Tuesday, May 15, 2007

START-UP AT CARNEGIE SITE By STEVE CUOZZO - Business - New York Post Online Edition 

START-UP AT CARNEGIE SITE By STEVE CUOZZO - Business - New York Post Online Edition

Finally, the north side of West 57th street is getting "some work done." Steve Cuozzo details what it took to get to this point.

THE roar of jackhammers across from Carnegie Hall is sweet music to developer Gary Barnett's ears.

Barnett's prolific Extell Development Corp. has finally started work on one of the city's most-watched sites - a colossal, six-building assemblage on the north side of West 57th Street across from Carnegie Hall.

Barnett said yesterday the project will be "at least 50 stories" with "north of 500,000 square feet." Though plans aren't final, "We're looking forward to doing a five-star hotel at the base and above it, condos with Central Park views."

Extell filed demolition plans with the Buildings Department this month. The takedown has begun behind a shroud of black netting. Barnett said actual construction should start this year, even though certain aspects of the project - including choice of architect and hotel operator - have yet to be finalized.

A gratified Barnett said, "It's taken me nine years to put it together." The site includes all the buildings from 147-161 West 57th and air rights from adjacent properties.

50 stories? Hotel? Six-building assemblage? This is going to be quite a project that will change the face of that side of the storied street.


This page is powered by Blogger. Isn't yours?