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The Towers
Chicago Developer Brings New Life
to Former Eyesore at 455 Central Park West
by Natalie Keith
| When
Chicago developer Dan McLean of MCL Cos. decided to pursue
a luxury condominium project on a site at 105th Street,
it raised some eyebrows. Some questioned the wisdom of
developing luxury residences north of 96th Street, and
others questioned whether he would be successful with
a site others had tried to develop and failed. But as
the finishing touches are being put on the project, Columbia
University has already spoken for half of the units in
the new high-rise portion of the project. |
How do you restore a landmarked structure built as a cancer
hospital in 1884?
Tear the roof off the building, gut the insides, pour a new
concrete superstructure and rebuild the roof. That task was
handled by the construction team of the Towers, a luxury condominium
project at 455 Central Park West at 105th Street in Manhattan.
"What a challenge," said project manager David
Gregory of Bovis Lend Lease LMB Inc. "This was definitely
an atypical building."
The $110 million project is being developed by Dan McLean
of MCL Cos. in Chicago. It will have 81 units for sale in
a new 26-story high-rise building and 17 units in a restored
four-story, chateau-style landmarked structure.
Bovis began construction on the project in December 2002
with an anticipated completion date of Aug. 30, Gregory said.
The renovated landmarked portion of the property will offer
family-sized residences, featuring circular living rooms,
as well as bedroom suites, vaulted ceilings and oversized
gothic windows.
While the interior of the landmarked building is entirely
new, the exterior was restored. Under a $6 million program,
the brownstones were recast, the façade was repointed
and decorative elements such as dormers and rosettes were
replicated, Gregory said.
The landmarked portion of the project also required building
out the round "turret" areas, which served as emergency
rooms when the building was a cancer hospital in the 1880s.
In some units, these areas are bedrooms and, in others, living
rooms. At its highest point, the ceilings are 45 ft. tall.
"They were extremely difficult to lay out," Gregory
said. "It took a lot of careful coordination between
many subcontractors."
And then there was mold that needed to be detected and mitigated.
Mold-resistant sheetrock was installed and a consultant was
hired to inspect areas for mold. When areas with mold were
found, they were immediately cut out and replaced.
"With so much litigation involving mold, we found it
very advantageous to spend $30,000 to $40,000 to hire a consultant,"
Gregory said.
The high-rise building shares a landscaped private garden
with the neighboring landmark. The residences in the high-rise
include two-, three- and four-bedroom units. Most of the floors
range in size from 7,000 to 8,400 sq. ft. and contain three
units.
Amenities include a 24-hour garage and valet parking, business
center, individual storage areas, spa, pool and fitness center.
The project was designed by architects from Rothzeid Kaiserman
Thomson & Bee and Perkins Eastman Architects PC, both
of New York. Interior finishes include engineered hardwood
floors, stainless steel appliances, granite counter tops and
cherry cabinets.
The tower was designed to relate closely with the landmarked
structure, according to Peter Bafitis, principal, Rothzeid
Kaiserman Thomson & Bee, who has been involved with the
project since the mid-80s.
"There is brick and sand stone in the landmarked building
and brick and cast stone made to look like sand stone in the
(high-rise) tower. There are slate mansard roofs on the landmarked
building and a slate roof on the tower," Bafitis said.
The interior public spaces were designed by the Rockwell
Group in New York. Among features is imported limestone from
Portugal with terrazzo pavers.
The high-rise portion of the project was constructed in a
fashion more typical of high-rise residential projects in
Manhattan. It is a cast-in-place concrete structure, poured
on a two-day pour cycle with hand-laid brick veneer, Gregory
said.
The history of the site is equally as interesting as the
construction. The Towers was originally built in 1884 by John
Jacob Astor III as the New York Cancer Hospital. Its rounded
towers were designed on the theory that germs couldn't hide
in the corners.
In the 1950s, it became the Towers Nursing Home, which was
shut down after owner Bernard Bergman was convicted on Medicaid
fraud. Developer Lewis Futterman bought it from the city for
back taxes in the mid-80s and developed plans for renovating
the landmarked property and building a new tower designed
by architect Bafitis, who was with another architecture firm
at the time. The plans were approved by the city's Landmarks
Commission.
"Back in the 80s, this was a very contentious project.
There are many people who care deeply about this property,"
Bafitis said.
In 1988, Futterman sold the approved plans to hotel developer
Ian Schrager, but Schrager couldn't get the project off the
ground because of economic conditions.
Savanna Partners bought the property from the bank in the
late 1990s to build an assisted living facility. The company
hired architects from Perkins Eastman and had the zoning changed
from residential to residential hotel.
In 1999, Savanna put the property on the market after the
company that had agreed to run the facility reneged.
When MCL Cos. purchased the property in late 2000 for a reported
$24 million, it raised a few eyebrows. Some questioned whether
buyers would be interested in luxury condominiums that far
north in Manhattan. Historically, affluent buyers have been
reluctant to purchase property north of 96th Street.
McLean said that when he purchased the property, the neighborhood
was enjoying some rejuvenation. He was also attracted to the
landmarked portion of the property.
"I thought it had great untapped potential," he
added. "The landmarked aspect of the building fascinated
me. I saw that you could create a brownstone style of living
with the amenities of a high-rise."
McLean's instincts appear to be paying off. By mid-June,
when he was interviewed for this story, he estimated that
65 percent of the units had already been sold. Columbia University
bought about half the units in the high-rise building to be
used for faculty housing.
At the time of the interview, the landmarked building interiors
had not been finished, so many of the units had not yet been
sold.
"As the summer progresses, people will be able to see
the space in the landmarked building and see how attractive
it is," McLean said.
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