Supertall 111 West 57th Street Nears The 16-Story Mark

One of many supertall buildings rising in Manhattan is about to mark a milestone, as the tower portion of 111 West 57th Street is about surpass the height of the landmarked Steinway Hall.

This update comes via photos posted to the YIMBY Forums by user robertwalpole. Given that the new building is about to match the height of Steinway Hall, the new structure is almost 16 stories in height. Steinway Hall will contain 12 of the development’s 58 condominium residential units. YIMBY last checked in on the project in September 2016, when the SHoP Architects-designed tower had reached seven stories.

Located on Billionaires’ Row between Sixth and Seventh avenues, it will, when complete, will rise 82 marketed stories to 1,428 feet. Calculations based on the current building permit, which has not changed since June, show that residential units will average over 4,521 square feet.

The permit also shows 54,158 square feet of commercial space. Retail will stretch from the cellar to the fourth floor. The fifth floor will have offices.

JDS Development Group and the Property Markets Group are the co-developers. Completion had been slated for early 2018.


By Evan Bindelglass, New York Yimby

Original Article: Click Here 

Related Posts

​Michael Stern’s JDS scores Miami’s largest condo construction loan in nearly a year​

Madison Realty Capital, a real estate investor and lender based in New York, provided a $137 construction loan for Michael Stern’s JDS Development condominium project on South Beach in Miami, Monad Terrace. Partnering with New Valley, Ackerman Development and Mink Development, JDS launched sales of the 59-unit building in February 2017. According to Stern, construction…

Read More