Trump Place

[NYatKNIGHT]

Building G is done. Do we assume "H" is next?
Edward's photo from the previous page - Aug. 2005:

http://www.wirednewyork.com/trump_place/images/trump_place_panorama.jpg

[ablarc]

Wish they'd put that highway in a trench. Or put it on grade with periodic humpback bridges to let people pass under.

[Citytect]

I find the elevated highway strangely appealing. The grittiness provides an interesting junxtaposition to the sterilized backdrop of the Trump buildings.

Philip Johnson co-designed Building G with Costas Kondylis???? Ew.

[lofter1]

I find the elevated highway strangely appealing. The grittiness provides an interesting junxtaposition to the sterilized backdrop of the Trump buildings.
And on those hot summer days biking in the new park it provides some much needed shade.

[ablarc]

I find the elevated highway strangely appealing. The grittiness provides an interesting junxtaposition to the sterilized backdrop of the Trump buildings.
How about screening it with tall-growing trees?

[ZippyTheChimp]

If they drop the roadway, it should be buried. A surface road will eat into park space. The El for most of its length is sufficiently high that it provides cover for basketball courts and allowing the afternoon sun to penetrate. I've also come to like the presence of the highway from the park. I hope the remnant of the original Miller Highway, with its graceful arches, remains.

It does block river views from the street above, but except at the northern end, it is quite far out (about 250 ft) from the buildings.

[lofter1]

Plus the juxtaposition of the elevated hiway, the tumble down piers and the new park / new piers is just plain cool.

(And when you're at the water's edge the hiway blocks the buildings -- so you don't have to see them :D .)

[krulltime]

^ Well I rather see the buildings than an elevated highway really. Trump did get money approved back in May by the government. But some politician has put it on hold... Or so I heard.

I cant wait till the whole park is finish. They have finished another part sucessfully. I have wanted to take some photos but this horrible rain doesn't stop!

[Ninjahedge]

He should actually use the money to tear down what he built and build something less ug... I mean "Trumpy".

[ZippyTheChimp]

What money?

[Ninjahedge]

Ask Krull.

[krulltime]

Ok I found some article... but actually is not the $200 Million that he needs to buried the Highway.


Newsday

House bill gives $2.5 million to help Donald Trump project


By DEVLIN BARRETT
Associated Press Writer

March 14, 2005

WASHINGTON -- Billionaire Donald Trump has fame, fortune, and a hit TV show, but Congress wants to give him a little more: $2.5 million to pave the way for better views from his big West Side towers project.

The $284 billion highway spending bill passed overwhelmingly last week by the House includes a provision for some $2.5 million in road construction that would boost Trump's long-held goal of burying part of the West Side Highway near West 61st St.

Burying that section would add park space and provide better views from Trump Place, a group of towers looking over the Hudson River.

Trump's hope of lowering the West Side Highway has been a political sore point for years, in part because Rep. Jerrold Nadler, in whose district the project lies, opposes the plan to tear down and bury the elevated highway before it wears out.

Nadler, D-Manhattan, openly fought with Rep. Sue Kelly, R-Katonah, in 1998 over a similar $6 million provision for construction at the site. It is unusual for a member of Congress to push for a spending provision outside their own district.

Keith Ashdown, vice-president of Taxpayers for Common Sense, a government watchdog group, blasted the funding as pork-barrel spending at its worst.

"There's probably a very short list of individuals who don't deserve to get any federal money, and I would put Donald Trump at the top of that list," said Ashdown, who also complained that no lawmaker has been willing yet to take credit for the spending measure.

"Nobody knows for sure who put this in the bill behind closed doors in the dead of night, so Donald Trump's getting a check for $2.5 million and nobody's even saying who did that."

Neither Nadler's office nor Kelly's office would immediately comment on the $2.5 million provision, and a spokesman for Trump did not immediately return a call for comment.

The $2.5 million would help complete construction of a steel frame underneath Riverside Boulevard around West 61st Street. A steel frame underneath that road would make it easier and cheaper for construction crews to later lower part of the West Side Highway.

Moving the highway, also known as the Joe DiMaggio Highway, below ground would cost hundreds of millions of dollars.

The Senate plans to take up the massive six-year construction spending bill this week.


-------------------------------------------------------

Another article about the Highway...


Complex Development at Riverside South Takes Shape over Decades
Adding Amenities for the Community


by Tom Stabile
August 2005

In addition to the popular riverfront park, Hudson Waterfront has contributed other public amenities under its development agreements, such as its commitment to reserve 12 percent of the site for affordable housing. It also had to pay for part of a major renovation of the 72nd Street subway station, completed by the Metropolitan Transportation Authority and New York City in 2003. And it reserved space on the tract for a 600-seat elementary school and an easement for a trolley line.

Another large contribution may be land for the anticipated relocation of part of the West Side Highway known as DiMaggio Highway. The planning corporation's original vision for Riverside South calls for moving the elevated lanes that bisect the site, putting some underneath Riverside Boulevard and other parts at grade or in a trench.

Though the federal government approved design and engineering funds for the relocation in 1991, construction began not long after on a separate project to rehabilitate the existing roadway. U.S. Rep. Jerrold Nadler, a Democrat who represents the area, has led an effort to withhold federal construction funding for the relocation. Nadler has said publicly that the relocation would waste the investment in the repairs to the elevated structure, whose useful life is estimated to run through at least 2010.

Trump, meanwhile, has long attributed Nadler's opposition to an effort to kill the entire Riverside South development by leaving the elevated highway in the sightline of the residential towers.

The stalemate has left the $200 million relocation on hold, even though the city and state completed an environmental impact statement for it in 2001 using the available federal funds. It has also required careful construction planning.

"A major part of what we're trying to do is to make sure that Riverside South is being built in a way that future elements won't have to be removed," said Bradley, whose organization calls the highway relocation a benefit to the park.

The development still can fit the relocation, Davis said. The completed portion of Riverside Boulevard is atop 30 ft. of fill placed over 250-ft.-wide concrete platform sections set on piles. Platform segments planned for the next towers will feature a tunnel instead of fill.

"That tunnel is obviously intended for use in the future for the northbound highway lanes," Davis said. "That is being designed and will be constructed with the next building."

Bradley and Davis say the city or state would have to pay for any costs of reconstructing the roadway now built on fill should the relocation require it.


© 2005 The McGraw-Hill Companies, Inc.

[BrooklynRider]

$2.5M? That won't buy you a 30 foot curb.

[ZippyTheChimp]

And $200 million? That won't get it done.

The entire transportation bill is under pressure now, since Katrina.

[TLOZ Link5]

Just out of curiosity, has the final design for the entire Trump Place site been finalized, or are individual buildings still being drawn up?

[ablarc]

^ Does it matter? It'll look like the rest of it, which is fine. Kondylis doing lukewarm deco. Better than that stuff behind that looks like the projects.

[lofter1]

Folks in Phoenix are fighting mad over Trump's planned development there:

http://www.protectphoenix.com/

http://p-oed.com/images/stories/arizona_republic_bensons_view.gif


150-foot-tall tower is boon for Trump, not for neighbors

Sept. 21, 2005 12:00 AM

So it comes down to this. The Phoenix City Council will decide tonight whether to change the rules so a New York multimillionaire developer/TV star can build a 150-foot-tall hotel-condo tower in an area where buildings are supposed to be roughly a third that size.

Never mind that the developer/TV star, a guy named Trump, staked out the site last year knowing it was zoned for only 56 feet.

Never mind that the citizens committee that vets projects for this part of town turned it down. Or that the city's own plan for the area doesn't allow it.


Never mind that the residents of the area don't want to stare up at a 150-foot hotel-condo tower, even one named Trump.

Last week, the Planning Commission voted unanimously to give Donald Trump what he wants. And tonight an army of silk-suited, sweet-talking Trump lobbyists will descend on the City Council, determined to push their $200 million project onto the corner of 26th Street and Camelback Road.

Why, I wonder, is this even an issue?

"Maybe it's because some developers, whoever they are, are not real good at being told no," said Greg Hintze.

For 21 years, he's lived on Pierson Street, just south of the spot where Trump wants to build his tower. It's a sturdy middle-class neighborhood filled with people like Hintze, who grew up in the area and decided to stay. People like Gladys Jurgemeyer, who has lived on Pierson since 1956.

People who would logically tell you that no city would do this to a neighborhood. But then they look up at the black-mirrored boxes called the Esplanade, which loom over the houses just a few doors down.

"It's sad, it really is," says Jurgemeyer, who will lose every shred of privacy when Trump plops his tower behind her house.

Advocates for this project, mostly those who live a distance from it or those who will make a pretty buck off of it, say Trump's tower will be a boon to the area. What they don't explain is why he can't stick to the plan.

Since 1991, the area has been governed by something imaginatively called the Camelback East Primary Core Specific Plan. It allows 140-foot buildings at 24th Street, with lower heights to the east and west. It's worked fairly well, given that the Biltmore remains the Valley's glitziest address. Then along comes Trump, and suddenly, the plan's no good. Suddenly, a corner that's supposed to be 56 feet cries out to be 150 feet so Trump can sell "expansive panoramic views of the city and the surrounding mountains."

The Camelback East Village Planning Committee said no. But city planners persist in wanting to give Trump 140 feet, and the Planning Commission last week upped it to 150. So it comes down to tonight.

There's no way of knowing what'll happen. Councilman Greg Stanton, who represents the area, says turning Camelback into a high-rise corridor will erode the delicate balance that makes this place special. Still, he doesn't object to Trump coming to the Camelback area. Neither does Hintze.

"I'm not anti-development," Hintze said. "But it should be reasoned change, not just because some guy with a bad haircut wants to change things."

Which is precisely the point. Trump can build here. Stanton says there are plenty of sites nearby where his 150-foot building would be welcome. Of course, I'm guessing such land sells for slightly more than land that's zoned at 56 feet. Which gets us to the only real reason for allowing a tower on top of Jurgemeyer and Hintze and the people of Pierson Street: so Team Trump can make a killing in the real estate market.

No, not a killing. A slaughter.

[ablarc]

Phoenix must be really flat.

[krulltime]

Building G is done. Do we assume "H" is next?

Yes. Extell is going to built a 34 stroy tower (271 Condominiums) on site 'H'. At least thats the plan... before they flip the land again.. if thats the other plan.

[krulltime]

And $200 million? That won't get it done.

The entire transportation bill is under pressure now, since Katrina.

Here are more news about the Highway... From livablenewyork.


Give Back This Westside Pork!


$6 million of pure NY Westside pork was inserted into the SAFETEALU (Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy For Users), NY. Item # 370-ll, "Relocating Miller Highway W. 59th-72 St. Manhattan under future expansion of Riverside Park NY' . It is part of the 2005 Federal Highway bill.

How did this happen?

From the AP , 3/14/05: "...The House highway spending includes a provision for $2.5 million in road construction that would boost Trump's long-held goal of burying part of the West Side Highway near W. 61st St. It would help complete construction of a steel frame underneath Riverside Boulevard around W. 61st St. to later accommodate the lowering part of the West Side Highway. Moving the highway below ground would cost hundreds of millions of dollars. ..The money was put in the bill by Rep. Sue Kelly, (Katonah, R-NY). It is unusual for a member of Congress to push for a spending provision outside their own district. " [The amount was reduced to $2 million in the final bill.]

Then, incredibly, Senators Hillary Clinton and Charles Schumer sweetened the pot by adding $4 million to the SAFETEALU bill - although urged by constituents not to include such a blatant example of "pork" for Donald Trump in the Senate Highway bill. Total Pork is $6 million!

What Is the $6 million Really For?

In August 2005, Coalition asked the NYS Dept. of Transportation (NYSDOT), for specific information on how the $6 million in SAFETEA-LU funds [ "Relocating Miller Highway W. 59th-72 St. Manhattan under future expansion of Riverside Park"] was going to be used.

We quote from the unbelievably convoluted Aug. 23rd reply from a NYSDOT Staff Director. We defy anyone to explain what it actually means. (Coalition's comments are footnoted after the quote.)

"The project consists of design of a concrete tunnel from W. 63rd Street to W. 65th Street in the northbound and southbound direction, 1The project is being progressed and designed in the northbound direction by the Donald Trump Organization.2 Plans submitted by the Trump Organization for review by the New York State Department of Transportation in 2004 for concrete tunnels between West 64th to West 65th Street in the northbound direction, near Trump's buildings, 3 - another developer will design the tunnel from West 63rd Street to West 64th Street in the northbound direction,4 The tunnels in the southbound direction will either be constructed by the city or state,5 Donald Trump will progress his portion of the project in the near future; the city and the state have not made a commitment for a construction date for the southbound tunnel. "6

Coalition's comments:

1. The 'tunnel' would be built beneath a portion of Riverside Boulevard but that Boulevard portion has not yet been built.

2. What in the world does "progressed" mean? According to a spokesman for Hudson Waterfront Associates, Trump has "never made a decision of consequence " for the Riverside South project in the last 11 years. (See page 3)

3. Does this mean only half a tunnel would be built? Extell, the new owner, has begun construction on the W. 64th-W. 65th St. building and must build Riverside Blvd. on a structure - why should taxpayers pay for it?

4. Why plan to build half a tunnel? And has the new developer, Extell, agreed to build any portion of a tunnel?

5. Really? Who in the City and State have agreed to that? Show us where the hundreds of millions of dollars necessary to move the highway will come from!

6. No money, and no commitment from City or State for Southbound tunnel. Trump will "progress" what?

Finally, the "concrete tunnel" is actually the base for a extension of Riverside Boulevard - but this is an obligation of the developer.

And how do you build a tunnel piecemeal and in two sections - one northbound and the other southbound?

What can YOU do about this transparent and blatant Pork for a private developer?

Call Senator Charles Schumer [202-224-6542 ] and Senator Hillary Clinton [202-224-4451]. Call please because we have discovered that faxes and e-mails do not produce responses. Tell them to give the $4 million in PORK back - refer to New York State. Item # 370:. Also Call Rep. Sue Kelly [202-225-5441] and ask her to give back her $2 million in PORK [Item # 370: ]. Sen. McCain and others have urged the giving back of Pork items in the Highway Bill to help pay for Hurricane Relief efforts in Louisiana and Mississippi. What a marvelous use for this obscene piece of pork!

[krulltime]

And $200 million? That won't get it done.

The entire transportation bill is under pressure now, since Katrina.

Here are more news about the Highway... From livablenewyork. :rolleyes:



Give Back This Westside Pork!


$6 million of pure NY Westside pork was inserted into the SAFETEALU (Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy For Users), NY. Item # 370-ll, "Relocating Miller Highway W. 59th-72 St. Manhattan under future expansion of Riverside Park NY' . It is part of the 2005 Federal Highway bill.

How did this happen?

From the AP , 3/14/05: "...The House highway spending includes a provision for $2.5 million in road construction that would boost Trump's long-held goal of burying part of the West Side Highway near W. 61st St. It would help complete construction of a steel frame underneath Riverside Boulevard around W. 61st St. to later accommodate the lowering part of the West Side Highway. Moving the highway below ground would cost hundreds of millions of dollars. ..The money was put in the bill by Rep. Sue Kelly, (Katonah, R-NY). It is unusual for a member of Congress to push for a spending provision outside their own district. " [The amount was reduced to $2 million in the final bill.]

Then, incredibly, Senators Hillary Clinton and Charles Schumer sweetened the pot by adding $4 million to the SAFETEALU bill - although urged by constituents not to include such a blatant example of "pork" for Donald Trump in the Senate Highway bill. Total Pork is $6 million!

What Is the $6 million Really For?

In August 2005, Coalition asked the NYS Dept. of Transportation (NYSDOT), for specific information on how the $6 million in SAFETEA-LU funds [ "Relocating Miller Highway W. 59th-72 St. Manhattan under future expansion of Riverside Park"] was going to be used.

We quote from the unbelievably convoluted Aug. 23rd reply from a NYSDOT Staff Director. We defy anyone to explain what it actually means. (Coalition's comments are footnoted after the quote.)

"The project consists of design of a concrete tunnel from W. 63rd Street to W. 65th Street in the northbound and southbound direction, 1The project is being progressed and designed in the northbound direction by the Donald Trump Organization.2 Plans submitted by the Trump Organization for review by the New York State Department of Transportation in 2004 for concrete tunnels between West 64th to West 65th Street in the northbound direction, near Trump's buildings, 3 - another developer will design the tunnel from West 63rd Street to West 64th Street in the northbound direction,4 The tunnels in the southbound direction will either be constructed by the city or state,5 Donald Trump will progress his portion of the project in the near future; the city and the state have not made a commitment for a construction date for the southbound tunnel. "6

Coalition's comments:

1. The 'tunnel' would be built beneath a portion of Riverside Boulevard but that Boulevard portion has not yet been built.

2. What in the world does "progressed" mean? According to a spokesman for Hudson Waterfront Associates, Trump has "never made a decision of consequence " for the Riverside South project in the last 11 years. (See page 3)

3. Does this mean only half a tunnel would be built? Extell, the new owner, has begun construction on the W. 64th-W. 65th St. building and must build Riverside Blvd. on a structure - why should taxpayers pay for it?

4. Why plan to build half a tunnel? And has the new developer, Extell, agreed to build any portion of a tunnel?

5. Really? Who in the City and State have agreed to that? Show us where the hundreds of millions of dollars necessary to move the highway will come from!

6. No money, and no commitment from City or State for Southbound tunnel. Trump will "progress" what?

Finally, the "concrete tunnel" is actually the base for a extension of Riverside Boulevard - but this is an obligation of the developer.

And how do you build a tunnel piecemeal and in two sections - one northbound and the other southbound?

What can YOU do about this transparent and blatant Pork for a private developer?

Call Senator Charles Schumer [202-224-6542 ] and Senator Hillary Clinton [202-224-4451]. Call please because we have discovered that faxes and e-mails do not produce responses. Tell them to give the $4 million in PORK back - refer to New York State. Item # 370:. Also Call Rep. Sue Kelly [202-225-5441] and ask her to give back her $2 million in PORK [Item # 370: ]. Sen. McCain and others have urged the giving back of Pork items in the Highway Bill to help pay for Hurricane Relief efforts in Louisiana and Mississippi. What a marvelous use for this obscene piece of pork!

[krulltime]

EQR Closes on $809M Upper West Side Buy


By Barbara Jarvie
November 4, 2005

NEW YORK CITY-Equity Residential Properties Trust has closed on its acquisition of Trump Place on Riverside Boulevard on the Upper West Side. The purchase price, after closing adjustments, was approximately $809 million, which equates to approximately $580,000 per apartment unit or $723 per sf of rentable apartment space.

This transaction was part of a larger deal in which the Carlyle Group and Extell Development Co. simultaneously purchased a tract of developable land directly to the south of Trump Place from a consortium of Hong Kong investors and Donald J. Trump for just under $1.8 billion.

The properties, which were constructed between 1998 and 2003, consist of 1,325 apartment units totaling approximately 1.1 million sf, 40,000 sf of retail and 424 parking spaces. Equity anticipates that the initial capitalization rate on this acquisition, based on 2006 projections, will be 4.5%. The acquisition is being financed primarily through the proceeds of asset sales as well as the company's $1.6-billion credit facilities.

David J. Neithercut, Equity Residential's president, says the Chicago-based REIT intends to operate all three buildings as rental properties “while keeping our eye on the opportunities that arise." This deal adds to Equity’s portfolio here, which now totals more than 5,000 units. In August 2004, Equity acquired its first asset here with the $93.1-million buy of Hudson Crossing. The REIT subsequently purchased the Lower Manhattan landmark 71 Broadway for approximately $100 million.


Copyright © 2005 Real Estate Media.

[finnman69]

Building G is done. Do we assume "H" is next?
Edward's photo from the previous page - Aug. 2005:




They just started TODAY cleaning out rubble from the site between 64th and 65th street. 4 backhoes and bulldozers on the site now. Tons of large boulders and rubble to be moved.

[krulltime]

Oh I am glad. I was getting king of worry... This whole development is taking too long. I just want to see that new promise park built aswell.

[vc10]

Will W. 64th St be extended through to Riverside Blvd? Is there a map of the new street plan anywhere on the web?


They just started TODAY cleaning out rubble from the site between 64th and 65th street. 4 backhoes and bulldozers on the site now. Tons of large boulders and rubble to be moved.

[lofter1]

Yep - at least according to this map:

http://www.wirednewyork.com/forum/showpost.php?p=65043&postcount=226

http://i.pbase.com/v3/55/435155/1/49190541.Extell.JPG

[LeCom]

^ That's a massive potential lineup.

[lofter1]

http://www.curbed.com/archives/categories/real_estate_brokers.php

BREAKING: Corcoran v. Trump, for Control of Western Civilization as We Know It

http://www.curbed.com/archives/2005_12_trumpcorcoran.jpg

A Curbed tipster alerts us to a story so monumental, we're lying prostrate on the floor as we cut and paste these words:
Case filed in New York Supreme Court, New York County, yesterday:
Barbara Corcoran; et al. v. Donald J. Trump
12/13/2005 05-604347
Breach of a Commission Agreement due to defendant's failure to pay plaintiffs commissions earned for their assistance in the October 2005 sale of the residential apartments known as Penn
Yards, Riverside South, and Trump Place. $1.25 million. Richard Seltzer. Kaye Scholer.
A mere $1.25 million in court, but bragging rights for a lifetime. DEVELOPING...

[krulltime]

Yet the Trump Saga continues....


BETWEEN THE BRICKS


By LOIS WEISS
December 14, 2005

Discovery has begun in the ongoing breech-of-fiduciary-duty court battle between Donald J. Trump and his Chinese partners over the sale of the West Side land and buildings at Trump Place for $1.753 billion — a number he claims is far too low.

Transcripts we reviewed show State Supreme Court Justice Richard Lowe lifted a stay, and Trump's attorney Mark Kasowitz is proceeding with discovery of the facts surrounding the sale to Gary Barnett's Extell Development and The Carlyle Group.

Those two flipped a contract to buy three rental buildings to Equity Residential Properties.

While city deed prices added up to $816 million, Equity reported $809 million to Wall Street.

The garages and a retail condo were sold to others for $18.3 million.

Barnett has been trying to re-sell most of the development sites for which they paid just over $919 million.

Subpoenas were issued to losing bidders at the Related Cos. and Vornado Realty Trust, as well as Trump's Asian-based partners, who include some of the richest men in the world: Vincent Lo, Charles Yeung, Edward Wong and David Chiu.

They are fighting jurisdiction.

The sale allegedly was orchestrated by another wealthy limited partner, Henry Cheng, who will likely be deposed.

A lawyer for some of the Chinese, Jonathan Lerner of Skadden Arps, said, "The judge heard arguments from both sides on the motions to dismiss Trump's case. We believe the argument went well for us and are hopeful that Trump's case will be dismissed."

Trump claims in court documents that the Hong Kong-based group ignored bona fide offers of more than $3 billion and never widely marketed the properties.

Trump could not be reached for comment, but friends said he was pleased the court took his claims seriously.


Copyright 2005 NYP Holdings, Inc.

[lofter1]

Looks like Trump could get a new tv show out of this:

"TRUMP: The Deposition"

It would have to be a mini-series at least, if not a full 22 episodes.

[krulltime]

Extell retaining Riverside
Owner will develop vacant Riverside South parcels; may seek zoning change


By Julie Satow
Published on December 19, 2005

In a change of plans, Extell Development Corp. will develop all vacant parcels at Riverside South, the 77-acre property it bought in June from Donald Trump and a consortium of Hong Kong investors.

Extell had been quietly shopping parcels with a total of 2.4 million square feet of developable square feet.

"We received plenty of good offers, but why have someone else do it when we can do it ourselves?" asks Raizy Haas, a senior vice president at Extell.


Revised plan

Extell sold the three rental buildings at Riverside South, which runs from West 59th to West 72nd streets on the West Side Highway, to Equity Residential for $816 million. Extell's intention was to build condominiums on the plots between West 61 and West 65 streets. It is now also likely to build on the remaining parcels, for a total of 570,000 square feet of condominiums.

The company may seek to rezone a southeastern area of the site that is now zoned for commercial development.


Trump history

Mr. Trump bought Riverside South in 1985 for $100 million. After a plan to build Television City, a 16.5 million-square-foot development for NBC, fell apart amid stiff community opposition, he decided to put up residential buildings, commercial space and a waterfront park at the site. But in 1994, with his empire in financial turmoil, Mr. Trump sold 70% of his interest to a group of investors from Hong Kong.

Extell paid $1.76 billion for the site with the help of its financial partner, the Carlyle Group of Washington.

Early this summer, Mr. Trump attempted to block the Chinese group, known as Hudson Waterfront Associates, from reinvesting the proceeds of the sale. Last month, an appellate court in Manhattan denied Mr. Trump's preliminary injunction, making way for Hudson Waterfront to purchase the Bank of America building in San Francisco for $1.05 billion.


©2005 Crain Communications Inc.

[krulltime]

Can we change the name of this thread to 'Riverside South Development' or something similar?

This is not a Trump development anymore.

[pianoman11686]

Extell retaining Riverside
Owner will develop vacant Riverside South parcels; may seek zoning change

Extell's intention was to build condominiums on the plots between West 61 and West 65 streets. It is now also likely to build on the remaining parcels, for a total of 570,000 square feet of condominiums.

That doesn't sound very promising. Moinian is planning around 1.5 million square feet of residential within a couple square blocks of 42nd & 10th. Get ready for more buildings in the blah tradition of Trump Place.

[krulltime]

From the Real Deal...


Extell this fall began construction on 100 Riverside, a building on the former Trump property. Extell plans to create a total of about 600 units in two buildings on the property in the near future.

"The first building will have a lot of one- and two-bedroom units," Barnett said. "The second building, which will be magnificent, is a 41-story twin tower building with a mix of larger, family-sized units."

So they are actually building two towers in that one lot.

[pianoman11686]

A website has been put up for one of the new Extell buildings: Avery Riverside (http://www.averyriverside.com) No renderings yet, though.

I found it on a full page ad in the Economist. I take it they'll be advertising in other publications soon.

[finnman69]

a pile driver flipped over turtle on it's side. Stopped construction today. They have put in quote a few piles and started the concrete box foundations to support the tunnel/foundation walls.

[finnman69]

http://www.averyriverside.com/

rendering looks interesting

[Derek2k3]

Here are renderings of 80 Riverside Boulevard.
http://andys-amazing.blogspot.com/2006/02/my-finest-hour.html#comments

80 Riverside Boulevard
Riverside Boulevard btwn. W. 64th and W. 63rd St/ 900 Riverside Drive South
Riverside South Building I
41/43 stories 485 feet
Costas Kondylis & Partners
Dev-Extell Development Corporation
Residential Condominiums
289 units 429,140 Sq. Ft. (DOB: 650,330 Sq. Ft.)
Proposed


I've been wondering, at what height does a twin towered building with a shared base count as two buildings? Many consider Time Warner Center as 2 towers but many other twins similar to the one posted above are not.

[Edward]

Trump Place (http://www.wirednewyork.com/trump_place/). 31 December 2006.

http://farm1.static.flickr.com/123/351172352_57fe3c058b_o.jpg (http://www.flickr.com/photos/sudentas/sets/72157594321543729/)

[antinimby]

Too much brick and stone and not enough variation.

A couple of all-glass towers mixed in here and there would have given it the variety it desperately needed (sort of like what the WFC does for BPC).

Whaddya think, ablarc?

[ablarc]

I've always liked this project and am puzzled by the negative comments directed towards it. I find the buildings mostly handsome and sober --no worse than West End Avenue, also handsome and sober.

Improvement might lie in street-level retail more than in glass interlopers; Ariel East and West don't do much to beautify their surroundings. It's OK to be sober as long as you're not banal.

[macreator]

The unnatural height progession is what irks me the most about this project.

[ablarc]

unnatural height progession
Can you elaborate?

[macreator]

Can you elaborate?

The way the line of buildings goes from tallest (left, north) to shortest (right, south) just seems a little too artificial for me. I prefer a mix of peaks and valleys. Just a matter of preference.

[ablarc]

^ Do you think that's a conscious aesthetic intention or is it an effect of zoning?

[Fabrizio]

Compare this group, to the mish-mash going up along 42nd street.

Some smaller buildings in the mix would look nice.... these buildings all have bases that stretch a block... but overall I agree with ablarc... looksfine.

[lofter1]

The newest buildings going up to the south will create another tall peak at that end ...

No doubt the residents of Lincoln Towers (one block inland above 66th Street from these newer buildings) take some solace that the buildings are less tall along the center.

[MidtownGuy]

At least these look a thousand times better than what is piling up around West 42nd, a bunch of buildings that look worse than most projects or commie blocks yet have unit prices in the stratosphere. It's infuriating that despite a few new parks and a couple stand-out developments, New York on the whole is getting UGLIER with these new buildings. I'll take a parking lot anyday, if it leaves open the potential for something ACCEPTABLE in the future.

[krulltime]

There is a rumor in the neighborhood that The ABC complex (which is right behind the smallest building) is in talks about selling some of their property for residential and comercial use (Air rights?). They will also built something on their own land aswell. So maybe something much bigger will loom on top of the samallest 'Trump' building.

[stache]

ABC is a real estate empire posing as a media company.

[lofter1]

When the ABC TV studio at 320 W. 66th went up in the early 80's this area was at the edge of a wasteland -- considering what has happened in the area since ABC is now sitting on a goldmine. The older ABC building on the corner of 66th / WEA has a lot of ABC support services and used to house ABC radio.

It would seem that the older corner lot building would be the more logical one to come down -- transfer air rights from the TV studio building to that lot and something big could go up there. A building there would have protected views to the east (an MTA substation is just across WEA, with a school at the east end of that block) and to the west (above & across the ABC TV Studio and the lowest of the new Trump Buildings); to the north are the comparatively low buildings of Lincoln Towers.

[BigMac]

PamelaVWhite on Flickr
September 29, 2007

Larger Size (http://farm2.static.flickr.com/1322/1460498679_3526254cd7_o.jpg)

http://farm2.static.flickr.com/1322/1460498679_6cdb52cca8.jpg

[lofter1]

Could have been so much better ^^^

[ablarc]

^ Shoulda had ground floor commercial; density is high enough.

Woulda filled up with mom'n'pops coz the rent woulda been low.

[lofter1]

There are retail slots on the opposite side ("Freedom Place" ) that have been sitting empty for years.

[ablarc]

^ Shows you the rent's too high.

If the rent were 10 cents per month, would they be empty.

Somewhere there's a reasonable rent that's more than the present $0.00.

You can't get chain store rents here; you have to go for mom'n'pops. We all love mon'n'pops, right? Hairdressers, delis, little restaurants, used furniture and clothes. Could make an antique store district here --like the ones in quiet parts of Paris.

[Citytect]

This is an honest question. Do people actually open Mom and Pop stores in Manhattan anymore? There are many old ones still around, but I've rarely noticed new ones opening, even in the more out-of-the-way neighborhoods. It's probably too risky.

I bet if independent stores opened in Trump Place and were successful, the chains would take notice and start to move in, driving rent up, and pushing the independents out. Sadly, most people living in Manhattan today seem to be satisfied with their chain establishments - or more accurately, they're satisfied with nothing but chain establishments.

[ablarc]

Used book stores, theatrical outfits, stamps and coins, musical instruments, thrift shops, antique furniture, salvage from old buildings, fine old furniture, fancy plumbing fixtures, baked goods.

[Citytect]

Do you have specific examples? Are any of these in new development?

[ablarc]

Are any of these in new development?
What does it matter? Modest revenue is better than no revenue.

[lofter1]

All those uses mentioned by ablarc would certainly help to enliven this area. With little to no street level retail you have few if any of the meaderings that make an area a neighborhood -- a place where people dash out to get something at the corner store and run into someone, or go shopping for a birthday present and find an old friend doing the same.

Otherwise you just have buildings and sidewalks and parking places. It's the interactions that make it a neighborhood.

[Citytect]

What does it matter? Modest revenue is better than no revenue.

I doubt the developers are hurting for the revenue. They would probably prefer to wait for someone capable of paying the higher rent price and signing a longer lease.

I think your idea is wonderful and would love to see it happen, but I also think its not realistic right now. Unless you get the city to offer small-businesses incentive to move there or something like that. Maybe some political pressure on the developer to fill the space. It will take something more than just a good idea to change the way these guys think.

[macreator]

I doubt the developers are hurting for the revenue. They would probably prefer to wait for someone capable of paying the higher rent price and signing a longer lease.


That's the real problem. The developers have no real incentive to fill the space. They can wait until the cows come home for a Chase or Duane Reade to fill the space and grab a longterm lease.

[ablarc]

That's the real problem. The developers have no real incentive to fill the space. They can wait until the cows come home for a Chase or Duane Reade to fill the space and grab a longterm lease.
^ Too much patience, not enough greed for immediate gratification?