50 and the Spiral get saved from looking stubby because so many towers are jammed together right there.
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It’s because they’re classy, in a way. The spiral’s terraces embrace it’s bulkyness. It could stand on it’s own and be beautiful. (Shown is the thinner front and a corner perspective accounting for both facades).
This tower, on the other hand, has nothing cohesive going on, and when it got stubby, then even the aspect of being a skyscraper sorts of fades away. But it really is the smallest of the problems in this design. The original Pelli design was bulky but cool.
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Gospel to my ears.
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Per NYguy on SSP:
Vornado at BofA Conference: NYC Office Market Optimism By Investing.com
Quote:
Michael Franco, President and Chief Financial Officer, Vornado:…tenants, you know, their in expansion mode and their view on New York City, you know, they are looking out in the future. And we’re, I’d say, getting a regular amount of interest on Penn 15. We’re not ready to, you know, kick off tomorrow, but say for the first time, there’s a level of seriousness in terms of activity.
Glenn Weiss, EVP and Office Leasing and Co Head of Real Estate, Vornado:
It’s now formal activity. Not, hey, Glenn. You know, maybe. What do you think? It’s formal.
So it makes a difference because people believe now. Companies believe. So we’re showing it a lot, every presentation actually, and later today with a big company. We’re involved with some RFP processes right now, so we’re front and center in this thing. It’s not just kinda make believe.
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“Some RFP…”
So that means there are a few major companies looking to lease large new spaces?
Well… hope they all settle in other developments as long as this tower remains ugly.
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Vornado dusts off plans to develop tower on Hotel Pennsylvania site | Crain’s New York Business
CEO Steven Roth said Tuesday that his firm has received requests from prospective tenants interested in a substantial block of space in a new tower that would rise up across the street from Penn Station and Madison Square Garden. Roth wouldn’t disclose to whom he’s talking or how much space is sought, and cautioned that nothing may come of the talks. But he did say the discussions are moving along.
“This is not just kicking the tires,” he said on a conference call to discuss quarterly results. “This is serious business.”
Analysts reckon a 2 million-square-foot tower on the site would cost $4 billion to develop. That lofty price could pay off because the market for high-end office space in Manhattan is strong, and rival developers are moving ahead to boost supply.
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Wow, 17 years of nothing. I’d say that’s as bad as 2 WTC…but construction was actually done on that project and has only lasted 15 years (construction wise)
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Vornado was too early and then it was too late.
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