Extell moves closer to building NYC’s tallest spire


Crain’s New York reports

Extell Development Company has moved a small step closer to putting up the city’s tallest spire. On Tuesday, the Landmarks Preservation Commission unanimously approved plans to demolish a section of the BF Goodrich building at 1780 Broadway. That decision will pave the way for Extell to do excavation and foundation work on its second tower on West 57th Street. The first one at One57 is currently well under way.

 

Gary Barnett

Gary Barnett

The new building, set to rise at 225 W. 57th St., will reach at least 1,550 feet, according to building permits, though Gary Barnett, Extell’s principal, has said it could go even higher if he can assemble more air rights.

 

Either way, it would become the tallest building in the city, eclipsing the 1,368-foot One World Trade Center (minus its 400-foot spire) and rival developer Henry Macklowe’s 1,397-foot spire at 432 Park Ave. The new tower will also stand taller than Mr. Barnett’s own One57 one block over, which at 1,005 feet will be, for a time, the tallest apartment building in the city when it is completed next year.

 

The planned 88-story tower at 225 W. 57th St. will boast 220 apartments, a hotel on its seventh through 12th floors, and a Nordstrom department store in the base, which will have an entrance inside 1780 Broadway. Tony Mannarino, Extell’s executive vice-president, said after the commission vote that he expected to receive city approvals by April or May, at which point demolition and excavation work can commence. That would take about 15 to 18 months, at which point the tower could begin to rise.

 

“If everything goes according to plan, we’re looking to be finished in the middle of ’18,” Mr. Mannarino said.

 

This is not the first time Mr. Barnett has come before the Landmarks Preservation Commission to debate the BF Goodrich Building. In 2009, the commission had also wanted to landmark a second structure owned by the tire maker, at 225 W. 57th St., but Mr. Barnett was able to successfully lobby against that building’s preservation, which would have conflicted with his plans. In exchange, he vowed to seamlessly integrate 1780 Broadway into his bigger project.

Crain's: Extell moves closer to building NYC's tallest spire

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