Eretz Group has acquired the 10-story, 170,000 square-foot office and retail building at 224 West 57th Street — across from Extell’s planned Nordstrom Tower, in Midtown — for $213.8 million. The building is landmarked, and after being acquired for $85 million in 2010, it underwent a $50 million renovation designed by Tirmizi Campbell. Per The Real Deal, the non-profit Open Society Foundations currently leases a majority of the building.
Bloomberg Business published new renderings of the 82-story, 1,050-foot, and 139-unit ultra-luxury residential tower at 53 West 53rd Street, in Midtown. Dubbed 53W53, the Jean Nouvel-designed supertall’s duplex penthouse is listed for $70 million, and Hines is developing. MoMA is taking multiple floors close to street level, and funding secured, the tower is expected to be finished in November of 2018; YIMBY captured excavation work beginning in March, and vertical construction is imminent.
While Extell has avoided posting any information on-site or online for 217 West 57th Street, YIMBY has brought you two sets of plans for the building, with the most recently obtained versions (dated June of 2014) depicting a 1,795-foot pinnacle. We have now obtained an official rendering Extell is using for the project, dated from this March, confirming it will look almost identical to both versions previously revealed by YIMBY as well as the image of the tower created in-house at Smith + Gill.
The Hudson Yards project has taken decades to get off the ground, but construction is well underway on the site’s first few buildings, with the superstructure for 10 Hudson Yards already making an impact on the skyline. While the Eastern railyards will be impressive in their own right, the Western railyards are a bit further down the development pipeline, but Related has created a new set of conceptual towers that illustrate their potential, posted in an update to the Hudson Yards website.
The current race to the top of the skyline is the most impressive in New York City’s history, with ever-taller skyscrapers sprouting from the Financial District all the way to 57th Street. And YIMBY has now learned that 217 West 57th Street, aka the Nordstrom Tower, received a height boost between April and June of last year, pushing the tower’s pinnacle to 1,795 feet. That will make it the tallest building in New York City, the United States, and the Western Hemisphere.