Before the stretch became known as Billionaires’ Row, Al Pacino called 301 West 57th Street home. The Oscar-winning actor, best known for his roles in “Scarface” and “The Godfather,” lived in different units in the building between 1988, when the building was built, and 2013, including a 14-floor corner condo that just hit the market for $2.7 million, reports the Post.
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Image © 6sqft
A group of New Yorkers who live near Billionaires’ Row, an area with some of the most expensive residences in the world, filed a lawsuit on Monday to block a homeless shelter from opening in the Midtown West neighborhood. The West 58th Street Coalition sued New York City to stop the conversion of the old Park Savoy Hotel at 158 West 58th Street into a homeless shelter for men, a plan announced by Mayor Bill de Blasio in February.
The coalition claims the shelter, which would house 140 single men, would have “an enormous impact on our densely populated, narrow, high-pedestrian-traffic street.” While describing themselves as a group of “compassionate New Yorkers,” the Change.org petition says instead of the city paying $50,000 per person to stay at the Park Savoy, “a homeless man could have his own apartment, living in the neighborhood where he came from.” The new shelter sits behind One57, a known for the city’s most expensive residential sale ever: a penthouse that sold for $100 million in 2015.
The building name might be coincidental, but it’s certainly no fluke that the late Robert Osborne‘s historic apartments at the Osborne co-op are perfectly preserved and decorated impeccably. Best known for his 20+ year run as the host of Turner Classic Movies and as the author of the official history of the Academy Awards, Robert moved into the Midtown West building in 1988 after Carol Burnett mentioned a friend was selling a residence there. He told the Times in 2006, “I was interested that there was a building called the Osborne spelled the same way I spell my name,” and so he toured that unit with Bette Davis. This became the first of three homes he’d purchase in the co-op, and as of today, all three of these are on the market–a one-bedroom unit on the third-floor asking $1.25 million, a second-floor one-bedroom asking $725,000, and a much smaller one-bedroom on the first floor asking $575,000.
Renderings via The Eugene
Between the adjacent mega-developments Hudson Yards and Manhattan West, the far west side is banking on becoming a city within a city. And if this amenity-rich lifestyle appeals to you, here’s a chance to get in on the action for less. Starting tomorrow, the second phase of the affordable housing lottery at Manhattan West’s massive rental the Eugene will be open for 103 low- and middle-income apartments, ranging from $613/month studios to $2,519/month two-bedrooms. Designed by Skidmore Owings & Merill (SOM), the 62-story glass tower at 435 West 31st Street offers amenities like a rock climbing wall, “sky lounge,” pet spa, and fitness center. These are in addition to Manhattan West’s two-acre public park and 240,000 square feet of curated food, retail and other pop-up events
Rendering via BIG
Instead of razing and redeveloping its 2 Penn Plaza office tower, Vornado Realty Trust said on Tuesday it will simply renovate the building. As Commercial Observer reported, the company’s CEO, Steven Roth, said earlier plans of demolishing the 31-story tower and grabbing 5 million square feet of development rights from Madison Square Garden to build a bigger tower, would not be feasible. Moving forward with option B, Vornado will likely stick with designs from Bjarke Ingels Group. More than two years ago, BIG revealed renderings that showed a wave-like canopy of glass panels that would envelope 2 Penn Plaza above the retail entrances on the ground floor.
Not only do the Mets have a winning record on the field to star the season, but their star pitcher Noah Syndergaard is racking up the runs when it comes to real estate. Last year, he rented at Midtown’s swanky MiMA tower, and now Curbed reports that he’s spending this season just a few blocks west on 42nd Street at the pro athlete-filled Sky, the largest rental in NYC. Not only does fellow Mets pitcher A.J. Ramos live there, but so do Knicks stars Kristaps Porzingis and Sasha Vujacic. Plus, the building has a Carmelo Anthony-designed NBA regulation-sized basketball court and 70,000-square-foot recreation facility.
Rendering via Tishman Speyer
With an anchor tenant and necessary financing secured, Tishman Speyer announced on Tuesday plans to officially begin construction this June on Bjarke Ingels’ 65-story office tower planned for Hudson Yards, the Spiral. The developer has reached a deal with Pfizer, a biopharmaceutical company, for an 800,000 square-foot lease at the Spiral, and has secured funding for the $3.7 billion project. The Spiral will reach 1,031 feet high and boast a facade of cascading landscaped terraces and hanging gardens. The tower will spread an entire block, stretching from West 34th to West 35th Streets and 10th Avenue to the Hudson Park and Boulevard.
Recognizing life sciences as New York City’s next largest growth sector, Vornado Realty Trust and Related Companies hope to attract tech companies to the redevelopment of the James A. Farley Post Office. The joint venture will develop 850,000 square feet of commercial space, with roughly 730,000 square feet set aside for office space. The developers, which have a 99-year lease, are seeking biotechnology and pharmaceutical businesses as tenants, according to the Wall Street Journal. The team has hired a Boston-based broker with experience in the life-sciences real-estate market and has also created a brochure with possible designs for laboratory and office space. The brochure is titled “Moynihan Research Center at Farley.”
Photo outside Penn Station via Maciek Lulko/Flickr
Less than one week before the state’s deadline to adopt its budget, Governor Andrew Cuomo proposed the “New York Pennsylvania Station Area Redevelopment Project,” a state-controlled development area around Penn Station. In the constant one-upmanship between Cuomo and Mayor Bill de Blasio, this would give Cuomo control over one of Manhattan’s top name-brand landmarks, according to a draft proposal acquired by Politico.
Imagine a future Midtown West with state-of-the-art retail and office towers, an abundance of open green space and an attractive, efficient transit station. While plans to bring all of that is in the works, it could be years away from becoming reality. As CityRealty learned, one of the neighborhood’s busiest developers, Brookfield Properties, is giving us a preview of what the area will eventually look like, with new renderings for its expansive, six-building Manhattan West project. Plus, the developer also created a CGI video that provides a virtual tour of the Empire Station, the hall currently undergoing renovations at Penn Station.