Zaha Hadid Architects Unveils Design for a Supertall Skyscraper in New York
Zaha Hadid Architects has unveiled the design for a 1,400ft (426m) tall skyscraper in Midtown Manhattan, New York. It will be exactly located at 666 Fifth Avenue, which currently carries a 41-storey office building co-owned by Vornado Realty Trust Inc. and Kushner Properties, formerly supervised by Trump’s son in law Jared Kushner. The redevelopment idea for the building, which will be stripped down to its steel frame and get another 40 floors, was proposed by Kushner Properties.
The development will rebrand the property as 660 Fifth Avenue, and it will include 464,000 feet of residential space, an 11-storey hotel, and a 9-storey podium of retail space. However, the work on the new high-rise may not begin until Kushner Co. gets complete ownership of the existing building and refinance its debts. If the company manages to finish those deals before the end of this year, then demolition and construction works can be given the green light to commence by the beginning of 2019, to be completed in 2025.
Currently, Kushner Co. is negotiating with Chinese holding company Anbang Insurance Group to finance the ZHA-designed supertall skyscraper which is expected to cost up to $12 billion.