NEW YORK | 150 West 48th Street | 330 FT | 34 FLOORS

SL Green just acquired the corner site which houses the utterly putrid Smilers’ deli. This site is adjacent to 701 7th. Moreover, The Rockefeller Group owns all but one of the buildings, which are largely vacant, between Smilers and the garage just beyond Manny’s. I assume that SL will buy Rockefeller’s site or will partner with them to develop another hotel.

P.S.: Another colossal super sign, which will dwarf The Edition’s is u/c on the Marriott Marquis’ facade. It will wrap around 3 corners of the building.

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Nice! Should this site be listed under 717 7th Avenue (that corner of 48th Street)? Those grimy low-risers need to be razed ASAP!

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I agree.

P .S.: Are you a cardiologist or do you just play one on TV?

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Haha, I play one on TV, for now =) But I hope be one someday!

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I am elated to hear the news about the new sign at the Marriott Marquis!

The flashier and brighter Times Square is, the more I love it!

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Me too! Times Square will awesome!!!

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Marriott Marquis’ new sign u/c:

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Accordion Store’s Departure Signals End of Manhattan’s Music Row

By PATRICK McGEEHAN
JANUARY 3, 2016
For decades, musicians from around the world flocked to a segment of West 48th Street in Manhattan that was known as Music Row. Both sides of the block, just off Times Square, were lined with shops that sold and repaired guitars, drums, keyboards and other instruments.

But the music finally died there in December when the last holdout, Alex Carozza, packed up his accordion store and 50 years of memories and moved off the block. Now, all that is left of Music Row are the signs and awnings that beckoned to virtuosos and neophytes alike. The block is haunted by empty buildings and the occasional tourist straining for some echo of its harmonious past.

Where once there were Manny’s and Rudy’s and New York Woodwind and Brass, Frank Wolf Drummers Supplies and We Buy Guitars, now there are demolition crews, “for rent” notices and a construction office for the glass tower going up around the corner.

“Musically, it’s kind of depressing,” Mario Tacca, an accordion player and longtime patron of Music Row, said. “I guess it’s part of the new world that we’re living in. The old world is kind of disappearing slowly. It’s kind of sad to see.”

Music Row’s demise was a long time in coming, brought on by the soaring value of real estate and the conveniences offered by the Internet — those modern forces that have reshaped so much of New York City’s commercial landscape. The earthbound merchants of musical instruments that have survived are scattered about the city now: Rudy’s guitar shop to SoHo, Sam Ash’s superstore to 34th Street, Jon Baltimore’s horn store to 46th Street.

Mr. Tacca said he had not yet visited Mr. Carozza’s new location, tucked into an office building on a block of West 54th Street filled with the standard Midtown mix of restaurants, hotels, a bank branch and a gym. But when he does, he will not have to stand in line.

In the middle of a weekday just before Christmas, there were no customers to interrupt Mr. Carozza, 88, as he reminisced about the heyday of Music Row, when his shop employed 30 people and took in as much as $40 million a year.

“I used to sell 10, 15 accordions a week,” he said, adding that “my wife used to count the money all day.” But now, sitting in a cramped office wedged into the scaled-down version of Alex Musical Instruments, he said, “If you sell one, it’s like, hallelujah!”

RAMSAY DE GIVE FOR THE NEW YORK TIMES
Mr. Carozza, who was born in Italy, moved from Argentina to New York in the 1960s to be part of the city’s thriving music scene. He went to work in an accordion store on 48th Street and eventually opened his own shop on the block.

Not long after, Rudy Pensa left Argentina to pursue his dream of finding a place for himself on Music Row. “Everyone who was coming to America was coming to 48th Street,” he recalled. “Every band I was really watching and reading about, you found out they were coming to this place called 48th Street.” In 1972, he arrived and looked up Mr. Carozza, who hired him. “I came with a hundred bucks and a guitar,” Mr. Pensa said.

Before long, Mr. Pensa was on his way to being a purveyor of guitars to the stars. He opened his own shop, which came to be known as Rudy’s, in the 1970s. He kept it going for four decades until rising rent and a growing downtown clientele spurred him to leave the block for good in August.

Still, Mr. Pensa, 66, remains wistful about the object of his childhood daydreams.

Mr. Tacca said he had not yet visited Mr. Carozza’s new location, tucked into an office building on a block of West 54th Street filled with the standard Midtown mix of restaurants, hotels, a bank branch and a gym. But when he does, he will not have to stand in line.

In the middle of a weekday just before Christmas, there were no customers to interrupt Mr. Carozza, 88, as he reminisced about the heyday of Music Row, when his shop employed 30 people and took in as much as $40 million a year.

“I used to sell 10, 15 accordions a week,” he said, adding that “my wife used to count the money all day.” But now, sitting in a cramped office wedged into the scaled-down version of Alex Musical Instruments, he said, “If you sell one, it’s like, hallelujah!”

RAMSAY DE GIVE FOR THE NEW YORK TIMES
Mr. Carozza, who was born in Italy, moved from Argentina to New York in the 1960s to be part of the city’s thriving music scene. He went to work in an accordion store on 48th Street and eventually opened his own shop on the block.

Not long after, Rudy Pensa left Argentina to pursue his dream of finding a place for himself on Music Row. “Everyone who was coming to America was coming to 48th Street,” he recalled. “Every band I was really watching and reading about, you found out they were coming to this place called 48th Street.” In 1972, he arrived and looked up Mr. Carozza, who hired him. “I came with a hundred bucks and a guitar,” Mr. Pensa said.

Before long, Mr. Pensa was on his way to being a purveyor of guitars to the stars. He opened his own shop, which came to be known as Rudy’s, in the 1970s. He kept it going for four decades until rising rent and a growing downtown clientele spurred him to leave the block for good in August.

Still, Mr. Pensa, 66, remains wistful about the object of his childhood daydreams.
http://mobile.nytimes.com/2016/01/04/nyregion/accordion-stores-departure-signals-end-of-manhattans-music-row.htmlP

http://nypost.com/2016/12/05/several-storefronts-to-be-demolished-for-new-hard-rock-hotel/

This should be broken into two threads. The filthy Smilers Deli has been razed by SLG.

Rockefeller owns everything east of the DD, up to (and including), that filthy garage.

I assumed that SLG and Rockefeller would enter a partnership to develop their sites, but clearly, they have not.

All of this junk will be razed.

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I think this is the lot nestled in-between the two active construction sites.

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the development firm is looking to sell that assemblage sitting between Sixth and Seventh avenues, where a new owner could develop a building larger than 400,000 square feet.

The Rockefeller Group, headed by CEO Daniel Moore, tapped JLL to market the development site, which includes five different properties as well as air rights the company purchased on the block.

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Looking like this will be a Sam Chang project. Oh gosh! Had good hopes for this parcel, guess not now. :frowning:

Will probally result in utter trash being built.

= = = =

Sam Chang lands $250M loan for Midtown hotel project

Sam Chang has landed a $250 million loan for his upcoming project at 150 West 48th Street from S3 Capital Partners, the company told The Real Deal.

The acquisition and construction loan closed Wednesday for the site that Chang’s McSam Hotel Group bought from the Rockefeller Group in October for $140 million. The developer is expected to build a hotel on the site that could span 276,000 square feet, and construction should start in March.

Representatives for Chang did not respond to a request for comment.

S3 Capital Partners, an arm of Spruce Capital Partners, has worked with Chang before, providing him with a $76 million construction loan to top off his hotel at 292 Fifth Avenue in NoMad last October.

Chang, one of the most prolific hotel developers in the city, earlier this year said that was planning to retire. The death knell, he said, was a new law restricting hotel construction in manufacturing zones.

========

TRD

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Sam Chang: Oy vey!

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Midtown getting Chang’d up.

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What’s funny is this looks very similar to the block of four hotels on West Fortieth Street across from the Port Authority Bus Terminal.

except maybe here I guess it will be all part of one hotel instead of four separate hotels? Presumably they didn’t want it to look like a monolith so they split it into four different-looking “towers” like a New York-themed casino in Las Vegas.

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Yikes.

What a shit!

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