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?
6 comments:
kill me now
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.
i can't take it. i'm moving in the spring.
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
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!
@evilsugar25, where is your building and how much is your rent?
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