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[The New York Lion]

Originally Posted by MAC123

That is Midtown Manhattan

Midtown East*

[JMKeynes]

Originally Posted by The New York Lion

Midtown East*

I’m a life-long New Yorker, and I don’t consider 10th Ave and 40th St to be Midtown. It’s Hell’s Kitchen.

I agree with your point. Excellent, as always, my good man!

[chris08876]

I'm hoping we see a boom on the level of the last where both HY Phase II, PA Terminal, Penn District and Midtown East go rampant.

I feel at this moment we are seeing the very tail end of the last boom, with many projects at the stages of being complete or have recently been complete but I'm not really seeing that spike, at least based on some of the permits being issued. It has slowed down but let's hope we get a Bloomberg style boom in the works within the next 2-3 years.

Not to say things aren't occurring but it's not that warp speed like in the past where the whole city was "literally" littered in cranes. I hope 2023 kicks it up a notch!

[The New York Lion]

Originally Posted by JMKeynes

I’m a life-long New Yorker, and I don’t consider 10th Ave and 40th St to be Midtown. It’s Hell’s Kitchen.

I agree with your point. Excellent, as always, my good man!

You are the man!

Originally Posted by chris08876

I'm hoping we see a boom on the level of the last where both HY Phase II, PA Terminal, Penn District and Midtown East go rampant.

I feel at this moment we are seeing the very tail end of the last boom, with many projects at the stages of being complete or have recently been complete but I'm not really seeing that spike, at least based on some of the permits being issued. It has slowed down but let's hope we get a Bloomberg style boom in the works within the next 2-3 years.

Not to say things aren't occurring but it's not that warp speed like in the past where the whole city was "literally" littered in cranes. I hope 2023 kicks it up a notch!

Do not forget about Downtown. That is where it all started, after all. Magical buildings like King Woolworth, 70 Pine, 40 Wall, Equitable, and 14 Wall still stand proudly.

45 Broad, 80 South, and there are a few more dev sites down there. 111 Washington comes to mind.

I am betting we see more towers similar to 130 William and 8 Spruce Street. It is becoming a pretty solid place to live and invest, given its excellent transport to Brooklyn in particular. Brooklyn is where all the "cool kids" hang out.

And of course the WTC needs to be completed, which it will be, in time.

[The New York Lion]

Getting a little off topic here, but Lower Manhattan may be my favorite part of The City.

You stand on Wall, Broad, near the Battery, etc. and you're enveloped by a sea of glorious old buildings.

Federal Hall, the stock exchange, the old cotton exchange, Fraunces Tavern, the Potter Building, the customs house, Watson House, et al come to mind.

And the WTC is the Western Wall of the world's only hyperpower.

I get chills thinking about Downtown.

And that's not to mention the utterly world-class neighborhoods like TriBeCa and SoHo.

And soon, that list will include Hudson Square.

[NYguy]

Originally Posted by JMKeynes

I’m a life-long New Yorker, and I don’t consider 10th Ave and 40th St to be Midtown. It’s Hell’s Kitchen.

I agree with your point. Excellent, as always, my good man!

Midtown, and Midtown proper are two different things. Everyone knows midtown is between 14th-59th streets. Midtown proper is more defined, and has more to do with where the office towers are concentrated. Even the ESB isn’t really considered a part of that. But technically speaking, even the Javits is in Midtown.

[NYguy]

Going back to google earth views as we look more closely at the sites of the planned towers.

SITE 4

2.3 MSF Office Tower


This tower would be located at the far western end of the development. It would sit just west of the new ramp structure. It would have a footprint in size roughly equal to or slightly smaller than One Vanderbilt. Because it sits directly over a tunnel opening, there will not be as much sublevel space here as it could be, giving the tower more elevation.
















As it is today....

[Ahoi]

Originally Posted by chris08876

I'm hoping we see a boom on the level of the last where both HY Phase II, PA Terminal, Penn District and Midtown East go rampant.

I feel at this moment we are seeing the very tail end of the last boom, with many projects at the stages of being complete or have recently been complete but I'm not really seeing that spike, at least based on some of the permits being issued. It has slowed down but let's hope we get a Bloomberg style boom in the works within the next 2-3 years.

Not to say things aren't occurring but it's not that warp speed like in the past where the whole city was "literally" littered in cranes. I hope 2023 kicks it up a notch!

What do you mean by the statement?

[NYguy]

Originally Posted by Ahoi

What do you mean by the statement?

He’s basically saying we’re at a period where a lot of projects are finishing, and not as many have started yet. It’s basically the calm before the storm in terms of that. But we can see the rain start to fall, with projects like 262 5th and 520 5th. Soon to be followed by 41 w57th, 740 8th, maybe 570 5th. 3 Hudson hasn’t risen above ground yet. There’s some stirring Downtown at both 80 South and 45 Broad. 343 Madison will join 270 Park when demo is complete, as will the exciting 175 Park. The bidding for 418 11th ( Affirmation Tower site) could put that one on the fast track. 15 Penn is just demo away from joining the party. And most of those are just the supertall skyscrapers. But bigger changes to midtown are coming with the twin rebuilding projects at Penn Station and the Port Authority Bus Terminal. Those developments will spin off skyscrapers like a storm spins off tornados. They’re in the forecast. So, while it may be a simple rain now, (a rain that could flood most places), the storm is coming. And LIC, DT Brooklyn, and JC will all get it.

[MAC123]

Yeah that's another thing I'm excited about. Not just what these projects will directly build themselves, but also what development they'll spur on.

[chris08876]

^^^

I agree. The spill over effect. Hudson Yards was a good example of this. Once the towers started rising within the areas where the rail was covered, a lot of proxy developments came to be. Will be no different with Penn District, Midtown East, LIC and DoBro. When one arrives, more arise.

Same with Jersey City and now, although slow... Newark NJ.

[Sky88]

But the tower didn't have 2.4 MSF?

[chris08876]

Originally Posted by Sky88

But the tower didn't have 2.4 MSF?

Site 1, 2 and 4 allow for 2 MSF or greater. Zoning wise.

[NewYorkCity76]

Originally Posted by NYguy

He’s basically saying we’re at a period where a lot of projects are finishing, and not as many have started yet. It’s basically the calm before the storm in terms of that. But we can see the rain start to fall, with projects like 262 5th and 520 5th. Soon to be followed by 41 w57th, 740 8th, maybe 570 5th. 3 Hudson hasn’t risen above ground yet. There’s some stirring Downtown at both 80 South and 45 Broad. 343 Madison will join 270 Park when demo is complete, as will the exciting 175 Park. The bidding for 418 11th ( Affirmation Tower site) could put that one on the fast track. 15 Penn is just demo away from joining the party. And most of those are just the supertall skyscrapers. But bigger changes to midtown are coming with the twin rebuilding projects at Penn Station and the Port Authority Bus Terminal. Those developments will spin off skyscrapers like a storm spins off tornados. They’re in the forecast. So, while it may be a simple rain now, (a rain that could flood most places), the storm is coming. And LIC, DT Brooklyn, and JC will all get it.

I can't wait to see that skyscraper forecast in the future, especially a storm!

[NYguy]

^ You won’t have to wait long.

Originally Posted by chris08876

^^^

I agree. The spill over effect. Hudson Yards was a good example of this. Once the towers started rising within the areas where the rail was covered,

Another bonus to this development is the Port Authority covering over some of the access roads to the Lincoln Tunnel. There should be more of this, and it will go a long way towards “solidifying” the west side.

[NYguy]

For zoning purposes, some comparisons with recent additions…..(total size - vs allowable FAR)


ONE VANDERBILT

1.653 m - 1.298 m (30 FAR)





CENTRAL PARK TOWER

1.617 m - 1.212 m (13.3 FAR)





STEINWAY TOWER

.581 m/entire building - .296 m /new addition. (12.8 FAR)





432 PARK AVENUE

.748 m (all buildings) - .595 m (14 FAR)





THE SPIRAL

2.609 m - 2.222 m (33 FAR)





50 HUDSON

2.868 m - 2.265 m (33FAR)





270 PARK

2.420 m - 1.863 m (23 FAR)

[chris08876]

Some extra reading material: https://www.panynj.gov/port-authorit...d-archite.html

Press Release Number: 78-2022

" PORT AUTHORITY ANNOUNCES TWO-FIRM TEAM OF WORLD-RENOWNED ARCHITECTS TO LEAD ARCHITECTURAL DESIGN OF AGENCY’S TRANSFORMATIVE 21ST CENTURY VISION FOR WORLD’S BUSIEST BUS TERMINAL "

[Gantz]

Originally Posted by chris08876

I'm hoping we see a boom on the level of the last where both HY Phase II, PA Terminal, Penn District and Midtown East go rampant.

I feel at this moment we are seeing the very tail end of the last boom, with many projects at the stages of being complete or have recently been complete but I'm not really seeing that spike, at least based on some of the permits being issued. It has slowed down but let's hope we get a Bloomberg style boom in the works within the next 2-3 years.

Not to say things aren't occurring but it's not that warp speed like in the past where the whole city was "literally" littered in cranes. I hope 2023 kicks it up a notch!

I think you will see a spike in activity whenever the interest rates come down.