Real estate kerfuffles
Though they are amazingly popular with billionaires, Gary Barnett’s luxury developments are not always well-liked by the community, and at the Community Board 5 meeting Thursday night, his latest project met with widespread disapproval. After lengthy deliberation, the board voted to reject Extell’s request for a permit to cantilever a 1,550-foot super-skyscraper at 217 West 57th Street over the landmarked Students Art League next door.
Mr. Barnett himself appeared at the community Bbard meeting, in the company of a small army of consultants, lawyers and employees, to ask the board to approve the plans for what has been dubbed the Nordstrom Tower because the retailer plans to open its first New York department store in the tower’s base (a hotel and luxury condos will, of course, rise above).
Real estate kerfuffles
One57′s crane continues to make life miserable for its neighbors. Just weeks away from the one-year anniversary of the crane’s dramatic Hurricane Sandy break and ominous, prolonged dangling, the crane once again had some issues, forcing 57th Street to shut down as construction workers scramble to fix the problem.
As the New York Fire Department succinctly described the situation on its Twitter feed: “same crane, different incident.”
A new boom has successfully been hoisted onto the crane at One57, nearly seven months after the previous crane snapped during Hurricane Sandy and dangled ominously over West 57th Street for several days.
The maneuver’s completion—which involved swinging the boom over three buildings before hauling it up the side of the uber-luxury tower—was announced by Extell at just after 3 p.m. this afternoon. Residents of the two co-ops under the boom will now be allowed to return home after being forced to evacuate from their homes last night. It also means that construction will be able to move forward on the condo tower.
Michael Gross, the author of 740 Park among other books, lives with his wife at the Alwyn Court at 180 West 58th Street. That’s not far from the dangling crane at the under-construction One57 building. Mr. Gross has posted online an image of the dangling crane, noting that “developer Gary Barnett isn’t making Read More