West 57th Street | TRD Research
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West 57th Street

West 57th Street
New York, NY 10019
Other

West 57th Street is a 231,000 square foot property built in 1930 in the Clinton neighborhood of Manhattan. The property has an occupancy classification of "elevator apartment; semi-fireproof without stores."

  • Address West 57th Street
  • neighborhood Clinton
  • borough Manhattan
  • owner entity NYC DOT
  • floors 2
  • Year Built 1930
  • total units 0
  • square feet 231,000
  • block and lot 1-01109-0020
  • BIN 1000000
  • Event Retail Leasing
  • Address 601 West 57th Street
  • Neighborhood Clinton
  • Borough Manhattan
  • Square feet 2,500
notes
The gym signed a lease for the Clinton location.
  • Event Retail Leasing
  • Address 601 West 57th Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 2,500
notes
The gym inked a lease for the Midtown West location.
  • Event Sales
  • Address 120 West 57th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 128,433
  • Price $ 41,000,000
  • Publication Date 10/29/2018
  • Event Date 10/22/2018
  • Party 1 New York REIT
  • Party 2 Arden Group
notes
The buyer acquired the Midtown property for $41 million.
  • Event Financing
  • Address 120 West 57th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 128,433
  • Price $ 31,000,000
  • Publication Date 10/29/2018
  • Event Date 10/22/2018
  • Party 1 Arden Group
  • Party 2 Fortress Credit
notes
The buyer secured an acquisition loan of $31 million for the Midtown property.
  • Event Sales
  • Address 41 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 100,000
  • Price $ 80,000,000
  • Publication Date 10/01/2018
  • Event Date 09/25/2018
  • Party 1 Asuman Polat
  • Party 2 Sedesco
notes
The buyer purchased the Plaza District property for $80 million.
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 30,431
  • Publication Date 08/20/2018
  • Event Date 08/15/2018
  • Party 1 LeFrak Organization
  • Party 2 PointState Capital
notes
The financial firm signed a deal to renew its lease for the Plaza District building.
  • Event Office Leasing
  • Address 9 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 69,000
  • Price per foot $ 200.00
notes
The private equity firm inked a deal to expand its 15-year lease for the Plaza District space at $200 per square foot.
  • Event Sales
  • Address 120 West 57th Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 128,433
  • Price $ 41,000,000
notes
The buyer entered into a contract to purchase the Midtown hotel for $41 million.
  • Event Financing
  • Address 224 West 57th Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 98,341
  • Price $ 145,000,000
  • Publication Date 07/02/2018
  • Event Date 07/02/2018
  • Party 1 Eretz Group
  • Party 2 Aareal Capital
notes
The owners secured a loan of $145 million for the Midtown West property.
  • Event Financing
  • Address 111 West 57th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Price $ 90,000,000
notes
The ownership secured a $90 million preferred equity stake at the troubled Midtown condo project.
  • Event Retail Leasing
  • Address 218 West 57th Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 12,000
notes
The attraction, based around the 2016 Trolls movie, inked a lease in Midtown West.
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 25,000
notes
The industrial investment firm inked a sublease for the 28th floor of the Plaza District building.
  • Event Retail Leasing
  • Address 250 West 57th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 19,000
  • Publication Date 02/28/2018
  • Event Date 02/26/2018
  • Party 1 Empire State Realty Trust
  • Party 2 T.J. Maxx
  • Party 2 Brokerage Ripco Real Estate
notes
The discount retailer expanded and renewed its lease in Midtown.
  • Event Office Leasing
  • Address 250 West 57th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 12,600
notes
The music industry management firm inked a lease in Midtown.
  • Event Office Leasing
  • Address 250 West 57th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 26,150
notes
The music-based entertainment group inked a lease for the entire floor.
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 5,535
notes
The financial services firm inked a lease for part of the 3rd floor.
  • Event Office Leasing
  • Address 250 West 57th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 85,400
  • Price per foot $ 67.00
notes
The society inked a lease for four floors in the 26-story building.
  • Event Sales
  • Address 500 West 57th Street
  • Neighborhood Hell's Kitchen
  • Borough Manhattan
  • Square feet 23,923
  • Price $ 19,000,000
  • Publication Date 11/01/2017
  • Event Date 09/28/2017
  • Party 1 Carl J. Ekblom, Jave Trust
  • Party 1 Brokerage CSRE Real Estate Advisors
  • Party 1 Broker Christopher Synder
  • Party 2 Extell Development
notes
The buyer acquired the building for $19 million from a family trust.
  • Event Financing
  • Address 500 West 57th Street
  • Neighborhood Hell's Kitchen
  • Borough Manhattan
  • Square feet 23,923
  • Price $ 11,100,000
notes
The owner acquired a loan for $11.1 million.
  • Event Financing
  • Address 10 West 57th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 81,174
  • Price $ 85,000,000
  • Publication Date 10/01/2017
  • Event Date 08/21/2017
  • Party 1 Solow Realty and Development
  • Party 2 JPMorgan Chase
notes
The development firm received a loan for $85 million.
  • Event Office Leasing
  • Address 3 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 7,400
notes
The network opened a temporary venue for Trevor Noah's 'The Daily Show.'
  • Event Office Leasing
  • Address 152 West 57th Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 4,331
notes
The investment advisor inked a lease.
  • Event Financing
  • Address 152 West 57th Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 555,000
  • Price $ 325,000,000
  • Publication Date 05/01/2017
  • Event Date 04/13/2017
  • Party 1 TF Cornerstone
  • Party 1 Brokerage Singer & Bassuk Organization
  • Party 1 Broker Jeremy Shell
  • Party 2 Metropolitan Life Insurance Company
notes
The entity secured a refinance of $325 million for the Carnegie Hall Tower on Billionaire's Row.
  • Event Financing
  • Address 415 West 57th Street
  • Neighborhood Hell'S Kitchen
  • Borough Manhattan
  • Square feet 12,500
  • Price $ 1,850,000
  • Publication Date 05/01/2017
  • Event Date 03/17/2017
  • Party 1 415 West 57th Street Tenants Corporation
  • Party 2 National Cooperative Bank
notes
A $1,350,000 first mortgage and a $500,000 line of credit were arranged for the cooperative.  
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 7,250
notes
The financial services provider signed a lease.
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06/01/2018
Nonetheless, Extell’s Gary Barnett is banking on the fact that there’s one more round of luxury sales to capture with his 179-unit Central Park Tower at 217 West 57th Street...

03/15/2018
New York's skyline has been filling up with one tower after another, and many of these projects are being designed by the top architecture firmsNew York's skyline has been filling up with one tower after another, and many of these projects are being designed by the top architecture firms...

02/19/2018
Clockwise from left: 30 Hudson Yards, Central Park Tower, Gary Barnett, Ric Clark, Stephen Ross and One Manhattan West One look at the Far West Clockwise from left: 30 Hudson Yards, Central Park Tower, Gary Barnett, Ric Clark, Stephen Ross and One Manhattan West One look at the Far West...

12/28/2017
The 95-story tower at 217 West 57th Street will be the city’s tallest residential building at 1,550 feet, the only one with its own ballroom and the first to list a staggering 20 units at $60 million or above...

11/06/2017
Clockwise from left: 250 West 57th Street, 1 Liberty Plaza and 135 Madison Avenue There was a noticeable slowdown in office leasing activity in October. Clockwise from left: 250 West 57th Street, 1 Liberty Plaza and 135 Madison Avenue There was a noticeable slowdown in office leasing activity in October....

10/01/2017
On Billionaires’ Row, JDS Development Group and Property Markets Group have been battling with lenders at their planned supertall condo at 111 West 57th Street, which is facing cost overruns...

09/01/2017
From left: Avi Schron; Jake, Zoe and Justin Elghanayan; Jared Kushner and Nicole Kushner Meyer; Jed Walentas New York City has a long, storied tradition From left: Avi Schron; Jake, Zoe and Justin Elghanayan; Jared Kushner and Nicole Kushner Meyer; Jed Walentas New York City has a long, storied tradition...

08/01/2017
Upon being named U.S. Secretary of Commerce, billionaire Wilbur Ross listed his penthouse at 171 West 57th Street for $21 million, after paying $18 million in 2007...

06/21/2017
That's mostly thanks to Extell Development's Central Park Tower on Billionaires' Row at 217 West 57th Street...

12/27/2016
But all the big-ticket office building loans can’t mask the near-absence of condo construction financing. Banks retreated from ground-up residential lending in 2016 amid fears of oversupply in the high-end condo market. Extell Development’s Central Park Tower, for example, could have conceivably made this ranking, but Gary Barnett hasn't been able to land the $900 million construction loan he desires to build the 88-story tower at 217 West 57th Street...

12/20/2016
Clockwise from left: 432 Park Avenue, 4 East 66th Street, 212 West 18th Street, 20 West 53rd Street and 33 East 74th Street UPDATED: Dec. Clockwise from left: 432 Park Avenue, 4 East 66th Street, 212 West 18th Street, 20 West 53rd Street and 33 East 74th Street UPDATED: Dec....

12/15/2016
From left: 53 West 71st Street, 147 Waverly Place, 150 Central Park South, and 157 West 57th Street The price cuts at Extell’s One57 just From left: 53 West 71st Street, 147 Waverly Place, 150 Central Park South, and 157 West 57th Street The price cuts at Extell’s One57 just...

11/11/2016
The Manhattan magnate in August closed on a $1.2 billion fixed-rate mortgage for his namesake Solow Building at 9 West 57th Street...

09/22/2016
From left: Coach CEO Victor Luis and a rendering of 10 Hudson Yards, WeWork CEO Adam Neumann and 12 East 49th Street Coach once owned From left: Coach CEO Victor Luis and a rendering of 10 Hudson Yards, WeWork CEO Adam Neumann and 12 East 49th Street Coach once owned...

09/01/2016
He was also the first major developer to begin building as the economy recovered from the 2008 crash, with his 1,005-foot-tall condo-and-hotel tower, One57. The building has a nearly $3 billion sellout price filed with the state attorney general and sale prices north of $6,000 per square foot. It also launched the Billionaires’ Row frenzy on West 57th Street...

07/01/2016
AvalonBay Communities, a publicly traded real estate investment trust, has completed or begun more than 3,000 rental units in the city within the last 10 years. TF Cornerstone, the real estate firm run by brothers K. Thomas and Frederick Elghanayan, has developed around 4,000 rental units in the last six years, including the 1,028-unit 606 West 57th Street, slated to open in 2017...

07/01/2016
Extell Development , for example, is seeking $190 million in EB-5 financing for its 95-story Central Park Tower at 217 West 57th Street and $200 million for its 80-story One Manhattan Square project at 252 South Street...

05/16/2016
In 1882, the developers of the Rembrandt declared they were seeking “people of means and good social standing,” as owners. The building, at 152 West 57th Street, was New York City's first co-op, a form of vertical living that quickly became ubiquitous in the city and still makes up a good chunk of its housing stock...

05/01/2016
Nest Seekers, meanwhile, saw listings jump more than 83 percent to $635.5 million, with star agent Ryan Serhant leading the way with mega listings like a duplex at 146 West 57th Street that’s asking roughly $15 million and a condo at 200 Chambers Street listed for roughly $13 million...

12/31/2015
The apartment at 550 Madison Avenue is set to take the cake as the most expensive listing in New York City (and its biggest, at 21,000 square feet.) And other developers followed suit: The Zeckendorf brothers are asking $130 million for a triplex penthouse at 520 Park Avenue, JDS Development Group and Property Markets Group are reportedly going to launch $100 million-plus penthouses at 111 West 57th Street, and even Ben Shaoul’s Magnum Real Estate Group is mulling a seven-figure ask at his redevelopment of the Verizon building at 140 West Street...

12/29/2015
New York City's most lucrative office leasing deals of 2015 (Click to expand) Step into my (very pricey) office. The 10 most lucrative New York City office leases signed New York City's most lucrative office leasing deals of 2015 (Click to expand) Step into my (very pricey) office. The 10 most lucrative New York City office leases signed...

12/28/2015
Clockwise from top left: 520 West 28th Street, the World Trade Center complex, 475 West 18th StreetAnd 303 East 44th Street Let’s face it -- Clockwise from top left: 520 West 28th Street, the World Trade Center complex, 475 West 18th StreetAnd 303 East 44th Street Let’s face it --...

09/01/2015
As of press time, it was also slated to be the tallest residential tower in the city at 1,494 feet, excluding its spire, followed by JDS Development and Property Markets Group’s 111 West 57th Street at 1,431 feet...

09/01/2015
In fact, it specializes in the less-glamorous and lower-profile world of landlord-tenant disputes, though its work does run the gamut, from financing deals as small as $3 million, to sizeable development projects, mostly on behalf of the Durst Organization, like Via, the 709-unit tetrahedron-shaped rental rising on West 57th Street and the West Side Highway...

06/01/2015
Extell’s Nordstrom Tower at 225 West 57th Street 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 construction loans in place yet...