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One57 and Carnegie Hall tower.
Curbed Flickr Pool/NyConstructionPhoto

Beyond Billionaires' Row: the real estate reshaping Manhattan's 57th Street

From Bjarke Ingels’s courtscraper to a so-called seven-star hotel

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One57 and Carnegie Hall tower.
| Curbed Flickr Pool/NyConstructionPhoto

It doesn’t seem like so long ago that 57th Street was christened “Billionaires’ Row,” with a stream of supertall, super-pricey towers rising like weeds and altering the skyline as we know it.

But times have changed: Though the thoroughfare is still home to plenty of pricey real estate—including One57, the building that began the billionaire boom, along with megatowers from Extell and JDS—it’s also sprouting more modest residences. In fact, the most famous structure to rise along the street in the past year or so—Bjarke Ingels’s VIA, the so-called “courtscraper” at the westernmost edge—is a rental, not a condo.

With the eight-digit boom of yore solidly behind us, now’s a good time to look at the real estate activity on 57th Street. Check out some of the residential developments recently completed and in the works, and what they replaced, below.

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VIA 57 West

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Construction wrapped on Bjarke Ingels's courtscraper/tetrahedron/oddly-shaped rental building on West 57th Street in mid-2016, adding a distinctive shape to the otherwise staid Midtown West skyline. The building is home to 709 rental units, along with a plethora of schmancy amenities (all of which have VIA branding), including a fitness center, communal rec rooms, and a lovely landscaped garden in the center of the building.

Via 57 west June 2016 Tectonic Photo

606 W 57th St

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In the works since at least 2013, TF Cornerstone’s colossal West 57th Street rental building is now on the rise and will soon top out at 42 stories. The building’s poised to become Manhattan’s second largest rental—yeah, it’s that big—with 1,028 apartments, after Moinian Group’s Sky. Construction’s supposed to wrap up here by the end of the year.

Central Park Tower

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Extell brought on Adrian Smith + Gordon Gill Architecture to design this supertall, which will be the tallest residential tower in New York City when completed. (The firm is behind the world’s current tallest tower, the Burj Khalifa, and the world’s forthcoming tallest tower, Jeddah Tower.) The skyscraper will have a Nordstrom flagship at its base, and will eventually rise 1,550 feet over Midtown when completed (which is due to happen in 2019, in theory). Though few details about its residences have been released, sales are expected to launch sometime soon.

This mixed-use tower is home to both ultra-luxurious condos and rentals, as well as the Park Hyatt New York hotel. It reached its full, 1,005-foot height in 2012, and was briefly the city's tallest residential building. It’s also the only building of its super-luxurious ilk on Billionaire’s Row that’s heard grumblings of foreclosure.

Skyscrapers and city buildings at sunset. Shutterstock

140 W 57th St

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A landmarked office building will become—surprise—condos under a plan put forth by the Feil Organization. Architecture firm Hill West filed plans in November 2016 to add two floors to the 14-story building as well as convert the office space into 34 apartments. Built in 1907, the building originally housed artists’ studios. The property was converted into offices in 1998, and was proclaimed a New York City landmark the following year.

111 W 57th St

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Exactly what will become of the city’s skinniest skyscraper-to-be is uncertain, now that the developers face a lawsuit from a kew investor alleging cost overruns of $50 million (and construction hasn’t even reached the 20th floor—only about 62 floors to go.) If all goes according to plan, which at this point is questionable, the tower will rise 1,421 feet and have 60 apartments rumored to start at $16 million.

31 W 57th St

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The once-glorious century-old building home to Rizzoli Bookstore was destroyed way back in June 2014. Coming in its place? A “seven-star hotel” developed by Vornado Realty Trust and the LeFrak Organization. Though its been three years since the developers announced their intentions, they have yet to file plans with the city. The site is currently vacant.

The cleared site as of May.
PropertyShark

10 W 57th St

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Billionaire developer Sheldon Solow plans to build a hotel and condo tower at this location, but Solow’s currently being bared from moving forward with the development thanks to holdout tenant Metropolitan Fine Arts and Antiques. Solow’s plan is to replace the existing structures with a 54-story tower designed by Skidmore, Owings & Merrill.

Via Christopher Bride/PropertyShark

7 W 57th St

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Solow is also behind plans for a plans for a 19-story residential development. Rising 237 feet and holding just 16 apartments, the building will ultimately have 32,099 square feet of residential space, plus a 4,100 square feet of retail on the first two floors. Some of the units will also have balconies and/or roof decks, filings show. The plan includes demolishing the existing five-story brick building with Neo-Classical flourishes.

Google Maps via YIMBY

Crown Building

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As if 57th Street didn’t already have enough ultra-luxury condos, developers Michael Shvo and Vladislav Doronin’s OKO Group filed plans late last year to convert the landmark Crown Building into a high-end hotel and condos. Amanhotels will open a 79-room outpost between the building’s fourth and ninth floors. Twenty-five apartments, including a five-story penthouse in the building’s so-called crown, will occupy the remaining floors.

432 Park Ave

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New York City's tallest residential building topped out at its full 1,396-foot height in October 2014. The Rafael Viñoly-designed structure has been controversial from the start, thanks to its height and, um, distinctive facade, which was inspired by a trash can (no, really). Although the building takes its address from Park Avenue and front on West 56th Street, it also has frontage along West 57th.

252 E 57th St

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World-Wide Group and Rose Associates tapped Skidmore, Owings & Merrill to design this 65-story tower with an undulating glass facade. The building’s first 21 floors are occupied by rentals that go by the name Aalto57, where rents range from $3,200 to $17,000 per month. The condos are no less expensive. Available apartments currently listed on StreetEasy range from $4 million to $14.7 million.

SOM

VIA 57 West

Construction wrapped on Bjarke Ingels's courtscraper/tetrahedron/oddly-shaped rental building on West 57th Street in mid-2016, adding a distinctive shape to the otherwise staid Midtown West skyline. The building is home to 709 rental units, along with a plethora of schmancy amenities (all of which have VIA branding), including a fitness center, communal rec rooms, and a lovely landscaped garden in the center of the building.

Via 57 west June 2016 Tectonic Photo

606 W 57th St

In the works since at least 2013, TF Cornerstone’s colossal West 57th Street rental building is now on the rise and will soon top out at 42 stories. The building’s poised to become Manhattan’s second largest rental—yeah, it’s that big—with 1,028 apartments, after Moinian Group’s Sky. Construction’s supposed to wrap up here by the end of the year.

Central Park Tower

Extell brought on Adrian Smith + Gordon Gill Architecture to design this supertall, which will be the tallest residential tower in New York City when completed. (The firm is behind the world’s current tallest tower, the Burj Khalifa, and the world’s forthcoming tallest tower, Jeddah Tower.) The skyscraper will have a Nordstrom flagship at its base, and will eventually rise 1,550 feet over Midtown when completed (which is due to happen in 2019, in theory). Though few details about its residences have been released, sales are expected to launch sometime soon.

One57

This mixed-use tower is home to both ultra-luxurious condos and rentals, as well as the Park Hyatt New York hotel. It reached its full, 1,005-foot height in 2012, and was briefly the city's tallest residential building. It’s also the only building of its super-luxurious ilk on Billionaire’s Row that’s heard grumblings of foreclosure.

Skyscrapers and city buildings at sunset. Shutterstock

140 W 57th St

A landmarked office building will become—surprise—condos under a plan put forth by the Feil Organization. Architecture firm Hill West filed plans in November 2016 to add two floors to the 14-story building as well as convert the office space into 34 apartments. Built in 1907, the building originally housed artists’ studios. The property was converted into offices in 1998, and was proclaimed a New York City landmark the following year.

111 W 57th St

Exactly what will become of the city’s skinniest skyscraper-to-be is uncertain, now that the developers face a lawsuit from a kew investor alleging cost overruns of $50 million (and construction hasn’t even reached the 20th floor—only about 62 floors to go.) If all goes according to plan, which at this point is questionable, the tower will rise 1,421 feet and have 60 apartments rumored to start at $16 million.

31 W 57th St

The once-glorious century-old building home to Rizzoli Bookstore was destroyed way back in June 2014. Coming in its place? A “seven-star hotel” developed by Vornado Realty Trust and the LeFrak Organization. Though its been three years since the developers announced their intentions, they have yet to file plans with the city. The site is currently vacant.

The cleared site as of May.
PropertyShark

10 W 57th St

Billionaire developer Sheldon Solow plans to build a hotel and condo tower at this location, but Solow’s currently being bared from moving forward with the development thanks to holdout tenant Metropolitan Fine Arts and Antiques. Solow’s plan is to replace the existing structures with a 54-story tower designed by Skidmore, Owings & Merrill.

Via Christopher Bride/PropertyShark

7 W 57th St

Solow is also behind plans for a plans for a 19-story residential development. Rising 237 feet and holding just 16 apartments, the building will ultimately have 32,099 square feet of residential space, plus a 4,100 square feet of retail on the first two floors. Some of the units will also have balconies and/or roof decks, filings show. The plan includes demolishing the existing five-story brick building with Neo-Classical flourishes.

Google Maps via YIMBY

Crown Building

As if 57th Street didn’t already have enough ultra-luxury condos, developers Michael Shvo and Vladislav Doronin’s OKO Group filed plans late last year to convert the landmark Crown Building into a high-end hotel and condos. Amanhotels will open a 79-room outpost between the building’s fourth and ninth floors. Twenty-five apartments, including a five-story penthouse in the building’s so-called crown, will occupy the remaining floors.

432 Park Ave

New York City's tallest residential building topped out at its full 1,396-foot height in October 2014. The Rafael Viñoly-designed structure has been controversial from the start, thanks to its height and, um, distinctive facade, which was inspired by a trash can (no, really). Although the building takes its address from Park Avenue and front on West 56th Street, it also has frontage along West 57th.

252 E 57th St

World-Wide Group and Rose Associates tapped Skidmore, Owings & Merrill to design this 65-story tower with an undulating glass facade. The building’s first 21 floors are occupied by rentals that go by the name Aalto57, where rents range from $3,200 to $17,000 per month. The condos are no less expensive. Available apartments currently listed on StreetEasy range from $4 million to $14.7 million.

SOM