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Hearst breaks ground on 8th Avenue tower.

Mayor Michael R. Bloomberg joined The Hearst Corporation The Hearst Corporation is a privately-held American-based media conglomerate based in the Hearst Tower in New York City, USA. Founded by William Randolph Hearst as an owner of newspapers, the company's holdings now include a wide variety of media.  President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Victor F. Ganzi for a ceremonial groundbreaking at the company's landmark headquarters, 959 Eighth Ave. at 57th St. The 42-story glass and steel expansion, designed by architect Lord Norman Foster, will be one of most architecturally advanced and environ men tally-friendly buildings ever constructed in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
. The new headquarters will also complete William Randolph William Randolph (1650 - April 11, 1711) was a colonist and land owner who played an important role in the history and politics of what became the U.S. state of Virginia.

He was born in Warwickshire, England, to Richard Randolph (1627-1671) and Elizabeth Ryland (1625-1670).
 Hearst's vision for a world-class tower at the site.

The original structure was designed by Joseph Urban and George B. Post George Browne Post (December 15, 1837 – November 28, 1913) was an American architect trained in the Beaux-Arts tradition. Post was a student of Richard Morris Hunt (1858-60), but unlike many architects of his generation, he had previously received a degree in civil  & Sons in 1927 and built by W. R. Hearst in 1928. The expansion will permit Hearst to consolidate its New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 operations and ensure that its 1,800 employees remain in New York City.

"I congratulate The Hearst Corporation as they embark on what will be a stunning new addition to the New York City skyline," said Governor George E. Pataki, who could not attend the event. "Hearst and its planned headquarters are fitting symbols of the strength, permanence and innovation of New York. It is successful companies like Hearst that have helped to make New York the global capital it is today."

Added Mayor Bloomberg, "One of New York City's most valuable assets and one of its most defining character traits is its unrivaled intellectual and creative capacity. I believe that is why. Hearst is making such a major commitment to the city and why corporations such as Hearst, which is driven by its human assets, are one of the city's greatest selling points."

"This day represents the dawn of a grand new era for The Hearst Corporation," said Ganzi. "This vital expansion ensures that we can continue to flourish in our New York City home. Our founder William Randolph Hearst envisioned his company as a vital component of a thriving media, communications and cultural center in the Columbus Circle Columbus Circle, named for Christopher Columbus, is a major landmark and point of attraction in the New York City borough of Manhattan. Completed in 1905 and renovated a century later, it is located at the intersection of Broadway, Central Park West, Central Park South (59th  area. Construction of our headquarters tower will turn his dream into a reality."

The tower is designed by Lord Norman Foster (of Foster and Partners, London), a Pritzker Prize-winning architect whose impressive body of work includes renovation of the British Museum British Museum, the national repository in London for treasures in science and art. Located in the Bloomsbury section of the city, it has departments of antiquities, prints and drawings, coins and medals, and ethnography.  and reconstruction of the Reichstag in Berlin. Lord Foster was chosen for this, his first project in New York City, for a number of reasons including his expertise in melding historic and modern architecture.

"The Hearst tower There are two buildings named Hearst Tower:
  • Hearst Tower (New York City)
  • Hearst Tower (Charlotte, North Carolina)
 expresses its own time with distinction, yet respects and strengthens the existing six-story historical structure," said Lord Foster. "The tower is lifted clear of its historic base, linked on the outside only by columns and glazing, which are set back from the edges of the site. The transparent connection floods the spaces below with natural light and encourages the impression of the new floating above the old."

In its effort to introduce a truly 21st century headquarters to New York City, the Hearst Corporation has designed a headquarters building that will be one of the most environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1]  high rise buildings ever constructed. From the project's inception, Hearst has set as its goal the attainment of LEED certification (or Leadership in Energy and Environmental Design The Leadership in Energy and Environmental Design (LEED) Green Building Rating System, developed by the U.S. Green Building Council, provides a suite of standards for environmentally sustainable construction. ) from the U.S. Green Building Council. The "green building" designation is bestowed upon those projects that employ pioneering solutions in a quest to fully utilize renewable sources of energy while offering substantial reductions pollution and energy consumption.

Tishman Speyer Properties Tishman Speyer Properties is a leading real estate building and operating company set up in 1978 by two founding partners, Jerry Speyer and Robert Tishman. Overview , as the development manager, is coordinating the, planning, design, approval,, permitting and construction processes on behalf of The Hearst Corporation.

"The new Hearst Tower makes a bold statement, not only in terms of its sophisticated, and dynamic design, but also in the confidence it expresses in our city," said Jerry I. Speyer, president and CEO of Tishman Speyer Properties. "In moving forward with this project so shortly after 9/11, Hearst sent a message to the world that the business community remains committed to and positive about New York City's future prosperity."

In addition to construction of the tower, Hearst will implement a series of much-needed and long-delayed public improvements to the Columbus Circle 59th Street subway station, which serves 100,000 subway riders a day. Specifically, Hearst will construct a new entrance, install and maintain three elevators, reposition turnstiles and add or move stairwells, which combined will substantially improve circulation and accessibility, especially for disabled riders. The subway work will commence in tandem Adv. 1. in tandem - one behind the other; "ride tandem on a bicycle built for two"; "riding horses down the path in tandem"
tandem
 with the aboveground construction and will, be completed prior to the opening of Hearst's renovated headquarters building.

Contributors to the Hearst project include: Foster and Partners -- design architects, Adamson Associates -- associate architects, the Cantor Seinuk Group -- structural engineers, Flack and Kurtz -- mechanical engineers, and Turner Construction - construction manager.

Hearst has already begun the process of temporarily relocating its employees out of 959 Eighth Ave. to prepare the site for construction. Completion and move-in is slated for 2006.
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Title Annotation:Hearst Corp
Publication:Real Estate Weekly
Geographic Code:1U2NY
Date:May 21, 2003
Words:794
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