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.
More details ahead
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.
All the details here
, Mon, September 21, 2015
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.
Renderings and floorplans right this way
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.
More floorplans and pricing
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.
Find out more here
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.”
Check out the interiors and the video this way
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.
Find out about Nouvel’s inspiration for 53W53 here
Interior rendering via Hayes Davidson
The last time we got any insider knowledge about Jean Nouvel’s MoMA Tower, known officially as 53W53, was back in September when the penthouse floor plans of the 82-story, 1,050-foot building were revealed. Now it’s gotten even better with actual interior renderings surfacing courtesy of the New York Times.
The rendering is accompanied by a full-scale unit model of a $10 million, two-bedroom, 32nd-floor apartment planned for the tower. Set in a Sunset Park warehouse, the mock up shows how the building’s well-known zig-zag façade pattern (the “diagrid”) will translate inside, which leads to tilting windows and slanted columns. These unusual architectural features will inform the interior designs of Thierry W. Despont, who has been tapped to craft the 140 condo interiors.
More details ahead
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 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.
See our list of the 26 tallest towers