Sales have launched for Central Park Tower, the tallest residential tower in the world, Extell Development announced Monday. Located at 225 West 57th Street, the 1,550-foot tower is rising on Billionaires’ Row, a strip of ultra-luxury residences at the southern end of Central Park in Midtown. While Extell hasn’t officially released pricing for its 179 condos, the Real Deal reported last year that 20 of the units have a price tag of $60 million and higher, with a $95 million penthouse being the most expensive. If the building achieves its projected $4 billion sellout, the tower would become the most expensive condo project in New York City.
Photo by Tia Richards for 6sqft
Target officially opened its first store in the East Village on Saturday, to mixed reviews from locals. During its grand opening, the chain recreated the storefront of CBGB, a famous punk rock club where the Ramones, Patti Smith and Blondie played, with a red-and-white awning that reads “TRGT.” Located on 14th Street and Avenue A, the design included red newspaper boxes similar to old ones of the Village Voice paper, fake fire-hydrants and a temporary facade made to look like the housing tenements of the Village in the 1970s and 1980s. Jeremiah Moss, the author behind the Vanishing New York blog, called the new store “the most deplorable commodification of local neighborhood culture I’ve ever witnessed.” As of Monday, the CBGB-themed storefront is no longer up.
Rendering via B.ARCHs
A rendering has been released for a 32-story mixed-use building in the Hudson Yards area, between 36th and 37th Streets. The owner of the three lots spanning those blocks? Gary Barnett’s Extell Development, the same group behind the neighborhood’s 610-foot tall 555Ten. CityRealty uncovered the image from BARCHs, a New York-based architecture firm which describes the possible project as providing “residential, retail and parking uses to this rapidly developing neighborhood.”
Rendering via Snohetta / Binyan Studios; construction photo via CityRealty
With the neighboring Jewish Guild for the Blind officially demolished, construction has now begun on Extell Development’s skyscraper at 50 West 66th Street. Designed by Snøhetta, the mixed-use skyscraper is set to rise 775 feet, making it the tallest building on the Upper West Side. The 69-story tower will feature a facade of excavations, that are meant to evoke the “chiseled stone of Manhattan’s geologic legacy,” according to the architects. As CityRealty reported, the new tower will sit next to some of the borough’s most illustrious buildings, including 15 Central Park West and The Century.
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6sqft’s series “My sqft” checks out the homes of New Yorkers across all the boroughs. Our latest interior adventure brings us to retiree Andrew Ackerman’s new studio in Extell’s 555Ten. Want to see your home featured here? Get in touch!
A year ago, retired lawyer Andrew Ackerman gave up his long-time home, a 1,300-square-foot duplex in a Philadelphia brownstone, to move to NYC. Wanting to be near his friends, the theater district and art museums, and transportation options, he settled on Hell’s Kitchen, and ultimately found the perfect high-rise apartment in Extell Development’s luxury rental building, 555TEN.
Getting used to the hustle and bustle of the city was easy for Andrew, but downsizing to a 500-square-foot alcove studio was a bit more challenging, especially considering he’s been an avid art collector since childhood. 6sqft recently visited Andrew at 555Ten to see how he made the adjustment, which art pieces made the cut, and why the jump was all worth it.
Take a tour of Andrew’s place
For many New Yorkers, the Lower East Side is one neighborhood that still has a lot of authenticities and good ‘ole New York grit left. It has been described as Manhattan’s “last frontier of cool. The promised land of old as well as new… Where the Godfather lives side by side with a hipster movie.” Put more tangibly by Benjamin Baccash of Taconic Investment Partners, the developer of LES’s Essex Crossing, “The Lower East Side has wonderful restaurants, art galleries, and great street life. It’s a real neighborhood and that’s what a lot of people are looking for.”
In addition to great diversity, personality, and transportation, the city is undertaking huge improvements on the east river waterfront, and developers are erecting new developments at all corners of the ‘hood. Ahead, 6sqft takes a look at everything that’s keeping the Lower East Side a vestige of old New York during its contemporary resurgence, from massive projects like Essex Crossing to a booming art gallery scene.
As Irving Berlin once said, “Everybody ought to have a Lower East Side in their life.”
Rendering of The Kent via Beyer Blinder Belle; Photo via CityRealty
Applications are now being accepted for 21 brand new, affordable condominiums at Extell Development’s Upper East Side tower, The Kent. Designed by Beyer Blinder Belle, the 30-story building, located at 200 East 95th Street, has a facade covered in red brick with accents of dark metal. Qualifying New Yorkers earning between $79,333 and $119,250 annually can apply for the studio, one- and two-bedroom condo units, which range in price from $356,700 to $427,000.
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Rendering courtesy of Williams New York
Extell on Thursday officially launched sales at Brooklyn Point, the developer’s first skyscraper in the borough. According to the building’s site, units available include studios, one-, two- and three-bedroom condos, ranging from $837,000 to $3,413,000 in price. Residents at the 720-foot tower, located at 138 Willoughby Street in Downtown Brooklyn, will enjoy a plethora of amenities including a wine room, a stroller valet, well-equipped fitness center and, of course, the highest rooftop pool in the Western Hemisphere.
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Ambitiously dubbed EVGB–for “East Village’s Greatest Building”–Extell Development’s new rental building at 510 East 14th Street between Avenues A and B just hit the rental market. In addition to amenities like a fitness center, saltwater pool and rooftop deck, the new building is perhaps best known for its also-new retail anchor tenant, a two-level Target store, the chain’s first location in the neighborhood. The building’s 110 market-rate and 50 affordable–the lottery for those launched recently–units are expected to be ready for occupancy by April. According to the building’s just-launched website, available apartments range from studios for $3,695 a month to a three-bedroom unit for $12,425.
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Image courtesy of Extell/One57
Founder and CEO of Dell Technologies, Michael Dell, was revealed as the buyer of the sprawling penthouse at One57 for $100.47 million, the most expensive home ever sold in New York City. According to the Wall Street Journal, Dell first entered a contract to buy the unit in 2012 when the Billionaires’ Row building, located at 157 West 57th Street, was still under construction. He closed the transaction through a limited liability company in 2014.
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