Photo by Tim Fisher, Courtesy of Related Companies
The triplex penthouse at late architect Zaha Hadid’s High Line-hugging condo building has sold for just over $20.2 million, a significant price cut from its initial asking price of $50 million in 2016. Penthouse 37 at 520 West 28th Street measures 6,853 square feet and boasts a massive private rooftop terrace with a glass-walled lounge and enough space for 100 guests. As the Real Deal first reported, the buyer of the apartment is Wesley Edens, co-founder of private equity firm Fortress Investment Group and co-owner of the Milwaukee Bucks.
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Image: Flickr cc
Developer Related Companies’ high-profile condominium at 520 West 28th Street, designed by the late Pritzker Prize-winning architect Zaha Hadid, launched sales in 2015 to a flurry of hype and hubris. The highly-anticipated West Side residence was Hadid’s first ground-up structure in New York City, offering homes that ranged from $4,950,000 to a $50 million penthouse. Crains reports that since that glittering launch, though, only 16 of the building’s 39 units have sold, calling the offering “a rare bust.” The sales figures reflect about a 40 percent sell-through that looks even lower when square footage is considered: The building’s biggest units remain unclaimed, including its three penthouses. Of the 16 apartments that have sold, 14 were bought in 2017. Only two units sold in 2018, and none so far this year.
Will Hudson Yards bring more buyers?
Photo by Kris Tamburello
A new public pop-up exhibition opened on Thursday that features architectural models and design products from Zaha Hadid Architects. The exhibition is located on the ground level of 520 West 28th Street, the futuristic High Line condo designed by late starchitect Zaha Hadid. The 2,000-square-foot gallery space is a part of Related Companies’ High Line Nine, a collection of boutique exhibition space under the High Line. Gallery-goers will see models of 520 W 28th and other projects as well as the latest collaborations from Zaha Hadid Design.
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One of New York City’s most illustrious penthouses has once again hit the market for $50 million, the same price it was listed for more than two years prior. The grand triplex apartment, Penthouse 37, is located in late starchitect Zaha Hadid’s condo building in Chelsea, 520 West 28th Street. Measuring over 6,800 square feet, the apartment’s three levels are connected by a sculptural staircase, the architectural centerpiece of this stunning home. The roof level includes a 2,000-square-foot terrace which offers views of the Chelsea skyline and the High Line.
Inside the crown jewel
Back in May 6sqft reported on plans for the 15 new gallery spaces in the works next to the Zaha Hadid-designed condo at 520 West 28th Street along the High Line, with the Paul Kasmin Gallery to anchor the project, which will expand into a 5,000-square-foot space with a sculpture garden designed by Future Green on its roof. With the official opening of the new building and inaugural exhibitions of works by Walton Ford and Joel Shapiro come new photos of the gallery and of the sculpture garden being installed.
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Photo of Ariana via celebrityabc on Flickr; 520 W 28th photo via Corcoran Group
The whirlwind romance between pop-singer Ariana Grande and SNL-star Pete Davidson reached new heights this week. The newly engaged duo reportedly moved into a $16 million condo at 520 West 28th Street, the High Line-strapping building designed by late starchitect Zaha Hadid. TMZ reported on Wednesday that the couple snagged a 4,000-square-foot five-bedroom in the futuristic West Chelsea apartment. While it’s not yet known whether they bought the multi-million dollar apartment or are just renting the unit, we know Pete likes Chelsea: Sources told 6sqft he’s been seen getting groceries at the Whole Foods in the neighborhood.
See inside the couple’s new condo
Photo by Luke Hayes
On Thursday, Friends of the High Line are hosting their “first-ever High Line Hat Party, a raucous, downtown party for the creative and bold.” What better to don for this party than a swooping, sinuous lined hat inspired by one of the most prominent High Line building’s iconic curves?
Zaha Hadid Architects (ZHA) director Patrik Schumacher designed the gorgeous, 3D printed, 520 West 28th-inspired hat for the party’s fashion show (h/t dezeen). Just as the building’s beautiful swirls of glass are intersected with dark steel bands, this hat replicates that aesthetic.
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Rendering via Future Green
Related Companies announced last year plans to add 15 new gallery spaces around their Zaha Hadid-designed condo at 520 West 28th Street. One of the galleries tapped for the project, the Paul Kasmin Gallery, will serve as the anchor tenant and expand into a 5,000-square-foot space. In addition to boasting 22-foot ceilings and 28 skylights, the single-floor gallery will have a sculpture garden designed by Future Green on its roof. Because it sits alongside the High Line, “the garden serves as a verdant extension to the elevated park and showcases outdoor artworks in a rich seasonal tapestry,” according to the landscape architects.
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Not only does 520 West 28th Street lay claim to being Zaha Hadid’s only New York City project, but its futuristic design, marked by the late starchitect’s signature curvaceous forms, is unlike any other building in the city. But ODA Architects may be looking to change that, as a proposed rendering uncovered by CityRealty for a condo at 208 Delancey Street looks strikingly similar to Hadid’s High Line-hugging residence. The Lower East Side project shares its inspiration’s L-shape, squat massing, and, most importantly, curved glass corners and extending balconies.
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Photo © Hufton+Crow; Sting photo via Wiki Commons
Just six months after selling his huge Central Park West penthouse for $50 million, Sting has reportedly moved on to an equally swanky residence. According to Page Six, he and wife Trudie Styler are “renting a large terraced apartment on a high floor” in Zaha Hadid‘s recently-completed, curvy, High Line-hugging condo at 520 West 28th Street in Chelsea. Though his former home was in a classic Robert A.M. Stern-designed building (he must really have a thing for starchitects), it was decked out in an uber-contemporary style, so it makes sense that he’d want to move over to one of the city’s most futuristic buildings.