111 West 57th Street

111 West 57th Street

111 West 57th Street Lands $725 Million In Financing

JDS and PMG’s 82-story, 60-unit condominium tower at 111 West 57th Street, in Midtown, has received a $725 million construction loan, thanks to AIG and Apollo Global Management. SHoP Architects is designing, and the supertall is now expected to stand 1,438 feet to its pinnacle. The existing Steinway building is being partially demolished, and foundation work is currently underway, with completion slated for 2018, according to Crain’s Business. In April, YIMBY brought you new renderings of the project.


New York 2020

New Renderings Show New York’s Future Skyline

Visualhouse sent along a rendering of the Manhattan skyline circa 2030, and the vista will be far more impressive than today’s, with supertalls set to line both 57th Street and the Far West Side. The image leaves out the new World Trade Center as well as several major projects in Midtown and on the Far West Side (and Nordstrom is also missing its cantilever), but the picture gives a good idea of the changes New Yorkers can expect over the next few years, even though the approximation is likely closer to 2020 than 2030, given that all depicted additions (besides 15 Penn) should be complete by 2018/2019.

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