One 57 at 157 West 57th Street

New York /
Jul.July 10, 2014 11:57 AM
One57, Extell Development’s 90-story condo and hotel project, has made headlines for its speedy sales and record-setting prices. Six months after sales began in November 2011, half of the 94 condos were spoken for. Multiple apartments at the already legendary building are reportedly in contract for upwards of $90 million. Notably, during Hurricane Sandy, the One57 construction site was the location of a crane collapse; the incident caused an evacuation of the immediate area and the crane’s dangling boom became one of the enduring images of the storm. As of early July, prices for officially listed units ranged from $6 million for a 1,000-square-foot one-bedroom to $41 million for a 4,483-square-foot three-bedroom. The ultra-luxury building was designed by Christian de Portzamparc, with interiors by Thomas Juul-Hansen. Amenities are plentiful, and include a doorman, a concierge, a gym and a swimming pool. A Park Hyatt will occupy the lower 25 floors. Contact www.one57.com or 212-570-1700.
NAMEOne57PRICE RANGEFrom $6,000,000 to $41,000,000
ADDRESS157 West 57th StreetSIZE RANGEFrom 1,000 Sq Ft to 5,475 Sq Ft
TYPENew BuildingAVG PPSF$6,688
TOTAL UNITS94TAX ABATEMENTYes
DEVELOPERExtell DevelopmentAVG COMMON CHARGES1.45/sf
BROKERExtell Development CompanyFINISHED BY2014
Source: Streeteasy, BuzzBuzzHome, TRD, news reports. Data as of early July. List primarily includes Manhattan condo projects that have started sales since Jan. 1, 2010 that have units on market. Projects that started sales since Jan. 1, 2010 that subsequently sold out, have all units in contract or don’t currently have any listings on the market were excluded in most cases. “Price range,” “Size range,” “Avg PPSF (Price Per Square Foot)” and “Common Charge” refer to units currently for sale.

Related Articles

arrow_forward_ios
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
 Fredrik Eklund and the property (Getty, Steve Frankel)
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Gordon Ramsey and his Lucky Cat restaurant (Lucky Cat)
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Mindspace founders Dan Zakai and Yotam Alroy. (David Garb for Mindspace)
Mindspace gets $72 million induction to continue shared-space expansion
Mindspace gets $72 million induction to continue shared-space expansion
Abalone Point, Laguna Beach California. (Photo D Ramey Logan.jpg from Wikimedia Commons by D Ramey Logan, CC-BY 4.0)
$70 million purchase a record sale in Orange County, California
$70 million purchase a record sale in Orange County, California
Jared Kushner (Getty)
Jared Kushner looks to Persian Gulf for investment-firm financing
Jared Kushner looks to Persian Gulf for investment-firm financing
Chinese President Xi Jinping (Getty)
Chinese regulators ease some real estate controls
Chinese regulators ease some real estate controls
Last remaining Japanese-American farm on LA peninsula to shutter
Last remaining Japanese-American farm on LA peninsula to shutter
Last remaining Japanese-American farm on LA peninsula to shutter
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...