Posts tagged with "Supertall":
“It’s like being at the theater; if everyone’s in rows trying to see the stage, nobody can see anything at all,” said Gill. “The solution is to stagger the seats. When we moved the tower off-center to get better retail spaces, we discovered an opportunity to capture incredible direct and oblique views. That’s why the building is stepped and staggered in every direction — north, south, east, and west — walking all the way up to 1,550 feet. If you look at this building from a distance, it has a strong ethos and a sense of stability. On the other hand, there’s a lot of movement. The trick was managing all that activity without getting overly effusive.”
Apparently, Star Trek had it right. Those familiar with the seminal sci-fi series will find the thyssenkrupp MULTI system eerily familiar. Like the ubiquitous turbolifts of the interstellar television show, MULTI is a rope-less, sideways-moving elevator system. Thankfully, we don’t have to wait for the 22nd century to see them in action, because thyssenkrupp has a working prototype in the German countryside.
The nearly completed thyssenkrupp test tower in Rottweil, Germany, stands 800 feet above a rolling green landscape. Essentially a complex elevator core, the test tower will have a full working version of MULTI. At the same time thyssenkrupp puts the final touches on its testing facility, MULTI already has its first client. OVG Real Estate’s East Side Tower in Berlin will be the first to deploy the system.
Unlike nearly all elevators, MULTI functions on a system of rails rather than ropes or cables. This has a distinct number of advantages, especially when building supertalls. The simple weight and length of the cables is prohibitive, and they limit the directionality of the elevator car. In general, only one car is able to be in each shaft at a time—a problem for buildings with tens of thousands of people moving up and down every day. MULTI, on the other hand, circumvents many of these obstacles. With no cables, multiple cars can move in a single shaft. The track system can be used to move cars up and down, as well as side to side. Working in loops, MULTI has the potential to be faster, and more efficient, both spatially and environmentally.
Notably, while addressing many of the common issues facing current elevator technology, MULTI has one more advantage: There is no limit to the height or length of the system. While elevators are often cited as the invention that permitted the rise of skyscrapers, today supertall buildings are reaching the limits of that technology.
The real question now, though, is: How are the buttons going to work on an elevator that can go in so many directions?
The SHoP-designed building on 111 W. 57th Street has only been built up to 20 stories and is already $50 million over budget. Real estate investment corporation AmBase filed a lawsuit in the Manhattan Supreme Court against the project’s developers and the lender over construction cost overruns.
AmBase, which had invested over $70 million into the building, blamed sponsors Kevin Maloney and Michael Stern, as well as Spruce Capital Partners.
“Apparently they omitted some very significant items in their budget including cranes, which are very expensive in New York and can run into the millions of dollars,” AmBase’s attorney Stephen Meister said to the Post.
Maloney, Stern, and AmBase had defaulted on a $25 million mezzanine loan from Spruce Capital Partners in June, according to the Post. The proposed mezzanine loan would allow the lender (Spruce) to take control of the asset in a default situation.
But on Wednesday, a judge enforced a strict foreclosure procedure, blocking Spruce from taking ownership of the project. If Spruce puts the building up for foreclosure, however, AmBase could potentially get back some of its $70 million investment.
An earlier report by The Real Deal revealed that the developers were facing a $100 million cash deficit and that AmBase already sued the developers last year, alleging that they were trying to “dilute its stake” in the project.
The building was meant to rise 1,400 feet, or 82 stories. It made headlines as the world’s most slender building, with a height-to-width ratio of 24:1 and a floor plate measuring 60 feet by 80 feet.
111 W. 57th Street is not the only building on the oversaturated Billionaire’s Row in trouble. A penthouse apartment at One57 on 157 W. 57th Street, the supertall that started it all, is awaiting its foreclosure auction.