# NEW YORK | 45 Park Place | 665 FT | 43 FLOORS **URL:** \ **Category:** Under Construction\ **Created:** [June 13, 2014, 5:21pm UTC](https://forum.newyorkyimby.com/t/new-york-45-park-place-665-ft-43-floors/153 "2014-06-13T17:21:35Z")\ **Posts on this page:** 20\ **Page:** 17
**Author:** ![mcart](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/mcart/32/84718_2.png) [@mcart](https://forum.newyorkyimby.com/u/mcart)\ **Post date:** [November 22, 2022, 2:09pm UTC](https://forum.newyorkyimby.com/t/new-york-45-park-place-665-ft-43-floors/153/337 "2022-11-22T14:09:08Z")
> **[45 Park Place Stands Unfinished in Tribeca, Manhattan - New York YIMBY](https://newyorkyimby.com/2022/11/45-park-place-stands-unfinished-in-tribeca-manhattan.html)** > > Construction remains stalled on 45 Park Place, a 43-story, 667-foot-tall skyscraper from SOMA, Ismael Leyva, and Soho Properties in Tribeca, Manhattan. ---
**Author:** ![stache](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/stache/32/30186_2.png) [@stache](https://forum.newyorkyimby.com/u/stache)\ **Post date:** [November 22, 2022, 2:52pm UTC](https://forum.newyorkyimby.com/t/new-york-45-park-place-665-ft-43-floors/153/338 "2022-11-22T14:52:13Z")
Too bad. This one is pretty nice. ---
**Author:** ![Jaydayvis](https://avatars.discourse-cdn.com/v4/letter/j/6de8d8/32.png) [@Jaydayvis](https://forum.newyorkyimby.com/u/Jaydayvis)\ **Post date:** [December 27, 2022, 9:59pm UTC](https://forum.newyorkyimby.com/t/new-york-45-park-place-665-ft-43-floors/153/339 "2022-12-27T21:59:21Z")
It looks pretty tall from street view. ![image](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/e/f/efb4ca163890435d7dbc9204f6bf3b1f59a4b78f.jpeg) ![image](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/4/d/4dad1ccd72aff6176813029bddbdaaf1de5c4ee2.jpeg) ![image](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/0/8/08324cc6d8505906d05c81850a3b32d4c0b02099.jpeg) ---
**Author:** ![GSPLover](https://avatars.discourse-cdn.com/v4/letter/g/8c91f0/32.png) [@GSPLover](https://forum.newyorkyimby.com/u/GSPLover)\ **Post date:** [December 28, 2022, 7:44am UTC](https://forum.newyorkyimby.com/t/new-york-45-park-place-665-ft-43-floors/153/340 "2022-12-28T07:44:31Z")
A question for architects and engineers. I am curious, when a building like this sits exposed to the elements, how long before the building becomes unfeasible to resume construction? It has now been 5 years since it went above street level and over 3 years since it toped out. ---
**Author:** ![TKDV](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/tkdv/32/83069_2.png) [@TKDV](https://forum.newyorkyimby.com/u/TKDV)\ **Post date:** [December 28, 2022, 8:36am UTC](https://forum.newyorkyimby.com/t/new-york-45-park-place-665-ft-43-floors/153/341 "2022-12-28T08:36:48Z")
It all really depends on the composition of the concrete mixture used and the placement of rebar within the concrete and the climate the building is in, otherwise (while it would still be better to cap exposed rebar or unfinished sections of concrete like at 2 WTC and 3 WTC before it resumed construction) it could sit for years and construction could be resumed easily. Concrete is of course permeable, so water can enter cracks and crevices and find it’s way to the rebar, which unless a coated rebar used, can rust and expand, weakening the general strength of the concrete. Another such example of this in NYC would be One Seaport. But for buildings that are known to be definitely on hold or cancelled already well into construction, the superstructure is normally always fully covered and capped, which is something you don’t really see done in NYC, atleast for these 2 examples. ---
**Author:** ![Mackensen](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/mackensen/32/138218_2.png) [@Mackensen](https://forum.newyorkyimby.com/u/Mackensen)\ **Post date:** [December 28, 2022, 7:32pm UTC](https://forum.newyorkyimby.com/t/new-york-45-park-place-665-ft-43-floors/153/342 "2022-12-28T19:32:42Z")
Doesn’t a developer also have to pay property taxes? even if the project is currently on hold? ---
**Author:** ![rbrome](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/rbrome/32/5724_2.png) [@rbrome](https://forum.newyorkyimby.com/u/rbrome)\ **Post date:** [December 28, 2022, 9:06pm UTC](https://forum.newyorkyimby.com/t/new-york-45-park-place-665-ft-43-floors/153/344 "2022-12-28T21:06:37Z")
Sure. Somebody has to pay the taxes. And the crane is still up (!), which must have hefty rental fees for all this time. I can only assume that they keep thinking that restarting the project is right around the corner, and things keep falling through. Clearly they expected a much shorter pause. ---
**Author:** ![YIMHudson](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/yimhudson/32/2304_2.png) [@YIMHudson](https://forum.newyorkyimby.com/u/YIMHudson)\ **Post date:** [January 7, 2023, 7:04pm UTC](https://forum.newyorkyimby.com/t/new-york-45-park-place-665-ft-43-floors/153/345 "2023-01-07T19:04:49Z")
> **[Sharif El-Gamal’s Lender Wants to Sell 45 Park Place Loan](https://therealdeal.com/2023/01/06/el-gamals-45-park-lender-wants-out/?utm_source=internal&utm_medium=widget&utm_campaign=feature_posts)** > > The lender on Sharif El-Gamal’s 45 Park Place wants out after an adverse ruling in their foreclosure case ---
**Author:** ![TK2000](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/tk2000/32/114212_2.png) [@TK2000](https://forum.newyorkyimby.com/u/TK2000)\ **Post date:** [January 23, 2023, 12:39am UTC](https://forum.newyorkyimby.com/t/new-york-45-park-place-665-ft-43-floors/153/346 "2023-01-23T00:39:56Z")
![On The Roofs shared a post on Instagram: "There was something so pleasant about that day". Follow their account to see 395 posts.](https://us1.discourse-cdn.com/flex019/uploads/yimby/optimized/3X/9/4/9444f548bba755d489117478853fd1ae921e5be3_2_281x500.jpeg) Nice view ---
**Author:** ![algonyc](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/algonyc/32/91624_2.png) [@algonyc](https://forum.newyorkyimby.com/u/algonyc)\ **Post date:** [June 13, 2023, 2:59pm UTC](https://forum.newyorkyimby.com/t/new-york-45-park-place-665-ft-43-floors/153/347 "2023-06-13T14:59:19Z")
CEO of U.S. Crane reporting on LinkedIn that this project is starting back up! > **[Thomas Auringer on LinkedIn: #cranespotting #uscranes #towercrane #rigging...](https://www.linkedin.com/posts/thomas-auringer-9a12111a8_cranespotting-uscranes-towercrane-ugcPost-7074047710323998721-BznZ)** > > It's an exciting day in downtown Manhattan! 45 Park Place is returning to an active construction phase. We are here performing maintenance on our crane to… | 10 comments on LinkedIn ---
**Author:** ![TK2000](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/tk2000/32/114212_2.png) [@TK2000](https://forum.newyorkyimby.com/u/TK2000)\ **Post date:** [June 13, 2023, 3:31pm UTC](https://forum.newyorkyimby.com/t/new-york-45-park-place-665-ft-43-floors/153/348 "2023-06-13T15:31:29Z")
Awesome! This and 125 Greenwich are back under construction, just what I was waiting for! Only time will tell what happens with One Seaport ---
**Author:** ![TKDV](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/tkdv/32/83069_2.png) [@TKDV](https://forum.newyorkyimby.com/u/TKDV)\ **Post date:** [June 13, 2023, 3:44pm UTC](https://forum.newyorkyimby.com/t/new-york-45-park-place-665-ft-43-floors/153/349 "2023-06-13T15:44:02Z")
It’s about freaking time, hasn’t this one been stalled longer than 125 Greenwich was? It’ll be good to have the crane removed from the skyline, thought this one doesnt have that decorative of a crown, hopefully it atleast lights up or something. I think the probability of One Seaport being demolished is mid to high chance, I dont think the building can be shored and the leaning can’t really be corrected even if it is shored, which in itself is a dangerous process. They shouldve just built a proper foundation instead of trying to save money. ---
**Author:** ![ALC11](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/alc11/32/81254_2.png) [@ALC11](https://forum.newyorkyimby.com/u/ALC11)\ **Post date:** [June 14, 2023, 12:24am UTC](https://forum.newyorkyimby.com/t/new-york-45-park-place-665-ft-43-floors/153/350 "2023-06-14T00:24:41Z")
> hopefully it atleast lights up or something. I hope so as well, especially since Downtown is sorely lacking in towers that light up in comparison to Midtown. Let’s hope [45 Broad Street](https://forum.newyorkyimby.com/t/new-york-45-broad-st-1-039-ft-68-floors-on-hold/229) is the next to commence construction. ---
**Author:** ![TKDV](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/tkdv/32/83069_2.png) [@TKDV](https://forum.newyorkyimby.com/u/TKDV)\ **Post date:** [June 14, 2023, 12:28am UTC](https://forum.newyorkyimby.com/t/new-york-45-park-place-665-ft-43-floors/153/351 "2023-06-14T00:28:19Z")
Various night renders don’t depict any sort of lighting scheme unfortunately, so we can expect to probably not see any lighting. The new design for 45 Broad however does have parapet/crown lighting, though that can always be taken away in the end as it frequently is. We’ve just have to wait and see for both towers, but I’m not very hopeful for this one. ---
**Author:** ![JC\_Heights](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/jc_heights/32/90668_2.png) [@JC\_Heights](https://forum.newyorkyimby.com/u/JC_Heights)\ **Post date:** [July 20, 2023, 10:45pm UTC](https://forum.newyorkyimby.com/t/new-york-45-park-place-665-ft-43-floors/153/352 "2023-07-20T22:45:51Z")
![PXL_20230720_170706633~2](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/8/7/87c6bf61fa65853451925b01b35968fc40fccebc.jpeg) ![PXL_20230720_201332257~2](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/7/6/7673b8eeb300bf7b0526b7323f1baa8b212daf9c.jpeg) ---
**Author:** ![TK2000](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/tk2000/32/114212_2.png) [@TK2000](https://forum.newyorkyimby.com/u/TK2000)\ **Post date:** [August 5, 2023, 2:16pm UTC](https://forum.newyorkyimby.com/t/new-york-45-park-place-665-ft-43-floors/153/353 "2023-08-05T14:16:46Z")
![20230805_101601](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/d/7/d770eda4358cde2a02e851a4c6f70d5eb20c01e3.jpeg) ![20230805_101557](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/1/4/14f0483eb9487800bd9303eb39bf8996de9c2307.jpeg) ![20230805_101552](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/b/3/b376b0415a2c9da98ce4739c528821885fee4666.jpeg) ![20230805_101404](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/e/9/e902be852aad6b41648b8073bc2a5e565f15358d.jpeg) ![20230805_102148](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/b/c/bc79cb63f89009fddc6e12497835a475b761f726.jpeg) Just now ---
**Author:** ![chris08876](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/chris08876/32/1617_2.png) [@chris08876](https://forum.newyorkyimby.com/u/chris08876)\ **Post date:** [September 23, 2023, 1:01am UTC](https://forum.newyorkyimby.com/t/new-york-45-park-place-665-ft-43-floors/153/354 "2023-09-23T01:01:02Z")
Can’t wait for this one to finish. This and One Seaport. Can sort of see the glass creeping upwards. Once finished, will complement its surroundings IMO. ![](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/2/9/29b73022d08a77e8300572a8cc278b3a0b91e2ed.jpeg) Credit: [World Trade Center - 4 WTC Page](https://twitter.com/4WTC/status/1705334931096830052/photo/1) ---
**Author:** ![Nickfloyo](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/nickfloyo/32/173662_2.png) [@Nickfloyo](https://forum.newyorkyimby.com/u/Nickfloyo)\ **Post date:** [October 22, 2023, 12:13am UTC](https://forum.newyorkyimby.com/t/new-york-45-park-place-665-ft-43-floors/153/355 "2023-10-22T00:13:32Z")
![IMG_4900](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/5/0/50d48542d4cb5fcac9d80369ab85fbe638bec686.jpeg) ![IMG_4907](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/6/7/673c73f53302657aaf6adb3d5a6d7775e6858087.jpeg) ---
**Author:** ![paperx9999](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/paperx9999/32/128567_2.png) [@paperx9999](https://forum.newyorkyimby.com/u/paperx9999)\ **Post date:** [October 22, 2023, 4:06pm UTC](https://forum.newyorkyimby.com/t/new-york-45-park-place-665-ft-43-floors/153/356 "2023-10-22T16:06:45Z")
No progress? ---
**Author:** ![Waymond\_Womano](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/waymond_womano/32/7078_2.png) [@Waymond\_Womano](https://forum.newyorkyimby.com/u/Waymond_Womano)\ **Post date:** [November 27, 2023, 12:18pm UTC](https://forum.newyorkyimby.com/t/new-york-45-park-place-665-ft-43-floors/153/357 "2023-11-27T12:18:35Z")
> **[Daredevil, 20, busted for climbing 80-story crane at NYC construction site](https://nypost.com/2023/11/26/metro/man-busted-for-climbing-80-story-crane-at-nyc-construction-site/amp/)** > > A knucklehead daredevil was arrested Sunday and charged with scaling to the top of a towering 80-story crane at a Tribeca construction site, according to police. [Previous page](https://forum.newyorkyimby.com/t/new-york-45-park-place-665-ft-43-floors/153.md?page=16) [Next page](https://forum.newyorkyimby.com/t/new-york-45-park-place-665-ft-43-floors/153.md?page=18)