YIMBY has chronicled the evolution of 217 West 57th Street, aka Nordstrom Tower and officially dubbed Central Park Tower, since it was clearing hurdles for the approval of its cantilever. Now that the building has begun rising, renderings from Extell have finally started leaking online, this time courtesy of EB-5 materials that surfaced on the YIMBY forums. The images show the tower is identical to renderings created in-house by YIMBY previously, and while they confirm the supertall has lost its spire, it will still become the tallest building by roof height on the continent, reaching 1,550 feet tall, and having a marketing floor count of 131.
The official floor number will be slightly less, at 95, but as is common in New York’s tallest buildings, floor counts will be exaggerated. That is partially reasonable given the huge floor to ceiling heights of the Nordstrom and the mechanicals involved with the cantilever, which will push the penthouse far above a height one would typically imagine for the 95th floor, and in this case it will be higher than any other occupied floorspace in the country. Documents show it will span marketing levels 129-131, with an area of 17,000 square feet split over three floors.
Despite the fact the site is one block removed from Central Park — and that Vornado’s 220 Central Park South will be rising in front of the building’s first 950 feet — Extell appears to be fully committed to the ‘Central Park Tower’ moniker.
In the words of the EB-5 collateral, “57th Street Rate easily 500,000 yuan / square meter, and now more popular because presidential candidate Trump (Donald Trump) has become the focus of the world.”
The materials also state the total cost at $2.98 billion, and that the developers are looking to raise 7% of the funds from EB-5. Other than the financial details, everything else about the tower appears to be the same since our last report, and the spire that would’ve taken the building to 1,775′ is still missing.
Completion of the structure, which will stand as the world’s tallest residential building when finished, is expected in 2019.