In an official groundbreaking event, Anbau Enterprises and COOKFOX Architects have celebrated the start of construction at 39 West 23rd Street. The dual-tower, ground-up condominium development will rise 24 stories with a shared central courtyard just west of Madison Square Park.
The storied site was formerly home to FAO Schwarz before the iconic toy emporium relocated to Fifth Avenue.
Upon completion, the new building will contain 118,00 square feet and 44 homes, with layouts that include both single-floor and duplex accommodations. A handful of units will also offer private outdoor terraces. Amenities are expected to include a fitness center, a lounge, children’s playroom, a communal outdoor terrace, and a 25-car automated garage in the cellar level.
Following multiple rounds of negotiations with the Landmarks Preservation Commission, the local community Board, and the City Planning Commission, Anbau also agreed to include four affordable rental units available at 80 percent AMI.