#1
Posted: 9/18/13 at 12:37pm
Any one here going to be experiencing the headache of this or already are experiencing it? I have no problem with the free market but this just sounds unsettling to me. The NYC skyline is changing, and not necessarily for the better.
** While most of the supertall building boom spotlight has been placed China and the UAE over the past few months, there's an even more staggering development happening much, much closer to home. At least four 1,000-foot-plus skyscrapers are set to rise along (or adjacent to) West 57th Street over the next few years, each of the tall enough to change the city's skyline forever.
There’s a residential boom happening in Midtown Manhattan right now, mainly thanks to wealthy investors who believe that condos in Midtown Manhattan are about as stable an investment as one can make right now. The Wall Street Journal declares it “a new era for skyscrapers,” while The Observer’s Matt Chaban wonders “just how many skinny luxury towers can we jam onto 57th Street?”
But what’s most remarkable about this boom? Its geography. At least six major building projects are being proposed along one street—West 57th—over the next few years. Four of those will compete for the title of the city's tallest building, based on habitable height (rather than spire height, for which One World Trade takes the cake), and one will be the tallest residential tower in the Western Hemisphere. Along this short strip of city, a construction race is being kindled by investors eager to nab a slice of the most valuable real estate in America—and it's driving some fairly insane pieces of architecture, too. **
Full Article Here
** While most of the supertall building boom spotlight has been placed China and the UAE over the past few months, there's an even more staggering development happening much, much closer to home. At least four 1,000-foot-plus skyscrapers are set to rise along (or adjacent to) West 57th Street over the next few years, each of the tall enough to change the city's skyline forever.
There’s a residential boom happening in Midtown Manhattan right now, mainly thanks to wealthy investors who believe that condos in Midtown Manhattan are about as stable an investment as one can make right now. The Wall Street Journal declares it “a new era for skyscrapers,” while The Observer’s Matt Chaban wonders “just how many skinny luxury towers can we jam onto 57th Street?”
But what’s most remarkable about this boom? Its geography. At least six major building projects are being proposed along one street—West 57th—over the next few years. Four of those will compete for the title of the city's tallest building, based on habitable height (rather than spire height, for which One World Trade takes the cake), and one will be the tallest residential tower in the Western Hemisphere. Along this short strip of city, a construction race is being kindled by investors eager to nab a slice of the most valuable real estate in America—and it's driving some fairly insane pieces of architecture, too. **
Full Article Here
Updated On: 9/18/13 at 12:37 PM
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