The Museum of Modern Art revealed on Thursday its final design for its $400 million renovation project, which calls for more space and a chronological and thematic approach to its exhibitions. In addition to the expansion of gallery and public spaces, the museum plans to feature more work of minority and female artists. Architecture firms Diller Scofidio + Renfro and Gensler have collaborated on the design, and the overall expansion will provide 50,000 square feet of new gallery space. The renovation is expected to wrap in 2019.
For new developments, 2015 was the year of reveals, but 2016 was all about watching these buildings reshape our city. Ahead we’ve narrowed a list of 12 news-making residential structures, each noted for their distinctive design, blockbuster prices, or their game-changing potential on the skyline or NYC neighborhoods.
Which of these you think deserves 6sqft’s title of 2016 Building of the Year? Have your say below. Polls for our third annual competition will be open up until 11:59 p.m., Sunday, December 11th*, and we will announce the winner on Tuesday, December 13th!
News at starchitect Jean Nouvel‘s condominium MoMA Tower (officially called 53W53) has been relatively quiet since units hit the market just over a year ago. But CityRealty brings us an update from the Billionaires’ Row construction site, where the 1,050-foot-tall, tapered tower is currently getting the first of its intricate, diagrid skin, which the architect once said will resemble blood running the veins with its nighttime lighting.
Rendering of MoMA renovation Via Diller Scofidio + Renfro
Just this week, it came to light that the Metropolitan Museum of Art may lay off as many as 100 employees as part of efforts to cut its $30 million deficit. As the New York Times previously explored, the struggling state of the Met exemplifies a shift in the art world towards modern and contemporary art. And standing as a true testament to this is MoMA’s current financial status.
The midtown museum has already raised $650 million towards its fundraising campaign, far exceeding the $450 million needed for its planned renovation and addition of three new gallery floors. In addition, they’ll also sell $280 million of tax-exempt bonds “to raise money for the project and refinance debt as borrowing costs drop to the lowest on record,” reports Crain’s.
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.
The time has finally come. After years of setbacks and teasers, units at Jean Nouvel’s 1,050-foot-tall MoMA Tower, now officially known as 53W53, have hit the market. Nine listings (out of 139) went up on Corcoran, according to Curbed, ranging from a $3.17 million one-bedroom 19th-floor unit to a $50.9 million four-bedroom, 63rd-floor unit. When construction started earlier this year, rumor had it that the listings wouldn’t be made public, but now that we know otherwise, we’ve got plenty of floorplan porn to ogle, as well as lots more interior renderings courtesy of designer Thierry Despont.
After progress crept along for nearly ten years, Jean Nouvel‘s highly anticipated MoMA Tower, officially known as 53W53, is now inching closer to the finish line. A year ago we got a peak at unofficial penthouse floorplans, and the first interior renderings were revealed in February, followed by a pre-sales-launch video of the interiors in May. Now, the Post has uncovered floorplans and pricing for three of the units in the 1,050-foot, 82-story asymmetrical tower. They include a 3,846-square-foot, 55th-floor three-bedroom asking $21.7 million; a smaller 55th-floor three-bedroom for $14.42 million; and a 4,362-square-foot, 72nd-floor three-bedroom duplex going for $39.2 million.
Get a job as one of their building managers.
As DNA Info reports, if you’re just a regular Joe or Jane looking to take up residence in one of the city’s priciest towers, you don’t need to be a billionaire—or even a millionaire for that matter. The resident managers at four headline-stealing, ultra-luxury towers will live rent-free, in very large apartments, while also earning respectable six-figure salaries for their services.
Since it started making news in 2006, the starchitect-designed condominium tower at 53 West 53rd Street, officially known as 53W53 along Manhattan’s “Billionaire’s Row,” has progressed slowly, stalled until last September when developers were able to obtain 240,000 square feet of development rights from MoMA and the St. Thomas Episcopal Church for $85.3 million and secure a $860 million construction loan. The Jean Nouvel-designed 1,050-foot asymmetrical tower, often called MoMA Tower, is adjacent to the museum and will occupy three of its lower floors.
Now Bloomberg brings us a video interview with Nouvel and interior designer Thierry Despont from the building’s sales gallery that opens the door on the building’s interiors–or at least those of the building’s furnished model unit, which is more than we’ve gotten so far. We also get to behold a sleek model of the tower’s facade surrounded by its neighbors. The architect says that there are “…almost no two similar apartments in the building because on every floor the shape and the layouts are different.”
Last night, MoMA held an event to honor Pritzker Prize-winning architect Jean Nouvel and his much talked-about project 53W53, which is also known as the MoMA Tower for its location next to the museum and the fact that the institution will occupy three of its lower floors. Furthermore, its developers bought more than 240,000 square feet of development rights from MoMA, as well as the St. Thomas Episcopal Church, for $85.3 million back in September, at which time they also secured a $860 million construction loan for the 1,050-foot asymmetrical tower. And now that construction has moved forward and interior renderings of the condos were revealed, what better time to pat this long-stalled project on the back.
The celebration drew a diverse crowd, including Richard Meier, Martha Stewart, and broker to the stars Dolly Lenz. In a Q&A with filmmaker Matthew Tyrnauer, Nouvel discussed his inspiration for the forthcoming project. Dressed in head-to-toe black (down to his socks and tie), he also revealed that he has “no favorite color,” according to the Observer.