advanced search 111 West 57th Street Condominium
New York, NY 10019
646-625-3640
Residential, Sales, Condo, Multifamily
The sponsor(s) filed plans on 05/12/15 for a condo project at 111 West 57th Street with 60 residential units. The sponsor(s) were approved to market the units for sale on 10/15/15.
- Address 109 West 57 Street
- neighborhood Midtown West
- borough Manhattan
- owner JDS DEVELOPMENT GROUP
- developer JDS DEVELOPMENT GROUP
- owner entity 111 WEST 57TH PROPERTY OWNER LLC
- architect Shop Architects
- PLANS DISCLOSED 08/06/2013
- dob permit issued 01/14/2015
- DOB FILE PLANS 08/06/2013
- DOB FILE Link
- LIST/LAUNCH SALES 10/15/2015
- height in feet 1,431
- floors 82
- ag file plans 05/12/2015
- AG FILE Link
- residential units 60
- commercial units 0
- hotel units 0
- total units 93
- square feet 316,396
- const. status UNDER CONSTRUCTION
- block and lot 1-01010-0025
- BIN 1023728
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- Event Financing
- Building Name 109-113 West 57th Street
- Address 109 West 57th Street
- Neighborhood Midtown West
- Borough Manhattan
- Publication Date 09/01/2013
- Event Date 07/23/2013
- Party 1 JDS Development Group
- Party 2 Meridian Capital Group
notes
A $230 million loan was provided for the acquisition of the property. The one-year, interest-only loan features a fixed rate and two six-month extension options. As part of the deal, JDS Development Group, together with partner Property Markets Group, also recapitalized and consolidated its existing development site at 105-107 West 57th Street. Comm. building.
- Event Sales
- Address 107 West 57th Street
- Neighborhood Midtown West
- Borough Manhattan
- Price $ 177,800,000
- Publication Date 08/01/2013
- Event Date 06/22/2013
- Party 1 Brokerage CBRE, Corcoran Group
- Party 1 Broker Darcy Stacom
- Party 2 JDS Development, Property Markets Group
notes
The Steinway Building at 109 West 57th Street, its accompanying land lease and the site next door at 107 West 57th Street sold for $177.8 million. The buyers plan to build condo units and retail in a tower that is expected to rise to more than 900 feet. Includes 109 West 57th Street.
- Event Sales
- Address 105 West 57th Street
- Neighborhood Midtown West
- Borough Manhattan
- Price $ 40,000,000
- Publication Date 07/01/2012
- Event Date 05/22/2012
- Party 1 Starwood Capital
- Party 2 JDS Development Group
notes
The majority interest in the development site sold for $40 million. The buyer plans to break ground on a new 100,000-square-foot, mixed-use retail and luxury residential project in the spring or early summer.
- Event Office Leasing
- Address 111 West 57th Street
- Neighborhood Midtown West
- Borough Manhattan
- Square feet 9,637
- Publication Date 07/10/2010
- Event Date 05/31/2010
- Party 1 Steinway
- Party 1 Brokerage Cushman & Wakefield
- Party 2 Victory Schools
- Party 2 Brokerage Savills Studley
- Party 2 Broker Ken Ruderman, Michael Goldman, Key Otomo, Thomas Carragher
notes
The education company signed a lease renewal.
- Event Office Leasing
- Address 111 West 57th Street
- Neighborhood Midtown West
- Borough Manhattan
- Square feet 12,749
- Price per foot $ 52.00
- Publication Date 12/01/2009
- Event Date 10/22/2009
- Party 1 Steinway & Sons
- Party 1 Brokerage Cushman & Wakefield
- Party 1 Broker Mark Lauzon
- Party 2 Municipal Art Society
- Party 2 Brokerage Cushman & Wakefield
- Party 2 Broker Carri Lyon
notes
The non-profit inked a new 10-year lease for the entire 16th floor. The company is moving from the Villard Houses at 455 Madison Avenue.
- Event Sales
- Building Name 105-07 West 57th Street
- Address 105 West 57th Street
- Neighborhood Midtown West
- Borough Manhattan
- Price $ 52,000,000
- Publication Date 11/01/2006
- Event Date 09/22/2006
- Party 1 Investcorp and Ceebraid-Signal
- Party 2 Starwood Capital Group
notes
The former home of the Ritz fur shop was acquired for $52 million. Plans for the site have not been disclosed.
- Event Sales
- Address 107 West 57th Street
- Neighborhood Midtown West
- Borough Manhattan
- Price $ 25,000,000
- Publication Date 07/01/2005
- Event Date 05/22/2005
- Party 1 Family-owned
notes
82,202 mixed-use bldg planned
- Event Office Leasing
- Address 111 West 57th Street
- Neighborhood Midtown West
- Borough Manhattan
- Square feet 2,957
- Publication Date 01/01/2004
- Event Date 11/22/2003
- Party 1 Steinway Musical Instruments
- Party 1 Brokerage CBRE
- Party 2 AFC Realty Capital
- Party 2 Brokerage AFC Realty Capital
notes
Firm doubles space in move from 888 Seventh Ave.