The One57 crane has finally returned to the top of the tower, and completion of the residential supertall is now imminent. Work was almost finished on the tower when the crane became one of Hurricane Sandy’s highest-profile casualties, toppling over and hanging precariously above 57th Street. Luckily no injuries occurred and the incident was more of a shock than anything else, but the ramifications for Extell were significant as the tower has gone over six months without a crane, delaying completion.
The logistics of hoisting a new crane 1,000 feet into the air are incredible and not something companies typically plan for, but—if nothing else—the One57 incident proves such a difficult task can be accomplished. Obviously there was no alternative, given the building’s extremely expensive units, though the delay was certainly lengthy. Now that completion is on the horizon, all eyes will turn to 432 Park Avenue—One57’s latest competition—which has been rising quickly while One57 has been stalled.
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