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?
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6 comments:

  1. glammaNovember 4, 2011 at 9:55 AM

    kill me now

    ReplyDelete
  2. AnonymousNovember 4, 2011 at 1:10 PM

    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.

    ReplyDelete
  3. ~evilsugar25November 4, 2011 at 1:17 PM

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

    ReplyDelete
  4. AnonymousNovember 4, 2011 at 2:53 PM

    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

    ReplyDelete
  5. HippieChickNovember 5, 2011 at 9:58 AM

    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!

    ReplyDelete
  6. AnonymousNovember 5, 2011 at 12:19 PM

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

    ReplyDelete

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