111 West 57th Street | The Real Deal New York

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111 West 57th Street

111 West 57th Street
New York, NY 10019
(646) 625-3640
Office, Retail, Residential, Sales, Conversion, Leasing/Rental, Condo (Building), Other
  • Address 111 West 57th Street
  • neighborhood Midtown
  • borough Manhattan
  • owner JDS Development Group
  • developer JDS Development Group
  • owner entity 111 WEST 57TH PROPERTY OWNER LLC
  • architect SHOP ARCHITECTS PC
  • PLANS DISCLOSED 08/06/2013
  • dob permit issued 01/15/2015
  • DOB FILE PLANS 08/06/2013
  • DOB FILE Link
  • LIST/LAUNCH SALES 10/15/2015
  • height in feet 1,431
  • floors 15
  • Year Built 1924
  • ag file plans 05/12/2015
  • AG FILE Link
  • residential units 60
  • total units 2
  • square feet 199,952
  • const. status Under Construction
  • block and lot 1-01010-0025
  • BIN 1023728
  • documents click here

10/12/17
...Group and Property Markets Group’s supertall at 111 West 57th Street and $65 million for Extell Development’s East Harlem project. Last month, Icon reached a...

10/06/17
...with lenders at their planned supertall condo at 111 West 57th Street, which is facing cost overruns. And at 2 Herald Square, the long-warring Sitt brothers have...

08/30/17
...Kevin Maloney, Michael Stern and a rendering of 111 West 57th Street A judge struck down Ambase Corporation’s bid to block a strict foreclosure on...

08/29/17
...Street and Michael Stern and Kevin Maloney’s 111 West 57th Street. The problem is that several big overseas investors retreating from New York would no...

08/15/17
...Kevin Maloney, Michael Stern and a rendering of 111 West 57th Street Is Michael Stern and Kevin Maloney’s supertall condominium project 111 West 57th Street heading...

08/14/17
...at JDS Development and Property Markets Group’s 111 West 57th Street project and predicted more distress in the luxury residential market, including at 53 W 53, a...

08/03/17
...and Kevin Maloney’s supertall condo development at 111 West 57th Street, The Real Deal has learned. The wealthy Middle Eastern country's investment arm, the Qatar...

08/02/17
...From left: Rendering of 111 West 57th Street, Michael Stern and Kevin Maloney (Credit: Getty Images) It’s not all bad news...

08/01/17
...be competing with the likes of 220 CPS and 111 West 57th Street, as well as top-of-the-line condos in other parts of the city. “There is definitely...

07/31/17
...of late March. It's the mezzanine lender at 111 West 57th Street, a supertall condo project that is dealing with a lawsuit between the developers and...

07/19/17
...Avenue have this particularly crucial amenity, as will 111 West 57th Street, 53W53, 220 Central Park South and 111 Murray Street. Even so, don’t mistake dampers for...

07/19/17
...construction arm for most of its projects, including 111 West 57th Street and the American Copper Buildings at 626 First Avenue. Related Companies is general contractor on...

07/10/17
...From left: Rendering of 111 West 57th Street, Michael Stern and Kevin Maloney (Credit: Getty Images) An equity investor in the supertall...

06/28/17
...Group and Property Markets Group postponed sales at 111 West 57th Street last year. “If the market were red-hot, people would be buying off plans, throwing...

05/12/17
...and Kevin Maloney’s Billionaires’ Row development at 111 West 57th Street. He was also invested in 10 Sullivan Street, a 16-story condo building developed by Maloney...

05/03/17
...Group used concrete with 14,000-pounds-per-square-inch compression strength at 111 West 57th Street.  — Kathryn Brenzel...

04/03/17
...guaranteeing loans on his Steinway Tower project at 111 West 57th Street in Manhattan. Zackson claims Maloney promised to procure a construction loan but couldn't deliver...

03/28/17
...Property Markets Group's Billionaires' Row condo supertower at 111 West 57th Street, where he said he was the first financial backer. The developers have completed a...

03/24/17
...s equity interest in a condo project at 111 West 57th Street. Meanwhile, Madison is locked in another legal battle with brokerage Town Residential over the...

03/17/17
...Extell Development Corp.'s One57 and JDS Development's 111 West 57th Street. No word on the kind of shadows Oiio's building would cast. -- Kathryn Brenzel...

03/09/17
...Group and Property Markets Group suspended sales at 111 West 57th Street last year. At the time, PMG’s Kevin Maloney preached the value of waiting...

02/14/17
...111 West 57th Street (credit: Hayes Davidson) From the February issue: For more than a year now, weakness...

01/18/17
...From left: Kevin Maloney, a rendering of 111 West 57th Street and Michael Stern Nine months after AmBase Corp. sued JDS Development and Property Markets...

12/23/16
...Property Group. Battle on Billionaires' Row Rendering of 111 West 57th Street in Midtown (inset, from left: Kevin Maloney and Michael Stern) Michael Stern’s JDS...

12/19/16
...his decision to delay the sales launch at 111 West 57th Street, he told Bloomberg: “If you have a market where you think marketing would be...
  • Event Financing
  • Building Name 109-113 West 57th Street
  • Address 109 West 57th Street
  • Neighborhood Midtown West
  • Borough Manhattan
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
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
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
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.

12/31/15
...million for a spread at 220 Central Park South.) 111 West 57th Street On the heels of the One57 deal, TRD reported the Chetrit Group would ask...

12/28/15
...of Manhattan’s changing cityscape, with towers like 111 West 57th Street and the Central Park Tower claiming space on the skyline. Now, creative design firm...

...by JDS Development and Property Markets Group’s 111 West 57th Street at 1,431 feet. Joseph Moinian, the CEO of the Moinian Group, attributed his firm’s...

...and JDS Development and Property Markets Group’s 111 West 57th Street, the tallest and second-tallest planned towers in the city, don’t appear to have...

...ultra-luxury towers rise near it. (They include JDS’ 111 West 57th Street, Zeckendorf Development’s 520 Park, Vornado Realty Trust’s 220 Central Park South and Macklowe Properties...

...Central Park South, One57 and 432 Park, there’s 111 West 57th Street, the super-skinny tower being planned by JDS Development and Property Markets Group. Together those...
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