Extell Planning to Reduce Height of 250 South Street Tower to 56 Stories

Posted on: April 2nd, 2015 at 5:00 am by
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Here comes the chop.

In a possible consolation to the waterfront community, it appears that Extell chief Gary Barnett had a sudden change of heart regarding the market rate monolith at 250 South Street. Talk about unexpected. With the first few steel pylons still fresh in the ground, the developers filed paperwork with the Department of Buildings last week to reduce the overall scope of the project.

An amendment to the original permit shows that the tower at 250 South Street is going from a height of 71 to 56 stories (700 feet). That’s a reduction of approximately 100 feet. As for composition, the floor area is now split 748,095 square-feet for residential (646 units) and 25,516 square-feet for commercial usage (possible supermarket). Amenities seem to have been shaved, as well. Looks like the bowling alley and Turkish baths were nixed, but there’s still a pool, “residential lounge,” and fitness facility in the cellar.

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Photo: Two Bridges Tower

For broader neighborhood context, the downsized Extell development is still twice the height of nearly everything in the vicinity, including the Manhattan Bridge which sits at 336 feet. Plus, we worry about ongoing site safety, especially in light of the recent incident at Extell’s One57 – falling plexiglass from the 90-story building.

Pertinent heights (approximates):

Extell’s market rate – 56 stories
Manhattan Bridge – 30 stories
Two Bridges Tower – 21 stories
Rutgers Houses (5 buildings) – 20 stories

No word just yet on the impetus behind this change, or how this might affect the neighboring “affordable” building (aka Poor Door).

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