Architect Steven Holl once called his planned Towering S skyscraper at 30th Street near the High Line "a great piece of hope to save the north spur" of the park. Partly right: the High Line's Phase II is on the way. The Towering S, though, is not, and it's one we're sorry to see gone.
Last year developer Extell lost the site at 356-366 10th Avenue to its lender. Now, Crain's reports, the property is back on the market. Extell once planned a 774-square-foot commercial tower with a hotel on the 25,779-square-foot lot. The site, which has no asking price, is zoned for mixed-use and can accommodate 258,000 square feet of development, with two bonuses: there are extra air rights available, and the buyer can pick up some 421-a certificates, which aren't available otherwise, since the 421-a program expired last year. Will that and the promise of Phase II be enough to lure in a buyer?
· Big site across from High Line on block [Crain's]
· Towering S coverage [Curbed]