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We’re living through the birth of a new species of skyscraper that not even architects and engineers saw coming. After 9/11, experts concluded that skyscrapers were finished. Tall buildings that were in the works got scaled down or canceled on the assumption that soaring towers were too risky to be built or occupied. “There were all sorts of public statements that we’re never going to build tall again,” one architect told The Guardian. “All we’ve done in the 20 years since is build even taller.” — The Atlantic
The ascendency of “accidental skylines” in Midtown Manhattan, Downtown Brooklyn, Miami, and recently Austin and Los Angeles is becoming a defining design trait of American cities as we move into the century’s third decade. “It’s a message of power,” developer Don Peebles told the... View full entry
High rollers in the most expensive residential market in the country now have the chance to own its highest-elevated piece of real estate as the penthouse apartment in Adrian Smith + Gordon Gill's record-breaking Central Park Tower is now up for sale in Manhattan. The asking price for... View full entry
Construction has begun on an ODA-designed residential tower along New York City’s Billionaire’s Row. The 175,000-square-foot building will sit at 126 East 57th Street, comprising 175 units. Nearly all of the residences will have private outdoor terraces, creating a pixelated effect across the... View full entry
A milestone development on the way to what is one of the most anticipated new openings of the year as the exteriors have been completed on SHoP’s award-winning 111 West 57th Street supertall tower in Midtown Manhattan. Once completed, the building will stand as the second-tallest... View full entry
Ice believed to have fallen more than 1,400 feet from a Midtown condo crushed the roof and smashed the windshield of Deneice O’Connor’s car as she drove up Sixth Ave., the shaken motorist said Saturday. “It just crashed down on me. I immediately thought a body had fallen on my car,” O’Connor, 35, told the Daily News. — Daily News
The ice is believed to have fallen from the SHoP Architects-designed 111 W. 57th Street supertall, one of the world's thinnest skyscrapers and tallest residential buildings in the Western Hemisphere. It is a prominent fixture along “Billionaires’ Row”. Police have also reported that... View full entry
The supertall Central Park Tower, the latest addition by Extell Development to Midtown Manhattan’s Billionaires’ Row, had more recorded sales in October, including two full-floor aeries. But both of them, like other recent transactions in the new building, closed well below their asking price. — The New York Times
Of all the recent sales at Central Park Tower, just one was made around the asking price. At the Adrian Smith + Gordon Gill-designed luxury skyscraper, which boasts the highest roof in the Western Hemisphere, The New York Times reports three recent apartment sales well below their listed prices... View full entry
The skyscrapers of New York’s so-called Billionaires’ Row in Midtown Manhattan have something in common besides eye-watering prices: The city still considers them active construction sites, with a range of safety-related requirements that remain incomplete, sometimes years after occupancy. — The New York Times
All of the eight new Billionaires’ Row towers are reportedly missing final signoff from the Department of Buildings on elevators and plumbing, with seven lacking final signoff on fire sprinklers and standpipes. Five are missing approvals from the fire department. According to The New York... View full entry
Central Park Tower, aka 217 West 57th Street, has surpassed the 1,450-foot-tall Willis Tower (née Sears Tower) to claim the title of highest roof in the Western Hemisphere. The Adrian Smith + Gordon Gill-designed supertall is being developed by Extell and will soon top-out at 1,550 feet tall over Billionaires’ Row. — New York YIMBY
Once the world's tallest building from 1974 to 1996, the 1,450-foot-tall Willis Tower in Chicago is, little by little, kicked out from top placements in various height-record categories by the new kids on blocks all over the world. After losing the overall height crown to the twin Petronas Towers... View full entry
"It is difficult enough for Firefighters operating inside of high-rise buildings. Access to the fire area and to whatever is on fire is paramount to save lives and to protect Firefighters operating at these fires... While we acknowledge and accept the risks of our profession, we strongly oppose construction methods that are inherently dangerous that for no valid reason increase the threat to the lives of the public and our members." — Uniformed Firefighters Association of Greater New York
The Uniformed Firefighters Association of Greater New York has come out in strong support of state-level legislation aimed at limiting the ability of real estate developers to use "mechanical void spaces" to game zoning codes into allowing them to construct taller buildings. In a strongly-worded... View full entry
The state Appellate Division’s First Judicial Department issued a ruling on Tuesday denying the West 58th Street Coalition’s motion to extend a temporary injunction to stop the opening of the homeless shelter. The city plans to open the shelter at the former Park Savoy Hotel at 158 W. 58th St. It is located on a block near an area dubbed Billionaires’ Row, which is home to a group of luxury residential skyscrapers. — The Wall Street Journal
The Wall Street Journal reports that the West 58th Street Coalition, the neighborhood group opposing the planned homeless shelter, would "appeal Tuesday’s ruling to the state’s highest court, the Court of Appeals, which would hear the case in the fall." The shelter population in New York City... View full entry
A judge temporarily stopped the city’s plan to open a homeless shelter in a former hotel near Billionaires’ Row, which a group of residents have been trying to derail citing fire safety concerns in the property. [...]
The stay is the latest in a nearly two year battle between locals and the city over the shelter at the Park Savoy Hotel—which backs against the One57 luxury tower that has $100 million condos [...].
— Commercial Observer
"Neighbors have fiercely opposed the shelter, citing possible increased criminal activity and fire safety concerns," reports Curbed NY. "But, as [Judge Alexander] Tisch noted in his April ruling, the FDNY approved the building’s Fire Protection Plan. Further, a source familiar with the plan said... View full entry
Extell Development’s supertall on Billionaires’ Row is officially the tallest residential tower in the world. Central Park Tower, at 225 West 57th Street, has reached its 92nd floor, surpassing the 1,396-foot-tall tower at 432 Park Avenue. Designed by Adrian Smith + Gordon Gill Architecture, Central Park Tower will top out at 95 stories, or 1,550 feet tall, making it stand out significantly among neighboring skyscrapers when construction wraps up next year. — 6sqft
A new report by real estate agency Knight Frank finds that 153 properties in six cities’ “ultra-prime” category sold for a combined total of $6.6 billion in the last year, or an average of $43 million per house.
Hong Kong led the world in sales over $25 million, followed by New York, then London.
— Bloomberg
Market slowdown? What market slowdown? While the real estate sector in the U.S. and certain global regions (looking at you, Brexit-y London) is seeing signs of cooling, including the upper-scale segment, there has been no significant impact on the uppest-scale cream slice of the industry with... View full entry
It’s looking to be a big year for Billionaires’ Row: Just one month after sales launched at 111 West 57th Street, Extell has followed suit at Central Park Tower, its behemoth located at 217 West 57th Street. [...]
The development has been somewhat shrouded in mystery since plans were announced more than five years ago. Construction got underway not long after, but details about the tower have been few and far between.
— Curbed NY
With a target floor count of 101 and designed to stand 1,550 feet tall once completed, the Adrian Smith + Gordon Gill Architecture-designed tower on Billionaires’ Row brands itself as the "tallest residential building in the world". At this height, the upper floors don't have much else standing... View full entry