111 West 57th Street

Skyscraper in Manhattan, New York June 2023 November 2024 111 West 57th Street Steinway Tower Completed 111 West 57th Street logo.png 50 File:05 23 2022 Supertall Building 111 West 57th Street from Roof NYC.jpg 235 111 West 57th Street in May 2022 Manhattan, New York United States yes Neo-Art Deco (residential tower)Neoclassical (Steinway Hall) 40.7649 -73.9775 inline,title dim:2km dms July 8, 2015 (residential tower)June 1924 (Steinway Hall) October 2019 (residential tower) 2022 (residential tower)October 27, 1925 (Steinway Hall) 2019–2021 (Steinway Hall) SHoP Architects (Steinway Hall conversion and residential tower)Warren and Wetmore (Steinway Hall) $2 billion 572,348 ft2 m2 on 84 91marketing-levels Residential 1428 ft m on 1428 ft m on Concrete frame 14 WSP JDS Development Group and Property Markets Group Jaros, Baum & Bolles (MEP) 59 Subway: bullets at 57th Street IND Sixth Avenue Line https://111w57.com/ yes NYCL November 13, 2001 2100 Designated entity Steinway Hall facade NYCL September 10, 2013Landmarks Preservation Commission 2013 . 1 2551 Designated entity Steinway Hall rotunda 111 West 57th Street, also known as Steinway Tower, is a supertall residential skyscraper in the Midtown Manhattan neighborhood of New York City, New York, U.S. Developed by JDS Development Group and Property Markets Group, it sits on Billionaires' Row on the north side of 57th Street near Sixth Avenue. The main portion of the building is an 84-story, 1428 ft m off us on tower designed by SHoP Architects and completed in 2021. Preserved at the base is the 16-story Steinway Building (also Steinway Hall), a former Steinway & Sons store designed by Warren and Wetmore and completed in 1925, which originally carried the address 111 West 57th Street. The residential tower is designed in a neo-Art Deco style, while Steinway Hall is designed in a neoclassical style. 111 West 57th Street contains 59 luxury condominiums: 14 in Steinway Hall and 45 in the tower. The residential tower has a glass facade with piers made of terracotta; its pinnacle contains setbacks on the southern side. The tower is the fourth-tallest building in the United States, as well as the thinnest skyscraper in the world with a width-to-height ratio of about 1:24. Steinway Hall is a New York City designated landmark and has a facade made mostly of brick, limestone, and terracotta. 111 West 57th Street contains numerous resident amenities, housed mostly in the building's base, as well as a large rotunda within Steinway Hall that is also a designated city landmark. The Steinway & Sons store at 111 West 57th Street was proposed in 1916 but was not completed for another nine years due to lawsuits and other delays. Steinway Hall served as a store, recital hall, and office building for almost nine decades, though it was unsuccessful as a speculative development. Plans for a residential skyscraper on the site date to 2005, and JDS acquired the lots for the skyscraper between 2012 and 2013. The tower was constructed as an addition to Steinway Hall, which was restored as part of the project. Construction on the tower began in 2014, though the development faced several challenges, including financing difficulties, lawsuits, and controversies over employment. The tower topped out during April 2019 and was finished in 2022. Site thumb|left|Midtown Manhattan in September 2023, looking north from the Empire State Building's 102nd floor (1224 ft m 0 us or). 111 West 57th Street is labeled as "Steinway Tower".|alt=View of Midtown Manhattan in September 2023, looking north from the Empire State Building's 102nd floor (1,224 feet or 373 meters above ground level). 111 West 57th Street is labeled as "Steinway Tower". 111 West 57th Street is in the Midtown Manhattan neighborhood of New York City, New York, U.S. It is located one city block south of Central Park, between Sixth Avenue to the east and Seventh Avenue to the west.Yalniz 2020 . 76 The building occupies the land lots at 105–113 West 57th Street and contains frontage along 57th Street to the south and 58th Street to the north. The rectangular site covers 20,621 ft2, with a frontage of 106 ft on 57th and 58th Streets, and a depth of 200.83 ft between the two streets.111 West 57 Street, 10019 https://zola.planning.nyc.gov/l/lot/1/1010/7507 September 8, 2020 New York City Department of City Planning September 9, 2021 https://web.archive.org/web/20210909001816/https://zola.planning.nyc.gov/l/lot/1/1010/7507 live 111 West 57th Street occupies the same block as the Calvary Baptist Church, One57, and Alwyn Court to the west, and abuts The Quin immediately to the east. 111 West 57th Street is also near Carnegie Hall, Carnegie Hall Tower, and Metropolitan Tower one block west; Parker New York, 130 West 57th Street, and 140 West 57th Street across 57th Street to the south; and Hampshire House and Trump Parc across 58th Street to the north.NYCityMap http://maps.nyc.gov/ March 20, 2020 NYC.gov New York City Department of Information Technology and Telecommunications February 19, 2021 https://web.archive.org/web/20210219214900/http://maps.nyc.gov/doitt/nycitymap/ live The building stands across from the 57th Street station of the New York City Subway's Sixth 63rd.MMidtown 111 West 57th Street is one of several major developments around 57th Street and Central Park that are collectively dubbed Billionaires' Row by the media. Other buildings along Billionaires' Row include 432 Park Avenue four blocks southeast, 220 Central Park South one block northwest, Central Park Tower one block west, and the nearby One57.Satow Julie June 27, 2014 Moving In, Slowly, to 'Billionaires' Row' en-US The New York Times 0362-4331 https://www.nytimes.com/2014/06/29/realestate/manhattan-luxury-high-rise-gets-its-first-residents.html October 28, 2020 November 1, 2020 https://web.archive.org/web/20201101090659/https://www.nytimes.com/2014/06/29/realestate/manhattan-luxury-high-rise-gets-its-first-residents.html live Goldberger Paul May 2014 Too Rich, Too Thin, Too Tall? http://www.vanityfair.com/unchanged/2014/05/condo-towers-architecture-new-york-city December 5, 2016 Vanity Fair November 27, 2015 https://web.archive.org/web/20151127062635/http://www.vanityfair.com/unchanged/2014/05/condo-towers-architecture-new-york-city live 111 West 57th Street's base contains Steinway Hall, a former store and recital hall completed in 1925 for Steinway & Sons. Steinway Hall was designed by Warren & Wetmore and is a New York City designated landmark.267Landmarks Preservation Commission 2001 . 4Clarke 2023 30 . Steinway Hall was part of an artistic hub developed around the two blocks of West 57th Street from Sixth Avenue west to Broadway during the late 19th and early 20th centuries, following the opening of Carnegie Hall in 1891.Landmarks Preservation Commission 2001 . 6232 The area contains several buildings constructed as residences for artists and musicians, such as 130 and 140 West 57th Street, the Rodin Studios, and the Osborne Apartments. In addition, the area contained the headquarters of organizations such as the American Fine Arts Society, the Lotos Club, and the American Society of Civil Engineers.December 16, 2008 Society House of the American Society of Civil Engineers http://s-media.nyc.gov/agencies/lpc/lp/2297.pdf New York City Landmarks Preservation Commission 2 December 4, 2020 August 23, 2021 https://web.archive.org/web/20210823005513/http://s-media.nyc.gov/agencies/lpc/lp/2297.pdf live Architecture 111 West 57th Street, also known as Steinway Tower,Doyle Kiana August 18, 2022 A look at the world's skinniest skyscraper: Steinway Tower https://apnews.com/article/new-york-manhattan-be2da6fdc6c6463509ae51ad03463999 August 19, 2022 Associated Press News was developed by Michael Stern's JDS Development Group and Kevin P. Maloney's Property Markets Group (PMG).Plitt Amy First listings, floorplans for 111 West 57th Street finally appear Curbed NY October 1, 2018 https://ny.curbed.com/2018/10/1/17925114/midtown-new-york-111-west-57th-street-floorplans https://web.archive.org/web/20181002042935/https://ny.curbed.com/2018/10/1/17925114/midtown-new-york-111-west-57th-street-floorplans dead October 2, 2018 June 18, 2025 WSP USA was the structural engineer for the project, while Jaros, Baum & Bolles was the engineer in charge of mechanical, electrical, and plumbing. The building has two components. The base of the development contains Warren and Wetmore's Steinway Hall, above which is a 1,428 ft m -tall mid tower designed by SHoP Architects.Clarke 2023 194; Yalniz 2020 . 75–76 According to documents filed by SHoP Architects principal Gregg Pasquarelli, the roof slab of the tower is 1257 ft 6 in above ground level while the pinnacle is 1423 ft 7 in above ground.Pasquarelli 2015 . 165 The building contains 84 stories above ground level or 85 including the roof slab.April 7, 2016 111 West 57th Street – The Skyscraper Center https://www.skyscrapercenter.com/building/111-west-57th-street/14320 November 10, 2020 The Skyscraper Center June 12, 2020 https://web.archive.org/web/20200612172648/https://www.skyscrapercenter.com/building/111-west-57th-street/14320 live111 West 57th Street https://www.emporis.com/buildings/1215964/111-west-57th-street-new-york-city-ny-usa November 10, 2020 Emporis February 19, 2021 https://web.archive.org/web/20210219213347/https://www.emporis.com/buildings/1215964/111-west-57th-street-new-york-city-ny-usa usurpedPasquarelli 2015 . 185–186 The top story is numbered as floor 91, while floor numbers 5–7, 13, and 21–25 are skipped.marketing-levels SHoP Architects classifies the true number of stories above ground as "construction levels", which are labeled with a different "marketing floor" number. The numbering is as follows: 5th through 7th stories above ground – respectively labeled as floors 8–10 8th story – not given a number 9th and 10th stories – labeled as floors 11–12 11th through 17th stories – labeled as floors 13–20 19th through 85th stories – labeled as floors 25–91 The tallest habitable story of the tower is 1134 ft above ground level. There is also a sub-cellar and cellar, used primarily for utilities and storage.Pasquarelli 2015 . 183 Form The 16-story, L-shaped Steinway Hall has frontages of 63 ft along 57th Street and 100 ft on 58th Street.Landmarks Preservation Commission 2001 . 8Architecture and Building 1925 . 71 The concert hall has a setback above the 12th story on 57th Street, and setbacks above the 9th and 12th stories on 58th Street. The 16th story along 57th Street (marketed as floor 19marketing-levels) is also set back from all sides. The roof of Steinway Hall contains a campanile with a pyramidal copper roof and lantern, similar to the Mausoleum at Halicarnassus.359 1930Landmarks Preservation Commission 2001 . 9–10 Christopher Gray of The New York Times described the campanile as having a "sculptural, even funerary, caste".Gray Christopher September 12, 2008 A Beacon of the Changing Times en-US The New York Times https://www.nytimes.com/2008/09/14/realestate/14scap.html November 10, 2020 0362-4331 November 11, 2020 https://web.archive.org/web/20201111083812/https://www.nytimes.com/2008/09/14/realestate/14scap.html live The residential tower atop Steinway Hall occupies a site measuring about 59 by 75 ft across.width-ratio It is one of the tallest buildings in the United States, as well as the thinnest skyscraper in the world with a width-to-height ratio of about 1:24.Yalniz 2020 . 75Marcus Silvian 2015 The New Supers: Super-Slender Towers of New York https://global.ctbuh.org/resources/papers/download/2439-the-new-supers-super-slender-towers-of-new-york.pdf November 10, 2020 Council on Tall Buildings and Urban Habitat 65 August 11, 2020 https://web.archive.org/web/20200811122326/https://global.ctbuh.org/resources/papers/download/2439-the-new-supers-super-slender-towers-of-new-york.pdf live111 West 57th Street, Manhattan, New York City https://www.designbuild-network.com/projects/111-west-57th-street-manhattan-new-york-city/ November 9, 2020 Design Build Network November 7, 2020 https://web.archive.org/web/20201107045602/https://www.designbuild-network.com/projects/111-west-57th-street-manhattan-new-york-city/ live none; 111 West 57th Street, New York https://www.wsp.com/en-GL/projects/111-west-57th-street-new-york November 9, 2020 WSP Global October 31, 2020 https://web.archive.org/web/20201031162341/https://www.wsp.com/en-GL/projects/111-west-57th-street-new-york livewidth-ratio One source gives a more precise width of 58.75 ft, while another source cites a different width of 58 ft. Due to its slenderness, the top stories sway several feet during high winds. The building has been characterized as part of a new breed of New York City "pencil towers".Wainwright Oliver February 5, 2019 Super-tall, super-skinny, super-expensive: the 'pencil towers' of New York's super-rich en-GB The Guardian https://www.theguardian.com/cities/2019/feb/05/super-tall-super-skinny-super-expensive-the-pencil-towers-of-new-yorks-super-rich December 2, 2020 0261-3077 December 2, 2020 https://web.archive.org/web/20201202075915/https://www.theguardian.com/cities/2019/feb/05/super-tall-super-skinny-super-expensive-the-pencil-towers-of-new-yorks-super-rich live The tower's northern elevation rises directly up to the pinnacle, and the southern elevation contains several setbacks as the tower rises, thinning the tower's footprint on higher floors.Alberts Hana R. March 30, 2015 57th Street Tower Ignores the Existence of Taller Neighbors http://ny.curbed.com/archives/2015/03/30/57th_street_tower_ignores_the_existence_of_taller_neighbors.php November 9, 2020 Curbed NY September 9, 2021 https://web.archive.org/web/20210909001819/https://ny.curbed.com/2015/3/30/9975816/57th-street-tower-ignores-the-existence-of-taller-neighbors deadThese setbacks are located at floors 51, 64, 71, 76, 80, 83, 86, and 89. The pinnacle's lighting pattern was commissioned by L'Observatoire International.Hylton Ondel October 20, 2015 A Behind the Scenes Look at How SHoP's Stunning Facade at 111 West 57th Street Will Come to Life https://www.6sqft.com/video-shops-terra-cotta-facade-at-111-west-57th-street-proves-we-can-build-em-like-we-used-to/ November 10, 2020 6sqft November 11, 2020 https://web.archive.org/web/20201111014556/https://www.6sqft.com/video-shops-terra-cotta-facade-at-111-west-57th-street-proves-we-can-build-em-like-we-used-to/ live Because of the shape of the tower's pinnacle, 111 West 57th Street has been nicknamed the "stairway to heaven".Mazzara Benjamin October 29, 2016 Inside The Supertalls: 111 West 57th Street https://www.bisnow.com/new-york/news/mixed-use/inside-the-supertalls-111-west-57th-street-67035 live https://web.archive.org/web/20201202165554/https://www.bisnow.com/new-york/news/mixed-use/inside-the-supertalls-111-west-57th-street-67035 December 2, 2020 November 11, 2020 Bisnow111 West 57th Street – Supertall! The Skyscraper Museum https://skyscraper.org/supertall/building/111-west-57th-street/ June 18, 2025 Facade Steinway Hall left|thumb|alt=Refer to caption|The 57th Street side of Steinway Hall before the construction of the residential tower Steinway Hall's exterior is neoclassical in style.Landmarks Preservation Commission 2001 . 1 On the first three stories of Steinway Hall's southern elevation, facing 57th Street, the facade is made of Indiana limestone above a pink-granite water table. Two rectangular portals flank a large central arch there.Landmarks Preservation Commission 2001 . 9 The outer portals contain wooden pocket doors,Pasquarelli 2015 . 168 which are surrounded by moldings and topped with entablatures. The central opening is a display window that contains an entablature supported by Ionic columns on either side, as well as a lunette above the entablature.Landmarks Preservation Commission 2013 . 7 The lunette has a cement sculptural group by Leo Lentelli, which contains a bas-relief of Apollo. Above the third story is a frieze that has medallions depicting classical composers and pianists, in addition to a plaque. The northern elevation on 58th Street is clad with brick, limestone, and terracotta. The lowest two floors are faced with rusticated limestone blocks; the first floor has loading docks on either end of the 58th Street elevation. One of the 58th Street loading docks led to a freight elevator for Steinway Hall's tenants, while the other led to a freight elevator used specifically by Steinway & Sons. Steinway Hall's upper stories are clad with brick. On 57th Street, there are three pairs of windows on each of the 4th through 12th stories. On 58th Street, there are five windows on each of the 3rd through 12th stories; there is a balustrade at the third story and a cornice atop the 9th story. Above the 12th story, on both 57th and 58th Streets, is a parapet capped by urns. The western elevation is clad with plain brick and contains some window openings. The 13th through 15th stories of Steinway Hall have chamfered corners and Ionic colonnades, with a parapet above the 15th story. The 16th story has brick piers at each corner, shallow arches on each side, band courses at the bottom, and a cornice at the top.Landmarks Preservation Commission 2001 . 10 Tower thumb|upright|alt=A construction crane installing panels on the building's southern facade in July 2019|The slender southern elevation with pinnacle installation, as seen from Sixth Avenue in July 2019 The tower section is designed in a neo-Art Deco style.111 West 57th https://www.shoparc.com/projects/111-west-57-street-2 SHoP 9 April 2026 The tower's facade was designed by BuroHappold and was inspired by older New York City skyscrapers including the Empire State, Chrysler, and RCA buildings.Clarke 2023 212 . Within the portion of the ground level not occupied by Steinway Hall, there are doors with aluminum or bronze frames.Davidson Justin June 9, 2021 A Slice of the Sky https://www.curbed.com/article/111-west-57th-street-nyc.html June 13, 2021 Curbed June 13, 2021 https://web.archive.org/web/20210613212639/https://www.curbed.com/article/111-west-57th-street-nyc.html live This section serves as the retail entrance and was included only because zoning rules mandated it. The northern and southern elevations consist of large glass curtain walls. There are bronze mullions between the windows, which project slightly from the glass curtain wall.Clarke 2023 212–213 .October 31, 2019 SHoP Architects' slender 111 West 57th Street skyscraper tops out in New York https://worldarchitecture.org/architecture-news/eehve/shop-architects-slender-111-west-57th-street-skyscraper-tops-out-in-new-york.html November 10, 2020 World Architecture Community November 10, 2020 https://web.archive.org/web/20201110204649/https://worldarchitecture.org/architecture-news/eehve/shop-architects-slender-111-west-57th-street-skyscraper-tops-out-in-new-york.html live The top section of the northern elevation, above the highest habitable story, contains reflective glass panels in front of the pinnacle's reinforced concrete walls.Young Michael September 16, 2020 111 West 57th Street's Terracotta and Bronze Façade Reaches Crown As Completion Nears, in Midtown https://newyorkyimby.com/2020/09/111-west-57th-streets-terracotta-and-bronze-facade-reaches-crown-as-completion-nears-in-midtown.html November 10, 2020 New York YIMBY November 10, 2020 https://web.archive.org/web/20201110204647/https://newyorkyimby.com/2020/09/111-west-57th-streets-terracotta-and-bronze-facade-reaches-crown-as-completion-nears-in-midtown.html live There are glass parapets above each setback, and the roof terraces also contain guard rails made of aluminum, bronze, or steel.Pasquarelli 2015 . 164 The eastern and western elevations contain narrow windows between vertical piers of glazed terracotta,Hughes C. J. September 6, 2018 A New Tower Rises Above Billionaires' Row The New York Times 0362-4331 https://www.nytimes.com/2018/09/06/realestate/a-new-tower-rises-above-billionaires-row.html May 29, 2019 May 29, 2019 https://web.archive.org/web/20190529222858/https://www.nytimes.com/2018/09/06/realestate/a-new-tower-rises-above-billionaires-row.html liveCherner Jessica McLaughlin Katherine April 11, 2022 Exclusive Look Inside the World's Skinniest Skyscraper https://www.architecturaldigest.com/story/see-inside-worlds-skinniest-skyscraper August 24, 2023 Architectural Digest which are made of extruded and glazed blocks arranged in a wave-like pattern. Six tones of white were used for the terracotta, which was manufactured in Germany and poured into one of 26 molds.Clarke 2023 213 . The terracotta piers are meant to be reminiscent of older terracotta designs in New York City, and the beige color complements the limestone facade of Steinway Hall. Each of the terracotta piers rises to the height of one of the setbacks on the pinnacle. There are also bronze mullions, which contain curving patterns resembling bird feathers, between the piers. The piers and mullions help stabilize the towerReid Robert L. May 30, 2017 Skinny 'Scrapers https://www.asce.org/cemagazine/skinny-scrapers/ November 10, 2020 American Society of Civil Engineers November 10, 2020 https://web.archive.org/web/20201110231157/https://www.asce.org/cemagazine/skinny-scrapers/ live by creating wind turbulence. Structural features Steel and concrete frame The existing Steinway Hall contains a structural steel frame atop a foundation with reinforced concrete and steel grillages. The rock under the building can support a load of 60 ST/ft2, and the building's footings measure between 6 and 13 ft thick. The foundations of the tower contain nearly 200 steel rods, which descend as much as 100 ft into the underlying bedrock. These deep foundations are necessitated by the tower's extreme slenderness. The building has two cellar levels. Steinway Hall originally had a cellar vault extending under the roadway at 57th Street, which was partially infilled and modified as part of the tower's construction.Pasquarelli 2015 . 162–163 The superstructure of the tower is made mostly of concrete, the strength of which ranges between 6000 and 14000 psi.Yalniz 2020 . 78 The structural design was influenced by Stern's requirement that there be no columns obstructing residents' views from their apartments, as well as the small dimensions of the tower's floors.Clarke 2023 213–214 . The core structural system is formed by two large shear walls installed behind the eastern and western facades, maximizing usable floor area. The two shear walls range in thickness from 30 - 36 in on the lower stories to 16 in on the upper stories. On the upper floors, the shear walls are recessed to accommodate corner windows. The tower's floor plates are high-strength concrete slabs with a compressive strength of 14,000 psi. They are reinforced with 5,500,000 ft2 of rebar and welded plates.November 11, 2019 111 West 57th Street Luxury Manhattan Condominium Tower Tops Out https://luxexpose.com/111-west-57th-street-luxury-manhattan-condominium-tower-tops-out/ November 10, 2020 Lux Exposé September 9, 2021 https://web.archive.org/web/20210909001858/https://luxexpose.com/111-west-57th-street-luxury-manhattan-condominium-tower-tops-out/ live The floors are supported by additional beams at three-story intervals. At the southern end of each floor are 6 ft -wide mid beams, as there is no space for standalone columns at the south end of the building.Yalniz 2020 . 77 There are two columns at the northern end of each floor; aside from these, the floor slabs are not interrupted by any other columns. On the mechanical floors, four outrigger walls link the columns with the mechanical core. Interior walls above the floor slabs also connect the shear walls. Three of the floors are unenclosed, allowing wind gusts to pass through the building, and thereby reducing vibrations caused by vortex shedding. Crown The building is topped by a "crown" measuring about 160 ft or 170 ft tall, which was inspired by the crown of the Chrysler Building. The crown rests on a deck made of metal composite and is reinforced by steel beams; it houses some of the building's mechanical equipment. The top of the tower includes an 800 ST LT t on tuned mass damper to provide stability against high winds or earthquakes.Higgins Michelle August 7, 2015 Keeping Skyscrapers From Blowing in the Wind The New York Times https://www.nytimes.com/2015/08/09/realestate/keeping-skyscrapers-from-blowing-in-the-wind.html August 16, 2015 0362-4331 August 16, 2015 https://web.archive.org/web/20150816093441/http://www.nytimes.com/2015/08/09/realestate/keeping-skyscrapers-from-blowing-in-the-wind.html live The damper consists of a pair of weights with tuned steel plates.Gröndahl Mika 2015-08-06 Reducing Skyscraper Sway https://www.nytimes.com/interactive/2015/08/06/realestate/Reducing-Skyscraper-Sway.html,%20https://www.nytimes.com/interactive/2015/08/06/realestate/Reducing-Skyscraper-Sway.html 2025-06-18 The New York Times en-US 0362-4331 Interior thumb|Interior of Bonhams space Studio Sofield designed the new spaces and redesigned the existing spaces at 111 West 57th Street;Alberts Hana R. April 6, 2015 SHoP's Slender 57th Street Tower Finally Reveals Its Interiors http://ny.curbed.com/archives/2015/04/06/shops_slender_57th_street_tower_finally_reveals_its_interiors.php May 8, 2015 Curbed NY September 9, 2021 https://web.archive.org/web/20210909001903/https://ny.curbed.com/2015/4/6/9973668/shops-slender-57th-street-tower-finally-reveals-its-interiors deadClarke 2023 214 . the interior of the original Steinway Hall had originally been designed by Walter L. Hopkins.Landmarks Preservation Commission 2013 . 1 There are 59 apartments in total. Originally, the building had 60 units, with 46 in the tower and 14 in Steinway Hall; the tower's top two units have been combined for a total of 45 tower apartments. According to the New York City Department of City Planning, the building has a gross floor area of 303,225 ft2. The building has 20,000 sqft m2 of amenity space across several floors.Gannon Devin October 29, 2019 See inside SHoP's slender supertall at 111 West 57th Street https://www.6sqft.com/see-inside-shops-slender-supertall-at-111-west-57th-street/ November 10, 2020 6sqft November 16, 2020 https://web.archive.org/web/20201116204438/https://www.6sqft.com/see-inside-shops-slender-supertall-at-111-west-57th-street/ liveItzkowitz Laura October 7, 2020 An Exclusive First Look at the Glamorous Interiors of 111 W 57th Street—NYC's Tallest Residential Building https://www.departures.com/lifestyle/architecture/new-york-city-rising-skyscraper-111-west-57th November 10, 2020 Departures November 9, 2020 https://web.archive.org/web/20201109050603/https://www.departures.com/lifestyle/architecture/new-york-city-rising-skyscraper-111-west-57th live Spanning the cellar and floors 1, 3, and 4 is a "non-residential unit",Bindelglass Evan June 6, 2016 Supertall 111 West 57th Street Sprouts from the Ground https://newyorkyimby.com/2016/06/supertall-111-west-57th-street-sprouts-from-the-ground.html November 11, 2020 New York YIMBY November 7, 2020 https://web.archive.org/web/20201107020656/https://www.newyorkyimby.com/2016/06/supertall-111-west-57th-street-sprouts-from-the-ground.html live which contains 54158 ft2 of commercial space. Several stories in the tower and base contain mechanical equipment,Pasquarelli 2015 . 183–184These are floors 2, 9, 21, 40–41, and 62–63, as well as the space on and above floor 84. while floors 51, 71, and 86 are unenclosed. 111 West 57th Street contains fourteen elevators: five in Steinway Hall and nine in the tower. Seven of the tower elevators are within individual suites, while the remaining seven elevators are shared by all residents.. Pasquarelli 2015 172 Steinway Hall had initially contained six elevators, one of which was upgraded as part of the residential project. Decorations, such as bas-reliefs of tourist landmarks such as St. Patrick's Cathedral and the Whitney Museum, are scattered throughout the building. There is also a four-story, 42000 ft2 on commercial space, which is used by auction house Bonhams 2026 y.Waddoups Ryan February 9, 2026 Bonhams Relocates to New York's Historic Steinway Hall https://galeriemagazine.com/bonhams-new-york-steinway-hall/ February 18, 2026 Galerie MagazineCarollo Elisa February 10, 2026 With a New U.S. Flagship, Bonhams Bets Big on Cross-Category Collecting https://observer.com/2026/02/bonhams-new-us-headquarters-111-west-57th-street-new-york/ February 18, 2026 Observer Ground floor center horizontal 600 Rotunda interior steinway hall nyc mia laberge art case piano.jpg The interior of Steinway Hall's rotunda, which had a piano showroom, prior to the construction of the residential tower Rotunda interior before residential conversion 111 West 57th Street Feb 2026 02.jpg The interior of Steinway Hall's rotunda, which has a piano for sale, after the construction of the residential tower Rotunda interior after residential conversion 111 West 57th Street Feb 2026 17.jpg Window on the rotunda's south wall Window on the south wall 111 West 57th Street Feb 2026 22.jpg Mural on the rotunda's ceiling Detail of ceiling murals The original western and eastern entrance vestibules on 57th Street have pink-granite floors and coffered domed ceilings. The eastern vestibule leads to a rectangular foyer with a vaulted ceiling, which in turn connects to the main rotunda and the original floor 2. The western vestibule leads north to a marble corridor that connects to Steinway Hall's original elevator lobby.Landmarks Preservation Commission 2013 . 6 The original elevator lobby had Botticino marble walls and black-and-white terrazzo flooring. A stone porte-cochère for residents is on 58th Street.Barron James December 24, 2019 The Hidden Perk That New York's Mega-Rich Now Demand en-US The New York Times https://www.nytimes.com/2019/12/24/nyregion/carports-nyc.html November 11, 2020 0362-4331 November 12, 2020 https://web.archive.org/web/20201112223141/https://www.nytimes.com/2019/12/24/nyregion/carports-nyc.html live There is a passenger and freight elevator connecting the cellar and ground-level loading dock. LobbySteinway Hall's octagonal rotunda has a domed ceiling measuring 35 ft tallClarke 2023 174 . and 45 ft across. The rotunda floor is made of yellow Kasota limestone from the U.S., with inlaid green marble rectangles from the Alps. The sides of the rotunda consist of four arches, each made of white Italian marble; pilasters made of green Greek marble, supporting coffered pendentives, and a continuous marble cornice just below the dome. A large chandelier hangs from the dome. Four paintings by Paul Arndt, depicting "the influence of music on human relations", are hung on the wall. The paintings are surrounded by grotesques and images painted by Cooper and Gentiluomo. The rotunda's southern wall contains the arched display window facing 57th Street. Behind the northern wall are three green-marble archways on floor 1 and a balcony on floor 2. The central arch on the north wall led to piano showrooms in the rear of floor 1, while the right arch led to the basement. The rotunda could seat up to 300 guests and a small symphony orchestra. When used by Steinway & Sons, the rotunda contained ornate furniture and paintings evocative of an upper-class home. After the residential tower was built in the 2010s, the rotunda was fitted with tinted interior windows, from which residents of 111 West 57th Street could view the space.Quinlan Adriane February 9, 2026 Bonhams Comes to Billionaires' Row https://www.curbed.com/article/bonhams-headquarters-billionaires-row-landmark-steinway-hall-reception-rotunda.html February 18, 2026 Curbed Steinway Hall's showrooms were clustered around a corridor that led from the rotunda. The corridor from the rotunda to these showrooms had dull red and old rose furniture, as well as green wall surfaces. The showrooms were covered with wood panels for better acoustics;Architecture and Building 1925 . 69–70 2026 y, the corridor from the rotunda is paneled in velvet. The first showroom past the rotunda and foyers was the Pine Room, which had pine-paneled walls, draped windows, illumination from chandeliers and ceiling bulbs, and an ivory-white plaster ceiling in low relief. Dimmers were provided so the light could be intensified for instrument examination. Two other showrooms had cream-colored, paneled walls and low-relief ceilings; one of these rooms had decorative paintings and medallions on the ceiling. Another showroom, known as the skylight room, had black-and-white wallpaper decorations depicting scenes in the French Empire style, as well as a skylight over more than half the room. The rear of the ground floor contained the Walnut Room, with walnut-paneled walls, windows facing 58th Street, and a beamed ceiling with pastel-color designs. Antique pieces throughout all the display rooms were arranged to complement the piano displays.Architecture and Building 1925 . 70 Following the construction of the residential tower, the rotunda was converted to a retail space with entrances from the residential lobby and the street.Fazzare Elizabeth June 1, 2020 The Rotunda at Manhattan's Historic Steinway Hall Shines Again https://www.architecturaldigest.com/story/the-rotunda-at-manhattans-historic-steinway-hall-shines-again November 11, 2020 Architectural Digest November 19, 2020 https://web.archive.org/web/20201119204708/https://www.architecturaldigest.com/story/the-rotunda-at-manhattans-historic-steinway-hall-shines-again livePlitt Amy June 30, 2017 Steinway Hall's restored facade is revealed as supertall construction progresses https://ny.curbed.com/2017/6/30/15896218/midtown-steinway-hall-skyscraper-construction November 11, 2020 Curbed NY November 17, 2020 https://web.archive.org/web/20201117063743/https://ny.curbed.com/2017/6/30/15896218/midtown-steinway-hall-skyscraper-construction dead Numerous artists, including Nancy Lorenz and John Opella, were hired to design the decorations in the residential lobby. The residential lobby contains gold and silver-leaf murals with ebony and elephant motifs, a reference to the materials used in pianos;Montes Geoffrey September 4, 2020 How Bill Sofield Is Pushing the Boundaries of Design at 111 West 57th https://www.galeriemagazine.com/bill-sofield-design-111-west-57th/ November 10, 2020 Galerie November 11, 2020 https://web.archive.org/web/20201111010645/https://www.galeriemagazine.com/bill-sofield-design-111-west-57th/ liveRosenberg Zoe October 30, 2019 Inside 111 West 57th Street, billionaire housing with a 'point of view' https://ny.curbed.com/2019/10/30/20938412/111-west-57th-street-model-apartment November 11, 2020 Curbed NY October 8, 2020 https://web.archive.org/web/20201008093503/https://ny.curbed.com/2019/10/30/20938412/111-west-57th-street-model-apartment dead the murals include a depiction of two elephants escaping the Central Park Zoo. Also in the lobby is a mailroom, concierge area, shared toilet, and lounge. Wood from the building's former loading docks was reused in the floor of the lobby. Lorenz designed custom bronze doors for the elevator lobby. There is also a 80 ft -tall mid retail lobby with a glass wall. Amenities and Steinway Hall units Floor 2 contained four display rooms, which generally were larger than the ground-floor showrooms. They generally had cream-colored walls and ceilings and were connected by a corridor with pea-green walls. The floor surfaces were laid in California redwood planks 2 in thick, which could withstand the weight of the pianos. Floor 3 was initially Steinway Hall's executive offices while floors 4 and 8 (originally the fourth and fifth floors, respectively) were composed of soundproof music studios. The original musical salon on floor 3 could fit 240 or 250 people and was designed with blue-gray plaster walls, a cream-colored low-relief ceiling, a gold-leaf cornice, an oak parquet floor, and a lighting system with a dimmer.Architecture and Building 1925 . 70–71 Following the residential conversion, floor 8 has contained a residents' rehearsal room and offices; the room's design references the building's historical use. The non-residential areas between the cellar and floor 4 are served by a single elevator. Floors 10 and 10M constitute the building's common amenity area.Pasquarelli 2015 . 184 There is an 82 by 12 on ft indoor poolPasquarelli 2015 . 181 housed within a 14 ft -tall mid room. The pool has a limestone deck and cabanas, and there are sauna, steam, and treatment rooms adjacent to the pool. Floors 10 and 10M also contain a private dining room, fitness center, and study. The fitness center has a terrace at mezzanine level, while the private dining room adjoins a catering kitchen. In addition, there is a lounge with outdoor terrace, as well as a golf simulator.Wall Sheridan Indursky Jake July 10, 2024 King Charles III entity snags 111 West 57th Street condo https://therealdeal.com/new-york/2024/07/10/king-charles-iii-buys-billionaires-row-condo/ December 2, 2024 The Real Deal The building also has a padel court,August 20, 2023 111 West 57th Street, the Design Tour de Force That Set a New Standard for Ultra-Luxury Living, Unveils New Rafael de Cárdenas Model Residence 66 Real Estate Weekly https://rew-online.com/111-west-57th-street-the-design-tour-de-force-that-set-a-new-standard-for-ultra-luxury-living-unveils-new-rafael-de-cardenas-model-residence-66/ August 24, 2023 Real Estate Weekly which, at the time of construction, was New York City's only private padel court.At 111 West 57th, brokers hope a private padel court is an ace The Real Deal Indursky Jake November 28, 2024 https://therealdeal.com/weekend/style/pro-padel-league-hits-billionaires-row/ December 2, 2024 Also within the amenity area is a bar inspired by the St. Regis New York's King Cole Bar,Blake John November 24, 2022 The world's skinniest skyscraper is now complete https://www.cnn.com/style/article/steinway-skyscaper-interior-design June 18, 2025 CNN none; Gannon Devin November 14, 2022 Newly unveiled interiors mark completion of slender supertall 111 West 57th Street https://www.6sqft.com/see-inside-111-west-57th-street-on-billionaires-row-in-nyc/ June 18, 2025 6sqft none; Barandy Kat November 10, 2022 Glimpse Inside New York's Ultra-thin Skyscraper at 111 West 57th Street https://www.designboom.com/architecture/111-west-57th-street-new-york-shop-architects-studio-sofield-inside-interiors-11-10-2022/ June 18, 2025 designboom with skylights, murals, and a balcony.Dreith Ben November 15, 2022 Studio Sofield completes interiors on world's skinniest supertall skyscraper https://www.dezeen.com/2022/11/15/studio-sofield-111-west-57th-street-steinway-tower-interiors-manhattan/ June 18, 2025 Dezeen The amenity area is decorated with a chandelier that was relocated from the rotunda. The amenity areas on floors 10 and 10M are connected by their own elevator. The remaining stories of Steinway Hall were originally rented as office space. The floors up to the 15th story (now floor 18) typically measured 11500 ft2, with more space facing 58th Street than 57th Street. The 16th story (now floor 19) was much smaller and was intended as a studio apartment. After the residential conversion, the space above the amenity area was converted to 14 units, which range between 2580 and 5269 ft2. They consist of ten 3-bedroom units, three 1-bedroom units, and one studio apartment. Floor 11 has one 3-bedroom unit as well as the studio and 1-bedroom units, while floors 12, 14, 16, and 17 each have two 3-bedroom units.Pasquarelli 2015 . 187–188 The largest unit, a three-bedroom duplex penthouse on floors 19 and 20, contains a stone entrance foyer, private terraces, an office, a den, a kitchen, and a living room with 26 ft on ceilings.Alexa Alexandra November 8, 2019 Striking penthouse inside the landmarked Steinway Building hits the market for $21M https://www.6sqft.com/penthouse-inside-111-west-57th-streets-landmarked-steinway-building-hits-the-market-for-21m/ November 10, 2020 6sqft November 11, 2020 https://web.archive.org/web/20201111011528/https://www.6sqft.com/penthouse-inside-111-west-57th-streets-landmarked-steinway-building-hits-the-market-for-21m/ live These units are all connected to ground level and floor 10 by a pair of elevators. Tower units The 45 (originally 46) condominiums in the building's tower range from 3873 to 7128 ft2. The apartments start above the 17th story, numbered as floor 20,marketing-levels because the views of Central Park from the lower floors are obstructed by neighboring buildings. There is a maximum of one apartment on each floor.November 5, 2019 Living in the world's skinniest skyscraper: Steinway Tower, NYC https://www.scmp.com/magazines/style/luxury/article/3036345/uniquely-new-york-inside-steinway-tower-us30-million June 19, 2025 South China Morning Post The units are mostly single-story, three-bedroom apartments, though there were originally seven duplex units on floors 60–61 and 72–83, which each have between two and four bedrooms. By 2025, the top two duplex units had been combined into a single unit on floors 80–83, with five bedrooms.Gannon Devin Penthouse at 111 West 57th Street hits the market for $110M 6sqft April 3, 2025 https://www.6sqft.com/penthouse-at-111-west-57th-street-hits-the-market-for-110m/ April 4, 2025Rappaport Sarah A "Quadplex" Penthouse on Billionaires Row Lists for $110 Million Bloomberg.com April 3, 2025 https://www.bloomberg.com/news/articles/2025-04-03/nyc-billionaires-row-penthouse-is-on-sale-for-110-million April 4, 2025 Many of the stories are open in plan and have 14 ft on ceilings. Each floor is arranged in a dumbbell shape, with rooms to the north and south of the structural core, connected by a narrow passageway. Many residences include spaces such as galleries and formal dining rooms with alcoves. In addition, materials like oak floors and panel doors are used throughout the apartments. P. E. Guerin Hardware designed the hardware, including bronze living-room doorknobs shaped like the tower's massing. The kitchens typically have quartzite counters as well as built-in appliances such as dishwashers, ovens, refrigerators, and freezers.. Pasquarelli 2015 184–185 The units also contain dark wood and onyx floors, alluding to the design of Steinway Hall, and the rooms are separated by doors measuring 9 ft tall. A typical unit, such as the residence on floor 43, has a living room facing north toward Central Park and master and guest bedrooms facing south, as well as walk-in closets and custom bathroom appliances. Quartzite decorations are used throughout the bathrooms as well. Some tower units have been customized, such as a unit on floor 34 that was redesigned by Kelly Behun with a musically influenced theme.Howorth Bebe Kelly Behun Hits All the Right Notes in Manhattan's Tallest New Skyscraper – 111 West 57th St. Elle Decor September 24, 2021 https://www.elledecor.com/celebrity-style/luxury-real-estate/a37690408/kelly-behun-111-west-57/ October 4, 2021 October 4, 2021 https://web.archive.org/web/20211004123452/https://www.elledecor.com/celebrity-style/luxury-real-estate/a37690408/kelly-behun-111-west-57/ live A pair of elevators connect each of the tower stories to the ground level and floor 10. One is a double-deck elevator with a service cab on the lower deck, which also descends to the cellar, while the other is a single-deck elevator. In addition, each of the duplex units has a private elevator connecting both floors in the unit. History Steinway Hall Since 1864, Steinway & Sons had operated a piano showroom and performance auditorium at 14th Street in Lower Manhattan, where the piano industry was concentrated. When Carnegie Hall opened in 1891, the piano industry moved uptown to 57th Street, prompting Steinway & Sons to look for new sites in that area.Landmarks Preservation Commission 2001 . 3Clarke 2023 173 . Construction and opening By July 1916, the company had identified a site at 109–113 West 57th Street, between Sixth and Seventh Avenues, with a parcel extending back to 58th Street.July 4, 1916 Steinway & Sons to Move Uptown; Piano Firm Buys West 57th St. Site and Plans to Erect Ten-story Building en-US The New York Times https://www.nytimes.com/1916/07/04/archives/steinway-sons-to-move-uptown-piano-firm-buys-west-57th-st-site-and.html November 10, 2020 0362-4331 June 2, 2021 https://web.archive.org/web/20210602224053/https://www.nytimes.com/1916/07/04/archives/steinway-sons-to-move-uptown-piano-firm-buys-west-57th-st-site-and.html liveLandmarks Preservation Commission 2001 . 3–4 The site had previously been occupied by residences.Landmarks Preservation Commission 2013 . 4 William K. Benedict and Marvin & Davis designed a 10-story building for the site. Work was delayed because the 1916 Zoning Resolution prohibited non-residential buildings on that section of 58th Street; additionally, neighborhood residents had filed lawsuits against Steinway & Sons, which were settled by July 1920. Steinway & Sons acquired eight lots on 57th and 58th Streets from 1920 to 1924, and Warren and Wetmore designed a 16-story building, for which plans were filed in July 1923. The new Steinway Hall was built from June 1924 to April 1925. Many of the studios had already been rented by late 1924.October 8, 1924 Many Rent Studio Offices in New 57th St. Building 25 New York Herald Tribune 1113041254 The hall at 111 West 57th Street officially opened on October 27, 1925, with a performance by Willem Mengelberg and 35 musicians from the New York Philharmonic, broadcast over radio.October 28, 1925 Throng at Opening of Steinway Hall; Notables in Music and Society at Dedicatory Concert by Mengelberg en-US The New York Times http://timesmachine.nytimes.com/timesmachine/1925/10/28/98842272.pdf 28 May 31, 2021 0362-4331Landmarks Preservation Commission 2001 . 5 The building had cost $3 million,. Lieberman 1997 331 representing about a quarter of Steinway & Sons' total assets at the time.. Fostle 1995 458 Steinway & Sons used the five lowest floors and rented out the upper floors. The basement housed storage, shipping, and a grand-piano testing area; the first story, a reception room and salesroom; the second story, salesrooms; the third floor, executive offices; and the fourth and fifth stories, music studios.Architecture and Building 1925 . 69 Steinway & Sons used only the rear of the fourth story, where it had a large workroom. The "piano bank" in the basement had over 300 pianos, valued at over $15 million. Usage thumb|upright|alt=Refer to caption|Entrance to Steinway Hall at 111 West 57th Street, seen in 2008, before the residential tower's development According to a New Yorker article in 2001, "almost every twentieth-century virtuoso has passed through" the first-floor reception room while headed to the Concert and Artists Department in the basement.Stewart James B. August 20, 2001 Matchmaker https://www.newyorker.com/magazine/2001/08/20/matchmaker-2 November 10, 2020 The New Yorker June 2, 2021 https://web.archive.org/web/20210602214420/https://www.newyorker.com/magazine/2001/08/20/matchmaker-2 live Among the notable performances at the 57th Street building was the 1928 duo piano recital by Vladimir Horowitz and Sergei Rachmaninoff. The 57th Street building was also intended as a speculative development for Steinway & Sons; it was not particularly successful in that respect, with a rate of return of only 2 percent.Landmarks Preservation Commission 2001 . 7. Lieberman 1997 264 Even so, by 1940, all studios in the Steinway Building had been leased.October 31, 1940 Steinway Building Rents All Studios: Music Teachers, Ballet School and Publishing Concern Complete Leasing en-US The New York Times https://www.nytimes.com/1940/10/31/archives/steinway-building-rents-all-studios-music-teachers-ballet-school.html September 8, 2021 0362-4331 September 9, 2021 https://web.archive.org/web/20210909001816/https://www.nytimes.com/1940/10/31/archives/steinway-building-rents-all-studios-music-teachers-ballet-school.html live Throughout the years, the building's tenants included publications such as Musical America, Architectural Forum, and The Economist, as well as CBS broadcasting studios. Other artistic tenants, included Louis Harvy Chalif's School of Dancing, also occupied space on the upper floors. Steinway Hall received an $850,000 first mortgage from Hubbard, Westervelt & Mottelay Inc. in 1939.May 11, 1939 $850,000 Loan Placed On Steinway Building 45A New York Herald Tribune 1259234519 none; May 11, 1939 Steinway Building Financed en-US The New York Times https://www.nytimes.com/1939/05/11/archives/steinway-building-financed.html September 8, 2021 0362-4331 September 9, 2021 https://web.archive.org/web/20210909001816/https://www.nytimes.com/1939/05/11/archives/steinway-building-financed.html live The onset of World War II forced the temporary closure of the building's recital hall. In March 1957, the Manhattan Life Insurance Company leased some space on the third floor for its tabulating and accounting departments.April 22, 1958 Steinway Sells Home on 57th St.; Piano Concern Leases Back Space in Building in Deal With Manhattan Life en-US The New York Times https://www.nytimes.com/1958/04/22/archives/steinway-sells-home-on-57th-st-piano-concern-leases-back-space-in.html September 8, 2021 0362-4331 November 10, 2020 https://web.archive.org/web/20201110101143/https://www.nytimes.com/1958/04/22/archives/steinway-sells-home-on-57th-st-piano-concern-leases-back-space-in.html liveApril 22, 1958 Insurance Co. Is Buyer Of Steinway Building B5 New York Herald Tribune 1342191382 Steinway Hall and its land were sold to Manhattan Life the following year, with the insurance company planning to occupy the building as its home office.April 22, 1958 Manhattan Life Buys Building 2 The Wall Street Journal 0099-9660 132455249 At that time, Musical Forum, Columbia Artists Management, and the Philharmonic Symphony Society of New York were among Steinway Hall's tenants. 111 West 57th Street subsequently became the Manhattan Life Insurance Company Building,Parmenter Ross February 15, 1959 The World of Music; Steinway Building, Sold to Insurance Firm, to Lose Name to New Owners en-US The New York Times https://www.nytimes.com/1959/02/15/archives/the-world-of-music-steinway-building-sold-to-insurance-firm-to-lose.html September 8, 2021 0362-4331 September 9, 2021 https://web.archive.org/web/20210909001857/https://www.nytimes.com/1959/02/15/archives/the-world-of-music-steinway-building-sold-to-insurance-firm-to-lose.html live but Steinway & Sons continued to lease space there, including the ground-floor showroom. Steinway Hall was acquired by 111 West 57th Street Associates in 1980,March 30, 1980 Realty News; West 57th Street Lake Success, L.I. en-US The New York Times https://www.nytimes.com/1980/03/30/archives/realty-news-west-57th-street-lake-success-li.html September 8, 2021 0362-4331 September 9, 2021 https://web.archive.org/web/20210909001900/https://www.nytimes.com/1980/03/30/archives/realty-news-west-57th-street-lake-success-li.html live and Bernard H. Mendik simultaneously paid $8.65 million for the leasehold. The Apollo sculpture above the main entrance was restored, and the plaque above the entrance was replaced, in 1990 after The Economist moved to 111 West 57th Street.December 9, 1990 Postings: Steinway Building Restoration; Behind a Panel – Apollo en-US The New York Times https://www.nytimes.com/1990/12/09/realestate/postings-steinway-building-restoration-behind-a-panel-apollo.html September 9, 2021 0362-4331 February 7, 2018 https://web.archive.org/web/20180207160818/http://www.nytimes.com/1990/12/09/realestate/postings-steinway-building-restoration-behind-a-panel-apollo.html live In 1997, Jeffrey Biegel performed the first classical music recital transmitted live over the internet, with audio and video, at Steinway Hall.Rosenblum Ira July 8, 1997 Live Video Is Joining Sound on the Web en-US The New York Times https://www.nytimes.com/1997/07/08/arts/live-video-is-joining-sound-on-the-web.html November 10, 2020 0362-4331 June 2, 2021 https://web.archive.org/web/20210602225327/https://www.nytimes.com/1997/07/08/arts/live-video-is-joining-sound-on-the-web.html live Steinway repurchased the building in early 1999 for about $62–63 million,Croghan Lore February 8, 1999 Steinway orchestrates showroom site buyback Crain's New York Business 15 6 4 219141622 allowing the company to begin collecting rent from tenants. Steinway also leased the land for 99 years from the building's former owner, which retained ownership of the plot.May 30, 1999 Postings: $62 Million for 57th Street Structure and Lease on Land; Steinway Buys Its Building en-US The New York Times 0362-4331 https://www.nytimes.com/1999/05/30/realestate/postings-62-million-for-57th-street-structure-lease-land-steinway-buys-its.html November 9, 2020 November 16, 2020 https://web.archive.org/web/20201116081744/https://www.nytimes.com/1999/05/30/realestate/postings-62-million-for-57th-street-structure-lease-land-steinway-buys-its.html live The New York City Landmarks Preservation Commission (LPC) designated Steinway Hall as a New York City landmark in November 2001,Landmarks Preservation Commission 2001 . 1Dolkart Andrew S. Postal Matthew A. Guide to New York City Landmarks 3rd New York City Landmarks Preservation Commission John Wiley & Sons, Inc 2004 126 thereby legally protecting it from demolition. Manhattan Life moved out of the building that year, and an XM Satellite Radio studio opened there.Bloomberg News July 10, 2001 Metro Business Briefing Satellite Radio Studio en-US The New York Times https://www.nytimes.com/2001/07/10/nyregion/metro-business-briefing-satellite-radio-studio.html September 8, 2021 0362-4331 May 27, 2015 https://web.archive.org/web/20150527160332/http://www.nytimes.com/2001/07/10/nyregion/metro-business-briefing-satellite-radio-studio.html live Residential tower planning Early plans In May 2005, Investcorp and Ceebraid-Signal purchased the one-story Ritz Fur Shop building at 107 West 57th Street, next to Steinway Hall, for $23 million, along with $8.75 million for neighboring air rights.https://betweenthebricks.com/2005/05/12/ritz-fur-shop-to-go/ Ritz Fur Shop To Go May 12, 2005 Between the Bricks Weiss Lois November 9, 2020 January 2026 InternetArchiveBot According to The Real Deal, the sale was finalized in 2006 for $52 million.March 13, 2019 111 West 57th Street Condominium https://therealdeal.com/new-research/topics/property/111-west-57th-street-condominium/ May 30, 2021 The Real Deal June 2, 2021 https://web.archive.org/web/20210602213849/https://therealdeal.com/new-research/topics/property/111-west-57th-street-condominium/ live The companies planned a 35-story tower on the site with 37 residential units, three lower floors of office space, and ground floor and basement retail space.https://therealdeal.com/2012/05/18/jds-buys-majority-interest-in-starwood-project-plans-residential-tower/ JDS buys majority interest in Starwood project, plans residential tower May 18, 2012 Clarke Katherine The Real Deal November 9, 2020 November 18, 2020 https://web.archive.org/web/20201118214525/https://therealdeal.com/2012/05/18/jds-buys-majority-interest-in-starwood-project-plans-residential-tower/ live In October 2006, Barry Sternlicht's Starwood Capital Group purchased the site at 105–107 West 57th Street for $52 million with a $30 million loan from Eurohypo.https://observer.com/2013/01/57th-heaven-how-a-boring-boulevard-became-the-billionaires-belt/ The New York Observer January 8, 2013 Chaban Matt 57th Heaven: How a Boring Boulevard Became the Billionaires Belt May 20, 2019 January 12, 2019 https://web.archive.org/web/20190112004034/https://observer.com/2013/01/57th-heaven-how-a-boring-boulevard-became-the-billionaires-belt/ live Demolition of the site was underway the same year.Michael Stoler October 5, 2006 Manhattan Mall On the Block; Crowne Plaza Hotel Sold The New York Sun https://www.nysun.com/real-estate/manhattan-mall-on-the-block-crowne-plaza-hotel/40944/ May 30, 2021 June 2, 2021 https://web.archive.org/web/20210602213606/https://www.nysun.com/real-estate/manhattan-mall-on-the-block-crowne-plaza-hotel/40944/ live Before the 2008 financial crisis, Starwood Capital reportedly planned to construct a new hotel tower for sister company Starwood as part of a new "Hotel Crillon" luxury brand based on Paris's Hôtel de Crillon.Ritz Site Gets a Ritzy Price: $52M https://betweenthebricks.com/2006/10/04/ritz-site-gets-aritzy-price-52m/ Between the Bricks Weiss Lois October 4, 2006 November 9, 2020 June 2026 InternetArchiveBot According to the writer Katherine Clarke, the site was so small that any potential tower on the site could not realistically be more than 700 ft tall.Clarke 2023 172 . In early 2012, Starwood sold a majority interest in the assemblage to JDS Development Group for $40 million and stayed on as a joint venture partner.https://www.wsj.com/articles/SB10001424052702303360504577412514014308158 New Plan for a Growth Area The Wall Street Journal 0099-9660 May 18, 2012 Pirolo Alessia May 20, 2019 May 19, 2020 https://web.archive.org/web/20200519212838/https://www.wsj.com/articles/SB10001424052702303360504577412514014308158 liveChaffin Joshua April 17, 2020 The highs and lows of a New York skyscraper king https://www.ft.com/content/1f95c4fc-7eb0-11ea-8fdb-7ec06edeef84 November 11, 2020 Financial Times November 8, 2020 https://web.archive.org/web/20201108110943/https://www.ft.com/content/1f95c4fc-7eb0-11ea-8fdb-7ec06edeef84 live David Juracich, an acquaintance of JDS's chief executive Michael Stern, maintained an indirect stake in the project. That March, the first plans for the site at 105–107 West 57th Street were filed with the New York City Department of Buildings for a 51-story tower rising 671 ft m and containing 27 condominiums.https://www.newyorkyimby.com/2012/03/105-west-57th-hotel-crillon-coming-to-midtown-new-skyscraper-proposed.html 105 West 57th: Hotel Crillon Coming To Midtown? New Skyscraper Proposed! Fedak Nikolai March 14, 2012 New York YIMBY May 20, 2019 May 19, 2020 https://web.archive.org/web/20200519224958/https://www.newyorkyimby.com/2012/03/105-west-57th-hotel-crillon-coming-to-midtown-new-skyscraper-proposed.html live Renderings of the planned development were revealed that September. Designed by CetraRuddy, the tower would have had a sloped facade, covered with balconies facing Central Park.The New York Observer September 24, 2012 https://observer.com/2012/09/107-west-57th-street-cetra-ruddy-jds-luxury-apartments/ Just How Many Skinny Luxury Towers Can We Jam Onto 57th Street? Well, Here's Another 51-Story Doozy Chaban Matt May 20, 2019 June 2, 2018 https://web.archive.org/web/20180602010657/http://observer.com/2012/09/107-west-57th-street-cetra-ruddy-jds-luxury-apartments/ live At the time, construction was expected to take place from early 2013 to late 2014.https://therealdeal.com/issues_articles/battling-skyscrapers-on-57th-street/ Battling skyscrapers on 57th Street Qureshi Yasmeen The Real Deal February 1, 2013 May 20, 2019 May 21, 2019 https://web.archive.org/web/20190521190414/https://therealdeal.com/issues_articles/battling-skyscrapers-on-57th-street/ live Because the site was only 43 ft wide, the floor plans would have been severely constrained, to the point that there might not have been enough space for mechanical rooms or elevators. In addition, the 671-foot height would not stand out against neighboring high-rises, a point of contention for Stern. JDS and PMG takeover At the end of 2012, Steinway & Sons announced that it would sell Steinway Hall, adjacent to the planned development at 107 West 57th Street, for $46 million.0362-4331 https://www.nytimes.com/2012/12/08/nyregion/future-is-uncertain-for-steinways-ornate-home-for-pianos.html Fate Unclear for Ornate Piano Showroom December 8, 2012 The New York Times Barron James James Barron (journalist) May 20, 2019 May 17, 2020 https://web.archive.org/web/20200517212730/https://www.nytimes.com/2012/12/08/nyregion/future-is-uncertain-for-steinways-ornate-home-for-pianos.html live At the time, Steinway & Sons was losing $5 million a year from continuing to own Steinway Hall. A joint venture of JDS Development, PMG, and Arthur P. Becker officially purchased Steinway Hall in March 2013.Barron James James Barron (journalist) March 26, 2013 Steinway to Sell Its Famed Showroom Building The New York Times https://cityroom.blogs.nytimes.com/2013/03/26/steinway-to-sell-its-famed-showroom-building/ May 20, 2019 0362-4331 September 30, 2019 https://web.archive.org/web/20190930203454/https://cityroom.blogs.nytimes.com/2013/03/26/steinway-to-sell-its-famed-showroom-building/ liveClarke 2023 175 . JDS paid $131.5 million to Wexford Capital for the land underneath the building, an adjacent structure, and air rights in July 2013.Barbarino Al July 29, 2013 Steinway Hall's Final Movement Begins Following $131 M. Sale Commercial Observer https://commercialobserver.com/2013/07/steinway-halls-final-movement-begins-after-131-m-sale/ May 20, 2019 May 2, 2019 https://web.archive.org/web/20190502054951/https://commercialobserver.com/2013/07/steinway-halls-final-movement-begins-after-131-m-sale/ liveWillett Megan January 16, 2015 Two Towers In New York City Are Battling To Be The 'Tallest Apartment Building' In The World https://www.businessinsider.com/111-west-57th-street-gets-taller-2015-1 November 11, 2020 Business Insider July 2, 2018 https://web.archive.org/web/20180702185751/http://www.businessinsider.com/111-west-57th-street-gets-taller-2015-1 live After the purchase, Starwood Capital Group exited the joint venture, leaving JDS and PMG as the developers,https://therealdeal.com/2013/06/28/jds-pmgs-investment-in-west-57th-street-tower-tops-217m-so-far/ JDS, Property Markets' investment in West 57th Street tower tops $217M so far The Real Deal June 28, 2013 Clarke Katherine May 20, 2019 April 28, 2019 https://web.archive.org/web/20190428153412/https://therealdeal.com/2013/06/28/jds-pmgs-investment-in-west-57th-street-tower-tops-217m-so-far/ live and Steinway & Sons was allowed to remain in the building for 18 months.Barbarino Al July 29, 2013 Steinway Hall's Final Movement Begins Following $131 M. Sale https://commercialobserver.com/2013/07/steinway-halls-final-movement-begins-after-131-m-sale/ live https://web.archive.org/web/20201106215603/https://commercialobserver.com/2013/07/steinway-halls-final-movement-begins-after-131-m-sale/ November 6, 2020 November 11, 2020 Commercial Observer As for the other eleven tenants, JDS and PMG either bought out the leases or waited for them to expire. Not long after the developers bought Steinway Hall, they secured a $230 million acquisition loan from Annaly Capital Management on the development site.https://therealdeal.com/issues_articles/the-obscure-investor-who-could-sabotage-nycs-tallest-planned-condo-tower/ The obscure investor who could sabotage NYC's most ambitious planned condo tower November 1, 2017 May 20, 2019 The Real Deal Putzier Konrad May 21, 2019 https://web.archive.org/web/20190521202025/https://therealdeal.com/issues_articles/the-obscure-investor-who-could-sabotage-nycs-tallest-planned-condo-tower/ live Stern and Maloney did not yet have the cash to fund the tower's construction, and Maloney reached out to Becker, who contacted British financier Andy Ruhan about the possibility of investing in the site.Clarke 2023 181 . Although Ruhan had promised to be a primary investor, he subsequently lowered his investment and took a 26.3 percent stake with Becker. Becker and Ruhan agreed to give 49.9% of their profits to Russian oligarchs Serguei Adoniev and Albert Avdolyan,Putzier Konrad Jeans David December 20, 2018 A Russian oligarch's guide: How to hide $20M in a NYC skyscraper https://therealdeal.com/2018/12/20/the-russian-oligarchs-guide-how-to-hide-20m-in-a-manhattan-skyscraper/ live https://web.archive.org/web/20190529222912/https://therealdeal.com/2018/12/20/the-russian-oligarchs-guide-how-to-hide-20m-in-a-manhattan-skyscraper/ May 29, 2019 May 20, 2019 The Real Deal none; Putzier Konrad October 19, 2017 How the supertall at 111 West 57th St. became a labyrinth of offshore wealth https://therealdeal.com/2017/10/19/an-f1-mogul-and-qatari-cash-how-111-west-57th-st-became-a-labyrinth-of-offshore-wealth/ live https://web.archive.org/web/20201104020013/https://therealdeal.com/2017/10/19/an-f1-mogul-and-qatari-cash-how-111-west-57th-st-became-a-labyrinth-of-offshore-wealth/ November 4, 2020 November 9, 2020 The Real Deal who had lent them $21 million via a set of LLCs. While this was not strictly illegal, the agreement was not divulged to 111 West 57th Street's other investors, who may have otherwise balked because of negative rumors about Adoniev's business dealings.Clarke 2023 181–182 . AmBase Corporation purchased a 59 percent stake in the development for $56 million in June 2013.Putzier Konrad May 29, 2015 Lead investor in JDS, PMG's supertall 57th St. tower turns off cash pump The Real Deal https://therealdeal.com/2015/05/29/leading-investor-in-jds-pmgs-111-w-57th-st-turns-off-the-spigot/ May 20, 2019 May 6, 2019 https://web.archive.org/web/20190506120418/https://therealdeal.com/2015/05/29/leading-investor-in-jds-pmgs-111-w-57th-st-turns-off-the-spigot/ liveClarke 2023 179 . Stern and Maloney retained the remaining 14.7 percent stake. New plans The acquisition of Steinway Hall and air rights allowed JDS and PMG to develop a substantially taller building.Chaban Matt October 15, 2013 Narrow tower, higher than Empire State Building, wins city approval https://www.nydailynews.com/life-style/real-estate/narrow-tall-approved-city-article-1.1486771 live https://web.archive.org/web/20210416035213/https://www.nydailynews.com/life-style/real-estate/narrow-tall-approved-city-article-1.1486771 April 16, 2021 November 11, 2020 New York Daily News 2692-1251 so they decided to create new plans. JDS and PMG considered several architects, including CetraRuddy, Gehry, and HOK, before ultimately hiring SHoP Architects. In an interview, Stern said that he had selected SHoP because the firm was "not afraid to push boundaries", as in its design of the Barclays Center arena. Though Stern and Maloney could theoretically have built a skyscraper on the narrow lot adjoining Steinway Hall, they wanted to convince the LPC to let them build a tower through the center of that building, set back from 57th Street.Clarke 2023 176 . The LPC had to approve all plans involving modifications of Steinway Hall, but the agency was known for its strict disapproval of almost any plan that involved demolishing an official landmark. As such, any additions would need to be constructed around the existing structure. In August 2013, the developers filed permits for a 74-story, 1,200 ft m on tower that would hold 100 condominiums above six floors of retail.Fedak Nikolai August 8, 2013 111 West 57th Street to Soar 1,200 Feet http://www.newyorkyimby.com/2013/08/permits-filed-111-west-57th-street-to-soar-1200.html live https://web.archive.org/web/20150912020709/http://newyorkyimby.com/2013/08/permits-filed-111-west-57th-street-to-soar-1200.html September 12, 2015 August 17, 2015 New York YIMBY SHoP's plans incorporated the existing structure into the base of the new tower.Alberts Hana R. September 10, 2013 $23M Sky Garage PH Glows; Steinway Interior Gets Landmarked https://ny.curbed.com/2013/9/10/10199596/23m-sky-garage-ph-glows-steinway-interior-gets-landmarked dead https://web.archive.org/web/20201106170021/https://ny.curbed.com/2013/9/10/10199596/23m-sky-garage-ph-glows-steinway-interior-gets-landmarked November 6, 2020 November 11, 2020 Curbed NYSeptember 16, 2013 Former Piano Showroom City's Newest Interior Landmark https://www.citylandnyc.org/former-piano-showroom-citys-newest-interior-landmark/ live https://web.archive.org/web/20201001042834/https://www.citylandnyc.org/former-piano-showroom-citys-newest-interior-landmark/ October 1, 2020 November 11, 2020 CityLand Further complicating the planning process, the LPC had considered landmark status for Steinway Hall's rotunda in mid-2013; such a designation would require the developers to preserve the space.Zimmer Amy June 25, 2013 Opulent Steinway & Sons Reception Hall to be Considered for Landmark Status https://www.dnainfo.com/new-york/20130625/midtown/opulent-steinway-sons-reception-hall-be-considered-for-landmark-status November 11, 2020 DNAinfo New York November 11, 2017 https://web.archive.org/web/20171111174814/https://www.dnainfo.com/new-york/20130625/midtown/opulent-steinway-sons-reception-hall-be-considered-for-landmark-status dead JDS and PMG expressed support for the landmark status,July 31, 2013 Opulent Piano Retail Space Considered as a Potential Interior Landmark https://www.citylandnyc.org/opulent-piano-retail-space-considered-as-a-potential-interior-landmark/ November 11, 2020 CityLand en-US September 26, 2020 https://web.archive.org/web/20200926183835/https://www.citylandnyc.org/opulent-piano-retail-space-considered-as-a-potential-interior-landmark/ liveBudin Jeremiah October 1, 2013 Landmarks Won't Oppose SHoP's West 57th Street Tower https://ny.curbed.com/2013/10/1/10192128/landmarks-wont-oppose-shops-west-57th-street-tower November 11, 2020 Curbed NY November 7, 2020 https://web.archive.org/web/20201107040347/https://ny.curbed.com/2013/10/1/10192128/landmarks-wont-oppose-shops-west-57th-street-tower dead and the LPC designated the rotunda as a landmark that September. The same month, The Wall Street Journal published updated renderings for the tower. The new design would stretch 1,350 ft m tallBrown Eliot September 8, 2013 New Era for Skyscrapers The Wall Street Journal https://www.wsj.com/articles/new-era-for-skyscrapers-1378693005 May 20, 2019 0099-9660 May 7, 2019 https://web.archive.org/web/20190507211819/https://www.wsj.com/articles/new-era-for-skyscrapers-1378693005 live none; Polsky Sara September 9, 2013 New SHoP-Designed West 57th Street Skyscraper Unveiled! https://ny.curbed.com/2013/9/9/10200536/new-shop-designed-west-57th-street-skyscraper-unveiled November 11, 2020 Curbed NY October 20, 2020 https://web.archive.org/web/20201020220555/https://ny.curbed.com/2013/9/9/10200536/new-shop-designed-west-57th-street-skyscraper-unveiled dead with 45 full-floor apartments, giving the 60 ft m -wide mid tower a slenderness ratio of 1:23.Dharmarajan Sheila November 4, 2013 Tall And Slender: The World's Skinniest Skyscraper https://news.yahoo.com/blogs/future-is-now/tall-and-skinny--the-world-s-skinniest-skyscraper-163959219.html June 10, 2014 Yahoo! News November 16, 2018 https://web.archive.org/web/20181116085807/https://news.yahoo.com/blogs/future-is-now/tall-and-skinny--the-world-s-skinniest-skyscraper-163959219.html live JDS and Property Markets Group presented their plans to the LPC in October 2013, promising to restore Steinway Hall's rotunda in exchange for the LPC's approval. Despite doubts from preservationists and some LPC board members, the commission approved the plans,Clarke 2023 176–177 . allowing the developers to apply for full construction permits. The rotunda was closed after the Steinway store moved out. Tower construction Early progress thumb|upright|alt=The construction site in June 2016; the previous buildings on the site have been razed.|The construction site in June 2016 JDS and PMG began looking for funding after obtaining the requisite approvals,Clarke 2023 178 . and they held a groundbreaking ceremony for the project in early 2014.https://therealdeal.com/2014/02/25/jds-property-markets-break-ground-on-111-west-57th/ JDS, Property Markets break ground on 111 West 57th The Real Deal February 25, 2014 May 20, 2019 May 11, 2019 https://web.archive.org/web/20190511044159/https://therealdeal.com/2014/02/25/jds-property-markets-break-ground-on-111-west-57th/ live That July, the developers installed a crane to construct the tower; measuring 220 ft, it was the tallest freestanding crane ever used in New York City.Mashayekhi Rey July 14, 2014 Tallest freestanding crane in NYC history arrives in Midtown at 111 W. 57th Street The Real Deal http://therealdeal.com/blog/2015/07/14/tallest-freestanding-crane-in-nyc-history-rises-in-midtown/ August 16, 2015 August 16, 2015 https://web.archive.org/web/20150816083605/http://therealdeal.com/blog/2015/07/14/tallest-freestanding-crane-in-nyc-history-rises-in-midtown/ liveClarke 2023 328 . Maloney asked the Emirati businessman Khadem al-Qubaisi to help finance the Steinway project, but Maloney's partners would not accept al-Qubaisi's offer.Clarke 2023 186–187 . In January 2015, the New York City Department of Buildings approved final permits for the project. The new permits called for an 80-story tower with a 1,397 ft m on roof, as well as 24 ft on crown bringing its pinnacle to 1421 ft.Schulz Dana April 21, 2014 111 West 57th Street: The World's Skinniest Tower Will Rise to 1,421 Feet https://www.6sqft.com/111-west-57th-street-the-worlds-skinniest-tower-will-also-be-the-hemispheres-tallest-residential-building/ November 11, 2020 6sqft December 20, 2020 https://web.archive.org/web/20201220223821/https://www.6sqft.com/111-west-57th-street-the-worlds-skinniest-tower-will-also-be-the-hemispheres-tallest-residential-building/ live none; January 8, 2015 West 57th St. tower aims to be hemisphere's tallest https://www.crainsnewyork.com/article/20150109/REAL_ESTATE/150109883/west-57th-st-tower-aims-to-be-hemisphere-s-tallest November 11, 2020 Crain's New York Business December 2, 2020 https://web.archive.org/web/20201202062726/https://www.crainsnewyork.com/article/20150109/REAL_ESTATE/150109883/west-57th-st-tower-aims-to-be-hemisphere-s-tallest live At the time, the tower was to contain 55 luxury condominiums and would be finished in 2017.https://www.newyorkyimby.com/2015/01/approved-the-1397-foot-111-west-57th-street-jds-development.html Approved: SHoP's 1,397-Foot 111 West 57th Street January 7, 2015 Fedak Nikolai New York YIMBY May 20, 2019 August 9, 2018 https://web.archive.org/web/20180809111823/https://newyorkyimby.com/2015/01/approved-the-1397-foot-111-west-57th-street-jds-development.html live Due to technicalities in New York City zoning law, the new tower was classified as an alteration to the existing Steinway Hall, which also had the address 111 West 57th Street. With the tower's construction, that building's floor area would increase 2,850 percent.Sun Kevin May 16, 2018 Building in the shadows: 3.2M sf of new construction being built with this permit https://therealdeal.com/2018/05/16/building-in-the-shadows-3-2m-sf-of-new-construction-being-built-with-this-permit/ November 11, 2020 The Real Deal New York November 8, 2020 https://web.archive.org/web/20201108013626/https://therealdeal.com/2018/05/16/building-in-the-shadows-3-2m-sf-of-new-construction-being-built-with-this-permit/ live The tower's proposed height was slightly increased in March 2015 to 1428 ft.Schulz Dana March 21, 2015 New Rendering and Teaser Site Released for 111 West 57th Street https://www.6sqft.com/new-rendering-and-teaser-site-released-for-111-west-57th-street/ November 11, 2020 6sqft August 4, 2020 https://web.archive.org/web/20200804021009/https://www.6sqft.com/new-rendering-and-teaser-site-released-for-111-west-57th-street/ live The developers created a mockup of the facade panels,Pham Diane September 22, 2015 SHoP's Billionaires' Row Supertall Gets a Spectacular Real-Life Mockup https://www.6sqft.com/shops-billionaires-row-supertall-gets-a-spectacular-real-life-mockup/ June 18, 2025 6sqft none ; Rosenberg Zoe September 21, 2015 Here's What SHoP's 1,428-Foot Tower Will Actually Look Like https://ny.curbed.com/2015/9/21/9919126/heres-what-shops-1428-foot-tower-will-actually-look-like June 18, 2025 Curbed NY August 21, 2025 https://web.archive.org/web/20250821142311/https://ny.curbed.com/2015/9/21/9919126/heres-what-shops-1428-foot-tower-will-actually-look-like dead and they also opened a sales office on Fifth Avenue.Clarke 2023 224 . Meanwhile, construction costs had risen by over $50 million because of complications in working around Steinway Hall. The site had to be excavated manually to avoid disturbing Steinway Hall's tenants; materials had to be staged inside the building; and the crane could not operate if the wind speed was over 35 mph. To cover the extra costs, the developers had issued six capital calls totaling $63.6 million. After AmBase participated only in the first four capital calls, providing a small amount of funding each time,Clarke 2023 221–222 . JDS and PMG lowered AmBase's stake from 60.3 percent to 43.5 percent.Clarke 2023 223 . By May 2015, AmBase was looking to reduce its involvement in 111 West 57th Street. The developers received a $725 million construction loan from American International Group (AIG) and Apollo Global Management shortly afterward,Brown Eliot 2015-10-13 Swanky New York Condo Project Exploits Aid Program http://www.wsj.com/articles/posh-tower-proposed-for-struggling-new-york-neighborhood-central-park-south-1444728781 2025-06-18 The Wall Street Journal en-US 0099-9660 following a year of negotiations.Clarke 2023 215 . AIG provided the $400 million senior loan, while Apollo gave a $325 million mezzanine loan;Geiger Daniel June 30, 2015 Developers score $725 million loan to build another super-tall tower on Billionaires' Row Crain's New York https://www.crainsnewyork.com/article/20150630/REAL_ESTATE/150639985/jds-development-and-property-markets-group-secure-725-million-construction-loan-for-pencil-thin-condo-tower May 20, 2019 October 2, 2019 https://web.archive.org/web/20191002062014/https://www.crainsnewyork.com/article/20150630/REAL_ESTATE/150639985/jds-development-and-property-markets-group-secure-725-million-construction-loan-for-pencil-thin-condo-tower live the Qatar Investment Authority provided $161.5 million of the mezzanine loan to one of Apollo's subsidiaries.Putzier Konrad August 3, 2017 The quiet financier behind New York's second-tallest condo project: Qatar The Real Deal https://therealdeal.com/2017/08/03/the-quiet-financier-behind-new-yorks-second-tallest-condo-project-qatar/ May 20, 2019 May 5, 2019 https://web.archive.org/web/20190505053435/https://therealdeal.com/2017/08/03/the-quiet-financier-behind-new-yorks-second-tallest-condo-project-qatar/ live JDS and PMG raised an additional $125–150 million themselves.Gross Max April 6, 2016 Kevin Maloney's PMG is Building Empires in New York and South Florida https://commercialobserver.com/2016/04/kevin-maloneys-pmg-is-building-empires-in-new-york-and-south-florida/ June 18, 2025 Commercial Observer Apollo's chief operating officer initially estimated that the apartments would sell for 7,000 to 10,000 $/ft2, and the developers were considering selling units for up to $100 million apiece. Corcoran Group, a brokerage operated by Barbara Corcoran, had been the original broker for the apartments, earning a flat monthly fee of $10,000 until the condominium offering plan was accepted. The brokerage would thereafter earn a 2.1% commission from each apartment sale.Clarke 2023 236 . The Attorney General of New York's office approved the building's condominium offering plan in late 2015, which indicated that the units would sell for a total of $1.45 billion, with the maximum price for one apartment being $60 million. In March 2016, Maloney told Bloomberg News that sales at the building would not commence until the following year due to a general slowdown in the luxury residential market.Carmiel Oshrat March 31, 2016 How to Sell a $60 Million Penthouse: Don't Try https://www.bloomberg.com/news/articles/2016-03-31/nyc-condo-builders-hold-off-on-courting-buyers-in-slowing-market November 11, 2020 Bloomberg.com November 8, 2020 https://web.archive.org/web/20201108092349/http://www.bloomberg.com/news/articles/2016-03-31/nyc-condo-builders-hold-off-on-courting-buyers-in-slowing-market live none; Clarke Katherine March 31, 2016 The waiting game: JDS, PMG will hold off launching sales at 111 West 57th Street https://therealdeal.com/2016/03/31/the-waiting-game-jds-pmg-will-hold-off-launching-sales-at-111-west-57th-street/ November 11, 2020 The Real Deal New York November 19, 2020 https://web.archive.org/web/20201119083458/https://therealdeal.com/2016/03/31/the-waiting-game-jds-pmg-will-hold-off-launching-sales-at-111-west-57th-street/ live By June 2016, the project had risen above street level.Bindelglass Evan June 6, 2016 Supertall 111 West 57th Street Sprouts From The Ground New York YIMBY https://www.newyorkyimby.com/2016/06/supertall-111-west-57th-street-sprouts-from-the-ground.html May 20, 2019 September 29, 2019 https://web.archive.org/web/20190929032407/https://www.newyorkyimby.com/2016/06/supertall-111-west-57th-street-sprouts-from-the-ground.html live Progress and financial issues thumb|upright|left|alt=Refer to caption|Construction in November 2017, shortly after glass installation began The project faced financial difficulties and a lawsuit from AmBase,Cohen Michelle July 27, 2017 World's skinniest skyscraper at 111 West 57th Street stalled at 20 stories by soaring costs https://www.6sqft.com/worlds-skinniest-skyscraper-at-111-west-57th-street-stalled-at-20-stories-by-soaring-costs/ live https://web.archive.org/web/20170728201625/https://www.6sqft.com/worlds-skinniest-skyscraper-at-111-west-57th-street-stalled-at-20-stories-by-soaring-costs/ July 28, 2017 June 19, 2025 6sqft none ; Warerkar Tanay 2017-07-26 The fate of SHoP's skinny Midtown supertall is up in the air https://ny.curbed.com/2017/7/26/16041394/111-west-57-construction-cost-overrun 2025-06-19 Curbed NY en August 21, 2025 https://web.archive.org/web/20250821082515/https://ny.curbed.com/2017/7/26/16041394/111-west-57-construction-cost-overrun dead as well as squabbling between Stern and Maloney regarding the delays and budget.Clarke 2023 220 . In January 2017, the developers defaulted on the $325 million mezzanine loan from Apollo, and investors were no longer receptive to the developers' capital calls.Clarke 2023 273 . JDS and PMG negotiated a forbearance agreement on $300 million of the debt, while the remaining $25 million was sold to Spruce Capital Management.Clarke 2023 277 . The terms of the agreement with Spruce were unusually strict, allowing the company to take full control of the building within 20 days of a foreclosure proceeding, and without any public auction, unless the developers filed an objection. The developers were trying to negotiate another $100 million mezzanine loan from Baupost Group to repay Spruce, but the loan was vetoed by AmBase.Clarke 2023 275 . Meanwhile, the landmarked facade of Steinway Hall was restored in early 2017. JDS also restored Steinway Hall's eighth-story recital hall after Marci Clark, the director of JDS's marketing department, discovered archival photos of the hall.Chaban Matt A. V. January 25, 2016 Unearthing the Past to Create New York's Buildings of Tomorrow en-US The New York Times https://www.nytimes.com/2016/01/26/nyregion/unearthing-the-past-to-create-new-yorks-buildings-of-tomorrow.html October 6, 2023 0362-4331 Construction had stalled by July 2017, after the tower had been built to 20 stories. At the time, Spruce claimed that it had not received payment on the $25 million mezzanine loan and filed paperwork to begin the process of foreclosure, leading AmBase to file another lawsuit against Maloney, Stern, and Spruce.Cohen Michelle July 27, 2017 World's skinniest skyscraper at 111 West 57th Street stalled at 20 stories by soaring costs https://www.6sqft.com/worlds-skinniest-skyscraper-at-111-west-57th-street-stalled-at-20-stories-by-soaring-costs/ live https://web.archive.org/web/20170728201625/https://www.6sqft.com/worlds-skinniest-skyscraper-at-111-west-57th-street-stalled-at-20-stories-by-soaring-costs/ July 28, 2017 July 28, 2017 6sqft The New York Supreme Court ruled in favor of Spruce, allowing that firm to transfer the development entirely to Maloney and Stern, wiping out AmBase's investment completely.Geiger Daniel August 30, 2017 Steinway Tower owner loses bid to hold on to $1B condo project Crain's New York https://www.crainsnewyork.com/article/20170830/REAL_ESTATE/170829871/steinway-tower-owner-loses-bid-to-hold-on-to-1b-condo-project May 20, 2019 May 15, 2019 https://web.archive.org/web/20190515052937/https://www.crainsnewyork.com/article/20170830/REAL_ESTATE/170829871/steinway-tower-owner-loses-bid-to-hold-on-to-1b-condo-project live By November 2017, the tower had reached a height of roughly 500 ft m, and initial glass facade installation had begun. At that point, the developers had spent close to $1 billion and were still far from completing the tower.Clarke 2023 294 . Despite the building's monetary and legal issues, a number of apartments in the tower had already gone to contract.Gannon Devin August 3, 2017 Despite legal troubles, the first units at 111 West 57th Street go into contract https://www.6sqft.com/despite-legal-troubles-the-first-units-at-111-west-57th-street-go-into-contract/ August 7, 2017 6sqft January 27, 2021 https://web.archive.org/web/20210127125817/https://www.6sqft.com/despite-legal-troubles-the-first-units-at-111-west-57th-street-go-into-contract/ live none; Putzier Konrad August 2, 2017 First 111 West 57th Street units go into contract The Real Deal https://therealdeal.com/2017/08/02/first-111-west-57th-street-units-go-into-contract/ August 7, 2017 August 9, 2017 https://web.archive.org/web/20170809061211/https://therealdeal.com/2017/08/02/first-111-west-57th-street-units-go-into-contract/ live In March 2018, the tower's height surpassed the halfway point at over 700 ft m.Nelson Andrew March 13, 2018 111 West 57th Street Officially Surpasses Halfway Point in Rise to 1,428 Pinnacle New York YIMBY https://www.newyorkyimby.com/2018/03/111-west-57th-street-officially-surpasses-halfway-point-in-rise-to-1428-pinnacle.html March 14, 2018 March 16, 2018 https://web.archive.org/web/20180316204329/https://newyorkyimby.com/2018/03/111-west-57th-street-officially-surpasses-halfway-point-in-rise-to-1428-pinnacle.html live Two months later, Madison Realty Capital provided a $90 million preferred equity investment, allowing construction to continue.Hall Miriam May 24, 2018 Madison Realty Capital Throws Billionaires' Row Supertall A Lifeline With $90M Investment https://www.bisnow.com/new-york/news/construction-development/madison-realty-capital-throws-billionaires-row-condo-a-lifeline-with-90m-investment-88789 June 19, 2025 Bisnow none; May 23, 2018 Madison invests $90M in 111 West 57th https://therealdeal.com/new-york/2018/05/23/madison-invests-90m-in-111-west-57th-street/ June 19, 2025 The Real Deal none; Geiger Daniel May 23, 2018 Reprieve for Billionaires' Row condo tower as Madison Realty Capital injects $90 million https://www.crainsnewyork.com/article/20180523/REAL_ESTATE/180529946/reprieve-for-billionaires-row-condo-tower-as-madison-realty-capital-injects-90-million unfit https://web.archive.org/web/20190517214128/https://www.crainsnewyork.com/article/20180523/REAL_ESTATE/180529946/reprieve-for-billionaires-row-condo-tower-as-madison-realty-capital-injects-90-million May 17, 2019 June 19, 2025 Crain's New York Business In exchange, Stern and Maloney had to pay Madison Realty all the funds available at the project's completion, in addition to as much as 30% of annual profits, and Madison Realty could veto any significant changes that Stern or Maloney contemplated.Clarke 2023 294–295 . Shortly after, Corcoran Group was also fired as the building's broker and was replaced by Douglas Elliman,Clarke 2023 292 . prompting Corcoran to sue.Clarke 2023 293 . The developers filed paperwork with the Attorney General of New York to raise prices at the project in August 2018.https://therealdeal.com/2018/08/15/reverse-psychology-prices-raised-at-111-west-57th-ahead-of-sales-launch/ Reverse psychology? Prices raised at 111 West 57th ahead of sales launch August 15, 2018 The Real Deal Solomont E.B. May 20, 2019 May 6, 2019 https://web.archive.org/web/20190506232718/https://therealdeal.com/2018/08/15/reverse-psychology-prices-raised-at-111-west-57th-ahead-of-sales-launch/ live none ; Rosenberg Zoe Ahead of 111 West 57th Street sales launch, condo prices creep higher Curbed NY August 17, 2018 https://ny.curbed.com/2018/8/17/17715116/111-west-57th-street-sales-launch-pricing June 18, 2025 August 16, 2025 https://web.archive.org/web/20250816132348/https://ny.curbed.com/2018/8/17/17715116/111-west-57th-street-sales-launch-pricing dead Sales at the project were officially relaunched shortly afterward, with prices ranging from $18 million to over $56 million;https://therealdeal.com/2018/09/13/white-onyx-velvet-walls-and-champagne-111-west-57th-finally-launches-sales/ September 13, 2018 The Real Deal White onyx, velvet walls and champagne: 111 West 57th finally launches sales Solomont E.B. May 20, 2019 May 7, 2019 https://web.archive.org/web/20190507002634/https://therealdeal.com/2018/09/13/white-onyx-velvet-walls-and-champagne-111-west-57th-finally-launches-sales/ live a few apartments were placed on sale at a time.Biggs Caroline May 7, 2021 Old Buildings, New Views en-US The New York Times https://www.nytimes.com/2021/05/07/realestate/old-buildings-new-views.html October 6, 2023 0362-4331 By then, the building was more commonly known by its address than as "Steinway Tower".Some later sources, such as Business Insider, continued to refer to the tower as "Steinway Tower". Completion thumb|upright=0.5|alt=The western elevation of the topped-out building on a sunny day in 2019. The western elevation contains windows between vertical piers of glazed white terracotta and several setbacks toward the roof. A red construction crane is attached to the southern side.|Topped out in 2019; western facade from 57th Street The building's concrete form topped out during April 2019,SHoP Architects' 111 West 57th Street Celebrates Topping Out near Central Park ArchDaily Walsh Niall Patrick April 24, 2019 https://www.archdaily.com/915742/shop-architects-111-west-57th-street-celebrates-topping-out-near-central-park June 18, 2025 and the steel reached the top of the parapet that October.Hall Miriam October 29, 2019 In A Swamped Luxury Market, Another Billionaires' Row Tower Officially Tops Out https://www.bisnow.com/new-york/news/construction-development/111-west-57th-street-101543 November 11, 2020 Bisnow September 9, 2021 https://web.archive.org/web/20210909001818/https://www.bisnow.com/new-york/news/construction-development/111-west-57th-street-101543 live none; SHoP Architects-designed NYC skyscraper tops out Construction Specifier October 31, 2019 https://www.constructionspecifier.com/shop-architects-designed-nyc-skyscraper-tops-out/ June 18, 2025 none; Barandy Kat SHoP Architects Tops Out Slender Central Park Skyscraper, 111 West 57th Street Designboom October 29, 2019 https://www.designboom.com/architecture/111-west-57th-street-shop-architects-tower-new-york-city-central-park-south-10-29-19/ June 18, 2025 Despite an unfavorable luxury real estate market, the building's 7,175 sqft m2 on penthouse entered contract in mid-2019 for "close to" its offer of $58 million, making it one of the most expensive New York condo sales of 2019.Clarke Katherine May 23, 2019 A Billionaires' Row Building Notches Penthouse Sale Despite Legal Woes en-US The Wall Street Journal 0099-9660 https://www.wsj.com/articles/a-billionaires-row-building-notches-penthouse-sale-despite-legal-woes-11558620074 November 9, 2020 November 7, 2020 https://web.archive.org/web/20201107033734/https://www.wsj.com/articles/a-billionaires-row-building-notches-penthouse-sale-despite-legal-woes-11558620074 live In August 2019, the developers hired Newmark Group to find tenants for the building's 50,000 sqft m2 of retail space on the building's first four floors and basement.https://betweenthebricks.com/2019/08/06/west-57th-tower-ready-to-welcome-new-retailers-to-billionaires-row/ West 57th tower ready to welcome new retailers to Billionaire's Row Weiss Lois August 6, 2019 Between the Bricks November 9, 2020 May 30, 2021 https://web.archive.org/web/20210530184219/https://betweenthebricks.com/2019/08/06/west-57th-tower-ready-to-welcome-new-retailers-to-billionaires-row/ live One month later, JDS asked lenders for a $1.1 billion loan to replace AIG's $725 million in construction debt.https://www.cmalert.com/search.pl?ARTICLE=185912 Developer Seeks $1.1 Billion for NY Condos September 20, 2019 Commercial Mortgage Alert November 9, 2020 August 19, 2020 https://web.archive.org/web/20200819132106/https://www.cmalert.com/search.pl?ARTICLE=185912 dead In 2020, Steinway Hall's landmarked rotunda was restored by John Canning Studios, which mitigated water damage, repaired the ceiling and entablatures, and cleaned the walls and metalwork. The facade and roof of the hall were also restored. The building's condominium offering became effective in February 2020 after 15% of the units had been sold,Hall Miriam June 21, 2021 As Buyers Return To The Market, Developers Of 111 West 57th St. Look To Light On The Horizon https://www.bisnow.com/new-york/news/construction-development/111-west-57th-st-109294 June 19, 2025 Bisnow and the first sale for a unit in Steinway Hall was finalized that April.JDS Development Group Property Markets Group Spruce Capital Partners April 20, 2020 Commencement of First Closings at 111 West 57th Street https://www.prnewswire.com/news-releases/commencement-of-first-closings-at-111-west-57th-street-301043134.html November 11, 2020 PR Newswire May 7, 2020 https://web.archive.org/web/20200507220400/https://www.prnewswire.com/news-releases/commencement-of-first-closings-at-111-west-57th-street-301043134.html live Construction slowed considerably due to the onset of the COVID-19 pandemic in early 2020, as well as a crane collapse later that year.Clarke 2023 229 . Prospective buyers were not allowed to tour the building for about 16 months due to pandemic restrictions. This caused the project to fall into danger of missing key construction deadlines and a corresponding decline in sales.Clarke Katherine April 8, 2020 Coronavirus Forces New York Condo Developers Into a Race Against Time en-US The Wall Street Journal https://www.wsj.com/articles/coronavirus-forces-new-york-condo-developers-into-a-race-against-time-11586358110 November 11, 2020 0099-9660 November 12, 2020 https://web.archive.org/web/20201112193822/https://www.wsj.com/articles/coronavirus-forces-new-york-condo-developers-into-a-race-against-time-11586358110 live Despite a general decrease in real estate activity due to the pandemic, there were several multi-million-dollar sales at 111 West 57th Street during mid-2020,Clarke Katherine June 9, 2020 Two Major Deals Offer Hope For Manhattan's Stalled Luxury Condo Market en-US The Wall Street Journal https://www.wsj.com/articles/two-major-deals-offer-hope-for-manhattans-stalled-luxury-condo-market-11591723859 November 11, 2020 0099-9660 November 16, 2020 https://web.archive.org/web/20201116160221/https://www.wsj.com/articles/two-major-deals-offer-hope-for-manhattans-stalled-luxury-condo-market-11591723859 liveGannon Devin September 10, 2020 $66M triplex penthouse at 111 West 57th Street sits 900 feet above Central Park https://www.6sqft.com/66m-triplex-penthouse-at-111-west-57th-street-sits-900-feet-above-central-park/ November 11, 2020 6sqft November 12, 2020 https://web.archive.org/web/20201112195620/https://www.6sqft.com/66m-triplex-penthouse-at-111-west-57th-street-sits-900-feet-above-central-park/ live and a penthouse went into contract for $50 million that December.December 9, 2020 111 West 57th Street Penthouse in Contract for Over $50M https://therealdeal.com/2020/12/09/penthouse-at-111-west-57th-street-fetches-over-50-million/ December 30, 2020 The Real Deal New York December 24, 2020 https://web.archive.org/web/20201224182216/https://therealdeal.com/2020/12/09/penthouse-at-111-west-57th-street-fetches-over-50-million/ live none; Gannon Devin December 9, 2020 $57M penthouse at 111 West 57th Street joins list of NYC's priciest pandemic sales https://www.6sqft.com/57m-penthouse-at-111-west-57th-street-joins-list-of-nycs-priciest-pandemic-sales/ December 30, 2020 6sqft December 19, 2020 https://web.archive.org/web/20201219103455/https://www.6sqft.com/57m-penthouse-at-111-west-57th-street-joins-list-of-nycs-priciest-pandemic-sales/ live Another apartment was the subject of a bidding war between the cryptocurrency businessman Gavin Wood and an unidentified buyer, who eventually beat out Wood.Clarke 2023 336 .Solomont E. B. Clarke Katherine 2022-01-27 Crypto Kings Are the Real-Estate Industry's Newest Whales https://www.wsj.com/finance/currencies/crypto-kings-are-the-real-estate-industrys-newest-whales-11643298936 2025-06-19 The Wall Street Journal en-US 0099-9660 The facade of the tower was being completed by September 2020, and the crane was being disassembled from the facade by March 2021.111 West 57th Street's Exterior Hoist Disassembled in Midtown, Manhattan New York YIMBY Young Michael March 30, 2021 https://newyorkyimby.com/2021/03/111-west-57th-streets-exterior-hoist-disassembled-in-midtown-manhattan.html April 12, 2021 April 12, 2021 https://web.archive.org/web/20210412041312/https://newyorkyimby.com/2021/03/111-west-57th-streets-exterior-hoist-disassembled-in-midtown-manhattan.html live In May 2021, Todd Morley proposed constructing a non-fungible token museum at 111 West 57th Street,Herring Sophia The World's Largest NFT Museum Is Coming to New York https://www.architecturaldigest.com/story/the-worlds-largest-nft-museum-is-coming-to-new-york May 27, 2021 June 17, 2021 Architectural Digest en-US June 24, 2021 https://web.archive.org/web/20210624200802/https://www.architecturaldigest.com/story/the-worlds-largest-nft-museum-is-coming-to-new-york live none; Hilburg Jonathan May 25, 2021 Will SHoP's 111 West 57th Street supertall house the world's largest NFT museum? https://www.archpaper.com/2021/05/will-shop-111-west-57th-street-supertall-get-the-worlds-largest-nft-museum/ June 17, 2021 The Architect's Newspaper en-US June 1, 2021 https://web.archive.org/web/20210601150923/https://www.archpaper.com/2021/05/will-shop-111-west-57th-street-supertall-get-the-worlds-largest-nft-museum/ live which would have used the top of the building as an antenna.Davis Ben May 26, 2021 A Financier Plans to Open the 'World's Largest NFT Museum' in a Skyscraper Looming Over Central Park https://news.artnet.com/art-world/nft-museum-111-west-57th-1973184 June 17, 2021 Artnet News en-US June 9, 2021 https://web.archive.org/web/20210609200216/https://news.artnet.com/art-world/nft-museum-111-west-57th-1973184 live In addition, the developer Steve Witkoff was hired as a consultant during the building's completion.Bockmann Rich April 3, 2025 In real estate, Witkoff is royalty. In DC, he's the president's man https://therealdeal.com/magazine/april-2025/in-real-estate-witkoff-is-royalty-in-washington-hes-the-presidents-man/ June 19, 2025 The Real Deal By then, Stern and Maloney planned to complete the interior in stages, prioritizing the completion of apartments for which sales contracts were being signed. Corcoran Group was reinstated as the building's broker in February 2022,Cranley Ellen February 2, 2022 Corcoran Taking Over 11 West 57th Street Sales From Elliman https://therealdeal.com/2022/02/02/corcoran-is-taking-over-sales-at-111-west-57th-street/ March 22, 2022 The Real Deal New York en-US March 22, 2022 https://web.archive.org/web/20220322004050/https://therealdeal.com/2022/02/02/corcoran-is-taking-over-sales-at-111-west-57th-street/ live and the podium was being completed by that March.Young Michael March 17, 2022 111 West 57th Street's Podium Nears Completion in Midtown, Manhattan https://newyorkyimby.com/2022/03/111-west-57th-streets-podium-nears-completion-in-midtown-manhattan.html March 22, 2022 New York YIMBY en-US March 18, 2022 https://web.archive.org/web/20220318154802/https://newyorkyimby.com/2022/03/111-west-57th-streets-podium-nears-completion-in-midtown-manhattan.html live By the next month, workers had installed the final elements of the facade,Dreith Ben World's skinniest skyscraper by SHoP Architects completes in Manhattan Dezeen April 4, 2022 https://www.dezeen.com/2022/04/04/shop-architects-111-west-57th-street-skinniest-skyscraper-manhattan/ April 20, 2022 April 20, 2022 https://web.archive.org/web/20220420025733/https://www.dezeen.com/2022/04/04/shop-architects-111-west-57th-street-skinniest-skyscraper-manhattan/ live and the first condominium sales were being finalized.Richardson Jacob Luxury Meets History: 111 West 57th Street Now Open To Residents Haute Residence by Haute Living April 27, 2022 https://www.hauteresidence.com/luxury-meets-history-111-west-57th-street-now-open-to-residents/ June 18, 2025 none; Dreith Ben World's skinniest skyscraper by SHoP Architects completes in Manhattan Dezeen April 4, 2022 https://www.dezeen.com/2022/04/04/shop-architects-111-west-57th-street-skinniest-skyscraper-manhattan/ June 18, 2025 By May 2022, nearly half of the condominiums had been sold.Connery Harrison May 13, 2022 Baloghs Buy on Billionaire's Row https://therealdeal.com/2022/05/13/baloghs-find-their-crown-jewel-at-billionaires-row-supertall/ May 25, 2022 The Real Deal New York en-US The interiors were completed in November 2022, and all construction was finished by the end of the year.Coen Andrew October 25, 2023 M&T Bank Lends $30M on 111 West 57th Street Tower https://commercialobserver.com/2023/10/mt-bank-lends-30m-on-111-west-57th-street-tower/ February 26, 2024 Commercial Observer Residential use When the building was finished, Maloney said he considered it to have been commercially unsuccessful.Clarke 2023 349–350 . Following slow sales, Apollo Global wrote off part of its mezzanine loan on 111 West 57th Street in August 2023.Weiss Miles Apollo Real Estate Trust Scales Back Expectations on Luxury NYC Tower Bloomberg L.P. August 1, 2023 https://www.bloomberg.com/news/articles/2023-08-01/apollo-trust-scales-back-timing-expectations-on-luxury-nyc-tower August 24, 2023 none; Apollo Writes Off Junior Loan at 111 West 57th Street The Real Deal August 2, 2023 https://therealdeal.com/new-york/2023/08/02/apollo-writes-off-junior-loan-at-111-west-57th-street/ August 24, 2023 A model apartment by Rafael de Cardenas, occupying floor 66, was completed the same month.Bertoli Rosa August 9, 2023 Rafael de Cárdenas unveils model residence interiors for Manhattan's supertall skyscraper https://www.wallpaper.com/design-interiors/manhattan-supertall-skyscraper-111-west-57th-street-rafael-de-cardenas-residence August 24, 2023 Wallpaper That October, M&T Bank provided a $30 million loan for the project. The tower's early condominium owners included the government of Canada (which bought an apartment for its consul general)Gourarie Chava Canadian Government Buys NYC Billionaires' Row Apartment for Consulate General Mansion Global July 12, 2024 https://www.mansionglobal.com/articles/canadian-government-buys-billionaires-row-apartment-for-6-6-million-594f7654 July 16, 2024 none; Callimachi Rukmini Marino Vivian July 12, 2024 Did King Charles Really Buy a $6 Million New York Condo? https://www.nytimes.com/2024/07/12/realestate/king-charles-condo-nyc.html July 16, 2024 The New York Times en-US 0362-4331 and the developer Christian Candy.British developer Christian Candy trading UES townhouse for 111 West 57th penthouse The Real Deal April 16, 2025 https://therealdeal.com/new-york/2025/04/16/british-developer-snags-111-west-57th-penthouse/ April 16, 2025Clarke Katherine April 14, 2025 Exclusive – British Property Developer Buys Billionaires' Row Penthouse for a Big Discount The Wall Street Journal https://www.wsj.com/real-estate/luxury-homes/christian-candy-billionaires-row-nyc-563d54a9 en-US April 16, 2025 Nikki Field of Sotheby's International Realty took over as the building's condominium sales agent in July 2024,Wall Sheridan Nikki Field Heads Sales at 111 West 57th Street The Real Deal July 15, 2024 https://therealdeal.com/new-york/2024/07/15/nikki-field-heads-sales-at-111-west-57th-street/ July 16, 2024 at which point 23 units remained unsold.Indursky Jake How 111 West 57th went from Billionaires' Row dud to darling The Real Deal 2026-04-24 https://therealdeal.com/new-york/2026/04/24/how-111-west-57th-went-from-billionaires-row-dud-to-darling/ 2026-05-13 Over the next two years, Field's team sold 22 units (many at discounted rates) for a combined $480 million. Bonhams auction house leased the former piano showroom in September 2024.Hallum Mark Bonhams Moving NYC Showroom to 42K SF at 111 West 57th Street Commercial Observer September 9, 2024 https://commercialobserver.com/2024/09/bonhams-lease-111-west-57th-street/ September 9, 2024 none; Cuba Julianne Auction house Bonhams to move Manhattan flagship to Steinway Hall Crain's New York Business September 11, 2024 https://www.crainsnewyork.com/real-estate/bonhams-leases-42000-square-feet-111-w-57th-st September 13, 2024 none; Walter-Warner Holden JDS leases to legendary auction house at 111 West 57th The Real Deal September 10, 2024 https://therealdeal.com/new-york/2024/09/10/jds-development-leases-auction-house-bonhams-at-111-west-57th/ September 13, 2024 The building had 10 unsold apartments by April 2025, and two of the original condo owners were recorded as having sold their apartments by August.Indursky Jake August 16, 2025 The highs and lows of reselling on Billionaires' Row https://therealdeal.com/new-york/2025/08/16/the-booms-and-busts-in-billionaires-row-resale-market/ August 17, 2025 The Real Deal The Bonhams space in the building opened in February 2026, opening the rotunda to the public for the first time in over a decade. By January 2026, only two apartments remained unsold,Wall Sheridan JDS, PMG's 111 West 57th Street snags top Manhattan contract, nears sellout The Real Deal 2026-01-12 https://therealdeal.com/new-york/2026/01/12/111-west-57th-street-snags-top-contract-nears-sellout/ 2026-04-25 of which one was sold that April.Paynter Sarah Exclusive The Wall Street Journal 2026-04-15 https://www.wsj.com/real-estate/luxury-homes/111-west-57th-street-penthouse-4ce0cb8e en-US 2026-05-13 Maloney retrospectively said that "financially, it was a disaster", referring to the financial shortfalls during construction and the fact that it had taken a decade to sell all the apartments.Indursky Jake PMG's Kevin Maloney on Billionaires' Row supertall: a financial "disaster" The Real Deal 2026-06-02 https://therealdeal.com/new-york/2026/06/02/pmgs-kevin-maloney-on-billionaires-row-supertall-a-financial-disaster/ 2026-06-05 Issues and incidents Lawsuits AmBase lawsuits AmBase sued Stern and Maloney in April 2016, alleging that the developers neglected to account for cost overruns reaching $50 million. AmBase sought damages of $105 million in relation to the two capital calls in which they did not participate, claiming that these capital calls served mainly to dilute their stake.Kleimann James Mashayekhi Rey April 29, 2016 JDS, PMG facing $105M lawsuit from 111 West 57th partner The Real Deal https://therealdeal.com/2016/04/29/jds-pmg-facing-105m-lawsuit-from-111w57-partner/ May 20, 2019 May 2, 2019 https://web.archive.org/web/20190502112039/https://therealdeal.com/2016/04/29/jds-pmg-facing-105m-lawsuit-from-111w57-partner/ live AmBase's founder Richard Bianco accused Stern and Maloney of using illegitimate third-party funding sources to finance their own ownership stake, and AmBase also claimed that Becker and Ruhan did not have their 26 percent stake diluted despite not participating in the capital calls.Geiger Daniel July 27, 2017 Steinway Tower lender attempted foreclosure, lawsuit alleges https://www.crainsnewyork.com/article/20170727/REAL_ESTATE/170729896/steinway-tower-lender-attempted-foreclosure live https://web.archive.org/web/20210909001817/https://www.crainsnewyork.com/article/20170727/REAL_ESTATE/170729896/steinway-tower-lender-attempted-foreclosure September 9, 2021 May 20, 2019 Crain's New York This initial litigation prompted a series of suits that lasted several years.Clarke 2023 279 . JDS and PMG countersued in January 2017, alleging that since there had never been an officially approved budget, there was no measure by which to determine cost overruns.Konrad Putzier January 18, 2017 JDS, PMG countersue AmBase over 111 West 57th https://therealdeal.com/2017/01/18/jds-pmg-countersue-ambase-over-111-west-57th/ November 11, 2020 The Real Deal New York November 19, 2020 https://web.archive.org/web/20201119152540/https://therealdeal.com/2017/01/18/jds-pmg-countersue-ambase-over-111-west-57th/ live Second AmBase lawsuitAmBase filed another lawsuit in mid-2017, claiming that Maloney and Stern were colluding with the lender, Spruce Capital Management, to allow a foreclosure which would wipe out AmBase's $66 million equity investment while preserving Maloney and Stern's $35 million stake. After AmBase was granted an initial injunction, the New York Supreme Court's trial division ruled in August 2017 that Maloney and Stern could receive full control of the project, thereby eliminating AmBase's investment. The Appellate Division also ruled against AmBase in January 2018.Rothstein Matthew January 24, 2018 Billionaire's Row Tower Investor Denied Appeal To Block Foreclosure https://www.bisnow.com/new-york/news/capital-markets/billionaires-row-steinway-tower-lawsuit-foreclosure-ambase-spruce-84105 June 19, 2025 Bisnow none; Geiger Daniel January 23, 2018 Billionaire's Row developer AmBase loses bid to stave off foreclosure https://www.crainsnewyork.com/article/20180124/REAL_ESTATE/180129962/billionaire-s-row-developer-ambase-loses-bid-to-stave-off-foreclosure unfit https://web.archive.org/web/20200519022957/https://www.crainsnewyork.com/article/20180124/REAL_ESTATE/180129962/billionaire-s-row-developer-ambase-loses-bid-to-stave-off-foreclosure May 19, 2020 June 19, 2025 Crain's New York Business AmBase refiled the second lawsuit in federal court in early 2018, claiming that Maloney and Stern's alleged collusion with Spruce violated the Racketeer Influenced and Corrupt Organizations Act and seeking a $136 million judgment.Brenzel Kathryn October 29, 2018 Stern, Maloney notch huge legal victory in fight over 111 West 57th Street The Real Deal https://therealdeal.com/2018/10/29/stern-maloney-notch-huge-legal-victory-in-fight-over-111-west-57th-street/ May 20, 2019 May 29, 2019 https://web.archive.org/web/20190529224452/https://therealdeal.com/2018/10/29/stern-maloney-notch-huge-legal-victory-in-fight-over-111-west-57th-street/ live At the time, Bianco faced his own lawsuit from hedge fund IsZo Capital, which claimed the company had purposefully forced the 2017 foreclosure by denying the Baupost Group loan, for Bianco's own benefit.Putzier Konrad April 6, 2018 Hedge fund sues AmBase over 111 West 57th Street investment debacle The Real Deal https://therealdeal.com/2018/04/06/hedge-fund-sues-ambase-over-111-west-57th-street-investment-debacle May 20, 2019 April 30, 2019 https://web.archive.org/web/20190430074216/https://therealdeal.com/2018/04/06/hedge-fund-sues-ambase-over-111-west-57th-street-investment-debacle/ live In October 2018, AmBase's federal lawsuit was dismissed after the court found no evidence of collusion between Maloney, Stern, and Spruce. After the dismissal of their three previous lawsuits, AmBase again sued Spruce Capital, Maloney, and Stern in May 2019, restating previous allegations of collusion and seeking additional damages for the developers' alleged breach of their fiduciary duties.Jeans David May 23, 2019 Sour grapes at 111 West 57th: AmBase tries again to reclaim the Manhattan supertall The Real Deal https://therealdeal.com/2019/05/23/sour-grapes-at-111-west-57th-ambase-tries-again-to-reclaim-the-manhattan-supertall/ May 29, 2019 May 29, 2019 https://web.archive.org/web/20190529222856/https://therealdeal.com/2019/05/23/sour-grapes-at-111-west-57th-ambase-tries-again-to-reclaim-the-manhattan-supertall/ live AmBase then appealed to the United States Court of Appeals for the Second Circuit, which declined the appeal in September 2019.Jean David September 3, 2019 Another legal door closes for jilted investor at 111 West 57th Street The Real Deal https://therealdeal.com/2019/09/03/another-legal-door-closes-for-jilted-investor-at-111-west-57th-street/ September 12, 2019 September 4, 2019 https://web.archive.org/web/20190904223841/https://therealdeal.com/2019/09/03/another-legal-door-closes-for-jilted-investor-at-111-west-57th-street/ live The lawsuits continued into the 2020s;Clarke 2023 349 . the litigation was so extensive that one judge had compared one of AmBase's revised complaints to a copy of the book War and Peace. In 2026, the New York Court of Appeals allowed the litigation to proceed.Parrott Max A supertall order: New York's high court decision in Steinway Tower lawsuit signals sweeping changes in real estate law amNewYork 2026-06-05 https://www.amny.com/law/supertall-steinway-tower-court-of-appeals-decision/ 2026-07-16 Other lawsuits thumb|left|upright|alt=111 West 57th Street as seen in December 2019 from Columbus Circle. There is a construction crane on one side of the building. From left to right, 432 Park Avenue, the sign above the Essex House, One57, and 220 Central Park South can be seen in the background.|Seen in December 2019 from Columbus Circle. From left to right, 432 Park Avenue, the sign above the Essex House, One57, and 220 Central Park South can be seen in the background. After the Corcoran Group was fired in May 2018, Barbara Corcoran sued the building's developers for $30 million the next month, claiming that her brokerage company's contract to market the building's units had been unfairly terminated.Solomont E.B. June 21, 2018 Aerial warfare: Corcoran Sunshine files $30M suit at Billionaires' Row supertall The Real Deal https://therealdeal.com/2018/06/21/aerial-warfare-corcoran-sunshine-files-30m-suit-at-billionaires-row-supertall/ May 20, 2019 May 29, 2019 https://web.archive.org/web/20190529222912/https://therealdeal.com/2018/06/21/aerial-warfare-corcoran-sunshine-files-30m-suit-at-billionaires-row-supertall/ live The developers claimed that the Corcoran Group had been fired after failing to sell 25 percent of the building's units by the middle of 2018 as required by their contract. However, Corcoran claimed that due to the numerous lawsuits, delays, and cost overruns, the developers had halted marketing and sales for the units which made it impossible for the brokerage to reach their sales hurdles. Corcoran also sued Douglas Elliman for tortious interference, claiming the company had hired away the building's sales director in violation of her non-compete clause. In December 2020, JDS sued HVAC contractor Copper II and the contractor's insurer Talisman Casualty for over $11.7 million. In its lawsuit, the developers claimed that Copper II had delayed its installation of the HVAC system, causing sustained water damage on several floors.Jones Orion December 15, 2020 JDS Development Sues Contractor Over Billionaires' Row Tower https://therealdeal.com/2020/12/15/jds-sues-111-west-57th-contractor-insurer-over-shoddy-work-and-blunderbuss-requests/ December 30, 2020 The Real Deal New York December 29, 2020 https://web.archive.org/web/20201229210941/https://therealdeal.com/2020/12/15/jds-sues-111-west-57th-contractor-insurer-over-shoddy-work-and-blunderbuss-requests/ live In August 2021, JDS sued crane contractor US Crane & Rigging and one of its subsidiaries for $50 million, claiming that the contractor's negligence had caused glass panels on the facade to break the previous October (see Safety incidents).Lovinger Joe August 20, 2021 JDS Sues Crane Operator Over Incident at 111 West 57th Street https://therealdeal.com/2021/08/20/michael-sterns-jds-sues-crane-company-at-111-west-57th-street-for-50m/ September 25, 2021 The Real Deal New York en-US September 25, 2021 https://web.archive.org/web/20210925031441/https://therealdeal.com/2021/08/20/michael-sterns-jds-sues-crane-company-at-111-west-57th-street-for-50m/ liveClarke 2023 329 . In addition, during the COVID-19 pandemic, aggrieved investors met across the world to discuss issues with the building's construction, with several investors filing separate lawsuits against the developers.Clarke 2023 331–332 . Labor disputes The developers intended for the tower to become New York City's tallest building constructed with non-union labor.Geiger Daniel January 13, 2015 Nonunion West 57th St. spire aims to shatter record Crain's New York https://www.crainsnewyork.com/article/20150114/REAL_ESTATE/301119992/nonunion-west-57th-st-spire-aims-to-shatter-record May 20, 2019 December 14, 2019 https://web.archive.org/web/20191214194020/https://www.crainsnewyork.com/article/20150114/REAL_ESTATE/301119992/nonunion-west-57th-st-spire-aims-to-shatter-record liveClarke 2023 216 . Non-unionized workers were cheaper to hire and did not need to be compensated double overtime, hourly pension fees, and benefit fees.Hutchins Ryan May 12, 2015 Developer of 'billionaires row' tower on his fight with labor Politico https://www.politico.com/states/new-york/city-hall/story/2015/05/developer-of-billionaires-row-tower-on-his-fight-with-labor-022065 May 20, 2019 August 7, 2018 https://web.archive.org/web/20180807140610/https://www.politico.com/states/new-york/city-hall/story/2015/05/developer-of-billionaires-row-tower-on-his-fight-with-labor-022065 live This decision attracted scrutiny from New York City's politically powerful construction unions.King James May 12, 2015 JDS' Michael Stern Shines a Spotlight on its Brawl with Unions https://commercialobserver.com/2015/05/stern-to-unions-youre-done-in-this-town/ June 19, 2025 Commercial Observer none; Moses Claire 2015-05-12 JDS' Michael Stern goes on the defense http://therealdeal.com/blog/2015/05/12/jds-michael-stern-goes-on-the-defense/ https://web.archive.org/web/20150922012916/http://therealdeal.com/blog/2015/05/12/jds-michael-stern-goes-on-the-defense/ 2015-09-22 2025-06-19 The Real Deal New York en-US The Building and Construction Trades Council of Greater New York's leader, Gary LaBarbera, criticized the developers for not using union labor or providing adequate safety training. The union detailed multiple incidents that had occurred at the site including "a worker falling from scaffold that lacked a railing, one worker who fell in a partial building collapse and another who had his leg crushed when a steel beam slipped." Manhattan Borough President Gale Brewer sided with LaBarbera, sending Stern a letter expressing concern over the workers' safety, training, and pay.Hutchins Ryan March 24, 2015 Brewer wades into union's fight with luxury developer Politico https://www.politico.com/states/new-york/city-hall/story/2015/03/brewer-wades-into-unions-fight-with-luxury-developer-020742 May 20, 2019 May 16, 2020 https://web.archive.org/web/20200516071634/https://www.politico.com/states/new-york/city-hall/story/2015/03/brewer-wades-into-unions-fight-with-luxury-developer-020742 live none; March 25, 2015 JDS Development Michael Stern https://therealdeal.com/2015/03/25/manhattan-beep-steps-into-dispute-between-jds-union/ November 11, 2020 The Real Deal New York October 31, 2020 https://web.archive.org/web/20201031010323/https://therealdeal.com/2015/03/25/manhattan-beep-steps-into-dispute-between-jds-union/ live New York City Public Advocate Letitia James echoed Brewer's concerns and agreed that the usage of non-union labor could lead to increased danger for workers.Clarke Katherine February 4, 2015 Public Advocate Letitia James wades into union argument over Billionaires' Row megatower New York Daily News 2692-1251 https://www.nydailynews.com/life-style/real-estate/letitia-james-wades-row-billionaires-row-tower-article-1.2103667 May 20, 2019 May 27, 2020 https://web.archive.org/web/20200527091616/https://www.nydailynews.com/life-style/real-estate/letitia-james-wades-row-billionaires-row-tower-article-1.2103667 live Union workers protested the project by staging inflatable rats at events where Stern appeared, and heckling him at speeches, on 57th Street, or outside Stern's residence.Clarke 2023 218 . In exchange, Stern publicly criticized the unions. Cyrus Vance Jr., then the New York County District Attorney, indicted subcontractor Parkside Construction in May 2018 for several financial crimes.McKinley James C. Jr. May 16, 2018 Laborers on a 'Billionaires' Row' Tower Cheated of Wages, D.A. Says https://www.nytimes.com/2018/05/16/nyregion/steinway-tower-wage-theft-vance.html August 6, 2018 The New York Times 0362-4331 August 6, 2018 https://web.archive.org/web/20180806180407/https://www.nytimes.com/2018/05/16/nyregion/steinway-tower-wage-theft-vance.html liveBrenzel Kathryn May 16, 2018 Construction firm working on some of NYC's biggest projects accused of stealing wages, cheating state out of $8M https://therealdeal.com/2018/05/16/construction-company-working-on-111-west-57th-accused-of-stealing-wages-cheating-state-out-of-8m/ May 16, 2018 The Real Deal May 16, 2018 https://web.archive.org/web/20180516194415/https://therealdeal.com/2018/05/16/construction-company-working-on-111-west-57th-accused-of-stealing-wages-cheating-state-out-of-8m/ live The indictment included charges of stealing $1.7 million from 520 workers on the project by purposely shorting their hours and failing to pay them overtime, hiding nearly $42 million in wages from state insurance officials to avoid paying workers' compensation premiums, and using undocumented immigrants. The company's owners, Francesco and Salvatore Pugliese, were charged with grand larceny, insurance fraud and scheme to defraud, and several Parkside staff were also charged in the scheme.Clarke 2023 229–230 . Parkside had previously been sued in 2015 in a class-action lawsuit by former workers on the site, who had alleged widespread wage theft.Smith Greg B. October 14, 2015 Builders of NYC skyscrapers are cheating laborers out of wages: lawsuit New York Daily News 2692-1251 https://www.nydailynews.com/new-york/builders-nyc-skyscrapers-wage-cheating-lawsuit-article-1.2396337 May 20, 2019 July 15, 2018 https://web.archive.org/web/20180715192514/http://www.nydailynews.com/new-york/builders-nyc-skyscrapers-wage-cheating-lawsuit-article-1.2396337 live In February 2021, the Pugliese brothers pleaded guilty to insurance fraud and were forced to pay the insurance fund $1.4 million in exchange for a conditional discharge. The brothers did not receive a prison sentence, nor were they forced to give restitution to their employees.Wishnia Steve March 30, 2021 Concrete Contractors Avoid Jail After Multimillion-Dollar Wage Fraud https://www.laborpress.org/concrete-contractors-avoid-jail-after-multimillion-dollar-wage-fraud/ November 7, 2022 LaborPress June 19, 2021 https://web.archive.org/web/20210619223055/https://www.laborpress.org/concrete-contractors-avoid-jail-after-multimillion-dollar-wage-fraud/ dead Safety incidents On January 21, 2019, a suspended scaffold attached to the building broke free from the exterior, collided with windows, and showered pieces of broken glass over nearby sidewalks due to high winds. The New York City Buildings Department initiated a partial stop work order, and issued the site a violation for failure to safeguard construction equipment.Spivack Caroline January 22, 2019 Scaffold breaks free, damages windows at Midtown supertall https://ny.curbed.com/2019/1/22/18192716/111-west-57th-street-construction-midtown-supertall January 22, 2019 Curbed NY January 23, 2019 https://web.archive.org/web/20190123010617/https://ny.curbed.com/2019/1/22/18192716/111-west-57th-street-construction-midtown-supertall dead Pieces of concrete also allegedly fell off the building while the concrete was being poured, hitting the nearby Hampshire House, and a terracotta block fell from the tower in January 2020, denting the roof of a passing taxi.October 29, 2020 Spinning Crane at NYC High-Rise, Falling Debris Prompt Street Closures; No Injuries https://www.nbcnewyork.com/news/local/strong-winds-leave-crane-dangling-at-midtown-skyscraper-4-blocks-shut-down/2695049/ November 11, 2020 NBC New York November 6, 2020 https://web.archive.org/web/20201106055409/https://www.nbcnewyork.com/news/local/strong-winds-leave-crane-dangling-at-midtown-skyscraper-4-blocks-shut-down/2695049/ live Another high wind on October 29, 2020, knocked the tower's construction crane loose, causing it to smash into the facade and scatter debris on the street below.Gross Max October 29, 2020 Debris Raining Down on Billionaires Row After Another Crane Accident https://commercialobserver.com/2020/10/debris-falling-from-111-west-57th-street-after-another-crane-accident/ live https://web.archive.org/web/20201101221828/https://commercialobserver.com/2020/10/debris-falling-from-111-west-57th-street-after-another-crane-accident/ November 1, 2020 November 11, 2020 Commercial Observer en-US none; Shanahan Ed October 30, 2020 Above Billionaire's Row, a Spinning Crane, Falling Debris and More Fear https://www.nytimes.com/2020/10/30/nyregion/crane-accident-midtown-manhattan-debris.html live https://web.archive.org/web/20201116014801/https://www.nytimes.com/2020/10/30/nyregion/crane-accident-midtown-manhattan-debris.html November 16, 2020 November 11, 2020 The New York Times en-US 0362-4331 Investigators subsequently traced the cause of the crane's partial collapse to an unsecured cable. Two weeks later, on November 15, a glass curtain wall fell 56 floors into a nearby street. On December 24, 2020, another pane of glass fell from the 58th Street side of the building, although nobody was hurt.Parnell Wess Annese John Glass again falls from troubled Midtown skyscraper where spinning crane caused havoc https://www.nydailynews.com/new-york/nyc-crime/ny-glass-falls-again-midtown-skyscraper-20201225-fo5vm53esbdizpbrjtoy362rjy-story.html#nt=pf-single%20chain~top-right-chain~recommender~automated~2headline-stack~FO5VM53ESBDIZPBRJTOY362RJY~1~4~1~1~art%20no December 25, 2020 New York Daily News 2692-1251 December 24, 2020 December 25, 2020 https://web.archive.org/web/20201225022324/https://www.nydailynews.com/new-york/nyc-crime/ny-glass-falls-again-midtown-skyscraper-20201225-fo5vm53esbdizpbrjtoy362rjy-story.html#nt=pf-single%20chain~top-right-chain~recommender~automated~2headline-stack~FO5VM53ESBDIZPBRJTOY362RJY~1~4~1~1~art%20no live In February 2022, a slab of ice was suspected to have fallen from 111 West 57th Street, damaging a car on the ground and injuring its driver.Sanderson Bill Woman hurt by falling ice on NYC Billionaires' Row says she feared for her life – city probes 'frightening' incident New York Daily News 2692-1251 February 27, 2022 https://www.nydailynews.com/new-york/ny-billionaires-row-falling-ice-midtown-manhattan-20220227-hqtg5qtkmjbe7k2wiskinhim3a-story.html March 8, 2022 March 7, 2022 https://web.archive.org/web/20220307231752/https://www.nydailynews.com/new-york/ny-billionaires-row-falling-ice-midtown-manhattan-20220227-hqtg5qtkmjbe7k2wiskinhim3a-story.html liveBahadursingh Nathaniel Passersby injured by falling ice from Billionaires' Row supertall Archinect February 27, 2022 https://archinect.com/news/article/150300413/passersby-injured-by-falling-ice-from-billionaires-row-supertall March 8, 2022 March 8, 2022 https://web.archive.org/web/20220308143019/https://archinect.com/news/article/150300413/passersby-injured-by-falling-ice-from-billionaires-row-supertall live The Department of Buildings fined the building's owners after that incident. Reception Writing for Vanity Fair, architectural critic Paul Goldberger referred to the plans for the tower as "quite possibly the most elegant" of Billionaires' Row's structures. Goldberger described it as "a subtle and graceful re-interpretation in modern form of the stepped-back, "wedding cake" towers of New York's past". C. J. Hughes of The New York Times said that the tower rejected "the crystalline look so popular with new developments in the neighborhood". Architectural critic Carter Horsley wrote that the tower was "a very original design by SHoP" and that it "definitely has a feminine character" with its crown resembling a tiara.Horsley Carter 111 West 57th Street https://www.cityrealty.com/nyc/midtown-west/111-west-57th-street/55221 November 11, 2020 CityRealty November 4, 2020 https://web.archive.org/web/20201104213052/https://www.cityrealty.com/nyc/midtown-west/111-west-57th-street/55221 live Skyscraper Museum founder Carol Willis was optimistic that several Billionaires' Row buildings would become New York City designated landmarks in the 2050s, saying: "I have no doubt that some—such as 432 Park Avenue and 111 W 57 Street—will be designated as superior examples of the iconic forms characteristic of New York of the 2010s."Bosker Bianca How Tall Is Too Tall? The Atlantic December 17, 2022 https://www.theatlantic.com/magazine/archive/2023/01/supertall-mega-skyscraper-building-nyc/672228/ December 22, 2022 Bianca Bosker of The Atlantic called 111 West 57th Street "a luxury condominium resembling the love child of a dustbuster and a Mach3 razor". Some critics also wrote about the building's slenderness ratio. Justin Davidson of New York magazine wrote: "No tower will be the last, biggest, or tallest for long, but this one might be the best." A writer for The Wall Street Journal in 2021 said: "These are not the proportions of a classical column but of a coffee stirrer."Lewis Michael J. September 9, 2021 How 9/11 Changed Architecture en-US The Wall Street Journal https://www.wsj.com/articles/9-11-world-trade-center-skyscrapers-distributed-antenna-system-das-federal-emergency-management-agency-fema-11631225002 September 25, 2021 0099-9660 September 25, 2021 https://web.archive.org/web/20210925031440/https://www.wsj.com/articles/9-11-world-trade-center-skyscrapers-distributed-antenna-system-das-federal-emergency-management-agency-fema-11631225002 live The construction of 111 West 57th Street also garnered criticism. In 2015, when the tower was still in development, a neighborhood group protested the fact that the Steinway Tower and other Billionaires' Row towers would cast long shadows over Central Park.McKnight Jenna November 11, 2015 Shadows cast by super-tall towers in Manhattan spark a protest https://www.dezeen.com/2015/11/11/supertall-skinny-skyscrapers-towers-manhattan-new-york-shop-architects-robert-stern-rafaely-vinoly-jean-nouvel-portzamparc-controversy-protest/ May 30, 2021 Dezeen en June 2, 2021 https://web.archive.org/web/20210602221604/https://www.dezeen.com/2015/11/11/supertall-skinny-skyscrapers-towers-manhattan-new-york-shop-architects-robert-stern-rafaely-vinoly-jean-nouvel-portzamparc-controversy-protest/ live When the building was nearly complete, in 2019, a writer for Business Insider visited one of the condominium units, saying: "I can't say that my tour of its first condo felt too different from another Billionaires' Row apartment I've visited." Edwin Heathcote of the Financial Times described the new residential skyscraper as a "skinnyscraper" that was the "purest illustration of architecture as an expression of surplus capital". Heathcote lamented that its purpose—rather than being a bustling city unto itself that would unite people, as was the goal for skyscrapers built in the 1920s and 1930s—was the "exclusion of 99.99 per cent".Heathcote Edwin May 6, 2022 Too rich and too thin? Welcome to Manhattan's newest 'skinnyscraper' Financial Times https://www.ft.com/content/7e149591-036c-412d-bd1e-8d483af3d990 May 7, 2022 See also Architecture New York City List of New York City Designated Landmarks in Manhattan from 14th to 59th Streets List of tallest buildings in New York City in the United States in the world with a residential purpose References Notes Citations Sources Clarke Katherine Billionaires' Row: Tycoons, High Rollers, and the Epic Race to Build the World's Most Exclusive Skyscrapers National Geographic Books June 13, 2023 978-0-593-24006-9 https://books.google.com/books?id=My2OEAAAQBAJ Fostle D.W. https://books.google.com/books?id=HF0IAQAAMAAJ The Steinway Saga: An American Dynasty Scribner 1995 978-0-684-19318-2 Lieberman Richard K. https://books.google.com/books?id=vJqCDwAAQBAJ Steinway and Sons Yale University Press 1997 978-0-300-24716-9 Pasquarelli Gregg September 28, 2015 Architects Report: 111 West 57th Condominium https://therealdeal.com/new-research/wp-content/uploads/offering-plan/cd15-0146_111-west-57th-street-condominium_offering-plan-final_screened_part10.pdf therealdeal.com 161–170, 171–188 August 1925 Steinway Building, New York City https://babel.hathitrust.org/cgi/pt?id=mdp.39015086591925&view=1up&seq=301 Architecture and Building 57 8 Architecture and Building 1925 HathiTrust http://s-media.nyc.gov/agencies/lpc/lp/2100.pdf Steinway Hall November 13, 2001 New York City Landmarks Preservation Commission Landmarks Preservation Commission 2001 http://s-media.nyc.gov/agencies/lpc/lp/2551.pdf Steinway & Sons Reception Room and Hallway September 10, 2013 New York City Landmarks Preservation Commission Landmarks Preservation Commission 2013 Yalniz Fatih Engineering the supertall and superslender 111 West 57th https://ibracon.org.br/site_revista/concreto_construcoes/pdfs/edicao99/IBRACON99_ObrasEmblematicas.pdf CONCRETO & Construções XLVIII 99 2020 10.4322/1809-7197.2020.99.0005 free 75–80 External links http://111w57.com/ collapsed Architecture New York City Category:1925 establishments in New York City Category:1920s architecture in the United States Category:2022 establishments in New York City Category:2020s architecture in the United States Category:Commercial buildings in Manhattan Category:Commercial buildings completed in 1925 Category:Condominiums and housing cooperatives in Manhattan Category:Midtown Manhattan Category:Pencil towers in New York City Category:Residential buildings completed in 2022 Category:Residential condominiums in New York City Category:Residential skyscrapers in Manhattan Category:Skyscrapers on 57th Street (Manhattan) Category:Mausoleum at Halicarnassus Category:Warren and Wetmore buildings