Park Avenue Armory, Casca, Frampton Tolbert discussed on All Of It
They aren't as advanced as some buildings. I think you know, they've regarded as a very futuristic thing. But it's a little bit of a slightly dated development model. I didn't know this. They explain it's like, well, we think it's going to be really a millennium workforce millennial workforce it cetera. And but millennials tend to like, you know, like warehouse buildings in, you know, down in this part of town, you're surrounded by tech here, right? And they kind of like that environment of being in the city, and this is much sleeker with these very glassy super tall buildings and the big mall, which is actually no matter what they say. It's like, it's an experience. It's a new malls been re conceived. It's really it's a mall, the malls are kind of old school. You're absolutely right. Yeah. So whether I am not a retail expert, whether it has the makes that's really attractive to a lot of people. Well, we'll see. I mean, it's gigantic and has like I think something like thirty places to eat in it. So that's not bad. Well, that's lovely. I'm, but you know, we can't talk about that big development without talking about housing. What are the price ranges of the apartments that are there? And is there any affordable housing and that structure? Yeah. Because they got tax breaks. They did do some affordable housing. I think about one hundred units there's not that much housing in this piece of it. It's mostly offices. That'd be I can part will be more do more for housing. So ultimately. It's gonna have four thousand units of housing of which I believe twenty percent will be affordable. Of course, there's a real range from what some of us would not exactly affordable. But is the low market range that I've seen so far runs on the low end from five million dollars to two hundred forty million dollars. If you're purchasing an apartment the rentals I've seen are upwards of five grand. So. Yeah. Casca say affordable. That's the market. Those are the market. Okay. Well, actually, they're called below market housing. I don't even know if they're referred. Yes. Affordable. Yeah. Some of it is I think that was my term, okay would say affordable. I like below market because it sort of says, okay? If market is, you know, five thousand dollars a month and below market is three thousand dollars a month. But that's still not affordable. No, I appreciate your call. That's really what I'm talking about. There are some very inexpensive unit, but you're gonna have to get into this lottery, which has already been done. And you know, they'll have as happens with these these things, you know. Fifty thousand applicants for one hundred department Mike and don't get me started about how complicated it is to figure all this out. Unnecessarily? So, but that's not the developers fault. That's the way it's done. Right. But I got very nice tax breaks and got more ability to build more space because of including affordable units. That's how they get some deal. That's how it's done here in New York nowadays. Yes. Can you talk a little bit about this thing called the shed? This is like a culture a cultural venue. That's part of the project. What what is it? Exactly. Well, I called it a cultural venue looking for a reason to exist, and they found it relatively recently. But really having a cultural facility was mandated from the beginning development, really to make it more diverse than just offices and restaurants and it really expensive apartments. So the shed developed over time as this venue for all of the arts to come together. So it's exhibition. It's performance. It's different kinds of performance. And you know, and big giant spectacles a little bit. Like, they do in the Park Avenue armory. Because that's because it is this big shed like structure, that's covered. It's it's like a exploded railcar giant railcar because it actually rolls back and forth. And so the idea is when it's when it's rolled out. You can have big things like art fairs or flower shows, or you know, theatrical spectacles that involve huge numbers of people. And then when they're not using it, then they push it back, and it's also kind of wired, it's very high Talia space. So it can detract all kinds of high tech. I guess they tried to make it as flexible as possible. So that you can do any kind of event in any of the you can have an exhibit in a space one day. And then you can have a dance performance the next, you know, they can do the idea is to make it very flexible, that's kind of cool kind of like Manhattan answered a bam or something like that. You know? Yeah. Well, I think Tekere ban lot like the bam wants to be part of part of it for now. I've heard the philharmonic wants to be part of it. I don't think it's a real acoustical yet. As of that kind something that a Raleigh train car doesn't sound like it would be. Acoustically? Nice. I'm is it possible. Do you think that some of the housing that's available? There might end up being more investment properties for people as opposed to a real lived in space. Yeah. Happens to all especially the high end housing. I mean, if you're spe if you're spending twenty let's say twenty million for an apartment, then you have many houses. So this is only one of your houses and to get the tax break of owning it you have to be here for X number of days a year. I forget what it is. But yeah, these people regard them as investment properties. They regard them as places to launder money, which has been revealed. And a lot of press reported math, not always the nicest people are buying into these things. But yeah, I mean in terms of are these people going to be the ones activating this place. No, they're not it's going to be the people coming to the public space and coming to the mall, and and all that. That's what's gonna make. If it's if it becomes lively and fun and desirable. That's what's going to do it. James russell. Thank you so much for giving us, some background, and unpacking. What is Hudson yards for us here today? I really appreciate that. You're welcome. After the break. We're gonna continue our our on architecture with Frampton Tolbert of the queen's modern project. This is all of it on WNYC. Don't go away. We'll be right back..