Extell plans 18-story Midtown resi building

New 41-unit structure would replace one with 122 units

New York /
Nov.November 12, 2015 02:00 PM

Gary Barnett’s Extell Development is planning a new 18-story residential building just south of Central Park, according to a permit application filed with the city Thursday.

The new structure at 134 West 58th Street will house 41 residential units in just over 52,000 square feet of space.

Issac & Stern Architects is serving as the architect of record. 

The units will be distributed like this: two apartments on the first floor, three each on the second through 12th floors and just one large unit apiece on the 13th through 18th floors. The building will also have a rooftop recreation space, the filing shows.

An LLC affiliated with Extell bought the 15-story, 121-unit rental building in 2008 for $39 million. All the residential space in the building spans about 60,000 square feet, meaning units there average about 502 square feet. Units at the new building will average 1,268 square feet.

A representative for Extell could not be reached for comment.

Extell had also been in talks to buy an adjacent lot at 123-141 West 57th Street, the site of the Calvary Baptist Church and the Salisbury Hotel, Crain’s reported in May. That property has 241,000 square feet of available air rights. Extell’s filing suggests those discussions may have fallen through.


Related Articles

arrow_forward_ios
One Manhattan Square Extell Development CEO Gary Barnett (Credit: Curbed NY)
Extell lands $690M refinancing package for One Manhattan Square
Extell lands $690M refinancing package for One Manhattan Square
Extell Development's Gary Barnett (Credit: Getty Images and iStock)
Chelsea residents paid Gary Barnett $11M to protect their views from a planned tower
Chelsea residents paid Gary Barnett $11M to protect their views from a planned tower
Central Park Tower
Extell just went public with Central Park Tower listings
Extell just went public with Central Park Tower listings
Robert Herjavec and One57 (Getty, Beyond My Ken/Wikimedia)
Robert Herjavec buys One57 condo at $13M discount
Robert Herjavec buys One57 condo at $13M discount
A diamond is forever. Is the Diamond District?
A diamond is forever. Is the Diamond District?
A diamond is forever. Is the Diamond District?
Kevin Clayton with Central Park Tower (Clayton Homes, Central Park Tower)
CEO of modular homebuilder buys condo on Billionaires’ Row
CEO of modular homebuilder buys condo on Billionaires’ Row
Kathryn Garcia and Eric Adams (Getty)
Elections board withdraws count showing Adams’ lead over Garcia narrowing
Elections board withdraws count showing Adams’ lead over Garcia narrowing
Gary Barnett has another problem at UES site: a stabilized tenant
Gary Barnett has another problem at UES site: a stabilized tenant
Gary Barnett has another problem at UES site: a stabilized tenant
arrow_forward_ios

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

Loading...