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Extell's 52-Story Tenth Ave. Tower to Have Dorm, 600 Rentals

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New details have emerged for Extell's 52-story tower coming to 41st Street and Tenth Avenue. The in-construction development at 555 Tenth Avenue will bring a 300-bed student dormitory to floors two through seven, and 600 rental apartments—120 of which will be affordable—to its tower, Commercial Observer reports. Students will enter through a door on 41st Street and residents will use an entrance on Tenth Avenue. The dorm, a first for Extell, satisfies the community facility component of the large building.

Renters (not students, lest this is the most lavish dorm in the city) will have access to the building's amenities, which will include a bowling alley, game room, kid's lounge, and dog-washing area in the basement, a ninth floor lap pool, yoga studio, outdoor workout area, outdoor lounge space, and dog run, and a rooftop with pool, cabanas, birch grove, indoor/outdoor fireplace, club room, and dining area. Extell is still courting colleges and universities for the SHoP-designed SLCE-designed site, which will be complete in 18 to 24 months. The development company spent $16.46 million on development and air rights acquired from nearby St. Raphael's Church; the lot is on a 99-year lease to the developers from the estate of Sol Goldman.