Just How Insane is the 57th Street Skyline Going to Be?

By May 31, 2012 5:40 pm
reprints

Last night, The Observer got a glimpse of the super-tall residential tower Gary Barnett has planned for Broadway and 57th Street, just one block away from his already very tall One57.

Our good friends at Curbed picked up on this and were brilliant enough to photoshop the two onto the same skyline. It is quite the striking image, but not quite complete.

After all, rival 432 Park is already underway—and looking for more investors, if you’re interested, as The Journal revealed yesterday—so we figured, what the hey, let’s put them all together.

Welcome to your new skyline, circa 2015.
Read More

Illustration with Gov. Kathy Hochul and apartment buildings with a 421a form
Politics & Real Estate
New York City

Hochul Has High Hopes for NY’s Housing Deal, but Developers Need to Do Some Math

By Abigail Nehring
One site is a 30,900-square-foot land parcel at 5240 Lankershim Boulevard in North Hollywood in the San Fernando Valley, which will become 128 apartments.
Finance
Los Angeles

Retail-to-Resi Plans Secure Loan in Los Angeles

By Greg Cornfield
Alex Chenarides, Monica Pendergast and Adam Folz
Players
National

Tower Capital Grows New Capital Markets Team With 3 New Hires

By Nick Trombola