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53W53

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Status  Under construction
Opened  2012
Architect  Jean Nouvel
Antenna spire  1,050 ft (320 m)
Floor count  82
53W53 aasarchitecturecomwpcontentuploadsReadytoBr
Type  Museum, Residential Condominiums
Location  53 West 53rd Street New York City, New York, United States
Owner  Hines, Pontiac Land Group, Goldman Sachs
Developer  Hines, Pontiac Land Group, Goldman Sachs
Similar  111 West 57th Street, Central Park Tower, 432 Park Avenue, One57, 30 Hudson Yards

Tower verre 53w53 320m nyc s luxury skyscraper june 2016


53W53, also known as the MoMA Expansion Tower and 53 West 53rd Street, and formerly known as Tower Verre is a supertall skyscraper currently under construction by the real estate companies Hines, Pontiac Land Group and Goldman Sachs, located in Midtown Manhattan, New York City adjacent to The Museum of Modern Art. The building had been in development since 2006, and construction began in late 2014.

Contents

Map of 53W53, 53 W 53rd St, New York, NY 10019, USA

Update new york tower verre 53w53 320m 1050ft 82 fl january 2017


History

The building, designed by Jean Nouvel, initially was proposed to stand 1,250 feet (381 m) tall (the same height as the Empire State Building below its mast). The mid-block building had run into considerable opposition focusing on fears that it would cast a shadow over Central Park during the winter and that its mid-block location would create traffic problems. Financing had been a problem, until October 2013, when the Kwee brothers' Pontiac Land agreed to provide $200 million in equity, supported by an $860 million loan from a consortium of Asian banks.

The building bought air rights from the University Club of New York and St. Thomas Church. On September 9, 2009, the New York City Planning Commission said the building could be built if 200 feet (61 m) were clipped off the top. The City's decision not to approve Tower Verre as proposed was greeted with disappointment and derision by several prominent architecture critics. The 1,050-foot (320 m) version was approved by the City Council on October 28, 2009 in a 44-3 vote.

The building's skin would contain a faceted exterior that tapers to a set of crystalline peaks at the apex of the tower Due to this, the project is said to be one of the most exciting additions to New York's skyline in a generation. MoMA, which owned the building's 17,000-square-foot (1,600 m2) lot and completed a renovation in 2005, sold the lot to Hines for $125 million in 2007. In September 2014, the air rights were purchased from MOMA and the building became known as 53W53.

Construction

Pontiac Land Group and Goldman Sachs are the development partners for Hines on the building, and together they secured an $860 million construction loan from a consortium of Asian Banks led by United Overseas Bank Limited. The building is 82-story, 145-unit tower. In addition to the MOMA, the air rights were purchased from the St. Thomas Church for $71 million. The building's total floor area will be approximately 750,000 square feet (70,000 square meters), and condominiums in the building are designed by Thierry Despont. As of July 2016, construction management company Lend Lease had completed excavation and foundation work with superstructure concrete up to the 8th floor.

Usage

The building will be mixed-use, with gallery space, condominiums, and a private restaurant. There will be 145 residences, from one to five bedroom options. One bedroom residences will begin at $3 million and the top floor duplex penthouse is priced at over $70 million.

Amenities

Residents will be given special privileges at MoMA, including unlimited free admission to the museum, exhibition previews, discounts in MoMA stores, and access to film screenings. The building will also include a private formal dining room, priority access to an in-building restaurant, a library with a fireplace, a children's playroom, a wine tasting room and a lounge with Central Park views available for events. Services available for a fee will include a pantry stocking service, a housekeeping service, and pet walking.

References

53W53 Wikipedia


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