The progress across Billionaire’s Row has been significant in recent months. Today, YIMBY has an update on Midtown’s new terracotta masterpiece, for which sales are starting, and the latest photographs show that construction has officially reached supertall heights. JDS Development and Property Markets Group are behind the project.
Photographs from this dreary week show the tower has passed its third setback, pushing it past the 984-foot tall threshold for supertall status. With this milestone now reached, the superstructure is just under 70 percent complete, and 440 feet are left before topping out occurs 1,428 feet above street level.
Nine more setbacks remain before reaching the topmost steel truss cap.
One interesting reveal from visiting the site was missing fragments of the terracotta façade, as depicted in the image above. After being reached for comment, a rep for JDS told YIMBY “The gaps are where mounting brackets for the monorail system will go, and after the rig is jumped, it gets filled. There is also a system of redundant attachments to prevent anything from falling.”
SHoP Architects is responsible for the design. The exterior has a light blue curtain wall along the northern and southern faces, with the west and east facades decorated with a bronze and terracotta shaped deliberately to interact with the sun, creating a sweeping effect in direct sunlight. The terracotta is currently reaching the first setback, over halfway up the tower.
A total of 60 condominiums will be created within. 46 residencies will be in the tower, and the remaining fourteen will be located inside the existing historic Steinway building at the base. Construction is currently underway on the 57th Street atrium. The highly transparent façade was designed to maximize views of the historic Steinway Building from the street as well as interior natural lighting.
According to the New York Times, units start at $18 million, with the most expensive listing priced at $57 million for a duplex penthouse. The penthouse had been priced before at $59 million.
Douglas Elliman Development Marketing is responsible for sales, which will start September 13th. Completion can be expected by 2019, when the developers hope to start occupancy.