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New Developments In The News

JULY 28, 2008






Things are looking up at the Port Authority Bus Terminal, 254 Park Avenue South is ready for buyers and Donatella welcomes you to the club.
The Port Authority of New York and New Jersey has released renderings by top entrants in a design contest for the 1.3-million-square-foot office tower that will rise above the familiar Port Authority Bus Terminal at Eighth Avenue and 42nd Street. Winning designs included a notched tower with exterior bracing and glass-enclosed escalators from the architecture firm of Rogers Strik Harbour + Partners, a dramatic glass-covered rectangle with a basket-weave design from Pelli Clarke Pelli, and a segmented glass-clad tower rising from a setback base from Kohn Pederson Fox. The Port Authority also announced an agreement with the St. Nicholas Greek Orthodox Church to allow the 92-year-old church to be rebuilt near its former location at the World Trade Center site.

Sales have started at the stately corner residence at 254 Park Avenue South. Liebherr, Bosch and Sub-Zero kitchen appliances, ebony-stained cabinets, 14-foot ceilings and nearby Gramercy Park are likely to entice buyers to call the recently-converted pre-war condominium home.

The Versace design house will lend their unique touch to the interiors at The Clock Tower condominium (The former Met Life Company clock tower at Madison Avenue and 24th Street.). Versace will design the apartments' interiors and a spa; La Donatella herself will be adding her special eye for flash-and-trash to a club in the 700-foot tower. She won't have to rush—the planned move-in date for the building is February of 2010.

To keep up-to-date on all the New Developments around the city, check out the New Developments and New & Noteworthy sections of CityRealty.com.