One57 is a 75-story (1,004 feet) Manhattan residential building at 167 West 57th Street. Apartments were pre-purchased for large sums of money; many of the purchasers were billionaires. While still under construction in September 2012, the New York (NY) Times published the article “Rising Tower Emerges as a Billionaires’ Haven,” giving the unfinished building a new nickname:
“One57, a 1,004-foot tower under construction in Midtown Manhattan, will soon hold the title of New York’s tallest building with residences. But without fanfare from its ultraprivate future residents, it is cementing a new title: the global billionaires’ club.”
One57’s construction crane collapsed in October 2012 during Hurricane Sandy.
One57, formerly known as Carnegie 57, is a 75-story (marketed as 90-story) skyscraper currently under-construction at 157 West 57th Street in the Midtown neighborhood of Manhattan, New York City. Upon completion in 2013, it will stand at 306 meters (1004 feet) tall, making it one of the tallest buildings in the city. The building will have 135 residential units on top of a Park Hyatt Hotel with 210 rooms. The bottom of Carnegie 57 is touching the neighboring buildings due to the limited space of the property.
The building attracted international media coverage during Hurricane Sandy when a broken crane collapsed. The NYC Department of Buildings stated they had multiple complaints about the work site. The contractor is Lend Lease Project Management & Construction, and developer is Extell Corporation.
New York (NY) Times
Rising Tower Emerges as a Billionaires’ Haven
By ALEXEI BARRIONUEVO
Published: September 18, 2012
One57, a 1,004-foot tower under construction in Midtown Manhattan, will soon hold the title of New York’s tallest building with residences. But without fanfare from its ultraprivate future residents, it is cementing a new title: the global billionaires’ club.
The buyers of the nine full-floor apartments near the top that have sold so far — among them two duplexes under contract for more than $90 million each — are all billionaires, Gary Barnett, the president of the Extell Development Company, the building’s developer, said this week. The other seven apartments ranged in price from $45 million to $50 million.
One57: “The Global Billionaires’ Club”
POSTED ON WED, 09/19/2012 - 14:58
When a residential building has got the reputation of being the tallest of its kind in New York, one would imagine that the building would be content to rest on that title’s laurels alone. But that is hardly the case with One57, the 1,004-foot tower rising like a behemoth in Midtown Manhattan. With magnificently large, full-floor apartments offering residents 360-degree views that include the striking Empire State Building, the lush greenery of Central Park and the stunning Statue of Liberty, these ultra-luxury homes near the top of the building are now being known for attracting the richest from around the world.
In a recent report, The New York Times characterizes One57 as “the global billionaires’ club,” an apt description for the $1.5 billion development that has apartments being purchased for phenomenal sums of money.
Chinese Among Global Billionaires Club in NY Luxury Tower
by MICHAEL COLE on SEPTEMBER 23, 2012
New York, home to some of the world’s most expensive real estate has a new residential landmark, and the Chinese are already buying pieces of one57 — where units go for as much as US$90 million each.
The building, which is being touted as the “global billionaires club,” is a 1004-foot tower in midtown Manhattan, and at least two Chinese investors are reported to be purchasing homes in the as yet incomplete structure.
The Age (Melbourne)
Sandy leaves crane dangling in storm
October 30, 2012
A crane on a Manhattan skyscraper building site run by an Australian company has been buckled by savage winds and is dangling precariously 74 storeys above the city.
The crane, on top of the $1.45 billion building nicknamed the ‘‘global millionaires club’’, is rented by Australian construction giant Lend Lease from Canada’s Pinnacle Industries.
The building has been labelled the ‘‘global billionaires club’’ by the New York Times after nine full-floor apartments were sold to billionaires.
The building also features two duplexes worth more than $87 million each.
New York City • Buildings/Housing/Parks • Saturday, November 03, 2012 • Permalink