New York Times Tower - NYC, NY - Skyscrapers on Waymarking.com

Wikipedia (visit link) informs us:

""The New York Times Building is a skyscraper on the west side of Midtown Manhattan that was completed in 2007. Its chief tenant is The New York Times Company, publisher of The New York Times as well as the International Herald Tribune, and other newspapers. Construction was a joint venture of The New York Times Company, Forest City Ratner Companies—the New York subsidiary of Forest City Enterprises, the Cleveland-based real estate firm redeveloping the Brooklyn Atlantic rail yards—and ING Real Estate.

Planning and development

The building under construction in September 2006.The project was announced on December 13, 2001, entailing the erection of a 52-story tower on the east side of Eighth Avenue between 40th and 41st Street across from the Port Authority of New York & New Jersey Bus Terminal. The project, in conjunction with the Hearst Tower, represents the further westward expansion of Midtown along Eighth Avenue - a corridor that had seen no construction following the completion in 1989 of One Worldwide Plaza. In addition, the new building—called by many New Yorkers "The New Times Tower"—keeps the paper in the Times Square area, which was named after the paper following its move to the original Times Tower on 42nd Street in 1904. The New York Times Company had most recently been located at 229 West 43rd Street.

The site for the building was obtained by the Empire State Development Corporation (ESDC) through eminent domain. With a mandate to acquire and redevelop blighted properties in Times Square, ten existing buildings were condemned by the ESDC and purchased from owners who in some cases did not want to sell, asserting that the area was no longer blighted (thanks in part to the earlier efforts of the ESDC). The ESDC, however, prevailed in the courts. Once the 80,000-square-foot (7,400 m2) site was assembled, it was leased to The New York Times Company and Forest City Ratner for $85.6 million over 99 years (considerably below market value).[citation needed] Additionally, The New York Times Company received $26.1 million in tax breaks."

Building Name: New York Times Tower Structure Height: 1046 Number of Stories: 52 Year Built: 2007 Architect/Design Firm: Renzo Piano Building Workshop S.r.l./ FXFOWLE ARCHITECTS, PC Style: Post-Modern Use: Office Building Publicly accessible areas: lobby Hours: 24/7 Cost: Free Address: 620-636 8th Avenue Building Website: [Web Link] The Council on Tall Buildings and Urban Habitat (CTBUH) link: [Web Link]

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