Of Course SHoP's 57th Street Tower Will Have $100M Condos

Not to be outdone by the rest of the super expensive towers coming to Manhattan, the SHoP-designed skinny minny at 111 West 57th Street will also have condos in the Nine-Digit Club. According to filings obtained from the Attorney General's office, the most expensive units in the 1,421-foot tower, developed by JDS Development Group and Property Markets Group, will ask around $100 million. The preliminary price list shows that there will be homes available in the landmarked Steinway Hall, as well as the tower. The "landmark units" will be smaller and cheaper, starting at $1 million for a studio, while the "tower units" will start at $13 million for a three-bedroom.

The landmark portion of the project will hold studios to four-bedrooms, with the priciest apartment being a three-bedroom that will list for around $24 million. The tower will hold two- to five-bedroom units, and interestingly, the largest units will not be the most expensive. The price list shows five-bedrooms maxing out at $75 million, while the range for two- and three-bedrooms tops out at $100 million. Perhaps this is due to the tower's tapering design?

A full offering plan has not yet been filed with the Attorney General's office, but this preliminary price list confirms what we all assumed: that this tower will be, like all of its supertall friends, ridiculously expensive.
· All coverage of 111 West 57th Street [Curbed]