Image: Moso Studio
The penthouse atop the Flatiron District‘s tallest tower, Madison Square Park Tower at 45 East 22nd Street, has gained a floor and nearly doubled in price. The 7,000-square-foot duplex was listed in 2017 for $48 million. Now, Mansion Global reports, the stunning residence 777 feet above the ground has gained a floor, measures over 15,000 square feet and is about to return to the market at $77.7 million, making it one of the most expensive listings in the city.
Interiors and amazing views ahead
Who would have thought the most alluring residential skyscraper addition to the city’s post-recession boom would not rise in Midtown, near its overly-discussed Billionaires’ Row, or near the city’s historical skyscraper center, the Financial District, but rather smack dab between the two at 45 East 22nd Street in the Flatiron. Overlooking Madison Square Park and its turn-of-the-century engineering marvels–the Flatiron Building and Metropolitan Life Building–the svelte glass spire has fully ascended to its full 65-story, 777-foot peak.
A malnourished baby on the world stage, the building’s height is less than a third of the world’s tallest building and will contain a paltry 83 condominium units priced from $2.5 million for a one-bedroom to $38 million for one of its two penthouses.
More on the building this way
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.
more on all that here
Carter Uncut brings New York City’s latest development news under the critical eye of resident architecture critic Carter B. Horsley. Ahead, Carter brings us his eighth installment of “Skyline Wars,” a series that examines the explosive and unprecedented supertall phenomenon that is transforming the city’s silhouette. In this post Carter looks at the “stray” supertalls rising in low slung neighborhoods.
Most of the city’s recent supertall developments have occurred in traditional high-rise commercial districts such as the Financial District, the Plaza District, downtown Brooklyn and Long Island City. Some are also sprouting in new districts such as the Hudson Yards in far West Midtown.
There are, however, some isolated “stray” supertalls that are rising up in relatively virgin tall territories, such as next to the Manhattan Bridge on the Lower East Side and Sutton Place.
read more from carter here
The emerald glass skin of Ian Bruce Eichner’s 45 East 22nd Street has begun its rise. The 777-foot-tall tower’s structure is more than halfway up and the development team recently announced that sales have already surpassed the 50 percent mark.
The svelte spire designed by Kohn Pedersen Fox (KPF), sports a granite base with a sculptural glass tower that gradually broadens as it ascends. The architects have said that the juxtaposition between the base and tower stems from a difference of opinion between the developer and architects. Originally, KPF proposed an all-glass tower, which Eichner felt would too strongly clash with the masonry aesthetic of the Flatiron District. Ultimately, KPF embraced a stone base and a team was sent to China to select and procure each granite piece that would be arranged in an irregular and non-linear fashion.
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Recent reports show that NoMad has taken over the top spot for priciest neighborhood in the city in which to rent, with a one-bedroom unit going for an average of $4,270/month. For most real estate aficionados this isn’t shocking, as the neighborhood has been growing into one of the city’s hottest spots for the past several years, but few know of the area’s fascinating past.
Named for our fourth president, James Madison, the 6.2-acre Madison Square Park was first used as a potter’s field, then an army arsenal, then a military parade ground and finally as the New York House of Refuge children’s shelter, until it was destroyed by a fire in 1839. After the fire, the land between 23rd and 26th Streets from Fifth to Madison Avenues was established as a public park enclosed by a cast-iron fence in 1847. The redesign included pedestrian walkways, lush shrubbery, open lawns, fountains, benches and monuments and is actually similar to the park that exists today.
Find out how our beloved madison square park came to be
DRUMROLL PLEASE… You came, you voted, and now we’re pleased to announce the winner of our first-ever Building of the Year competition! Congratulations to the Kohn Pedersen Fox-designed, Continuum Company-developed 45 East 22nd Street tower which won the hearts of 29 percent of over 3,500 readers who came to cast a vote. We’re not sure if it was the champagne flute-like design that sold you, or if it was the ambitious cantilever that captured your gaze, but there’s no question that this incredible 777-foot construction pushes the envelope—not only in size, but in the design of bigger, better and more luxurious living spaces. Demolition to make way for the supertall started this summer and construction will commence early next year. Once this 65-story glass beauty is complete in 2016, expect to see it tower over the Flatiron District!
If you’re looking for more of 2014’s news-making and record-setting highlights, be sure to check out our year-end market report. Find out how the super-luxury buildings also in the running, and a few others, fared on the market this year. Get the report here (opens to a pdf) >>
There is no shortage of towers on the rise in Manhattan, but amongst these glass and stone beauties are a handful that stand head and shoulders (and several hundred feet) above the rest. A red hot real estate market and cutting edge building technology have paved the way for towers of both unprecedented heights and prices. But worthy of equal credit are the visionary developers and architects who dare to change the NYC skyline.
Here we’ve handpicked 12 of the most newsworthy buildings of 2014; these towers boast groundbreaking designs and record-breaking (or soon to be record-breaking) prices. But we ask you: Out of the dozen, which deserves the title “Building of the Year?” Cast a vote above to help us decide which is 2014’s most important tower!
Extended by popular demand… Voting ends
TODAY, December 12th at 11:59 PM WEDNESDAY, December 17th at 11:59 PM and we’ll reveal the winner on Friday, December 19th. And if you’re still torn between two (or all), jump ahead for the low-down on each, from height to 2014 news highlights.
More on each of the buildings here
It’s going to cost you at least $2.5 million to live at 45 East 22nd Street. In a recent profile on the up-and-coming building, the Times revealed pricing and some juicy details about what’s planned for glassy tower. One-bedrooms averaging 1,074 square feet will be going for 2.5 mill, while the penthouse may go for as much as $42.5 million. The paper reports that no floor in the condo tower will have more than two units, and everything from the 55th floor up will be full-floor pads. The penthouse meanwhile will claim the 64th and 65th floors with an impressive 7,000 square feet of living space. The lower floors (i.e. everything below the 9th) will be dedicated to off-the-hook amenities like a lounge, billiards rooms, a yoga studio, kids’ room, pool, golf simulator—basically everything you’d expect an ultra luxurious building to have.
The Continuum Company-developed, KPF-designed tower is poised to trump nearby One Madison by 150 feet when complete. The cantilevering structure will sit on a site of just 75 feet wide, expanding as it rises 777 feet to a floor plate of 125 feet at its 65th floor. Construction is expected to commence February 2015 with a move-in date slated for December 2016. Sales are anticipated to launch this month.
Image courtesy of 45 East 22nd Street