NEW YORK | 250 Water Street | 2 x 470 FT | 38 FLOORS - Page 7

Zerton · #**121** Posted **Oct 6, 2020, 7:43 PM**

"I live in lower Manhattan and I hate skyscrapers!"

Some people are nuts.

Sky88 · #**122** Posted **Oct 6, 2020, 9:12 PM**

Quote:

Originally Posted by Zerton

"I love in lower Manhattan and I hate skyscrapers!"

Some people are nuts.

You are right, but I believe that it will be changed.

Quote:

A spokesperson from Howard Hughes Corporation recently informed YIMBY stating, “these renderings are outdated and do not depict designs under consideration for 250 Water Street.

NYguy · #**123** Posted **Oct 22, 2020, 4:02 PM**

Boooooo!!! Boooooo!!! Get off the stage!!!

https://www.bnnbloomberg.ca/howard-h...port-1.1511728

Howard Hughes Pitches $1.4 Billion Development Near NYC Seaport

Natalie Wong, Bloomberg News

Quote:

Howard Hughes Corp. is proposing a $1.4 billion development in Manhattan’s South Street Seaport District, the latest attempt to transform a lot that has been mired in controversy for decades.

The Texas-based real estate developer, whose chairman is hedge fund manager Bill Ackman, wants to turn a parking lot at 250 Water Street into two 470-foot towers with a mix of affordable rentals, offices and condo units, according to a statement Thursday.

Quote:

Numerous plans for the Water Street lot have failed over the years, long before it was purchased by Howard Hughes. The current zoning allows for a roughly 12-story tower. The larger proposed buildings, at about 38 stories, require city approval.

To sweeten the deal, the company will enhance public spaces in the area and is offering to invest $50 million into the South Street Seaport Museum, which has taken a hit during the pandemic.
The project includes more than 100 affordable rentals, part of a city requirement to get approval for the proposed zoning change.
Households earning 40% of the median income in the area -- more than $150,000 -- can qualify for the apartments. The rest of the building will be condos, with about 260 units. A mix of offices and retail space will make up the lower levels.

NYguy · #**124** Posted **Oct 22, 2020, 9:24 PM**

As boring as it sounds...

https://www.6sqft.com/1-4b-south-str...ordable-units/

Hudson11 · #**125** Posted **Oct 22, 2020, 9:32 PM**

not a fan. I especially don't like the podium approach to the two towers. This is a very walkable neighborhood, and this is a huge lot, they should divide it somehow. Either an alleyway or a plaza. See the outrage at the Hudson Yards mall. If the towers need to be connected, a skybridge would be apt.

Zapatan · #**126** Posted **Oct 22, 2020, 9:57 PM**

Nice, I like this one

Quote:

Originally Posted by Zerton

"I live in lower Manhattan and I hate skyscrapers!"

Some people are nuts.

Better they go live in Kansas so they can hate cornfields

Zapatan · #**127** Posted **Oct 22, 2020, 10:06 PM**

Quote:

Originally Posted by Hudson11

not a fan. I especially don't like the podium approach to the two towers. This is a very walkable neighborhood, and this is a huge lot, they should divide it somehow. Either an alleyway or a plaza. See the outrage at the Hudson Yards mall. If the towers need to be connected, a skybridge would be apt.

Agreed, I just noticed that. A nice street level plaza would be better IMO.

Is this what's definitely being built here? I can't believe they didn't go higher in such a prime location.

Hudson11 · #**128** Posted **Oct 22, 2020, 10:21 PM**

Quote:

Originally Posted by Zapatan

Agreed, I just noticed that. A nice street level plaza would be better IMO.

Is this what's definitely being built here? I can't believe they didn't go higher in such a prime location.

Its a historic neighborhood currently capped at a height of 120ft. A tall skyscraper was a non-starter with the community. Since a rezoning would be necessary, the ULURP process can lead to the death of the project, which is why the height was so dramatically decreased, to simply bring it to the table without a unanimous disapproval.

mrnyc · #**129** Posted **Oct 22, 2020, 10:37 PM**

i knew they were going to shrink this to a mediocre double when they said hold on that previous supertall tower render reveal was old news.

watch the same thing will happen to 80 south street.

NYguy · #**130** Posted **Oct 22, 2020, 10:40 PM**

This is what can be built today, as of right. Both of these buildings could be built under current zoning. The NIMBYs won't be satisfied with the compromise. It's a no win situation.

chris08876 · #**131** Posted **Oct 22, 2020, 10:41 PM**

Well thats disappointing.

Adding it to the list of disappointing things in 2020 that I have on a spreadsheet.

Ah... let's enter it in...

Okay, let's save as... to save the spread sheet

(clicks button)

Fu**!

pianowizard · #**132** Posted **Oct 22, 2020, 10:43 PM**

SIGH, according to a widely used definition of a skyscraper as "a continuously habitable high-rise building that has over 40 floors and is taller than 150 m (492 ft)", these twins don't even qualify as skyscrapers, so they won't help boost NYC's skyscraper count.

chris08876 · #**133** Posted **Oct 22, 2020, 10:47 PM**

If we look at the renderings and pics in post #124, the original height would of done wonders for the skyline.

If this was somewhere in DoBro or LIC, its whatever, or if it was somewhere the lower 30's in Midtown, nobody would care... BUT this was in a skyline altering position and the original design or something over 800 ft would of really altered it. The design wasn't bad either but decent. Shame...

A good opportunity to fill a nice gap in the skyline and turn it into a positive view, and they f'd it up with these high rises.

Hudson11 · #**134** Posted **Oct 22, 2020, 11:03 PM**

Quote:

Originally Posted by mrnyc

i knew they were going to shrink this to a mediocre double when they said hold on that previous supertall tower render reveal was old news.

watch the same thing will happen to 80 south street.

fortunately 80 South Street is not within the Seaport Zone, and it is as-of-right. It just needs a willing developer. Oceanwide was an overextended foreign entity.

NYguy · #**135** Posted **Oct 23, 2020, 1:45 AM**

Quote:

Originally Posted by Hudson11

fortunately 80 South Street is not within the Seaport Zone, and it is as-of-right. It just needs a willing developer. Oceanwide was an overextended foreign entity.

Yeah, 80 South St is to be built as is, with a ton of development rights that will go nowhere but on site. There will be no approval process, but it won't rise until the financing is there, which it won't be in the near term.

Back on this development, they've basically taken the 570 ft tower, cut a hundred ft off the top, and split it down the middle. Looks like this was possible by beefing up the towers and pulling them closer to the street. There's not a lot of setback. If this is the best plan, there was no need to roll out the other 4 versions. The NIMBYs will still throw tomatoes at it.

NYguy · #**136** Posted **Oct 23, 2020, 1:51 AM**

https://www.prnewswire.com/news-rele...301158387.html

https://rew-online.com/howard-hughes...-water-street/

jbermingham123 · #**137** Posted **Oct 23, 2020, 5:19 AM**

Jesus I hope thats not the design theyre going with.. thats disgusting

Then again, it is downtown after all.. not exactly an area known for aesthetics

chris08876 · #**138** Posted **Oct 23, 2020, 12:32 PM**

Howard Hughes Corporation Announces Plans For Two-Tower Development At 250 Water Street In South Street Seaport

Quote:

New renderings and details of 250 Water Street were revealed yesterday, depicting a mixed-use development significantly smaller in size and scope than the supertall previously speculated. Developed by the Howard Hughes Corporation and designed by Skidmore Owings & Merrill, the two-tower high rise is a bit underwhelming in contrast to the 1,000-foot-tall design that would have become the tallest structure in Lower Manhattan outside of the World Trade Center complex.

At its highest point, 250 Water Street is expected to reach 470 feet. It appears the five-story podium will still rise approximately 78 feet high, fitting in contextually with with the heights and materials of adjacent buildings. Setbacks along the base further allow sunlight to make its way to the street level.

“As New York City works to recover from the devastating impacts of the pandemic, we are redoubling our commitment to the city and the Seaport,” said Saul Scherl, president of the New York Tri-State Region, The Howard Hughes Corporation. “We aim to be part of the solution by investing in this unique, historic neighborhood and its economy, providing a crucial lifeline to the Seaport Museum, and building affordable housing in an area where housing prices are out of reach for most New Yorkers. Over the last five years, we’ve received input from a wide range of neighbors about the Seaport’s future that has helped shape our proposal, which honors the area’s history and culture. We’re eager to continue the constructive dialogue with the community and our local elected officials as we move toward public review.”

The full-block site on the boundary of the South Street Seaport Historic District in the Financial District will bring new affordable housing units to the area. 250 Water Street will be the first affordable housing built in Manhattan Community Board 1 through the City’s Mandatory Inclusionary Housing program, adding at minimum 100 permanently affordable apartments for residents earning 40 percent of Area Median Income. Of the project’s roughly 360 overall units, approximately 25 percent will be affordable, along with approximately 260 condominium units. Plans for 250 Water Street also include renovations or additions to the Peck Slip Play Street, a stretch of Peck Slip used by the neighboring school and the community as public space.

In order for construction to begin, several approvals are required. The Landmarks Preservation Commission (LPC) must approve the designs for 250 Water Street, as well as the new South Street Museum building and the improvements to the museum’s historic structures. Additionally, development rights from Pier 17 and the Tin Building to 250 Water Street must also be approved. Public review for 250 Water Street as part of the Uniform Land Use Review Procedure (ULURP) is also required. In December, the 250 Water Street proposal will be formally presented to the LPC, and in the spring of 2021 the ULURP process is expected to begin. With all approvals, construction would begin in 2022.

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NYY

SkyHigher · #**139** Posted **Oct 23, 2020, 1:25 PM**

May as well lock this thread now....what a disappointment!

NYguy · #**140** Posted **Oct 23, 2020, 4:36 PM**

Quote:

Originally Posted by SkyHigher

May as well lock this thread now....what a disappointment!

Then we would have missed that!

The towers themselves aren't horrible to look at though. But from what was presented, actually all of them were preferable to this.

https://therealdeal.com/2020/10/22/h...seaport-tower/

Howard Hughes to launch review process for $1.4B Seaport tower
Company scaled back plans for a nearly 1,000-ft building at 250 Water Street

TRD New York
Oct. 22, 2020

Quote:

The publicly traded development firm on Thursday said it will begin the public review process to build a residential building on the site it owns at 250 Water Street with 260 condominiums and 100 affordable rentals.

... Howard Hughes said it will present its proposal to the LPC in December and aims to begin the ULURP process in the spring with an eye toward breaking ground in 2022.

Quote:

The current proposal is scaled back from previous plans Howard Hughes had presented that received pushback from the local community. In its current form, the residential building, designed by Skidmore, Owings & Merrill, would rise 470 feet at its highest point, down from preliminary designs that would have been nearly 1,000 feet tall.