“The project is now 10 years old, it’s time to build it!”
That was Andre Terzibachian’s response when The Observer emailed him about 400 Park Avenue South on Friday. A partner at Atelier Christian de Portzamparc, Mr. Terzibachian is responsible for many of the firm’s projects in New York, where the Pritzker Prize-winning Frenchman has had a number of surprising successes: the jagged LVMH North American headquarters on 57th Street; the skyline-redefining, outrageously priced One57 now rising a few blocks to the west; and beyond that, abutting the Hudson River, a daring complex of five towers at Riverside South.
All the while, 400 Park Avenue South was in the works the middle of Manhattan as a small-time developer tried, and eventually failed, to get an ambitious project off the ground. (Oddly enough, it is the only of Mr. de Portzamparc’s projects not somewhere on 57th Street.) Construction was set to begin after years of development and zoning approvals. Then the recession hit. In December, the site was sold to a partnership of two of the nation’s biggest builders, Toll Brothers and Sam Zell’s Equity Residential. It was not clear at the time what the fate of this crystalline castle would be, but it turns out Mr. de Portzamparc will be planting another shard in the New York skyline after all.
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