Friday, November 4, 2011

Developers secure $200 million loan to help make Astor Place look like an industrial park in, say, Dallas this

According to the Observer yesterday: "The full-block office tower set to rise at 51 Astor Place has closed on a construction loan valued at between $165 and $200 million with Bank of America."

And per Crain's, construction on the only commercial office building going up in New York City without a tenant should be completed by the spring of 2013.

Previously on EV Grieve:
East Village — the new Midtown?


glamma said...

kill me now

Anonymous said...

Wow. When they teach appropriate building scale and massing in architecture school...they should use this as the textbook example of what NOT to design.

~evilsugar25 said...

i can't take it. i'm moving in the spring.

Anonymous said...

That is stupendously ugly and simple-minded.
I am already looking forward to its future demolition (along with that of the Cooper Union plane-crash building).

- East Villager

HippieChick said...

Dear God, that is frightful. And now Cooper Union expects students to PAY for the privilege of being taught to design such unmitigated crapola? So we will have a Corridor of Ugliness along Third Avenue...terrific. It makes me ashamed to be an East Villager. But I'm not going anywhere!

Anonymous said...

@evilsugar25, where is your building and how much is your rent?