Now that 111 West 57th Street is above the floors complicated by the adjacent Steinway Building, which is being integrated into the base of the supertall, the future 1,428-foot-tall tower is shooting upwards. The latest photos of progress come from Streetscaper and Tectonic, and besides new floors being added on a weekly basis, the exterior of the tower is now receiving its terracotta and bronze facade.
Property Markets Group
Excavation work has begun on the site of a 17-unit residential development at 111 Leroy Street, located on the corner of Greenwich Street in the West Village. The project will consist of a 10-story, 12-unit mixed-use building at 111 Leroy Street, in addition to five single-family townhouses at 115-121 Leroy Street and 621 Greenwich Street.
Centered just below Central Park’s southern edge, super-slender supertall 111 West 57th Street will probably be iconic before it is even finished. Of course, that won’t be for a couple of years. However, some visible progress is being made at the construction site in Midtown.
Property Markets Group is in contract to purchase the vacant 166,000-square-foot property at 455-459 Smith Street, in Gowanus, for roughly $50 million, DNAinfo reported. The site – bound by Huntington Street to the south, Smith Street to the west, Fifth Street to the north, and the Gowanus Canal to the east – is zoned for manufacturing. It can support 332,000 square feet of commercial development as-of-right in the form of offices, hotels, retail, and manufacturing/industrial space. The eventual new owner is mulling the idea of building a mixed-use development with a hotel, offices, and retail space, although development plans are in very early stages. The site, once home the Citizens Manufactured Gas Plant, is currently undergoing a remediation headed by National Grid. The plant’s last warehouse structure was demolished years ago. The Smith-Ninth Streets stop on the F and G trains is located a block to the south.