The most expensive apartment closing in New York City this year and one of the priciest sales ever is finally a done deal, reports The Real Deal. The apartment, the top penthouse at Rafael Viñoly-designed billionaire’s bunker 432 Park Avenue, is the priciest unit in the big-ticket building as well as being literally the city’s highest. As 6sqft previously reported, the buyer is Saudi retail magnate Fawaz Al Hokair. The sale price was $87.7 million—a skyscraping $10,623 per square foot.
111 West 57th Street
Gray silhouettes from left to right: Shanghai World Financial Center, CTF Finance Centre, One WTC, Lotte World Tower, Mecca Royal Clock Tower, Shanghai Tower, Burj Khalifa. Click link here to enlarge >>
As the Skyscraper Museum so aptly writes, “Tall and BIG are not the same thing.”
Echoing 6sqft’s recent post on global supertalls, the infographic above illustrates how when the height of New York’s tallest towers are stacked up against the sky-high constructions abroad (and 1 WTC), our city’s skyscrapers truly are “runts on the world’s stage.” The image also reveals that not only do these towers lack significantly in height, but also in girth. This means what really makes the design of all of New York’s new skyscrapers so unique is not how tall they are, but rather, how slender they are.
Here’s a new set of images of Property Markets Group‘s and JDS Development’s 111 West 57th Street. In case you haven’t been paying attention, the highly-anticipated tower will be among the tallest residential skyscrapers in the world, climbing some 1,421 feet high to its tip. Designed by SHoP Architects, the feathery spire is sheathed in terra cotta, bronze and a glass curtain wall. The tower will be the most slender skyscraper in the world with a height to width ratio of 24:1.
While it seems like every block in the city is host to a construction site throwing up some luxury condo building or pricey rentals, not all of these developments are created equal. Following up on their last infographic which rounded up the city’s top five most expensive new developments, the data gurus over at CityRealty have culled an even more extensive list which pinpoints the 12 priciest structures going up right now. While the number of zeros that follow their combined $20,000,000,000 sellout will make your head hurt, what’s even more mind-boggling is that these 12 buildings alone will count for nearly HALF of the money that’ll be generated by the 200+ condo projects underway in Manhattan.
Last week, 6sqft brought you an up close and personal look at 111 West 57th Street’s exterior facade mock-up, and now Property Markets Group (PMG), who is co-developing the super-tower with JDS Development Group, posted a nifty interactive panorama of the building’s out-of-this-world views.
Rising from the heart of Billionaires’ Row (New York’s very own Mount Olympus and preferred residence of our anonymous overlords), the building is 80 stories and 1,438 feet high and is nearly perfectly on axis to Central Park–an egotistical perk that Extell’s Central Park Tower and Macklowe/CIM Group’s 432 Park aren’t granted despite having higher apartments.
Last month, JDS Development wowed us with an image showing a visual curtain wall mockup of their super-tower underway at 111 West 57th Street. Now the Michael Stern-led development team in partnership with Property Markets Group has released a new video and a handful of images to keep our mouths watering for what is poised to become New York’s most daring skyscraper in generations.
Designed by the local talents at ShoP Architects, the tower has already nervously impressed us with its extraordinary height of 1,438 feet and its jaw-dropping slenderness (a ratio of 1:24). Now that its engineers, the WSP Group, and the Times have thoroughly convinced us that the building will not fall over, we can focus our attention on the tower’s elegantly detailed facade, composed of a feathery mix of terra-cotta, bronze, and glass. A recent video posted by JDS provides us with more glimpses of the cladding, a time-lapse video of how the facade will transform throughout the day, as well as some behind-the-scenes insight of the extraordinary undertaking involved to sheath this future landmark.
Rendering versus reality? SHoP can certainly boast that the real thing will look as good, if not better, than the drawings they’ve put out. Yesterday afternoon, JDS Development Instagrammed (h/t Curbed) an amazing shot of a scale model facade of their ultra-skinny tower going up at 111 West 57th Street. The mockup features the same materials and finishes that will be applied to the actual construction, and by any stretch of the imagination, if you multiply this beauty’s terracotta, glass, and bronze filigree to its 1,428-foot potential, it will certainly be one of the city’s most striking buildings. Who says architects don’t care about detail anymore?
The possible skyline in 2018, via CityRealty
In the past, it was street names like Park Avenue and Central Park West that signaled a building’s wealth and prestige, but these days it’s gotten confined to a much shorter thoroughfare, 57th Street. Appropriately dubbed Billionaires’ Row, the stretch has gotten much heat lately for its influx of supertall towers casting shadows on Central Park just to the north.
Three of the towers in this sky-high lineup belong to Extell Development: the under-construction Nordstrom Tower at 217 West 57th Street, which will be the tallest residential building in the world when completed; 111 West 57th Street; and everyone’s favorite One57. But now, as Crain’s reveals, Extell is looking to expand its 57th Street portfolio with the site of the current Calvary Baptist Church and the Salisbury Hotel at 123 West 57th Street, on the same block as 111 West 57th and One57. As the paper reports, the church “will soon decide whether it will sell its sanctuary and 197-room hotel” to the developer.
Hot on the heels of last week’s release of a new teaser site and rendering showing just how tall, slender and skyline-changing SHoP Architect’s new tower at 111 West 57th Street will be, comes brand new renderings of the exterior and, for the first time, a look at the interiors. The images, uncovered by YIMBY, show the bronze and terra cotta supertall’s elegant column-free spaces, as well as the incredible unobstructed views afforded by its 1,428 feet.
Rendering via Hayes Davidson and SHoP Architects
“111 West 57th Street defines the idea of a modern classic: a residence whose timeless design evokes the prewar Golden Age of Manhattan skyscrapers, while also delivering high-technology performance, 21st century engineering, and contemporary comfort without compromise.” This is the text from 111 West 57th Street‘s new teaser site. The webpage for the will-be world’s skinniest tower is accompanied by a new rendering, which makes the SHoP-designed supertall appear even more dominant in the skyline than previously envisioned and tacks an additional seven feet onto its height, bringing it to 1,428 feet.
Poised to become the world’s skinniest tower and one of the hemisphere’s tallest, it’s no wonder that 111 West 57th Street will ask around $100 million for its condos, not to be outdone by other nine-digit supertalls like 220 Central Park South’s $175 million penthouse, the $150 million penthouse at the Sony Building, and One57′s record $100 million sale, which currently holds the title for the most expensive unit ever sold in the city.
Curbed has uncovered filings with the Attorney General’s office that show the preliminary price list for the SHoP-designed 1,421-foot tower, which is being developed by JDS Development Group and Property Markets Group. The records indicate that there will be condos in the landmarked Steinway Hall, as well in the tower addition. “The ‘landmark units’ will be smaller and cheaper, starting at $1 million for a studio, while the ‘tower units’ will start at $13 million for a three-bedroom.”
That’s a lot of accolades for one building, but the SHoP Architects-designed tower at 111 West 57th Street is looking to sweep the supertall competition. Originally planned to rise 1,397 feet, the tower will now soar to 1,421 feet, surpassing 432 Park Avenue (the current tallest residential building in the Western Hemisphere) by 24 feet, according to city records uncovered by Crain’s. It will also retain its title as the world’s slenderest tower.
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- Robert Pattinson checks out a $20M Chelsea penthouse with drive-in elevator.
- The city wants to up the mansion tax to raise funds for affordable housing.
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Move over 432 Park, there’s a taller, slimmer and sexier ultra-luxury residential tower coming to Midtown. At the Municipal Art Society’s 2014 Summit for NYC, Simon Koster, Principal at JDS Development Group, provided the audience with a compelling presentation on how our ideals can serve as the basis in how we shape our city. The restored crown of Stella Tower, the East River mega-rental project at 616 First Avenue, and 111 West 57th Street’s discretionary approval by the Landmarks Preservation Commission were used as relevant examples.
And the 57th Street project really caught our eye. The 1,400+ foot tower will also become the slimmest building in the world with a slenderness ratio of 1:23. Its narrow profile and stepped crown evoke the romantic art-deco towers of the 1920s and ’30s and other timeless city landmarks. SHoP Architects are the designers and WSP Group are the engineers/magicians making sure things remain upright.
It seems like every week a new residential skyscraper is being announced in New York City, just earlier this week the New York Times noted that a partnership between Steven Witkoff and Harry Macklowe is moving ahead with a redevelopment of the Park Lane Hotel at 36 Central Park West with an 850-foot tower.
With the mind-boggling amount of residential spires poised to pierce the sky, here’s a quick rundown of the tallest of the tall–the spindly bunch set to soar higher than 700 feet. Keep in mind that just 30 years ago, the tallest residence in the city was perched atop the 664-foot Trump Tower. Today, buildings are on the drawing board for more than twice that height.