Rendering of Central Park Tower via Extell Development
A new rendering of Central Park Tower, slated to be the tallest residential tower on Earth, shows the most sparkling image of the residential building yet. Construction for Extell Development’s supertall, located at 225 West 57th Street on Billionaires’ Row, is underway and when completed, the tower is projected to be 1,550-feet tall. As CityRealty reported, the all-glass rendering appears to be taken about 900-feet above Central Park and leaves out rivaling towers, 432 Park Avenue and 111 West 57th Street. The $2.98 billion project is expected to be completed in 2019.
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West 58th Street elevation of Nordstom’s podium; CityRealty
When it reaches its projected 1,550-foot height, Extell Development’s Central Park Tower will have the highest roof-line of any residential building in the Western Hemisphere, besting the current record holder 432 Park. Though the $2.98 billion project won’t be complete until 2019, construction is moving ahead along Billionaires’ Row, reports CityRealty. The 58th Street side, which will hold a 285,000-square-foot, seven-story Nordstrom store, is currently receiving its fluted-glass skin, a “Waveforms Facade.”
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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
A new set of images of the world’s upcoming tallest residential tower have been uncovered, these better revealing the cantilevering silhouette of the 1,550-foot supertall and how it will relate to the skyline of Central Park South.
The images of the Central Park Tower (née Nordstrom Tower) were first spotted by NY Yimby and are part of official EB-5 Immigrant Investor program materials posted online and provided by developer Extell. As such, they confirm that the supertall will indeed no longer have the spire, a feature which would have brought the tower to 1,775 feet and just a foot shy of One World Trade. The materials also reveal that the tower is being marketed with a height of 133 floors (the actual count is just 95, though some units like the 17,000-square-foot three-story penthouse have ceilings that stretch well beyond the standard) and 179 luxury residential units.
It’s not too often that affordable housing opportunities arise in prime downtown areas like West Soho, but starting tomorrow, 70 Charlton Street will begin accepting applications for 29 of its below-market-rate apartments. The Beyer Blinder Belle-designed building is of the luxury persuasion, developed by none other than Extell. In total there are 116 residences; 92 are high-end co-ops (currently priced between $1.6M and $7.1M) with interiors crafted by Workshop/APD in one building, and the rest affordable units situated in a connected building. According to the Housing Connect website, studios will start at $833/month, one-bedrooms will go for $895/month and two-bedrooms for $1,082/month.
Find out if you qualify 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.
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Carter Uncut brings New York City’s development news under the critical eye of resident architecture critic Carter B. Horsley. This week Carter kicks off a nine-part series, “Skyline Wars,” which will examine the explosive and unprecedented supertall phenomenon that is transforming the city’s silhouette. To start, Carter zooms in on the biggest developments shaping the southern corridor of Central Park.
They did not come from outer space when they landed on our front yard while the NIMBY folk and the city’s planners and preservationists weren’t looking. Some are scrawny. Some are dressed like respectable oldsters. They’re the supertalls and they’re coming to a site near you.
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It may not be the penultimate $100 million penthouse, but an investor with enough dough can still make headlines buying into the city’s most expensive condo tower. According to the Journal, Extell is selling a block of 38 rentals in its blockbuster One57 for $250 million. The paper writes that unloading the units will bring the developer $3,800 a square foot, or an average of more than $6.5 million per apartment—more than double the $1,800 average of Manhattan condos sold during the third quarter.
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, Thu, September 24, 2015
With the opening of the 7 train extension earlier this month, things are finally starting to look up for Manhattan’s far West Side–literally. Hudson Yard’s Coach Tower is nearing its 900-foot apex, and Gary Barnett’s Extell Development has topped off construction on its 610-foot high skyscraper at 555 Tenth Avenue.
Extell’s rental/dormitory project anchors a full block-front between West 40th and 41st streets, and cozies up next to (and above) the neo-gothic Church of Saints Cyril & Methodius and Saint Raphael, from which the savvy developer purchased 140,000 square feet of air rights from in 2012 for $16.5 million. According to previous reports, Barnett obtained the rights to build on the 18,000 square-foot parcel after signing a 99-year ground lease from the estate of Sol Goldman in 2011. The $480 million project is partly financed by means of $100 million from EB5 equity investors.
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Back in May it was reported that the official rendering for Extell’s Nordstrom Tower—a.k.a. Central Park Tower, a.k.a. NYC and the country’s future tallest tower (by roof height)—had finally been released by the developer, showing a glassy construction rising 1,523 feet from its 217 West 57th Street address. But now comes news from The Post’s Steve Cuozzo that the tower’s final design is actually “still up in the air.”
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