Chapter 5: Open Space
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Leseprobe 9783791384900.Pdf
NYC Walks — Guide to New Architecture JOHN HILL PHOTOGRAPHY BY PAVEL BENDOV Prestel Munich — London — New York BRONX 7 Columbia University and Barnard College 6 Columbus Circle QUEENS to Lincoln Center 5 57th Street, 10 River to River East River MANHATTAN by Ferry 3 High Line and Its Environs 4 Bowery Changing 2 West Side Living 8 Brooklyn 9 1 Bridge Park Car-free G Train Tour Lower Manhattan of Brooklyn BROOKLYN Contents 16 Introduction 21 1. Car-free Lower Manhattan 49 2. West Side Living 69 3. High Line and Its Environs 91 4. Bowery Changing 109 5. 57th Street, River to River QUEENS 125 6. Columbus Circle to Lincoln Center 143 7. Columbia University and Barnard College 161 8. Brooklyn Bridge Park 177 9. G Train Tour of Brooklyn 195 10. East River by Ferry 211 20 More Places to See 217 Acknowledgments BROOKLYN 2 West Side Living 2.75 MILES / 4.4 KM This tour starts at the southwest corner of Leonard and Church Streets in Tribeca and ends in the West Village overlooking a remnant of the elevated railway that was transformed into the High Line. Early last century, industrial piers stretched up the Hudson River from the Battery to the Upper West Side. Most respectable New Yorkers shied away from the working waterfront and therefore lived toward the middle of the island. But in today’s postindustrial Manhattan, the West Side is a highly desirable—and expensive— place, home to residential developments catering to the well-to-do who want to live close to the waterfront and its now recreational piers. -
Development News Highlights MANHATTAN - MID-2ND QUARTER 2019 PLUS an OUTER BOROUGH SNAPSHOT
Development News Highlights MANHATTAN - MID-2ND QUARTER 2019 PLUS AN OUTER BOROUGH SNAPSHOT Pictured: 315 Meserole Street Looking Ahead U.S. Treasury Releases Additional Opportunity Zones Guidelines On April 17th the U.S. Department of the Treasury issued a highly anticipated second set of proposed regulations related to the new Opportunity Zone (OZ) tax incentive. Created by the 2017 Tax Cuts and Jobs Act, the tax benefi t is designed to drive economic development and create jobs by encouraging long-term investments in economically distressed communities nationwide according to the Treasury department’s press release. The latest 169-page release reportedly delivered guidance in a broader range of areas than many expected, hoping to provide investors who have been on the fence with the clarity needed to begin developing projects in distressed areas nationwide. Some government offi cials anticipate the program could spur $100 billion in new investment into the more than 8,762 zones nationwide, of which 306 are located in New York City; however there exist some concerns among critics that the program will incentivize gentrifi cation, or provide added benefi t to developers for projects they would have been pursued anyway. According to the press release by the Internal Revenue Service (IRS), a key part of the newly released guidance clarifi es the “substantially all” requirements for the holding period and use of the tangible business property: • For use of the property, at least 70% of the property must be used in a qualifi ed OZ. • For the holding period of the property, tangible property must be qualifi ed opportunity zone business property for at least 90% of the Qualifi ed Opportunity Fund’s (QOF) or qualifi ed OZ business’s holding period. -
Listed Exhibitions (PDF)
G A G O S I A N G A L L E R Y Alexander Calder Biography Born in 1898, Lawnton, PA. Died in 1976, New York, NY. Education: 1926 Académie de la Grande Chaumière, Paris, France. 1923–25 Art Students League, New York, NY. 1919 B.S., Mechanical Engineering, Stevens Institute of Technology, Hoboken, NJ. Solo Exhibitions: 2015 Alexander Calder: Imagining the Universe. Sotheby’s S|2, Hong Kong. Calder: Lightness. Pulitzer Arts Foundation, Saint Louis, MO. Calder: Discipline of the Dance. Museo Jumex, Mexico City, Mexico. Alexander Calder: Multum in Parvo. Dominique Levy, New York, NY. Alexander Calder: Primary Motions. Dominique Levy, London, England. 2014 Alexander Calder. Fondation Beyeler, Basel. Switzerland. Alexander Calder: Gouaches. Gagosian Gallery, Davies Street, London, England. Alexander Calder: Gouaches. Gagosian Gallery, 980 Madison Avenue, New York, NY. Alexander Calder in the Rijksmuseum Summer Sculpture Garden. Rijksmuseum, Amsterdam, Netherlands. 2013 Calder and Abstraction: From Avant-Garde to Iconic. Los Angeles County Museum of Art, Los Angeles, CA. 2011 Alexander Calder. Gagosian Gallery, Davies Street, London, England. 2010 Alexander Calder. Gagosian Gallery, W. 21st Street, New York, NY. 2009 Monumental Sculpture. Gagosian Gallery, Rome, Italy. 2005 Monumental Sculpture. Gagosian Gallery, W. 24th Street, New York, NY. Alexander Calder 60’s-70’s. GióMarconi, Milan, Italy. Calder: The Forties. Thomas Dane, London, England. 2004 Calder/Miró. Foundation Beyeler, Riehen, Switzerland. Traveled to: Phillips Collection, Washington, D.C. (through 2005). Calder: Sculpture and Works on Paper. Elin Eagles-Smith Gallery, San Francisco, CA. 590 Madison Avenue, New York, NY. 2003 Calder. Gagosian Gallery, Los Angeles, CA. Calder: Gravity and Grace. -
Fall Hospitality Report Manhattan 2015
FALL HOSPITALITY REPORT (2015) MANHATTAN FALL HOSPITALITY REPORT MANHATTAN 2015 1 | P a g e FALL HOSPITALITY REPORT (2015) MANHATTAN EXECUTIVE SUMMARY According to the Starr report, Manhattan’s hotel sector has been growing by over 4.0 % since 2010 both by ADR and number of rooms. The demand still far exceeds supply especially for 5 star brands. Early in the hotel recovery in 2011, three star brands grew in number of rooms and ADR initially. As the recovery went into full swing by late 2013, four and five star hotel development continued to outpace three star hotel growth. Global investors are seeking five star hotel product in Manhattan and at $1.0 million up to $2.0 million per key. For instance, Chinese investors bought the Waldorf Astoria and the Baccarat Hotels both at substantially above $1.0 million per key. Manhattan is one of the best hotel markets in the world between growing tourism and inexpensive accommodations compared to other global gateway cities like London, Paris, Moscow, Hong Kong, etc. Any established global hotel brand also requires a presence in Manhattan. In 2014 alone, 4,348 keys were added to Manhattan’s existing 108,592 rooms. Currently, another 14,272 rooms are under construction in the city and about 4000 keys (1/3) are for boutique hotels. As of July 2015, the Manhattan market has approximately 118,000 keys. They are segmented as follows: Currently, there is a 4.0% annual compounded growth rate. Despite this growth, demand for hotel rooms from tourism, conventions, cultural events, and corporate use continues to grow as Manhattan is one of the most desirable locations for all of the above uses especially tourism from Asia and Europe. -
New York Branch Other Regulatory Disclosures
New York Branch Other Regulatory Disclosures April 2019 CIP (Customer Identification Program) Notice In order to comply with existing regulations to combat terrorist financing and money laundering activities, the regulations require all financial institutions to obtain, verify and record information that identifies each person who establishes an account or any other financial relationship with such institution. What this means for you: When you open an account or any other financial relationship with BRADESCO S.A. NEW YORK BRANCH, when an individual request to open an account, we will ask the name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your national ID, Passport, Driver’s License or other valid government issued ID that allow us to perform a verification of the identity of the person. For entities we will request documentation to prove the legal existence, ownership structure, information about the persons authorized to represent the entity as account-holder, the entity’s registration number, tax identity number (TIN) and/or registration number assigned by the registrar of companies or similar government agency where the incorporation documents were filed. We will also ask you for the names of all authorized signatories, attorneys-in- fact, officers and directors of the legal entity opening accounts and for significant beneficial owners of the legal entity account-holders (generally, all those with direct or indirect ownership interest of at least 10%). In some cases, we may request identification documents of persons or legal entities that are already customers of BRADESCO S.A. -
Arnold Fisher Senior Partner, Fisher Brothers Honorary Chairman, Intrepid Fallen Heroes Fund
Arnold Fisher Senior Partner, Fisher Brothers Honorary Chairman, Intrepid Fallen Heroes Fund Arnold Fisher is a Senior Partner at Fisher Brothers, one of the city’s largest and most respected real estate firms. Among his contributions to the New York City skyline have been such signature buildings as 299 Park Avenue, 605 Third Avenue, 1345 Avenue of the Americas, Park Avenue Plaza, Imperial House and 50 Sutton Place South. Arnold became Chairman of the Board of the Intrepid Air, Sea and Space Museum Foundation in May 2003 and served through December 2006. Centered around the historic aircraft carrier Intrepid, the Foundation educates 700,000 annual visitors about sea, air and space history and technology. The Foundation serves as a monument for all who have served in our nation’s defense. He also spearheaded the efforts of the Intrepid Fallen Heroes Fund (IFHF), which provided financial support for spouses and children of fallen U.S. service members. The Fund changed direction and constructed The Center for the Intrepid, a state-of-the-art physical rehabilitation center at Brooke Army Medical Center in San Antonio, Texas, which opened in January, 2007. Arnold also led the construction of the National Intrepid Center of Excellence, in Bethesda, Maryland, which opened in June, 2010. NICoE is a 72,000 square foot, two-story facility located on the Navy campus in Bethesda, Maryland, adjacent to the new Walter Reed National Military Medical Center. NICoE is designed to provide the most advanced diagnostics, initial treatment plan and family education, introduction to therapeutic modalities, referral and reintegration support for military personnel and veterans with traumatic brain injury (TBI), post-traumatic stress (PTS) and complex psychological health issues. -
Fisher Brothers Holds “Night on Park Avenue” Event at 299 Park Avenue
FISHER BROTHERS HOLDS “NIGHT ON PARK AVENUE” EVENT AT 299 PARK AVENUE New York, NY (October 4, 2017) –– Fisher Brothers hosted more than 300 of New York City’s top brokers for its Night on Park Avenue event at 299 Park Avenue on September 13. The event showcased the iconic 42-story Plaza District tower, which is set to undergo a renovation starting in early 2018. During his remarks, Fisher Brothers Partner Winston Fisher noted that the firm’s work on 299 Park Avenue will be the final piece of an ambitious $165 million program to reimagine and modernize its entire 5.5 million square foot Manhattan office portfolio. “Each of our buildings has undergone or is currently undergoing an extensive renovation that goes much deeper than a standard refresh,” said Mr. Fisher. “We’ve worked with top designers and architecture firms to totally transform the aesthetic of our buildings with updated entrances, more welcoming lobbies, and enlivened outdoor spaces.” Mr. Fisher told those in attendance that the 299 Park Avenue project will include a reimagined lobby with a high-end design and more open feel; a transformation of the entrance that will allow natural light to fill the lobby; and an illuminated plaza backed by a new exterior lighting system. “Working with David Rockwell and his team, we are reinventing the building with a sleek, stylish design that truly reflects its prestigious Park Avenue address,” said Mr. Fisher. Fisher Brothers has appointed Newmark Knight Frank as the exclusive leasing agent for 299 Park Avenue. In conjunction with the Fisher Brothers leasing team, Newmark Knight Frank is currently marketing over 341,000 rentable square feet of office space across four contiguous floors at the building. -
Chapter 5: Shadows
Chapter 5: Shadows A. INTRODUCTION This chapter presents the detailed shadow study that was conducted to determine whether the proposed One Vanderbilt development would cast any new shadows on sunlight-sensitive resources. Sunlight-sensitive resources can include parks, playgrounds, residential or office plazas, and other publicly accessible open spaces; sunlight-dependent features of historic resources; and important natural features such as water bodies. Since the preparation of the shadow analysis in the Draft Environmental Impact Statement (DEIS), the height of the proposed One Vanderbilt development was increased. The shadow analysis in this Final Environmental Impact Statement (FEIS) has been revised to reflect this change including Figures 5-1 to 5-22 and 5-27. PRINCIPAL CONCLUSIONS This analysis compared shadows that would be cast by the proposed One Vanderbilt development, which would be built to a floor area ratio (FAR) of 30, with those that would be cast by the 15 FAR building that would be developed absent the proposed actions (the 15 FAR No-Action building). As described below, the analysis concluded that the proposed 30 FAR One Vanderbilt development would cast new shadows on Bryant Park, the west windows of Grand Central Terminal’s main concourse and several other sunlight-sensitive resources. However, the new shadows would be limited in extent, duration and effects and would not result in any significant adverse shadow impacts, as demonstrated in detail below. B. DEFINITIONS AND METHODOLOGY This analysis has been prepared in accordance with CEQR procedures and follows the guidelines of the 2014 City Environmental Quality Review (CEQR) Technical Manual. DEFINITIONS Incremental shadow is the additional, or new, shadow that a structure resulting from a project would cast on a sunlight-sensitive resource. -
277 Park Ave-Marketing Booklet-FINAL.Indd
277 PARK AVENUE Where Excellence Connects With Modern Elegance 50 49 48 300,000 SF Available Spring 2021 47 CONTIGUOUS 46 73,252 RSF 45 Located between 47th and 48th Street, this Emery Roth + Sons designed building has been re-mastered by 24,580 RSF 44 award winning architect Bohlin Cywinski Jackson (“BCJ”). Owner occupied and under management of the 24,338 RSF 43 24,334 RSF 42 Stahl Organization, 277 Park Avenue is the corporate address to some of the world’s most successful companies CONTIGUOUS 41 including JPMorgan Chase, Sumitomo Mitsui Banking Corp, Visa, ANZ Bank and Agricultural Bank of China. 73,051 RSF 40 24,329 RSF 39 The building’s proximity to landmarks and transportation hubs such as Grand Central and Rockefeller Center 24,329 RSF 38 makes 277 Park Avenue optimally located for organizational success. 24,393 RSF 37 36 35 34 Under the guidance of Bohlin Cywinski Jackson, 277 Park Avenue is undergoing a +$100M Capital Improvement CONTIGUOUS 69,541 RSF 33 Program transforming Park Avenue: 23,235 RSF 32 23,158 RSF 31 » New expanded Park Avenue entry and lobby with 30’ ceilings heights 23,148 RSF 30 29 » New Park Avenue plaza with green space 28 » New ground level façade and entrance canopies 27 » 26 New destination dispatch elevators (including mechanical systems and cabs) CONTIGUOUS MECHANICAL 69,496 RSF 25 23,162 RSF 24 23,167 RSF 23 23,167 RSF 22 21 17 20 16 CONTIGUOUS 46,652 RSF 19 15 14 23,509 RSF 18 23,143 RSF 13 12 11 10 9 8 7 6 5 4 3 2 MECHANICAL Newly expanded Park Avenue entry and lobby with 30’ ceiling heights Re-mastered -
Commercial Mortgage Alert
JANUARY 29, 2016 CMBS Issuance Could Be Choppy This Year With regulatory changes looming and spreads blowing out, conduit shops expect 17 SECURITIZATION PROGRAMS an uneven pace of commercial MBS issuance this year. The sharp spike in spreads this month has caused a pullback in originations. 38 SCORECARD FOR CMBS SPREADS Lenders say that will lead to a slowdown in issuance when loan warehouses become 2 Calpers Taps Deutsche for $1 Billion depleted, probably around late March. Another lull is likely later in the year — perhaps starting in October or Novem- 2 Debt Sought on SF Apartment Portfolio ber — as issuers grapple with the December implementation of risk-retention regula- tions. Those rules have injected so much uncertainty that market pros widely expect 2 Latitude Seeks $500 Million for Fund lenders to slow originations. The reason: to avoid being stuck with warehoused loans 4 CMBS Prices Rise, Reversing Course if issuance is disrupted as the implications of risk retention are sorted out. By the same token, that anticipated late-year lull could in turn prompt a bor- 6 Banks Await Winner of Vegas Rentals rower stampede over the summer, with property owners rushing to close mortgages before lenders become more cautious. “People will want to hurry up and get in Mesa West, Allianz Write DC Loans 8 See ISSUANCE on Page 16 10 Group Advocates for Women in CMBS 12 Witkoff Eyes Refi of NY Office Condo As Ban Ends, S&P Moving to Revive Business S&P 12 Goldman, UBS Share Retail Loan wants to jump back into the conduit market with both feet. -
Chapter 2: Land Use, Zoning, and Public Policy
Chapter 2: Land Use, Zoning, and Public Policy A. INTRODUCTION This chapter examines the potential effects of the proposed 53 West 53rd Street project (the proposed project) on land use and development trends, its compatibility with surrounding land uses, and its consistency with zoning and relevant public policies. The project site is located in Midtown Manhattan on the block bounded by West 53rd and 54th Streets and Fifth and Sixth Avenues. The project site consists of a combined zoning lot comprising the development site (Lots 5, 6, 7, 8, 66, 69, 165, and a portion of Lot 58 on Block 1269) the American Folk Art Museum (Lot 9), the Museum of Modern Art (MoMA) (Lots 11, 12, 13, 20, 58), a residential high-rise building (Lot 7501), and St. Thomas Church (Lot 30). The development site is vacant. The proposed project would develop these seven vacant lots with a mixed-use building including museum, restaurant, hotel, and residential components. To construct the proposed building, the applicant is seeking a special permit to allow the transfer of development rights from the University Club at 1 West 54th Street to the development site and an additional special permit to modify certain bulk and other zoning requirements in connection with the use of excess development rights from St. Thomas Church. This chapter provides an assessment of the existing and future conditions with and without the proposed project within the ¼-mile land use study area surrounding the combined zoning lot. As described below, this analysis concludes that the proposed project would be consistent with the mixture of land uses found in the surrounding area. -
7. Urban Design and Visual Resources
East Midtown Rezoning and Related Actions FEIS 7. Urban Design and Visual Resources 7.1 INTRODUCTION This chapter assesses the Proposed Action’s potential effects on urban design and visual resources. As described in Chapter 1, “Project Description,” the Proposed Action involves zoning map and zoning text amendments that would affect an approximately 70-block area in the East Midtown area of Manhattan for the purpose of protecting and strengthening the area as a premier office district, as well as improving the area’s pedestrian and built environment. The Proposed Action is intended to encourage limited and targeted as-of-right commercial development in appropriate locations by establishing an East Midtown Subdistrict within the Special Midtown District. The East Midtown Subdistrict would supersede and subsume the existing Grand Central Subdistrict, focusing new commercial development with the greatest as-of-right densities on large sites with full block frontage on avenues around Grand Central Terminal, with slightly lower densities allowed along the Park Avenue corridor and elsewhere. The zoning text amendment would also streamline the system for landmark transfers within the Grand Central Subarea of the East Midtown Subdistrict and generate funding for area-wide pedestrian network improvements. The zoning map amendments would replace the existing C5-2 designation in the midblock area between East 42nd and East 43rd Streets, from Second Avenue to Third Avenue, with C5-3 and C5-2.5 designations, which would be mapped within the Special Midtown District and East Midtown Subdistrict. Subject to further analysis and public consultation, the Proposed Action may also amend the City Map to reflect a “Public Place” designation over portions of Vanderbilt Avenue to allow for the permanent development of a partially pedestrianized street.