NEW YORK | 29th & 5th (8 West 30th Street) | 686 FT | 43 FLOORS

[Crawford]

Originally Posted by Hudson11

no, YIMBY is reporting what is on the permits. HFZ are being shady about this.

No, they are mis-reporting (though probably unintentionally), because those are initial NB permits, and do not reflect what is actually being built (which is pretty much the norm with major projects that use air rights).

And what are you referring to re. something "shady" going on by HFZ? Bizarre. This is a very public project, for years now, and air rights transfers are public record. The building specs have been public for at least 2-3 years.

[Hudson11]

Originally Posted by Crawford

No, they are mis-reporting (though probably unintentionally), because those are initial NB permits, and do not reflect what is actually being built (which is pretty much the norm with major projects that use air rights).

And what are you referring to re. something "shady" going on by HFZ? Bizarre. This is a very public project, for years now, and air rights transfers are public record. The building specs have been public for at least 2-3 years.

another source, not sure where they got the name from, but they tend to be in the know: https://www.skyscrapercenter.com/bui...ta-tower/31204

It remains to be seen if there is any truth to the 600k sf figure. There were reports that the tower may be significantly larger, but only that. Reports. It was never confirmed. Developers inflate figures all of the time. Plans change all the time. HFZ already proved their sliminess by pulling down the Bancroft Building before confidently setting a plan for the redevelopment. They switched to office around 2 years go and the design does not appear to conform with the LPC guidelines that the air rights transfers were contingent upon.

https://newyorkyimby.com/2016/06/gil...th-street.html

Developer HFZ Capital Group wants to build a 64-story, 796-foot-tall, mildly Jenga-esque mixed-use tower designed by architect at 8 West 30th Street. In order to do that, it needs air rights from neighboring properties including the landmarked Marble Collegiate Church at 1 West 29th Street and landmarked Gilsey House at 1200 Broadway.

HFZ is trying to get those rights via a 74-711 application, which means they are responsible for both making sure the new building’s base is harmonious with the landmarks and that the landmarks themselves are kept up.

[Crawford]

Originally Posted by Hudson11

It remains to be seen if there is any truth to the 600k sf figure.

No. That is the official figure, and has never changed. I already posted the link.

Originally Posted by Hudson11

There were reports that the tower may be significantly larger, but only that. Reports. It was never confirmed. Developers inflate figures all of the time. Plans change all the time. HFZ already proved their sliminess by pulling down the Bancroft Building before confidently setting a plan for the redevelopment.

The above is 100% nonsense. For years now, HFZ has been very clear about their plans, and their (very public) air rights transfers. They didn't spend $150 million in air rights and go through a gauntlet of public review for the hell of it. They aren't marketing the project as-is for the hell of it.

Also, I have no idea what you're talking about re. Bancroft building or your wacky allegation that developers like to exaggerate the size of their buildings to further enrage NIMBYs and politicans, just because.

[Hudson11]

Originally Posted by Crawford

Also, I have no idea what you're talking about re. Bancroft building or your wacky allegation that developers like to exaggerate the size of their buildings to further enrage NIMBYs and politicans, just because.

Thanks for putting words in my mouth.

[Crawford]

Originally Posted by Hudson11

Thanks for putting words in my mouth.

Your exact words:

"Developers inflate figures all of the time."

Can you name even one such instance? Can you detail why it would be in the developer's interest to lie about the size of their plans by telling Community Boards, elected officials and regulatory authorities that a building would be twice the size of the building actually planned?

Not sure why you're now referencing their residential proposal. That was cancelled three years ago. Since then, it has always been the same BIG-designed office proposal.

[Hudson11]

Right, but I still can't piece together where all of the air rights are coming from. Maybe I'm missing a link of information, but I don't recall them assembling an extra 250,000 sf. We know how they acquired the rights for the Residential scheme, but this one is obviously different. Even the locals don't seem to know what's going on.

Originally Posted by NYguy

https://www.crainsnewyork.com/real-e...r-office-tower

Locals suspect church plan is back door to larger office tower

[chris08876]

Credit: JC_Heights

[Zerton]

What are these magic hanging vines?

[mrnyc]

^ plastic fake vine ornamentation.

[chris08876]

Excavation Continues For Bjarke Ingels’ Strata Tower At 3 West 29th Street In NoMad

Excavation and pilings are progressing for Strata Tower, Bjarke Ingels Group‘s 34-story commercial office skyscraper at 3 West 29th Street in NoMad. Formerly known as 29th & 5th, the project is being developed by HFZ Capital Group and is slated to top out at 551 feet, making it one of the tallest structures in Midtown below the Empire State Building. Pavarini McGovern, LLC is the general contractor for the nearly 300,000-square-foot development.

Photos from through the green construction fence show the piling machines all in use, while multiple excavators throughout the site continue to dig deeper into the earth. All of this activity is happening directly next to the backside of the Marble Collegiate Church and near a number of old low-rise structures.

Bjarke Ingel’s office tower will certainly transform the southern Midtown skyline and contribute to the growing vertical density of NoMad. This neighborhood is in the midst of a construction boom with several hotels, office towers, and residential buildings nearby under construction or recently completed. We likely won’t see Strata Tower make a substantial impression on the skyline until the latter half of 2021.

The closest transit options are the R and W trains at the 28th Street-Broadway station to the west and the B, D, F, M, N, Q, R, W, and PATH trains to the north at Herald Square.

3 West 29th Street is expected to be completed in the spring of 2023.

====================
NYY

[chris08876]

Credit: SideStreet

[NYguy]

https://twitter.com/LindeGriffith/st...30673368649728

Drilling while keeping the church (built circa 1851) safe and structurally sound.

[JMKeynes]

This tower is an utter abomination.

[chris08876]

Credit: Tectonic

[chris08876]

Credit: JC_Heights

[chris08876]

Credit: JC_Heights

[chris08876]

Love that rendering on the DOB poster. A lot of talent went into that rendering.



Credit: Michael Young

[JMKeynes]

Does HFZ have a construction loan? I hope not. I really hope that they lose this site through foreclosure and that something else is built here.

[chris08876]

They did get close to 100 million of financing for construction. Not the full amount but enough to get things rolling. They had quite an investment to acquire the air rights.

This project is happening.

These are also the same folks that are responsible for 76 11th, so I'm sure they would have the capital via sell outs to fund this if need be.

[chris08876]

Credit: JC_Heights