Plans for 350 Park Avenue were revealed last year but we won’t see the supertall complete until 2027 at the earliest. In a 2019 fourth quarter earnings call last week for Vornado Realty Trust, the company confirmed that ongoing leases would conclude by end of 2023, which is the earliest it could begin to take down the current building and build the almost 1,500-foot-tall office skyscraper.
Extell has revealed renderings of the Central Park Tower’s 100th floor residential club. Perched over 1,000 feet above Billionaires’ Row, this will be the highest residential lounge in the world. The club will span 8,300 square feet and include a private ballroom, a dining room, a bar, a full-service kitchen, and a wine and cigar lounge. The 1,550-foot-tall skyscraper, which is also addressed 217 West 57th Street, is designed by Adrian Smith + Gordon Gill and will contain 179 residences, on which Extell is expecting a $4 billion sellout. The 100th floor club is designed by Rottet Studio, which also designed the residential interiors.
SHoP Architects‘ 111 West 57th Street recently reached another milestone as work has commenced on the installation of the transparent paneling on the supertall’s steel crown. This is the final major external component of the world’s most slender skyscraper, which is developed by JDS Development, Property Markets Group, and Spruce Capital Partners. The 1,428-foot-tall tower will contain 46 condominiums designed by Studio Sofield and marketed by Douglas Elliman.
Exciting and long-awaited news has been announced in the Financial District, as a return to the original architect for Two World Trade Center has been confirmed. The New York Post reports that Norman Foster’s original 2006 supertall proposal, aka 200 Greenwich Street, is getting another shot at becoming a reality with a more updated design. In 2018, YIMBY was the first to indicate this was a possibility in an interview with Larry Silverstein, head of Silverstein Properties, who said Foster’s vision was still on the table, although at that point the Bjarke Ingels design was the apparent lead contender for construction.
YIMBY’s 2019 New Building Report, released this time last year, showed a major jump in applications from 2017 into 2018, with new residential units filed with the Department of Buildings rising from 20,393 to 34,039. YIMBY’s 2020 New Construction Report shows that citywide gains continued into 2019, with total units filed increasing to 36,467, a jump of 2,428 or 7.1%. The full report is available in spreadsheet format at the link for $199.