The massive residential building rising on what was once a beloved NYC establishment, the Roseland Ballroom, has made significant progress in the last few months. Following the completion of foundation work this past summer, the building is now 12-stories above ground, recent photos by Tectonic have revealed.
The undulating CetraRuddy-designed building will eventually stand 62-stories tall and come with 426 rentals. The apartments here will measure a sizable 1,024-square-feet on average, and the building will stand 674-feet tall when the project is complete. There are also plans for 16,514-square-feet of retail at the ground-floor level.
Plans for this project were first announced all the way back in November 2013. The Ballroom closed in the spring the following year, and at that time a 59-story tower was proposed to rise at the site, developed by the same team. The demolition of the iconic structure got underway in August of 2014 and wrapped up almost a year later.
The new residential tower at 242 West 53rd Street is being developed by Algin Management, and construction is expected to wrap up sometime in 2018.