Today, YIMBY has the exclusive scoop for the first renderings of developer Sheldon Solow’s next skyscraper, at 12 West 57th Street in Midtown, Manhattan. The 672-foot-tall, 52-story skyscraper will rise directly across 57th Street from the Solow Building at 9 West 57th Street, and is also designed by Skidmore, Owings, & Merrill. Solow Management Corp. filed permits for the development in 2019, and since then demolition has been clearing the buildings on the lot, spanning from 10 to 20 West 57th Street and back to 56th Street, one by one.
12 West 57th Street
While YIMBY normally covers aggregate new building applications on an annual basis, this year, we have released our first mid-year pipeline report, and the results are surprisingly positive. After two years of declining applications following the frenzies of 2014 and 2015, the preliminary numbers for 2018 appear to be signaling a major uptick in activity. Year-over-year filings of new residential units have grown substantially, rising from 9,134 in the first six months of 2017, to 15,305 in 2018 — an increase of 67.5%.
The development saga continues on a hotly contested segment of West 57th Street located just south of Central Park, between 5th and 6th Avenues. Solow Management Corp has filed fresh permits for 12 West 57th Street, revealing a new 52-story mixed-use skyscraper with a proposed height of 672 feet.