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 01/08/1900
  • 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 On The Market
  • block and lot 1-01010-0025
  • BIN 1023728
  • documents click here

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...

12/07/16
...Markets Group offered deals to early buyers at 111 West 57th Street to jump-start sales. More than 3,500 new condos were expected to hit the market in...

10/21/16
...From left: 10 Sullivan, 111 West 57th Street, 160 Leroy Street and 12 East 88th Street From the October issue: A couple of years...

10/12/16
...Sutton Place and 111 West 57th Street From the October issue:  From partnership disputes to allegations of fraud, this year has...

10/05/16
...Group delayed sales at their skinny supertall at 111 West 57th Street, and Witkoff shelved plans to convert the Park Lane Hotel into luxury condos. Though...

09/07/16
...and Property Markets Group’s supertall tower at 111 West 57th Street from AIG and Apollo Global Management. So far in 2016, Appel — who works largely in...

09/06/16
...From clockwise: 252 East 57th Street, 111 West 57th Street, an illustration of Bill de Blasio and Andrew Cuomo, Robert Reffkin drawn as a...

09/02/16
...purposefully delaying the official sales launch at supertall 111 West 57th Street. “If you have cash, I can’t imagine there’s not a condo project...

08/30/16
...Group, Property Markets Group and AmBase Corp. at 111 West 57th Street...

08/05/16
Developers Gary Spindler and Roy Schoenberg are suing Michael Stern’s JDS Development to block the firm’s planned supertall rental tower on the Lower East Side....

07/30/16
...A rendering of 111 West 57th Street With a glut of high-end supply floundering on the market, some top agents are...

07/15/16
...PMG is also co-developing the skinny supertall at 111 West 57th Street with JDS Development Group. In March, the developers said they would hold off on...

07/15/16
...announced that they would be delaying sales at 111 West 57th Street, citing a slowing luxury condo market. The Real Deal reported last week that PMG...

07/06/16
UPDATED, July 7, 10:18 a.m.: It’ll be a while before there’s a cherry on this cake. Tags: 247 Cherry Street, dob, JDS Development Group, Two...

06/27/16
...Michael Stern, flanked by 111 West 57th Street (left) and 9 DeKalb Avenue From the June issue: Like Manhattan’s jagged skyline, the...

06/14/16
...s trying to build with open-shop labor, particularly 111 West 57th Street, an ultra-skinny luxury condo slated to rise to a height of more than 1,400 feet...

06/06/16
...Michael Stern, flanked by 111 West 57th Street (left) and 9 DeKalb Avenue From the June issue: Like Manhattan’s jagged skyline, the...
  • 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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