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.
The tower has dealt with a decent amount of difficult press in the past few months, with various stories relating to potential foreclosure resulting in speculation that work would halt. Fortunately, that has not happened, and if anything, progress has seemingly sped up on the building’s construction.
JDS Development and Property Markets Group are behind the development, which will hold a total of 60 residences within its 91 floors. As reported recently by The Real Deal, units are now entering contract, further bolstering the supertall’s prospects for completion.
On-site signage indicates an expected completion date of 2018, but given the current state of construction, a 2019 estimate is probably more likely. As per recent reports, the supertall is expecting a total sellout price of $1.45 billion.