Neveloff, Canter and Stulbach Work on Developing Time Warner Center

The former New York City Coliseum site was recently purchased for $345 million, and construction of the Time Warner Center at Columbus Circle is targeted to begin during the summer of 2000. 

The $1.7 billion development of the premier mixed-use complex will feature two 55-story, 750-foot-high towers overlooking Central Park. The site will link midtown Manhattan with the upper West Side and will include 203 luxury condominiums, a five-star luxury hotel, shops and restaurants, 193,000 square feet of office space, and  548 parking spaces. 

This facility will be AOL-Time Warner's World Headquarters. It also will be the home of Jazz at Lincoln Center, and it will house state-of-the-art digital television production and broadcast facilities for live transmissions by CNN. 

Kramer Levin partner Jay Neveloff and attorneys Jonathan Canter and Marlene Stulbach have been working on the development of the site, which is expected to be completed in 2003.