The Real Deal New York

Extell’s One57 crane collapse saga draws to a close

November 11, 2013 10:02AM

Extell Development has finally taken down its much-maligned crane at One57, the developer said. “As One57 approaches completion, with its first closings scheduled for December, the crane was safely and successfully removed from the building this morning,” Extell said in a statement.

“We would like to thank our neighbors [for] their understanding, as well as all the city agencies involved in this operation,” the developer added.

The crane at the luxury condominium development at 157 West 57th Street first came into the spotlight during Hurricane Sandy last year, when the storm caused the crane to snap backwards, as The Real Deal reported. And last month, a replacement crane at the site stalled with a heavy load dangling in midair.  — Hiten Samtani