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Live, Work, and Play
Like no other building on earth… or water
IDENTIFYING THE PROBLEMS
• Too Little, or Unaffordable Housing
• Too Much Displacement & Gentrification
• Too Little Public Space
• Too few Transportation Options
• Too Vulnerable to Flooding & Sea Level Rise
• Too Dependent on Unreliable Grid & Fossil Fuels
• Too Few Good Public Schools
• Too Few Supportive Services
• Too Few Flex & Event Spaces
• Too Few Diverse Retail & Exhibit Options
• Too Little Outdoor Space
THE RIVERARCH SOLUTIONS
5,330
Market Rate Apartments
23,000
Construction Jobs
2,000
Permanent Jobs
62%
Energy Self-Sufficient
100
SEDI Energy Efficiency Score (perfect)
900
Student High School
350
Seat Restaurant
420,000 sf
Gymnasium
24
Mass Transit stops within 10 blocks,
including 1 potential direct access ‘F’ train
station in Rutgers Street Tunnel.
2,300
Affordable Apartments
300,000 sf
Parks, Plazas, and a Beach
5,000,000/Year
Public Elevator River-Crossing Capacity
6,000 sf (2)
Public Observation Decks
1,024’ W X 20’ H (2)
Seawalls – DFE Compliant
85,000 sf
Event Space
928,000 sf / 52 Store
Retail Space
0
Residents Displaced (Manufacturing Zoned)
91%
Apartments with Terraces or Courtyard Access
Sites
MANHATTAN –
City-owned Pier 36
BROOKLYN – Con Ed
Farragut Substation Pier
ITEMS COMPLETED
• Full Building Model (Sketch-Up), Inside & Out
• Renderings (Indigo Renderer)
• 3 Dozen Spreadsheets: Pro Forma, Apt. Layouts, etc.
• NYSERDA Buildings of Excellence Entry (2021)
• Formed Initial Team
• 3-minute Fly-through Video http://bit.ly/Riverarch
• Headlined Article in The Broadsheet: http://bit.ly/BroadsheetRA1
• Received Legal Opinion: Need Zoning Text Amendment, State & Federal
Permits
• Independent Energy Analysis: 100 SEDI Score, 62% Off-Grid advances
project towards NYC 2040 100% Clean Energy & 2050 100% Carbon Neutral
goals. Project may be closer to goals by build time.
• Met with: DCP (3X), Mayor’s Office, Manhattan & Brooklyn Borough
President’s Offices, etc.
• Posted Project on 7 Startup Funding Websites
• Formed RiverArch Ventures LLC
THE TEAM
• Scott Baker – CEO/Founder/Originator: RiverArch Ventures LLC
• John McClenahan – Modeler/Engineer/Sketch-Up Expert
• Emory Brooks – Developer/Founder & President: Community
Counseling & Moderation
• Tal Ged – Civil Engineer/CEO: AgriGad Ltd.
• Alan Ritchie – Architect/Managing Director: PJAR Architects
• Joe Meringolo – Project Manager/President: JSM Project
Management, LLC
• Hans Ingram – Property Manager: Star Cities Management
COMPETITION & COMPARABLES
The chart above are the
largest current and near-
term proposed supertall
neighborhood buildings.
The RiverArch would be
larger and would have more
units than all 10 buildings
combined.
RiverArch Apartment Costs: 70% Market-rate @ $2,000psf / 30% Affordable-rate @ $1,000psf
24/7 Move-in/out accommodations
Building Features & Amenities
• Dual Spacious Lobbies in Dumbo, Brooklyn and Two Bridges, Manhattan
• One stop elevator access to all dual-borough unit/lobbies
• Doorman, Concierge
• 4 10th
Floor Common Terraces
• 4 23rd
Floor indoor/outdoor Lanais
• 4 96th
Floor Greenhouses
• 2 65th
Floor Barbecue Terraces
• 100,000 sf split-level Roof Deck
• Last Foot Delivery to Unit Safe Package Cages
• Dedicated Package Rooms in Brooklyn & Manhattan
• Central Laundry Room with Extra-Capacity Machines & Concierge Dry
Cleaning
• Direct to Barge Garbage Delivery (minimal sidewalk trash & garbage trucks)
• World Class 412,000sf gym: 2 Olympic Length Pools, 1/2 mile running
track, 12 11-Story Climbing Walls
• LEED-Platinum, Never-Blackout Building with 6 off-grid power sources
• UV Sterilizing Lights Throughout (Harmless to People)
• Unobstructed East River & Harbor Views
• 4 Private 80-Person Meeting Rooms
• Bicycle Storage Rooms - 1334 bikes: Brooklyn & Manhattan
• 24-hour Security & Emergency Service in Lobbies
• Color CC/Remote World Windows in Common Areas
• 11,000sf Skylight over Gym Sandbox & 2 Palm Trees with Zipline
• Banquet Rooms for up to 40 People, Master Chef
• DFE-Compliant Floodwalls, Rainwells & Surge Pumps
• Cross-Gym Passageway between Observation Decks
• Rooftop Heliport & Astronomical Observatory
• Green Label Plus Certified carpet tile
• Pavegen Stepping Tiles for additional energy generation
• Copper/Perovskite solar energy gathering Façade
• Foundations to withstand Asymmetric Earthquakes
• Discounted Gym Membership
• 132-seat Theater
• Pet Friendly
• Teen, Senior, and Dog Centers
• Private Storage Rooms (1,228)
• Non-smoking building
• 2 Mental Health Clinics (Children & Adult)
• 2 Basement Porthole Pavilions
• Esplanades & Floodwalls protection
• 4 5-Story Living Walls
• Flex Office Spaces
• Battery Backup on Every Floor
• Storage Rooms (1,236)
• 24/7 Move-in/Move-out service
• Inside Loading/Unloading Zone
• Parking with Free Charging Stations
• Facial Recognition Security
• Event Space (85,000sf)
• LED Lighting
• Beach
• Plazas (2)
• Esplanades (2)
• Farmers Market
• Outdoor Dog Run
• Wind Turbine Wind Buffer on Roof Deck
• Observation Decks (2)
• Recycled Rainwater
• Water Turbine energy system
• Kinetic white/gray water energy system
• Full ADA Ramp access to all entrances
• Fitwel Certified
Unit Features & Amenities
• Full Office (ArchSuite only) or furnished mini-
office (Most units)
• Electrochromic Darkening Skylight/Windows
(ArchSuite only)
• Double-pane Thermal PV Solar Windows
(including snow-melt heating wires)
• Home Theater for 12 (ArchSuite only)
• Sauna/Hot Tub/Laundry (ArchSuite only)
• Gallery room (ArchSuite only)
• Shuttered Internal BR Windows (ArchSuite only)
• Inside Sun Decks (ArchSuite only)
• Shuttered Internal BR Windows (ArchSuite only)
• Inside Sun Decks (ArchSuite only)
• Upper/Lower Duplex Entrances (ArchSuite only)
• Full In-Unit Laundry (3-86)
• World Windows (virtual windows CC feed from
security cameras)
• Terraces or Courtyard access - 91% of units
• Access to ArchSuite elevators (87-96 only)
• Quartz Counters for Easy Cleaning & Safety
• 3’3
package cage & secure-lock delivery mini-door
• Water-Efficient Toilets, Sinks and Showers
• Geothermal Heat/Cool units
• Bathroom Rain Shower Heads
• Energy Star Rated Stainless Steel Appliances
• Two-tiered Electricity Bills with Discounted Rates
for Energy Savers
• Bathroom Rain Shower Heads
• Designer Bathrooms
• Post-Covid Design Standards
• 8’-18’ ceilings depending on unit
• Solar Windows (Most units)
• Electronic Door Locks
• Ample Size Full Bathrooms & Storage
• Dens (Most units)
• Fully Sprinklered per Fire Code
• Operable Windows
• Fully Equipped Kitchens with Microwave &
Dishwasher
• High Purity HVAC
• USB Outlets
• High Speed Wi-Fi
Total Development Cost:
$21,594,479,280
The RiverArch is a major
and complex building. As
currently envisioned it will
be the largest building in the
world by floor area, with
numerous innovations, some
unique to the building.
The figures presented are
conservative and assume a
60/40 debt/equity split, with
several innovation costs
expected to drop by build
time.
See the Pro Forma for a more
detailed breakdown over
time (68 months).
APARTMENT LAYOUTS & COUNTS
Yellow highlighted lines = ArchSuite (88-96). 70% market-rate units on floors 3-96, 30% affordable-rate
units only on floors 3-86.
More than 30% of 0BR-1BRs are affordable. More than 70% of 3BR-4BRs are market rate.
ArchSuite units are all market rate.
THE PLAN
Ownership and Building Rights
• Manhattan Site Ownership:
EDC, need to apply to
repurpose pier 36.
• Brooklyn Site Ownership: Con
Edison. If EDC is convinced,
negotiations will start to buy
the Farragut substation pier
when Con Edison moves
forward withtheir electric field
expansion.
• Site control or Joint
Applicationwith EDC is critical
for lobbying the city, state, and
federal authorities to build over
East River.
Construction Costs and Timeline - 68 months
• Total build costs with Financing:
$21,594,479,280
• Approvals and detailed design: 2.5 years.
• Construction: 3 years.
Unlevered Returns – 68 months
• IRR: 13.06%
• ROE: 74%
• Equity Multiple: 1.51
• Inflows: $30,730,506,770
• Net Profit: $9,136,027,490 / 30%
Potential Project Abort Conditions
• Zoning Text Amendment permitting over-
the-river Building is disallowed.
• FAR can’t include river area. Possible
workarounds: Air Rights, Subway Station,
etc. grants FAR credits.
• City can’t/won’t repurpose pier 36.
• Con Ed won’t sell their pier.
THE BUILD
Major cost and time savings can be achieved by factory-built modules and barge delivery of sections that
would be too large to deliver by truck on New York City’s notoriously crowded streets. Below is an
abbreviated scenario for early stage construction of the RiverArch. Once the lower arch infrastructure is
complete, the remaining sections can be laid on top in concentric layers and the modules placed.
THE ASK
Seed Capital for Year 1 - $5,000,000
• $400,000 – Marketing & Consulting Fee
• $250,000 – Legal: Equity Arrangement, Zoning & Variances for over-the-
river building
• $200,000 – Lobbyists and lobbying
• $100,000 – Broker to negotiate land acquisition
• $2,500,000 – Early Structural & Engineering analysis
• $150,000 – Early Redesign, Remodeling to get to PAS submission
• $150,000 – Preliminary Environmental Assessment
• $100,000 – Renderings and marketing
• $94,000 – RiverArch Ventures LLC Year 1 expenses
• $1,056,000 – Contingency (may be carried over to year 2 if unspent)
THE DEAL
Thank You
Contacts
Scott Baker – Building & Site Details ssbaker305@yahoo.com

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RiverArch Investor Summary - Sponsor.pdf

  • 1. Live, Work, and Play Like no other building on earth… or water
  • 2.
  • 3.
  • 4. IDENTIFYING THE PROBLEMS • Too Little, or Unaffordable Housing • Too Much Displacement & Gentrification • Too Little Public Space • Too few Transportation Options • Too Vulnerable to Flooding & Sea Level Rise • Too Dependent on Unreliable Grid & Fossil Fuels • Too Few Good Public Schools • Too Few Supportive Services • Too Few Flex & Event Spaces • Too Few Diverse Retail & Exhibit Options • Too Little Outdoor Space
  • 5. THE RIVERARCH SOLUTIONS 5,330 Market Rate Apartments 23,000 Construction Jobs 2,000 Permanent Jobs 62% Energy Self-Sufficient 100 SEDI Energy Efficiency Score (perfect) 900 Student High School 350 Seat Restaurant 420,000 sf Gymnasium 24 Mass Transit stops within 10 blocks, including 1 potential direct access ‘F’ train station in Rutgers Street Tunnel. 2,300 Affordable Apartments 300,000 sf Parks, Plazas, and a Beach 5,000,000/Year Public Elevator River-Crossing Capacity 6,000 sf (2) Public Observation Decks 1,024’ W X 20’ H (2) Seawalls – DFE Compliant 85,000 sf Event Space 928,000 sf / 52 Store Retail Space 0 Residents Displaced (Manufacturing Zoned) 91% Apartments with Terraces or Courtyard Access
  • 6. Sites MANHATTAN – City-owned Pier 36 BROOKLYN – Con Ed Farragut Substation Pier
  • 7. ITEMS COMPLETED • Full Building Model (Sketch-Up), Inside & Out • Renderings (Indigo Renderer) • 3 Dozen Spreadsheets: Pro Forma, Apt. Layouts, etc. • NYSERDA Buildings of Excellence Entry (2021) • Formed Initial Team • 3-minute Fly-through Video http://bit.ly/Riverarch • Headlined Article in The Broadsheet: http://bit.ly/BroadsheetRA1 • Received Legal Opinion: Need Zoning Text Amendment, State & Federal Permits • Independent Energy Analysis: 100 SEDI Score, 62% Off-Grid advances project towards NYC 2040 100% Clean Energy & 2050 100% Carbon Neutral goals. Project may be closer to goals by build time. • Met with: DCP (3X), Mayor’s Office, Manhattan & Brooklyn Borough President’s Offices, etc. • Posted Project on 7 Startup Funding Websites • Formed RiverArch Ventures LLC
  • 8. THE TEAM • Scott Baker – CEO/Founder/Originator: RiverArch Ventures LLC • John McClenahan – Modeler/Engineer/Sketch-Up Expert • Emory Brooks – Developer/Founder & President: Community Counseling & Moderation • Tal Ged – Civil Engineer/CEO: AgriGad Ltd. • Alan Ritchie – Architect/Managing Director: PJAR Architects • Joe Meringolo – Project Manager/President: JSM Project Management, LLC • Hans Ingram – Property Manager: Star Cities Management
  • 9. COMPETITION & COMPARABLES The chart above are the largest current and near- term proposed supertall neighborhood buildings. The RiverArch would be larger and would have more units than all 10 buildings combined. RiverArch Apartment Costs: 70% Market-rate @ $2,000psf / 30% Affordable-rate @ $1,000psf 24/7 Move-in/out accommodations
  • 10.
  • 11. Building Features & Amenities • Dual Spacious Lobbies in Dumbo, Brooklyn and Two Bridges, Manhattan • One stop elevator access to all dual-borough unit/lobbies • Doorman, Concierge • 4 10th Floor Common Terraces • 4 23rd Floor indoor/outdoor Lanais • 4 96th Floor Greenhouses • 2 65th Floor Barbecue Terraces • 100,000 sf split-level Roof Deck • Last Foot Delivery to Unit Safe Package Cages • Dedicated Package Rooms in Brooklyn & Manhattan • Central Laundry Room with Extra-Capacity Machines & Concierge Dry Cleaning • Direct to Barge Garbage Delivery (minimal sidewalk trash & garbage trucks) • World Class 412,000sf gym: 2 Olympic Length Pools, 1/2 mile running track, 12 11-Story Climbing Walls • LEED-Platinum, Never-Blackout Building with 6 off-grid power sources • UV Sterilizing Lights Throughout (Harmless to People) • Unobstructed East River & Harbor Views • 4 Private 80-Person Meeting Rooms • Bicycle Storage Rooms - 1334 bikes: Brooklyn & Manhattan • 24-hour Security & Emergency Service in Lobbies • Color CC/Remote World Windows in Common Areas • 11,000sf Skylight over Gym Sandbox & 2 Palm Trees with Zipline • Banquet Rooms for up to 40 People, Master Chef • DFE-Compliant Floodwalls, Rainwells & Surge Pumps • Cross-Gym Passageway between Observation Decks • Rooftop Heliport & Astronomical Observatory • Green Label Plus Certified carpet tile • Pavegen Stepping Tiles for additional energy generation • Copper/Perovskite solar energy gathering Façade • Foundations to withstand Asymmetric Earthquakes • Discounted Gym Membership • 132-seat Theater • Pet Friendly • Teen, Senior, and Dog Centers • Private Storage Rooms (1,228) • Non-smoking building • 2 Mental Health Clinics (Children & Adult) • 2 Basement Porthole Pavilions • Esplanades & Floodwalls protection • 4 5-Story Living Walls • Flex Office Spaces • Battery Backup on Every Floor • Storage Rooms (1,236) • 24/7 Move-in/Move-out service • Inside Loading/Unloading Zone • Parking with Free Charging Stations • Facial Recognition Security • Event Space (85,000sf) • LED Lighting • Beach • Plazas (2) • Esplanades (2) • Farmers Market • Outdoor Dog Run • Wind Turbine Wind Buffer on Roof Deck • Observation Decks (2) • Recycled Rainwater • Water Turbine energy system • Kinetic white/gray water energy system • Full ADA Ramp access to all entrances • Fitwel Certified
  • 12. Unit Features & Amenities • Full Office (ArchSuite only) or furnished mini- office (Most units) • Electrochromic Darkening Skylight/Windows (ArchSuite only) • Double-pane Thermal PV Solar Windows (including snow-melt heating wires) • Home Theater for 12 (ArchSuite only) • Sauna/Hot Tub/Laundry (ArchSuite only) • Gallery room (ArchSuite only) • Shuttered Internal BR Windows (ArchSuite only) • Inside Sun Decks (ArchSuite only) • Shuttered Internal BR Windows (ArchSuite only) • Inside Sun Decks (ArchSuite only) • Upper/Lower Duplex Entrances (ArchSuite only) • Full In-Unit Laundry (3-86) • World Windows (virtual windows CC feed from security cameras) • Terraces or Courtyard access - 91% of units • Access to ArchSuite elevators (87-96 only) • Quartz Counters for Easy Cleaning & Safety • 3’3 package cage & secure-lock delivery mini-door • Water-Efficient Toilets, Sinks and Showers • Geothermal Heat/Cool units • Bathroom Rain Shower Heads • Energy Star Rated Stainless Steel Appliances • Two-tiered Electricity Bills with Discounted Rates for Energy Savers • Bathroom Rain Shower Heads • Designer Bathrooms • Post-Covid Design Standards • 8’-18’ ceilings depending on unit • Solar Windows (Most units) • Electronic Door Locks • Ample Size Full Bathrooms & Storage • Dens (Most units) • Fully Sprinklered per Fire Code • Operable Windows • Fully Equipped Kitchens with Microwave & Dishwasher • High Purity HVAC • USB Outlets • High Speed Wi-Fi
  • 13. Total Development Cost: $21,594,479,280 The RiverArch is a major and complex building. As currently envisioned it will be the largest building in the world by floor area, with numerous innovations, some unique to the building. The figures presented are conservative and assume a 60/40 debt/equity split, with several innovation costs expected to drop by build time. See the Pro Forma for a more detailed breakdown over time (68 months).
  • 14. APARTMENT LAYOUTS & COUNTS Yellow highlighted lines = ArchSuite (88-96). 70% market-rate units on floors 3-96, 30% affordable-rate units only on floors 3-86. More than 30% of 0BR-1BRs are affordable. More than 70% of 3BR-4BRs are market rate. ArchSuite units are all market rate.
  • 15.
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  • 17.
  • 18. THE PLAN Ownership and Building Rights • Manhattan Site Ownership: EDC, need to apply to repurpose pier 36. • Brooklyn Site Ownership: Con Edison. If EDC is convinced, negotiations will start to buy the Farragut substation pier when Con Edison moves forward withtheir electric field expansion. • Site control or Joint Applicationwith EDC is critical for lobbying the city, state, and federal authorities to build over East River. Construction Costs and Timeline - 68 months • Total build costs with Financing: $21,594,479,280 • Approvals and detailed design: 2.5 years. • Construction: 3 years. Unlevered Returns – 68 months • IRR: 13.06% • ROE: 74% • Equity Multiple: 1.51 • Inflows: $30,730,506,770 • Net Profit: $9,136,027,490 / 30% Potential Project Abort Conditions • Zoning Text Amendment permitting over- the-river Building is disallowed. • FAR can’t include river area. Possible workarounds: Air Rights, Subway Station, etc. grants FAR credits. • City can’t/won’t repurpose pier 36. • Con Ed won’t sell their pier.
  • 19.
  • 20. THE BUILD Major cost and time savings can be achieved by factory-built modules and barge delivery of sections that would be too large to deliver by truck on New York City’s notoriously crowded streets. Below is an abbreviated scenario for early stage construction of the RiverArch. Once the lower arch infrastructure is complete, the remaining sections can be laid on top in concentric layers and the modules placed.
  • 21. THE ASK Seed Capital for Year 1 - $5,000,000 • $400,000 – Marketing & Consulting Fee • $250,000 – Legal: Equity Arrangement, Zoning & Variances for over-the- river building • $200,000 – Lobbyists and lobbying • $100,000 – Broker to negotiate land acquisition • $2,500,000 – Early Structural & Engineering analysis • $150,000 – Early Redesign, Remodeling to get to PAS submission • $150,000 – Preliminary Environmental Assessment • $100,000 – Renderings and marketing • $94,000 – RiverArch Ventures LLC Year 1 expenses • $1,056,000 – Contingency (may be carried over to year 2 if unspent)
  • 23. Thank You Contacts Scott Baker – Building & Site Details ssbaker305@yahoo.com