Movatterモバイル変換

[0]ホーム
URL:

Skip to main content
Newspapers.com by Ancestryprint logo
Free Trial
Sign in

Shift would open way for hi-rise

Shift would open way for hi-rise By OWEN MORITZ Urban Affairs Editor The Russian Tea Room is contemplating a move next door to a city-owned lot adjoining Carnegie Hall a real-estate maneuver that could change the face of W. 57th St. If the move comes to pass, it would the way for a 51-story tower that benefit Carnegie Hall, the Tea and reclusive real-estate developer Harry Macklowe. The Tea Room, at 150 W. 57th St., long been under pressure to sell because it occupies a pivotal spot beCarnegie Hall to the west and a Macklowe-owned site to the east. OwnFaith Stewart-Gordon reportedly rea $12 million offer last year. Carnegie Hall has vacant city-owned property behind and alongside it that is as a parking lot but is for sale. Carnegie Hall itself is an official land- that can't be touched, but sale of vacant land would yield welcome revenue to it and the city. Macklowe property just to the east of the Room, for which he paid $20 miland has begun excavating the site preparation for construction. UNDER CURRENT zoning, Mackand Carnegie Hall are limited in their land can command because sites are narrow. It would be different if either acquired the 25-by200-foot Tea Room site- or at least its rights. And were the three sites combined, land could yield a 51-story building 1 million square feet, about 60% of square footage of the Empire State Building, according to insiders. No one TOM MONASTER DAILY NEWS sandwiched between two construction sites. That's Carnegie Hall at right. A spokesman for Carnegie Hall says STEWART-GORDON says his wife there have been conversations with the would consider an offer of $15 million Tea Room but points out that requests for the site, provided the restaurant is for proposals for the parking lot have able to replicate itself next door. This been circulated among would-be builwould mean a free-standing building ders. "We get only one chance a lifeor, as part of any high-rise, with its time to build," says the spokesman. own entrance. "We're taking our time. We want a "Our plans are somewhat flexible," building of the highest caliber." says Stewart-Gordon. The discussions also shed light on Macklowe, 47, who ended negotia- real-estate doings in New York. Faith tions with the Tea Room in a huff last Stewart-Gordon has brought in promyear, has refused to return phone calls. inent attorney William Shea and conBut he has filed papers for a 12-story sulted with George Klein, the fastbuilding on the excavated site. This rising developer who has been named could presumably be expanded, were the conditional builder for the $1.6 bilhe to acquire the Tea Room site. He has lion Times Square redevelopment. Caralready paid $6.2 million for the air negie Hall is understood to be talking rights from the building next to him at to George Kaufman, an owner of the 140 W. 57th St. Astoria Film Studios. 1 EA in open could Room has tween er jected used mark the owns Tea lion in lowe what both air the with the Russian Tea Room on W. 57th St. is doubts it would be a commercial suc- - cess on a Gold Coast boulevard like 57th St. The Tea Room is, of course, a wellknown gathering spot that was the backdrop in two recent movies, "Tootsie" and "Unfaithfully Yours." "This is the most successfull individually owned restaurant in the world," says James Stewart-Gordon, a retired Reader's Digest editor. One fear of selling, he says, is that the place's tradition would be lost in a move elsewhere. Still, the Tea Room owners recently paid $140,000 to a tenant to vacate a rent-controlled apartment on an upper floor of the restaurant. This now gives the restaurant the leverage to do what it will.
Article from 11 Mar 1984Daily News(New York, NY)
•
CLIPPED BY
ryanmng

Topics to Browse:

Get started searching Newspapers by searching a keyword, name, or phrase…

PeopleTopicsLocationsOther

More Clippings by tags, date and location

Loading

Loading

Loading

Loading

Trending Clippings

Loading

Loading

Loading

Loading

View All Clippings
[8]ページ先頭
©2009-2026 Movatter.jp