According to some breaking news in The Real Deal, Cooper Union is thisclose to selling its building 51 Astor Place (above) to developer Edward Minskoff, who would tear down the existing building and erect a new 430,000-square-foot office tower. Minskoff has signed up Japanese starchitect Fumihiko Maki?of WTC Tower 4 fame?to design the new building, which is described thusly:
The exterior of the 430,000-square-foot building between Third and Fourth avenues, near New York University, will be black granite with clear glass and a ribbing material. The building will rise 145 feet, with one section reaching 13 stories and a shorter part going up to 11 stories. Minskoff said the building will aim for the U.S. Green Building Council's gold Leadership in Energy and Environmental Design (LEED) status.
"It's very uniquely designed," Minskoff said, calling the small office building "a jewel box."Has AOL's move to Astor Place created a hot new office district? We're a little scared to find out, but according to Minskoff, six tenants have expressed interest before he's even closed on the property.
· Sale expected soon at Cooper Union's 51 Astor Place [TRD] [51 Astor Place photos via Property Shark]