat...-hudson_1.jpg?

NYguy Mar 2, 2018 2:37 AM

Clockwise, Spiral, 50 Hudson, (55 Hudson), and 3 Hudson...


https://www.instagram.com/p/BfuNYvun...by=mannyvega89

https://scontent-sea1-1.cdninstagram...NDY2OQ%3D%3D.2

artspook Mar 7, 2018 8:03 AM

even bad buildings look fun, clean, & fascinating as architectural models . .
but I fear this one in reality, is gonna look like the obese pig mausoleum . .
too close to, & crowding its neighbors . .
not to mention all the dead trees . .
blowing around on the steps . .

a little old fashioned stone church, & a couple of quirky brownstones . .
would go a long way to making HY more of a pleasant neighborhood . .
less like a hyper-glitzy, banal, overcrowded, pseudo-futuristic, money-driven,
malevolent zombie-apocalypse nightmare . .
that'll sap the energy out of every poor sucker that lives or works
within 2 miles of this concoction of weird abysmal architecture . .
so to speak . .

maybe right before a HY businessman has a meltdown or goes ballistic,
he can run out of the ugly office building . . run over to the Vessel . .
go up, down, & around the hamster stairs numerous times . . till he's dizzy . .
then return to the office & resume landscaping . .

on the other hand, Sunbathing 9-5 at the office, on one of these Spiral decks,
might just inspire cutthroat horticultural competition . .
perhaps even ingenious vertical golfing schemes . .
where ya gotta start at the top . .
and never use your driver . .

NYguy Mar 7, 2018 8:14 PM

Quote:

Originally Posted by NYguy (Post 8104852)



This view reminds me of this "quaint" shot of Park Avenue before it was built into what it is today.


http://www.pbs.org/wgbh/americanexpe...-1200x0-70.jpg
http://www.pbs.org/wgbh/americanexpe...al-air-rights/

NYguy Apr 10, 2018 1:40 PM

https://therealdeal.com/2018/04/10/d...n-hq-for-360m/

David Werner buying Pfizer’s Midtown HQ for $360M
Pharma giant finalizes deal at Tishman Speyer's West Side skyscraper; Midtown properties stand to gain from area rezoning



https://therealdeal.com/wp-content/u...s--650x368.jpg


By Mark Maurer
April 10, 2018


Quote:

As it finalized its new lease at a proposed Hudson Yards skyscraper, Pfizer struck a deal to sell its longtime Midtown office buildings on East 42nd Street to David Werner for about $360 million, The Real Deal has learned.

Quote:

The deal would be for the fee position at 219 and the leasehold position at 235, sources said. It would involve a leaseback to Pfizer of at least five years, given that the company’s new home at Tishman Speyer’s Spiral is not expected to be ready until 2022.

Quote:

On Tuesday, Tishman Speyer announced that it had finalized lease terms with Pfizer for 800,000 square feet at the Spiral, its Bjarke Ingels-designed skyscraper at 66 Hudson Boulevard.

NYguy Apr 10, 2018 1:47 PM

https://therealdeal.com/2018/04/10/p...yers-spiral-2/

Tishman Speyer picks up Pfizer as anchor tenant for Spiral, lands mammoth construction loan
It's one of the largest construction financing deals in city history



https://s14.therealdeal.com/trd/up/2...and-Spiral.jpg


By Will Parker
April 10, 2018


Quote:

ishman Speyer has officially landed its anchor tenant for its $3.7 billion Hudson Yards office tower, and it comes with one of the largest construction financing deals in history.

The developer announced Tuesday morning that the pharmaceutical company inked a 20-year-lease for 800,000 square feet at the Spiral, which will allow construction at 66 Hudson Boulevard to begin in June. Pfizer will occupy floors 7 through 21 in the 2.8-million-square-foot tower.

In conjunction with the Pfizer lease, Tishman Speyer said it locked down a $1.8 billion construction loan from private equity shop Blackstone, in what is one of the largest — if not the largest — construction financing deals ever done in Manhattan.

Quote:

Nearby at 50 Hudson Yards, Related Companies closed on the largest construction loan of 2017, when it received a $1.5 billion loan to build the upcoming $4 billion office tower.

The Best Forumer Apr 10, 2018 1:47 PM

this is good news indeed.

streetscaper Apr 10, 2018 2:24 PM

That means this should start construction soon, right?

NYguy Apr 10, 2018 5:23 PM

Quote:

Originally Posted by streetscaper (Post 8149047)
That means this should start construction soon, right?

Yes, it's just a matter of when it's officially under construction.

NYguy Apr 10, 2018 5:47 PM

https://nypost.com/2018/04/10/pfizer...-hudson-yards/


Quote:

Pfizer’s 20-year lease at The Spiral is for 15 floors and part of the lobby. Construction is to start in June on the tower, which will fill the block bounded by West 34th and 35th streets and by Tenth Avenue and the new Hudson Park and Boulevard. A Cushman & Wakefield team led by Josh Kuriloff represented Pfizer in negotiations.

The Best Forumer Apr 10, 2018 6:11 PM

Quote:

Originally Posted by NYguy (Post 8149354)
Yes, it's just a matter of when it's officially under construction.

lets hope that the sooner the better.

Submariner Apr 10, 2018 9:25 PM

Quote:

Originally Posted by NYguy (Post 8149354)
Yes, it's just a matter of when it's officially under construction.

Has excavation on the site begun?

chris08876 Apr 10, 2018 9:53 PM

Quote:

Originally Posted by NYguy (Post 8149354)
Yes, it's just a matter of when it's officially under construction.

Everytime another super tall starts u/c, we should post this:

https://media1.tenor.com/images/17c2...1cac/tenor.gif

Actually, I unofficially crown "another one" as the unofficial nyc slogan for super tall construction. :D :cheers:

So if someone asks about super talls in the city, you respond "another one!"

Its how the yutes nowadays learn to count up to 10, and soon up to 20. They just point at the super talls, for the visual learners out there!

NYguy Apr 10, 2018 10:05 PM

Quote:

Originally Posted by Submariner (Post 8149822)
Has excavation on the site begun?

I know that they were preparing to start digging, whether or not that has started I don't know. The article said construction begins in June, I don't know what that was a reference to.


Also, I don't know where the height figure comes from here...


http://rew-online.com/2018/04/10/pfi...speyer-spiral/

Pfizer signs 800,000 s/f lease for Tishman Speyer Spiral

BY REW • APRIL 10, 2018


Quote:

Tishman Speyer president and CEO Rob Speyer announced yesterday (Tuesday) that the company will begin construction of the 65-story office tower at 66 Hudson Boulevard in June.

The company also announced it had secured financing for the $3.7 billion project, with $1.9 billion in equity from Tishman Speyer and more than a dozen other institutional, pension fund and individual investors, as well as a $1.8 billion construction loan from Blackstone.


Quote:

Designed by starchitect Bjarke Ingels’ firm BIG, The Spiral will reach 1,031 feet and feature a cascading series of landscaped terraces and hanging gardens as its “signature element,” according to a press release. The terraces will ascend, one per floor, in a spiraling motion to create a continuous green pathway that wraps around the façade of the tower.




https://rebusinessonline.com/tishman...-in-manhattan/

Tishman Speyer to Break Ground on $3.7B, Pfizer-Anchored Office Tower in Manhattan

April 10, 2018
by John Nelson


Quote:

Tishman Speyer, a New York-based owner and developer of trophy office assets around the world, plans to break ground in June on The Spiral, a $3.7 billion office tower that will rise 65 stories at 66 Hudson Blvd. in Manhattan.

.....Tishman Speyer has tapped Turner Construction to serve as the construction manager for The Spiral, which is expected to generate approximately 7,600 construction jobs and more than 7,100 permanent office, retail and building-service jobs upon completion.

Once construction begins, Tishman Speyer will have more than 4.5 million square feet of modern office space under active construction throughout New York City. The company is currently building The Jacx, a 1.2 million-square-foot office development in Long Island City that is already more than 70 percent pre-leased to Bloomingdales and WeWork; and The Wheeler, a 10-story, 620,000-square-foot office campus that rises above the Macy’s historic downtown Brooklyn department store.





https://www.bisnow.com/new-york/news...one-loan-87154

1,031-Foot Hudson Yards Tower To Start Construction Behind $1.8B Blackstone Loan

April 10, 2018
Ethan Rothstein


Quote:

The developer, which owns Rockefeller Center and the Chrysler Building, will finance the $3.7B Spiral tower with $1.9B in equity and a $1.8B construction loan from Blackstone Mortgage Trust. Tishman Speyer and a group of pension, foreign and institutional funds all contributed equity in the deal. The tower is expected to take four years to build, and Pfizer has agreed to move its headquarters there on a 20-year lease when it opens in 2022.




https://www.prnewswire.com/news-rele...300627217.html

Tishman Speyer To Begin Construction Of The Spiral, An Iconic Hudson Yards Tower
And Model For The Modern Collaborative Workplace
Pfizer to Relocate its Global Headquarters to Tishman Speyer's 1,031 Foot Midtown West Tower upon Completion in 2022



NEWS PROVIDED BY
Tishman Speyer


Quote:

Tishman Speyer President and CEO Rob Speyer announced today the company will commence construction in June 2018 on The Spiral, a 65-story office tower at 66 Hudson Boulevard in Manhattan, after securing the necessary financing and finalizing an 800,000 square-foot lease with Pfizer, one of the world's premier biopharmaceutical companies.

....."Pfizer has a proud and storied history in New York City that began in 1849," said Albert Bourla, Pfizer Chief Operating Officer. "We are excited that this move will provide our colleagues with a modern, state of the art headquarters that will enable us to continue to fulfill our desire to be the most innovative biopharmaceutical company dedicated to discovering and bringing new therapies to improve the lives of patients around the world."


a very long weekend Apr 12, 2018 7:58 AM

2.8 million square feet on this one. One has the feeling that midtown will empty out at this rate. On just the office projects west of Penn station set to build/under construction, we're looking at something like 20 million square feet of office space. There's room for another 20 million if they want it too. Just wild.

JMKeynes Apr 12, 2018 11:26 AM

Between this tower and 50 MW alone, there will be 4m sf of unaccounted space. There are around another 3m sf of new space available at 1 Vanderbilt and 3 WTC.

Good luck to Moinian and BP for finding a tenant. It’s not happening.

NYguy Apr 12, 2018 3:15 PM

Quote:

Originally Posted by a very long weekend (Post 8151840)
2.8 million square feet on this one. One has the feeling that midtown will empty out at this rate. On just the office projects west of Penn station set to build/under construction, we're looking at something like 20 million square feet of office space. There's room for another 20 million if they want it too. Just wild.


Just a drop in the bucket compared to Midtown overall, but much needed space for expansion and renewal of the supply. With that, the cit won't have to bulldoze entire sections of Midtown. But even the Hudson Yards will fill up. The city counted on a 30 year build-out. It's filling up faster.


Anyway, glad to see financing in place so this can move forward. All good signs.


https://www.cpexecutive.com/post/tis...er-lands-1-8b/

Quote:

Good times or no, it’s not every developer that can procure nearly financing packages exceeding a billion dollars. However, there have been more than a few such deals in Manhattan over the last 12 months. Related Cos., Oxford Properties Group and Mitsui Fudosan America Inc., developers of the 50 Hudson Yards office tower, reeled in $3.8 billion in financing for the project, including a $1.5 billion senior construction loan. HFZ Capital Group got a boost for the development of The Eleventh, securing $1.25 billion in construction financing for the luxury mixed-use project in Chelsea. And more recently, Extell Development Co. revealed in January of this year that it had closed on a $1.1 billion construction loan for Central Park Tower, which, at a planned 1,550 feet in height, will hold the title of the world’s tallest residential building.

NYguy Apr 14, 2018 3:13 AM

https://www.instagram.com/p/BhgnZgEF...-by=hagenscutt

https://scontent-iad3-1.cdninstagram...89830656_n.jpg

NYguy Apr 30, 2018 10:23 PM

https://therealdeal.com/2018/04/30/d...n-yards-tower/

Dutch pension fund invests in Tishman Speyer’s Hudson Yards tower
Developer transferred more than 60% of the equity in the project to 11 limited partners for $450M



By Rich Bockmann
April 30, 2018


Quote:

Entities controlled by Tishman Speyer earlier in April transferred nearly 63 percent of the equity in its 2.8 million-square-foot Spiral project to 11 limited partners in a pair of transactions totaling $449.63 million, public records filed with the city Monday show.

The move came as Tishman Speyer announced it had raised an additional $900 million in equity for the development.

Quote:

A spokesperson for Tishman Speyer declined to comment, but a source familiar with the project confirmed that the pension fund is indeed a limited partner. Other partners include Chinese conglomerate HNA Group, which had been previously disclosed.

Tishman earlier this month announced it has raised a total of $1.9 billion in equity for the planned 65-story office building at 66 Hudson Boulevard. That was up from the $1 billion it had raised by early 2016.

The developer recently locked down $1.8 billion in construction financing from Blackstone Mortgage Trust for the building, which will be anchored by biopharmaceutical giant Pfizer.

a very long weekend May 2, 2018 6:24 AM

Quote:

Originally Posted by NYguy (Post 8152134)
Just a drop in the bucket compared to Midtown overall, but much needed space for expansion and renewal of the supply. With that, the cit won't have to bulldoze entire sections of Midtown. But even the Hudson Yards will fill up. The city counted on a 30 year build-out. It's filling up faster.

Yeah, it's years down the line (though it's all happening so fast!) but once Hudson Yards is all built out, development will move north and we could possibly see Japanese style decking of all that mess around the Lincoln Tunnel ramps, particularly if they finally build out that subway station at 41st and 10th avenue. If the far west side is in the realm of $3B, ~2.5 million occupiable square feet towers, then a Gate Tower-type building isn't particularly hard to imagine.

chris08876 May 16, 2018 10:38 PM

https://discourse-cdn-sjc1.com/busin...1_666x500.jpeg
Credit: JC_Heights

Prezrezc May 17, 2018 1:47 PM

My first impressions of that pic were of NYC...almost any part of it...in the 1970's when sites like that didn't necessarily mean that construction of any sort was about to happen.

Quite the opposite, actually.......

chris08876 May 17, 2018 10:23 PM

Can't help but to look at 35 Hudson and know that this will be in similar magnitude, and I believe bulkier. 35 Hudson looks monolithic already. Its a good feeling to know that more is planned, and commencing soon, along with Phase II which we are yet to truly appreciate.

TechTalkGuy May 18, 2018 2:43 AM

Is Midtown West more desirable than downtown?

chris08876 May 26, 2018 4:28 PM

Quote:

Originally Posted by TechTalkGuy (Post 8191949)
Is Midtown West more desirable than downtown?

Yes. Its been the hot spot for a lot of new business and tenant relocation. Even to the point of threatening the power balance in Midtown East.

chris08876 May 26, 2018 4:28 PM

https://discourse-cdn-sjc1.com/busin...884493126.jpeg
Credit: JC_Heights

TechTalkGuy May 26, 2018 9:32 PM

:previous: Looks like we’ve got a ways to go! :rolleyes:

chris08876 Jun 19, 2018 5:53 PM

This has "officially" broken ground. :cheers:

NYguy Jun 19, 2018 6:32 PM

Bring it on.


https://www.instagram.com/p/BkF8aNRF...=danielsundlin
https://www.instagram.com/p/BkGr0E2n...y=bjarkeingels

Quote:

Parkscraper in Progress
photo:@danielsundlin
https://scontent-iad3-1.cdninstagram...81307904_n.jpg

scalziand Jun 19, 2018 9:44 PM

Quote:

Originally Posted by a very long weekend (Post 8174111)
Yeah, it's years down the line (though it's all happening so fast!) but once Hudson Yards is all built out, development will move north and we could possibly see Japanese style decking of all that mess around the Lincoln Tunnel ramps, particularly if they finally build out that subway station at 41st and 10th avenue. If the far west side is in the realm of $3B, ~2.5 million occupiable square feet towers, then a Gate Tower-type building isn't particularly hard to imagine.

Probably going to be done as part of rebuilding the PABT

Barney Greengrass Jun 24, 2018 7:00 AM

Didn't see much action there today, but can confirm the sign:

https://s6.postimg.cc/b2q7m28i9/20180623_184228.jpg

https://s6.postimg.cc/rdqbidspt/20180623_184231.jpg

NYguy Jun 24, 2018 4:04 PM

Quote:

Originally Posted by Sloper (Post 8231296)
Didn't see much action there today, but can confirm the sign:


Most construction sites in the city are inactive on the weekends. But it's only a matter of time before this is moved to the construction forum. It's financed, and ready to go in the ground. That pesky digging has to be done first though.

chris08876 Jun 24, 2018 4:40 PM

The DOB rendering looks like some sort of mine craft experiment.


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