56 Leonard

Art, Tribeca

New York City finally got its bean. About five years and several delays later, Anish Kapoor’s mirrored sculpture was unveiled to the public this week, seemingly propping up Tribeca’s “Jenga Building” at 56 Leonard Street. As first reported by Tribeca Citizen, and confirmed by 6sqft, the longstanding barriers and scaffolding have been removed, with the monumental permanent public artwork taking its rightful place on the corner of Church and Leonard Streets.

See the sculpture

Art, Tribeca

56 Leonard Street, Anish Kapoor

Rendering of Anish Kapoor sculpture at 56 Leonard St. © Anish Kapoor, 2017

Tribeca’s “Jenga Building,” officially known as 56 Leonard Street, welcomed residents over two years ago, but one piece of the tower is still missing–the mirrored, bean-shaped sculpture by Anish Kapoor planned for the sidewalk outside its entrance. The sculptor is best known in the U.S. for his 2005 Cloud Gate installation in Chicago’s Millenium Park, and his Tribeca piece, his first permanent work in New York City, will be a similar, smaller version of this. Back in March, we spotted a spray-painted installation guide for the sculpture outside 56 Leonard, but it’s taken until now for the official word that the install will begin in November.

Find out more

Art, Tribeca

Rendering by Anish Kapoor.

Herzog & de Meuron’s striking “Jenga” condo tower at 56 Leonard Street in Tribeca is a conversation piece on its own, with its cantilevered rectangles of glass rising into the sky. The long-anticipated flourish that will anchor the skyscraper–artist Anish Kapoor’s reflective bean-shaped sculpture–is finally on the way, as evidenced by an intricate set of circles and arrows that just arrived on the building’s sidewalk. The spray-painted outline will inform installation of the sculpture, which resembles a similar public art icon in Chicago, where Kapoor’s “Cloud Gate” sculpture apparently attracts millions of tourists every year and has become an Instagram staple.

What’s taking so long, the anticipation is killing us

Architecture, condos, New Developments, Tribeca, Video

56 Leonard is one of NYC’s most exciting recent architectural additions. Dreamt up by Herzog & de Meuron, the skyline-altering condo tower rises 57 stories with an undeniable acrobatic grace, carefully staggering its floors in a cantilevering Jenga-like configuration that also appears to be in perfect equilibrium. Although the project developed by the Alexico Group and Hines took nearly a decade to build, a new video (h/t The Real Deal) released by the developers fast tracks the long and arduous process, neatly wrapping up 10 years of work into just over 60 seconds.

see the full timelapse here

Featured Story

building of the year, Features, New Developments

VOTE for 6sqft’s 2016 Building of the Year!

By 6sqft, Sat, December 10, 2016

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!

Learn more about each of the buildings in the running here

CityRealty, real estate trends

Even after countless big ticket closings at blockbuster buildings like 432 Park Avenue and The Greenwich Lane, the long-admired Robert A.M. Stern-designed, Zeckendorf-developed 15 Central Park West (15 CPW) remains king. According to CityRealty’s latest CR100 report—an index comprised of the top 100 condominium buildings in Manhattan—units in 15 CPW sold on average for $6,735 per square foot over 12 months, a number that is impressively higher than the index average of $2,824. Tribeca’s Herzog & de Meuron-designed “Jenga tower,” 56 Leonard also made its debut on the latest CR100, clocking an average price per square foot of $2,657.

find out more

Architecture, infographic, New Developments

nyc buildings compared to world buildings

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

CityRealty, condos, Manhattan, New Developments, real estate trends

new yorks most expensive buildings

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

condos, Construction Update, New Developments, Starchitecture, Tribeca

56 Leonard, Herzog de Meuron, Tribeca, skyscrapers, Alexico, Hines, Luxury Condos, NYC Developments

Last January, 6sqft reported on the the progress of Alexico Group /Hines’ project 56 Leonard: The concrete structure was around 700 feet tall with little more than 100 feet to rise. Now, alas, the 821-foot Tribeca tower, playfully known as “the Jenga building” and designed by Swiss architects Herzog & de Meuron, has finally topped out! With a delivery date expected sometime next year, all that remains for its wacky floor plate configurations and erratic cantilevered projections is the remainder of its exterior cladding, which we hear will now also progress from the top down, and the interior fit-out of its 145 residences.

More details this way

Real Estate Wire

56 LEONARD CONSTRUCTION PROGRESS from Rob Cleary on Vimeo.

  • In anticipation for its topping out this summer, 56 Leonard, the 60-story tower designed by Herzog & de Meuron, released a time lapse video tracking the building’s rise from March 2014 to May 2015. [6sqft inbox; video link]
  • The “Late Show'”s presence has been a boon to landlords renting out retail. Rents in the midtown area right around the Ed Sullivan Theater have increased about tenfold since David Letterman showed up over 20 years ago. [NYT]
  • Comptroller Scott Stringer doesn’t think the dirty, rat-infested subway deserves the $1.3 billion it’s asking for to close its budget gap. [NYO]
  • Extell finally reveals its highly contested LES tower at 250 South Street. [Curbed]
  • The rare and beautiful “Brooklyn Embassy” townhouse has hit the market for $11.8 million. Although the building is currently split up into eight units, it could easily be turned back into a mansion. [NYDN]

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