Before the 57th Street supertall boom began, the corridor had relatively few icons. But among those few, Sheldon Solow’s 9 West 57th Street stands as one of the most monumental buildings in all of Midtown, and also one of the most expensive. Now, the developer is building a smaller residential tower next door, at 7 West 57th Street, and the project’s designers, Hill West Architects, have sent along a rendering of what it will soon look like.
Construction is now five stories above street level on the 42-story, 556-unit mixed-use tower under development at 685 First Avenue, located between East 39th and 40th streets in Murray Hill. Progress on the structure can be seen thanks to photos posted to the YIMBY Forums. The latest building permits indicate the project will encompass 813,813 square feet and rise 460 feet in height.
Back in 1974, developer Sheldon Solow built a 50-story office tower at 9 West 57th Street that featured a dramatic, sloping facade clad in dark glass. Now he plans to knock down a little office building next door at 7 West 57th Street, to make way for a 19-story residential building.
A big hole in the ground on Manhattan’s East Side is nearly ready to be filled. Foundation work is almost done at 685 First Avenue, located between East 39th and East 40th streets in Murray Hill.
Back in September of 2014, YIMBY brought you an update on the development site at 16 West 57th Street, along Midtown’s Billionaires’ Row, when the property was acquired for $95 million by a Brazilian investor. Last week, developer Sheldon Solow acquired the property, a five-story, 24,000-square-foot commercial building, for $128 million, The Real Deal reported. The developer also owns the adjacent properties at 10 West 57th Street, 20 West 57th Street, and 19 West 56th Street. The site assemblage now boasts 213,000 square feet of residential development rights, plus additional rights that can be put towards a commercial component. The new owner has yet to disclose plans for the site. Demolition permits were filed last year to raze 16 West 57th Street as well as the six-story office building at 19 West 56th Street.