NEW YORK | 262 Fifth Ave | 860 FT | 60 FLOORS

[TK2000]

I still like this building. And there has been progress, the cladding is up to the top open space level and the construction elevator is being dismantled. Way faster than 270 Park

[baronson]

I’m really interested in how the crown will come out and look at night. It has potential to be unique.

[stache]

You read my mind on this one.

[steelisreal]

Broadway and 29th:

[stache]

I love that building on the left.

[NYCityBoy]

This is my first time noticing the windows on the western core elevation.

[exodius]

…and the randomness of the spacing between them Why are some windows smaller and further apart than others (mainly the top floors)??

[LARRY_LORENZO]

this is such a vomit inducing building

[infoshare]

I found a good way to get around the ‘sight-line’ problem. I moved a few steps into the park: problem solved.

I am being a bit comical on this point; but do sincerely find the sight line complaint to be a bit disingenuous.

ALSO, another viewpoint here…It is all about vantage point - The skyline view is not bad - skinny is good.

BTW. Thank you P Packala for plotting that graphic and demonstrating the vantage points.

[TKDV]

That’s a terrible argument because you’re in the park and the trees block your view of many things at that point.

I’m not sure what about the sightline viewpoint of many people is that you find disingenuous, it’s a fact that the ESB isn’t visible from that stretch of 5th Ave anymore. There’s nothing dishonest or misleading about that.

That skyline viewpoint probably from 56 Leonard St is something many dont get to experience, regardless, the skyline viewpoint from Lower Mnahattan (IE One World) is still horrible because theres just an actual black stick directly adjacent to the ESB because the side core of this building was so poorly thought out, not to mention the overall aesthetics of it.

[lowkeylion]

We can’t be worried about views with the housing crisis the way it is.

Build, build, build.

I want 500 foot towers from the Battery to 96th.

Every inch of Manhattan should be covered. It should be unlike anything on the planet.

It already is, but moreso.

[TKDV]

I’m not a proponent or opponent of the viewpoint sentiment for this building in particular, but this building did not help the housing crisis at all.

[lowkeylion]

Sure it did. It’s 26 more units where none existed before.

If you want to expand the housing market, you have to expand ALL sectors of the housing market, luxury included.

I think many just want exclusively “affordable” housing to be built, and that’s not going to work.

You build so much housing of all types that the prices come down naturally, like we see in the Sun Belt cities like Austin.

[TKDV]

The housing crisis more so relates to a lack of housing in terms of apartments, not condos, of which this building is. Condo prices can fluctuate as much as they want but they do not add to the inventory of housing that the housing crisis actual exists for, which is normal apartment buildings regardless if they are considered affordable housing or not or luxury or not, its about the inventory of apts.

[lowkeylion]

Why does it matter whether a unit is a condo or an apartment? I don’t understand the distinction you’re trying to make.

You realize you can rent out a condo right?

You build both- as many as possible.

[Arik]

(Just!) 26 units that rich folks will buy and mostly vacate as in most pencil towers?

To compare, 2 floor plates in 5 World Trade Center would “contribute” numerically far more than this eyesore.

[TKDV]

Yes that true that you can rent out a condo, but these new luxury condo specific buildings still do not factor into the housing shortage, the crisis is still mostly only factoring a shortage of rental units not outright condominiums, of which not all condo units are rentals/can be rented. I should have said rental before instead of, to your point, apts.

Some buildings do market and have both condos and rental units, like Brooklyn Tower and One Manhattan Square for example, which would make them factor into the shortage, but buildings like this and those on 57th St would arguably not factor into the shortage because they are not rental.

Your argument is about luxury housing, but this is not luxury housing in the sense of what the housing crisis is talking about, its referring to luxury rentals like those in Hudson Yards and the new reuse projects like in LowerManhattan and else where, not luxury supertalls.

[lowkeylion]

Why do you care if it’s vacant? The taxes the owner is paying on it are helping run the city.

5 WTC should be and will be built, in time. The problem with that building is political. They want too much of the inventory to be “affordable”

[Arik]

Your’re shifting the goal post from helping the “housing crisis” to a very negligible tax contribution (as if it helps a fiscally irresponsible city).

Almost as if there’s nothing good about ugly towers like this one…

[lowkeylion]

No. I just didn’t respond to TK about the housing crisis because it’s clear he doesn’t know what he’s talking about.

It is not negligible when you add up all of the towers in the city.

You aren’t very smart.