S.W. Management has acquired, for $61.5 million, the 15-story, 121-unit residential building at 134 West 58th Street, in Midtown, Commercial Observer reported. The developer purchased the property from Extell Development, who previously filed applications at the site for a new 18-story, 41-unit residential building, as YIMBY reported late last year. It’s not known if the new owner will follow through with those plans. Building permits were granted in April to develop a 60,324-square-foot project. The residential units would have averaged 1,283 square feet apiece and amenities would have included storage for 21 bikes, private residential storage, a ‘recreation room” on the ground floor, and a rooftop recreational area. Issac & Stern Architects was the architect of record. Demolition permits haven’t been filed for the existing apartment building.
There are only a few locations outside of Midtown and the Financial District that support supertall (or near supertall) development. The newest such location is the far Lower East Side, where Extell’s 252 South Street, also known as One Manhattan Square, is now rising. While several renderings of the project have been revealed, YIMBY now has a full video of the soon-to-be skyscraper and its impact on the Manhattan skyline, posted on the YIMBY Forums and also on Curbed.
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.
On Friday, we brought you an update on construction of 220 Central Park South, now quickly rising over the park. However, what’s behind it will eventually eclipse it. We’re talking about 217 West 57th Street, officially known as Central Park Tower and dubbed Nordstrom Tower by YIMBY.
Last summer, the Times reported that Extell had acquired the third and final piece of City Point, a sprawling mixed-use development in Downtown Brooklyn. The developer rolled out initial renderings for their 59-story tower at 138 Willoughby Street in January, and now we have a better look at what will eventually be one of Brooklyn’s tallest towers.