Real estate kerfuffles

Not this again! (Getty)

Residents Evacuate Co-ops So That a New Crane Boom Can Rise At One57

Despite the rainy, windy weather that is set to hit New York tomorrow and a last-minute lawsuit filed to stop Extell from evacuating two co-op buildings adjacent to One57, plans to repair the crane broken during Hurricane Sandy are still moving forward Saturday morning.

Which means that the unfortunate residents of Alwyn Court, the landmarked building at the corner of Seventh Avenue and 58th Street, will either vacate the building voluntarily in the next few hours or face forcible eviction. The crane repair involves swinging a boom over Alwyn and two other buildings before hoisting it up the side of the unfinished tower. Read More

Skyscraper Living

The boom is back, but the street is not. (Getty)

Even Though West 57th Street Has Reopened, One57′s Powerless Neighbors Wait to Move Back

It’s true of communities across the city, so why not West 57th Street? From the Rockaways to Staten Island, people have returned to their homes and businesses but found them without power, and the same seems to be going for the one-block stretch of the city that was shut down after the crane boom of One57 snapped back.

Yesterday, the city secured the crane boom to the side of the building, a day ahead of scheduled, and reopened the street. But that does not mean life is yet back to normal. According to a number of people on the street, they remain without electricity or heat—even though Con Ed claims otherwise. “They said we couldn’t expect anything before noon,” Daniel Van Doren, whose family owns 130 West 57th Street, told The Observer in a phone interview from his MetroNorth train headed to the city.

“Just like the rest of this debacle, Con Ed is not giving much detail,” Mr. Van Doren added. Read More

Skyscraper Living

Boom! (Getty)

One57 Crane Is Secure, West 57th Street Block Reopens a Day Early

Well, the recovery continues faster than expected in New York. We’ve got subways almost miraculously coming back to life after flooding throughout the system, and now the securing of the crane boom dangling over West 57th Street has been completed a day ahead of schedule, wrapping up tonight rather than Monday night as the mayor had previously predicted.

It will still be weeks before the crane—whose boom was almost torn asunder during last week’s hurricane—can be removed and construction can resume on the billionaire-beloved One57 tower. Buildings Commissioner Robert LiMandri’s full statement on the operation is below. Read More