Archinect - News

Foster + Partners finishes work on revamped Penn Station entrance

2023-11-20T16:49:00-05:00

A dramatic new makeover of Penn Station’s entrance at 7th Avenue and 32nd Street in Manhattan has been completed by Foster + Partners and AECOM for clients Amtrak and the Vornado Realty Trust.

The rebuilding project expands the entrance’s width by 50 percent while making it safer and fully ADA-accessible for 600,000 daily users of what is considered the nation’s busiest train station.

Image: Fernando Sandoval/MW

A new canopy and LED display were constructed at the entryway, which now features a wider staircase, new interior lighting feature, improved elevator access, and an added third escalator for enhanced circulation. Outside sidewalks and the surrounding plaza were also expanded. The project complements part of Vornado and MdeAS Architects’ redevelopment of the adjacent PENN 2 Tower while creating what Amtrak describes as a “sense of place and civic monumentality.”

Image: Fernando Sandoval/MW

In a press statement, Foster + Partners’ Head of Studio, Nigel Dancey, commented: “We h...

Penn Station redevelopment: New York State cancels office component in reverse of direction

2023-06-27T13:10:00-04:00

New York officials are calling on design firms, engineers and architects to draw up a plan for a new Penn Station design that keeps both commuters and the community in mind. [...] In a dramatic about-face, the governor announced plans to redevelop Penn Station without touching the neighborhood surrounding it. With soaring glass ceilings and a broad marble concourse not unlike the Moynihan Train Hall directly adjacent to it.

The scrapped 10-tower office component of the $7 billion plan was ultimately done in by the consequences of post-pandemic economics that have profoundly affected the commercial real estate market in Midtown and other parts of Manhattan.

Gone also are the 1,800 housing units included in the original plan, though New York Governor Kathy Hochul said at Monday’s press conference the state would “entertain all concepts” for the scaled-back redevelopment that’s set to move forward under the auspices of the Metropolitan Transportation Authority despite sustained opposition from local residents.

Italian firm proposes glass-wrapped alternative to Penn Station redevelopment

2023-04-05T13:10:00-04:00

The race to author an alternative solution to the recently-halted redevelopment of Penn Station may now have a top contender after the Italian firm ASTM Group released its plans for a proposal that would radically alter New York City’s iconic Madison Square Garden.

Last week, the New York Times reported on the newly-proposed alternative, which calls for the storied sporting “Mecca” to be wrapped in an aluminum-and-steel curtain while replacing the existing station with a two-hall glass-enclosed structure at its podium. The plan is said to be less expensive than the state’s Vornado-backed original proposal, and, if approved, would be completed no later than the year 2030.

According to the Times, several officials have already voiced their support for the alternative, making it into a “frontrunner” among those in power.

Last month, Vornado called off the already-maligned redevelopment scheme, citing economic conditions as a decisive factor in their postponing of the plan that would h...

Penn Station's planned redevelopment could be going nowhere for a while

2023-02-27T14:07:00-05:00

Vornado Realty Trust, the developer hoping to remake the skyline around Pennsylvania Station with a bundle of new office towers, has put the brakes on the massive redevelopment plan for now as interest rates remain high and the real estate market struggles to recover from the pandemic. Plans for the Penn site, a roughly 18 million-square-foot project that could include 10 new skyscrapers of mostly office space around the transit hub, could be delayed for at least two to three years.

Despite her recent mum on the status of the $7 billion project, the Empire State Development agency said it remains confident in New York Governor Kathy Hochul’s commitment. Vornado, which owns half of the sites included in the scheme and in January was delisted from the S&P 500, reportedly considered high lending rates and the city’s lagging return-to-office crisis as a cause for the delay.

Right now, ten office towers are planned alongside only 1,800 units of housing in an area the state controversially declared blighted in December. “We should spend those once-in-a-lifetime dollars on a 2050-type vision as opposed to a 1970s vision,” State Senator Leroy Comrie said presciently at the last update. “We need to make sure that whatever happens aboveground is actually something that will help finance the project.”

Foster + Partners tapped to design supertall 350 Park Avenue in Midtown Manhattan

2023-01-17T18:08:00-05:00

Ken Griffin’s empire will occupy more than half of the office space at a new Manhattan skyscraper at 350 Park Ave., which is expected to be completed in 2032. [...] Citadel confirmed plans to construct a tower at 350 Park Ave., a 1.7 million-square-foot (158,000 square-meter) building that would replace three properties in that area. The firm has been working with developers Vornado Realty Trust and Rudin Management Co.

Citadel's fund is managed by billionaire philanthropist Kenneth Griffin, whose 2018 donation to West Palm Beach, Florida's Norton Museum of Art earned him a special named wing also designed by Foster + Partners' New York office.

If approved, the new 1,350-foot supertall 350 Park Avenue tower will piggyback off the just-opened 425 Park Avenue and 50 Hudson Yards developments as well as the forthcoming J.P. Morgan Chase headquarters and 15 Penn Plaza designs to become the firm's seventh tall building project in Manhattan. Expectations are for construction to be completed by the end of 2032.

Penn Station's proposed redevelopment is raising the specter of 'blight'-backed urban planning tactics in Manhattan

2022-12-29T14:46:00-05:00

The congested, chaotic section of Manhattan near Pennsylvania Station is undeniably drab. Does that make it blighted? New York State has decreed that it is, and Gov. Kathy Hochul has recently likened the Penn Station area to “a Skid Row neighborhood.” She was defending the controversial plan to allow developers to build 10 towers around the decrepit train station — the busiest transit hub in the nation — in exchange for some of the $7 billion the state needs to renovate it.

The same tactic was used in the urban cores of major American cities such as Los Angeles to break apart mostly residential areas and redevelop them into high-rise-laden commercial districts, a practice which may now be boomeranging in the post-pandemic economy. New York is claiming “economic stagnation” (in addition to “blight”) in the redeveloped area. However, opponents say only 8 of the total 61 lots targeted by the project meet the definition outlined by the state’s apparently vague threshold.

“It’s so extreme in this case, I don’t think they can get away with it,” an attorney representing various opposition groups’ legal challenge to the plan told the Times.

Previously on Archinect: Empire State Development approves massive Penn Station redevelopment proposal

Eventually, the redevelopment — which was approved in July — will yield ten skyscrapers, 1,800 units of housing, and the $73 million expansion of Penn Station led by Arup. CRE titan Vornado owns half of the sites included...

Hudson Yards and Stern-designed towers dominate NYC's ultraluxury real estate sales

2019-06-11T14:03:00-04:00

Manhattan’s latest crop of new luxury developments continues to attract a steady stream of buyers. At the ultra-pricey 220 Central Park South in Midtown, the grand limestone skyscraper designed by Robert A.M. Stern Architects, four more units officially sold, including New York City’s most expensive closing in May: a three-bedroom aerie for nearly $26.5 million.

The NYT's Vivian Marino provides an update on the biggest recent luxury real estate transactions in New York City with notably pricey purchases at Robert A.M. Stern's 220 Central Park South and 250 West 81st Street towers and also at the newly opened Hudson Yards mammoth development.

"Philip I. Kent, the former chief executive of Turner Broadcasting System, was one of the many buyers at 15 Hudson Yards, the megaproject’s first residential tower. (Oh, and the architect who helped design that building also bought an apartment — in Greenpoint, Brooklyn.)," writes Marino.

Megapenthouse at Stern-designed 220 Central Park South sells for $238M, now the most expensive home sold in the U.S.

2019-01-25T15:45:00-05:00

Hedge funder Ken Griffin has closed on a massive penthouse at 220 Central Park South, paying a record-shattering $238 million, according to sources familiar with the deal. The Citadel founder has long been rumored as the buyer of the condominium’s most lavish spread — a 23,000-square-foot quadplex encompassing the 50th through 53rd floors of the limestone tower, developed by Vornado Realty Trust and designed by Robert A.M. Stern. The asking price was $250 million.

After Ken Griffin dropped a sweet quarter billion on his new NYC digs, he didn't appear entirely penniless and recently secured a few other neat places to crash when traveling to London, Chicago, or Miami. "Earlier this week, he reportedly scooped up a house in London for around $122 million," reports The Real Deal. "In 2017, he shelled out $58.75 million for several floors of No. 9 Walton, a condominium in Chicago, and in 2015, set a record in Miami be shelling out $60 million for a penthouse at Faena House."

It's official: $250M mega penthouse in Stern-designed 220 Central Park South tower is now NYC's priciest address

2016-05-05T17:32:00-04:00

It has been whispered about for months, but now it’s official: Vornado Realty Trust is offering up a palatial four-floor apartment at 220 Central Park South that is priced at a record-smashing $250 million. The massive condominium will encompass floors 50 through 53 of the Robert A.M. Stern-designed limestone tower, and it will span some 23,000 square feet [...]. The asking price works out to nearly $11,000 per square foot.

Previously on Archinect: This $250M mega penthouse might become New York's priciest home

This $250M mega penthouse might become New York's priciest home

2015-06-17T15:55:00-04:00

Vornado's super luxury tower at 220 Central Park South isn't even out of the ground yet, but billionaire buyers seemingly can't wait to stash their stacks of cash in the 950-foot-tall tower. The Real Deal hears rumblings that a Qatari investor is eyeing a monstrous spread that would cost around $250 million, making it easily the most expensive home in New York City. It would completely obliterate the current record, the $100 million sale at One57.

Robert A.M. Stern's NYC condo towers have a habit of attracting record bids (previously: NYC’s Most Expensive Condo to Be Listed at $130 Million).

WeWork moves into residential development with WeLive

2015-03-18T13:09:00-04:00

Vornado and WeWork announced last May that Crystal City would be one of the first places in the nation for WeWork's residential brand, WeLive. Now Vornado has approached Arlington County about changing its plans for 2221 S. Clark St. to set aside two floors of space for a new WeWork center, bringing both concepts under one roof. [...] WeLive is a newer concept geared toward the same audience and including smaller, efficiency units with similar common spaces for residents to share.

Check out our interview with Miguel McKelvey, former architect and co-founder of WeWork, for some background on the co-working giant.

Clashing Over a NYC Modernist Landmark

2011-09-29T13:50:44-04:00

The building’s exterior was made a landmark in 1997. The interior, which had come to public attention after a signature metal screen by the sculptor Harry Bertoia was removed, was not given landmark status until February. Two months after the interior landmark designation, the commission granted the new owner, Vornado, permission to make changes to the building.

Designed by Gordon Bunshaft of Skidmore, Owings & Merrill the former Manufacturers, the former Hanover Trust building located at the corner of Fifth Avenue and 43rd Street, is considered a Modernist landmark. Robin Pogrebin examines the ongoing court battle between preservationists and the city over the buildings future. The fight centers around proposed changes to the interior of the building, which preservationists argue would significantly alter the view of the building from the street. The current owners Vornado Realty Trust contend however, that they have already made changes in order to protect the buildings landmark status and furthermore suggest that adaptability for future uses was a key part of the original design.