Construction Update: Walker Tower

Walker TowerWalker Tower

Walker Tower is now completely free of scaffolding, unveiling a building that mimics and improves on pre-war architecture; the facade’s 14,000 metal accents equal the detailing of New York’s Art Deco landmarks, and constitute an extremely beneficial facelift to a Ralph Walker classic. Architect Cetra/Ruddy’s conversion has transformed the building into a true icon; the firm was also the original designer of 111 West 57th Street’s sub-700 foot ancestor.

Developer JDS is riding a wave of success at the moment, and prices at Walker Tower have reached unprecedented levels for the neighborhood. The peak asking price per square foot is just over $9,000, for the 6,000 square foot and $55 million penthouse. With JDS’ proven results in Chelsea, the company can begin shifting focus to 111 West 57th Street, which will bring an even more impossibly luxurious building to market – shattering even 57th Street’s extraordinary milestones, with some units possibly even exceeding $10,000/square foot.

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