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Avi Forman Nicky Chang Marcus Addison Hooks


East River site panorama


public open space + residential development


$4,579psf

2010 value of central park west

access to open space increases real estate value


60%

of New York State’s adults are overweight or obese

access to open space promotes public health


Pedestrian, Bikes and Bridges


STOOP CULTURE


Setback Rules


Vertical Cores + Street Life


Vertical Cores + Street Life, continued


1.9 kilometers in length and representing merely 4 % Only

of the total greenway, this missing link is a major deterrent to users.


existing public open space near the site


connecting existing public open spaces


? understanding the scale


scale: 4 Manhattan BLocks


scale: 4 Manhattan BLocks


scale: 5 Queens BLocks


scale: 5 Queens BLocks


0.5 miles =10 min walking distance = 3 min on a bike = 3 cross town bus stops = 1 stop on MTA subway = 1.5 min water taxi ride

understanding the distance


15 degrees grid difference

between Manhattan and Queens

connecting the grid


Grand Central

4th Ave

Chrysler Bldg

3rd Ave

Ford Foundation

Tudor City

2nd Ave

1st Ave

United Nation Plaza + Office

FDR

Queensboro Bridge

Steven Holl Library

P.S. 78

Center Blvd 5th Street Urban Context in Section


2800 feet / 850 meters 4 Manhattan blocks

total length of crossing

Urban Context in Section


1. 2. 3. 3 touch downs minimize disturbance of waterflow


1. Manhattan - 42nd Street


1. Manhattan - 42nd Street


FDR drive

1. Manhattan - 42nd Street


FDR exit

1. Manhattan - 42nd Street


1st Ave

1. Manhattan - 42nd Street


42nd Street

1. Manhattan - 42nd Street


UN Plaza

1. Manhattan - 42nd Street


Queensboro Tunnel 1. Manhattan - 42nd Street


Exhaust Tower

1. Manhattan - 42nd Street


2. U-Thant Island


2. U-Thant Island


3. Queens - 48th Ave


3. Queens - 48th Ave


Long Island Gantry

3. Queens - 48th Ave


3. Queens - 48th Ave

Gantry Plaza Piers


48th Ave 3. Queens - 48th Ave


3. Queens - 48th Ave

existing residential development


Steven Holl Library

3. Queens - 48th Ave


1st ave tunnel

FDR

U-Thant Island

Gantry Plaza State Park

Queens Midtown Tunnel Touchdowns in Section


500 feet min navigation channel for cargo traffic

Boat Traffic Clearance


UN in Assembly

500 feet min navigation channel for cargo traffic

Boat Traffic Clearance


90’-0” clearance for recreational yachts

130’-0” clearance for boats w/ high beams

Boat Traffic Clearance


east river tidal range[daily] MHHW +6.5’ MLLW +0.0’

98’-6” clearance for recreational yachts

138’-6” clearance impact of sea level rise [2050] for boats w/ high beams

+2.0’ NYC projection

Boat Traffic Clearance


98’-6” clearance for recreational yachts

138’-6” clearance for boats w/ high beams

Under Arch Minimum


98’-6” clearance @ 1:12 slope = 1182’ run

138’-6” clearance @ 1:12 slope = 1662’ run

Road Maximum Slope


350’-0” height limit [approx. 1200 units]

Road Maximum Slope


Project Sillouette


Bike Path + Green Belt


Public Rapit Transit


Water Taxi Hub


new 7 train metro stop


Anchor Stores


Park Level Shopping


35,000 sqft

Cultural Program


vertical circulation


One Typical Bay


200’-0” center

Structure + Circulation


Public Park + Private Terraces

Green Scape


commercial + residential lobby 11B>

Commercial + Lobby


1/3

rentals

Rental Units


2/3

condos

Condos for Sale


1 Bedroom Condos

no. of units total: 500 average aera: 900 sqft

1 Bedroom Condos


2 Bedroom Condos

no. of units total: 400 average aera: 1050 sqft

2 Bedroom Condos


3 Bedroom Condos

no. of units total: 200 average aera: 1400 sqft

3 Bedroom Condos


Penthouses [4+ bedrooms] no. of units total: 25 average aera: 2200+ sqft

Penthouses [4 Bedrooms]


DURST BIG STUDIO: 42ND STREET BRDIGE PROPERTY DATA Name Location Zone Length (Linear Feet) Construction Cost PLF

42nd St Bridge East River N/A 5000 Steel 1300

VALUATION ASSUMPTIONS Man. Bridge Cost (adjusted for in $                   743,000,000 Man. Bridge Length (meters)                                   5,900 Man. Bridge Cost PLF $                           125,932 Queens. Bridge Cost (adjusted) $                   431,000,000 Queens. Bridge Length                                   3,723 Queens. Bridge Cost PLF $                           115,767 Average Cost PLF $                           120,850

EXPENSE DATA Bridge Length Base Cost PLF Base Construction Cost Added Cost Per Unit Total Added Cost Bridge Cost PLF Yearly Operating Costs Total Bridge Cost

5000 $                        120,850 $                604,247,645 $                        750,000 $             1,068,750,000 $                        334,600 $                    2,000,000 $             1,672,997,645

RENTAL SPECS Percentage of Total # of Studios Annual Studio Rent # of 1 Bedrooms Annual 1 BR Rent # of 2 BR Annual 2 BR Rent Total Rental Units Total Annual Income

1/3 100 $                         18,000 100 $                         24,000 100 $                         30,000 300 $                   7,200,000

CONDO SPECS Percentage of Total # of 1 Bedrooms 1 Bedroom SF # of 2 Bedrooms 2 Bedroom SF # of 3 Bedrooms 3 Bedroom SF # of Penthouses Total Units Penthouses SF Total SF Average PSF Condo Revenue

2/3 500 900 400 1050 200 1400 25 1125 1800                1,195,000 $                      2,000 $      2,390,000,000

Yearly Proforma 0 Income From Condo Sales Income From Rental  (less) Vacancy Actual Income (less) Operating Expenses NOI (less) Capital CFAC

Pre Debt IRR

1

2

3 $                    796,666,667 $                         7,200,000 $                                               ‐ $                                    ‐ $                           (360,000) $                                               ‐ $                                    ‐ $                    803,506,667 $                                               ‐ $                                    ‐ $                       (2,000,000) $                                               ‐ $                                    ‐ $                    805,506,667 $                              836,498,823 $                   836,498,823 $                         1,000,000 $                            (836,498,823) $                  (836,498,823) $                    804,506,667

4 $                796,666,667 $                    7,200,000 $                      (216,000) $                803,650,667 $                   (2,000,000) $                805,650,667 $                    1,000,000 $                804,650,667

5 $            796,666,667 $                 7,200,000 $                   (216,000) $            803,650,667 $               (2,000,000) $            805,650,667 $                 1,000,000 $            804,650,667

6 $                               ‐ $                   7,200,000 $                     (216,000) $                   6,984,000 $                  (2,000,000) $                   8,984,000 $                   1,000,000 $                   7,984,000

7 0 $               7,200,000 $                 (216,000) $               6,984,000 $              (2,000,000) $               8,984,000

8 0 $              7,200,000 $                (216,000) $              6,984,000 $             (2,000,000) $              8,984,000

16%

Performa


12 1.1 M bays

total sqft

One Typical Bay


THE GAME PLAN 4/20 - 4/26/2012


The Bridge - BIG, Durst, Yale School of Architecture Studio