NYC Supertall Building on Billionaires' Row Seeks Buyers

Written By Kristina Kennedy-Aguero | November 20, 2019 | Published in Urban Design, Neighborhood News
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The supertall condo at 111 West 57th Street, which is the Western Hemisphere’s second tallest residential building, stands in a privileged position just south of the southern boundary of Central Park. While there are many entries in the “Billionaires’ Row” luxury condo market, its location and fine details set this building a head above the competition. The developers, Spruce Capital Partners, Property Markets Group, and JDS Development know that its unique location and magnificent tapering terracotta and cast bronze facade will likely attract buyers. Billed as a modern masterpiece, this unique building honors the best of the city’s Golden Age of pre-war architectural design. The Steinway Hall was designed by Warren and Wetmore in 1925 and its rotunda, which has yet to be restored, has been a New York interior landmark since 2013. The new tower is built on the remaining buildable square footage linked to Steinway Hall, and the rotunda will become a retail space with a street entrance and a private entrance for building residents.

This tower is designed by the renowned SHoP Architects, whose founding principal Gregg Pasquarelli, states is “the quintessential tower designed and built by New Yorkers.” The impressive building stretches 1,428 feet into the Manhattan sky and offers perfectly centered views over Central Park. The 82 stories house a total of 60 units that are made up of single floor residences and duplexes. Each full-floor residence offers astounding 360-degree views over the park and Manhattan. The bronze and terracotta-finished exterior is designed to catch the rays of the sun and glisten on the city skyline.

Last week the model apartment on the 43rd floor was revealed. This full-floor condo, measuring 4,492 square feet, is on the market for $28.75 million. A penthouse on the 74th floor with four bedrooms and five bathrooms is priced at $57 million. Three-bedroom apartments with 3.5 baths have a price tag just short of $30 million on the upper floors, and around $20 million on the lower floors. All apartments feature soaring ceilings, floor-to-ceiling windows, and fine details, including elegant entrance galleries affording breathtaking views to the north and the south. The master bedrooms feature windows enhanced by bronze mullions, and the master bathrooms are finished in veined white onyx and feature a William Holland freestanding antique polished tub.

This luxury condo building features a porte-cochere with rusticated granite pavers and custom urn chandeliers, along with a 24-hour doorman and dedicated concierge. The entranceway is graced with a stunning mural by John Opella paying tribute to the site’s association with the Steinway piano brand. The building’s 82-foot lap pool has vaulted double-height ceilings, ornate custom wall sconces, lounge seating, and alcove cabanas. And the spacious outdoor terrace provides residents with the ideal spot for entertaining, enjoying al fresco dining, or just relaxing.

Central Park is not the only attraction in this enviable Midtown location. These luxury residences are close to the MoMA, Lincoln Center, and Carnegie Hall, and there are a host of fine dining options and great shopping experiences nearby. Interested in learning more about homes in this vibrant area? Visit the Elegran sales page or contact an agent today.

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