The Steinway Tower
   HOME

TheInfoList



OR:

111 West 57th Street, also known as Steinway Tower, is a
supertall A supertall building is an occupied "supertall" structure higher than and beneath . A form of skyscraper, it falls midway between a common minimum definition of "skyscraper" (a building taller ) and a " megatall" building (taller than ). Diff ...
residential skyscraper in the Midtown Manhattan neighborhood of
New York City New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the Un ...
. Developed by
JDS Development Group JDS Development is an American real-estate development group headquartered in Manhattan, New York, with an additional presence in Miami and South Florida. The firm was founded by Michael Stern, a native of Long Island. History The JDS Developme ...
and Property Markets Group, it is situated along Billionaires' Row on the north side of 57th Street near Sixth Avenue. The main portion of the building is an 84-story, tower designed by
SHoP Architects SHoP Architects is an architecture firm in Lower Manhattan, New York City, with projects located on five continents. Led by four principals, the firm provides services to residences, commercial buildings, schools and cultural institutions, as wel ...
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 Warren and Wetmore was an architecture firm in New York City which was a partnership between Whitney Warren (1864–1943) and Charles Delevan Wetmore (June 10, 1866 – May 8, 1941), that had one of the most extensive practices of its time and w ...
and completed in 1925, which originally carried the address 111 West 57th Street. 111 West 57th Street contains 60 luxury condominiums: 14 in Steinway Hall and 46 in the tower. The residential tower has a glass facade with piers made of
terracotta Terracotta, terra cotta, or terra-cotta (; ; ), in its material sense as an earthenware substrate, is a clay-based unglazed or glazed ceramic where the fired body is porous. In applied art, craft, construction, and architecture, terracotta ...
; its pinnacle contains setbacks on the southern side. The tower is the fourth-
tallest building in the United States The world's first skyscraper was built in Chicago in 1885. Since then, the United States has been home to some of the world's tallest skyscrapers. New York City, specifically the borough of Manhattan, notably has the tallest skyline in the cou ...
as of November 2022, as well as the thinnest skyscraper in the world with a width-to-height ratio of about 1:24. Steinway Hall, a
New York City designated landmark The New York City Landmarks Preservation Commission (LPC) is the New York City agency charged with administering the city's Landmarks Preservation Law. The LPC is responsible for protecting New York City's architecturally, historically, and cu ...
, contains 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 planned in 1916 but was not completed for 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 Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. ...
. Plans for a residential skyscraper on the site date to 2005, and JDS acquired the lots for the skyscraper between 2012 and 2013. Despite the tower's size, it was technically constructed as an addition to Steinway Hall. Construction on the tower began in 2014, and Steinway Hall was restored as part of the residential project. The development faced several challenges, including financing difficulties, lawsuits, and controversies over employment. The tower's concrete form
topped out In building construction, topping out (sometimes referred to as topping off) is a builders' rite traditionally held when the last beam (or its equivalent) is placed atop a structure during its construction. Nowadays, the ceremony is often parlaye ...
during April 2019, and work was completed in 2021.


Site

111 West 57th Street is in the Midtown Manhattan neighborhood of
New York City New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the Un ...
, just south of
Central Park Central Park is an urban park in New York City located between the Upper West and Upper East Sides of Manhattan. It is the fifth-largest park in the city, covering . It is the most visited urban park in the United States, with an estimated ...
, between Sixth Avenue to the east and Seventh Avenue to the west. 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 , with a frontage of on 57th and 58th Streets, and a depth of between the two streets. 111 West 57th Street occupies the same city block as the Calvary Baptist Church,
One57 One57, formerly known as Carnegie 57, is a 75-story, supertall skyscraper at 157 West 57th Street between Sixth and Seventh Avenues in the Midtown neighborhood of Manhattan in New York City. The building has 92 condominium units on top of ...
, and
Alwyn Court The Alwyn Court, also known as The Alwyn, is an apartment building at 180 West 58th Street, at the southeast corner with Seventh Avenue, in the Midtown Manhattan neighborhood of New York City. The Alwyn Court was built between 1907 and 1909 ...
to the west, and abuts
The Quin ''The'' () is a grammatical article in English, denoting persons or things already mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the ...
immediately to the east. 111 West 57th Street is also near Carnegie Hall,
Carnegie Hall Tower Carnegie Hall Tower is a skyscraper at 152 West 57th Street in the Midtown Manhattan neighborhood of New York City. Completed in 1990 and designed by César Pelli, the building measures tall with 60 stories. Due to the presence of Carnegie H ...
, and Metropolitan Tower one block west;
Parker New York The Thompson Central Park New York is a 587-room hotel located at 56th Street in Midtown Manhattan, New York City. Located near Central Park, the 42-story hotel building houses restaurants, a gym, and other retailers. History The hotel opene ...
,
130 West 57th Street 130 West 57th Street is an office building on 57th Street between Sixth Avenue and Seventh Avenue in Midtown Manhattan in New York City. It was built from 1907 to 1908 and designed by Pollard and Steinam, who also simultaneously designed the ...
, and
140 West 57th Street 140 West 57th Street, also known as The Beaufort, is an office building on 57th Street between Sixth Avenue and Seventh Avenue in Midtown Manhattan in New York City. It was built from 1907 to 1909 and designed by Pollard and Steinam, who al ...
across 57th Street to the south; and
Hampshire House Hampshire House is an apartment building and hotel located at 150 Central Park South in Manhattan, New York City, on the southern edge of Central Park between Sixth and Seventh Avenues. It contains 155 apartments on 36 floors. History Origi ...
and Trump Parc across 58th Street to the north. The building stands across from the 57th Street station of the New York City Subway's . 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 432 Park Avenue is a residential skyscraper at 57th Street and Park Avenue in Midtown Manhattan in New York City, overlooking Central Park. The tower was developed by CIM Group and Harry B. Macklowe and designed by Rafael Viñoly. A part o ...
four blocks southeast, 220 Central Park South one block northwest,
Central Park Tower Central Park Tower is a residential supertall skyscraper at 225 West 57th Street in the Midtown Manhattan neighborhood of New York City, along Billionaires' Row. Designed by Adrian Smith + Gordon Gill Architecture, the building rises with ...
one block west, and the nearby One57. 111 West 57th Street's base contains
Steinway Hall Steinway Hall (German: ) is the name of buildings housing concert halls, showrooms and sales departments for Steinway & Sons pianos. The first Steinway Hall was opened in 1866 in New York City. Today, Steinway Halls and are located in cities such ...
, a former store and recital hall for Steinway & Sons. Steinway Hall was completed in 1925 by
Warren & Wetmore Warren and Wetmore was an architecture firm in New York City which was a partnership between Whitney Warren (1864–1943) and Charles Delevan Wetmore (June 10, 1866 – May 8, 1941), that had one of the most extensive practices of its time and w ...
and is a
New York City designated landmark The New York City Landmarks Preservation Commission (LPC) is the New York City agency charged with administering the city's Landmarks Preservation Law. The LPC is responsible for protecting New York City's architecturally, historically, and cu ...
. Steinway Hall was part of an artistic hub developed around the two blocks of West 57th Street from Sixth Avenue west to
Broadway Broadway may refer to: Theatre * Broadway Theatre (disambiguation) * Broadway theatre, theatrical productions in professional theatres near Broadway, Manhattan, New York City, U.S. ** Broadway (Manhattan), the street **Broadway Theatre (53rd Stree ...
during the late 19th and early 20th centuries, following the opening of Carnegie Hall in 1891. The area contains several buildings constructed as residences for artists and musicians, such as 130 and 140 West 57th Street, the
Rodin Studios The Rodin Studios, also known as 200 West 57th Street, is an office building at Seventh Avenue and 57th Street in Midtown Manhattan in New York City. It was designed by Cass Gilbert in the French Gothic style and built from 1916 to 1917. Na ...
, and the
Osborne Apartments The Osborne, also known as the Osborne Apartments or 205 West 57th Street, is an apartment building at Seventh Avenue and 57th Street in Midtown Manhattan in New York City. The Osborne was originally designed by James Edward Ware and constr ...
. In addition, the area contained the headquarters of organizations such as the
American Fine Arts Society The Art Students League of New York Building (also the American Fine Arts Society and 215 West 57th Street) is a building on 57th Street in Midtown Manhattan in New York City. The structure, designed by Henry Janeway Hardenbergh in the Frenc ...
, the
Lotos Club The Lotos Club was founded in 1870 as a gentlemen's club in New York City; it has since also admitted women as members. Its founders were primarily a young group of writers and critics. Mark Twain, an early member, called it the "Ace of Clubs". ...
, and the
American Society of Civil Engineers American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, pe ...
.


Architecture

111 West 57th Street, also known as Steinway Tower, was developed by Michael Stern's
JDS Development Group JDS Development is an American real-estate development group headquartered in Manhattan, New York, with an additional presence in Miami and South Florida. The firm was founded by Michael Stern, a native of Long Island. History The JDS Developme ...
and Kevin P. Maloney's Property Markets Group (PMG).
WSP USA WSP USA, formerly WSP, Parsons Brinckerhoff and Parsons Brinckerhoff, is a multinational engineering and design firm with approximately 14,000 employees. WSP stands for Williams Sale Partnership. The firm operates in the fields of strategic con ...
was the structural engineer for the project, while
Jaros, Baum & Bolles Jaros, Baum & Bolles (JB&B) is an American MEP (Mechanical, electrical, and plumbing) and consulting engineering firm founded in 1915 by Alfred L. Jaros, Jr. and Albert L. Baum. The firm is best known for high-rise projects, including One World Trad ...
was the engineer in charge of mechanical, electrical, and plumbing. The building has two components. Warren and Wetmore's original Steinway Hall, at the base of the development, is topped by a tower designed by
SHoP Architects SHoP Architects is an architecture firm in Lower Manhattan, New York City, with projects located on five continents. Led by four principals, the firm provides services to residences, commercial buildings, schools and cultural institutions, as wel ...
. According to documents filed by SHoP Architects principal Gregg Pasquarelli, the roof slab of the tower is above ground level while the pinnacle is above ground. The building contains 84 stories above ground level or 85 including the roof slab. The top story is numbered as floor 91, while floor numbers 5–7, 13, and 21–25 are skipped. The tallest habitable story of the tower is above ground level. There is also a sub-cellar and cellar, used primarily for utilities and storage.


Form

The 16-story, "L"-shaped Steinway Hall fills most of the base, with frontages of along 57th Street and on 58th Street. 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 19) 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 The Mausoleum at Halicarnassus or Tomb of Mausolus ( grc, Μαυσωλεῖον τῆς Ἁλικαρνασσοῦ; tr, Halikarnas Mozolesi) was a tomb built between 353 and 350 BC in Halicarnassus (present Bodrum, Turkey) for Mausolus, an ...
.
Christopher Gray Christopher Stewart Gray (April 24, 1950 – March 10, 2017) was an American journalist and architectural historian,Schneider, Daniel B (August 27, 2000)"F.Y.I. Hell's Kitchen in the Raw" ''The New York Times''. March 4, 2010. noted for his week ...
of ''
The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid d ...
'' described the campanile as having a "sculptural, even funerary, caste". The residential tower atop Steinway Hall is one of the
tallest buildings in the United States The world's first skyscraper was built in Chicago in 1885. Since then, the United States has been home to some of the world's tallest skyscrapers. New York City, specifically the borough of Manhattan, notably has the tallest skyline in the cou ...
, as well as the thinnest skyscraper in the world with a width-to-height ratio of about 1:24. 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". 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. The pinnacle's lighting pattern was commissioned by L'Observatoire International. Because of the shape of the tower's pinnacle, 111 West 57th Street is nicknamed "Stairway to Heaven".


Facade


Steinway Hall

On the first three stories of Steinway Hall's southern
elevation The elevation of a geographic location is its height above or below a fixed reference point, most commonly a reference geoid, a mathematical model of the Earth's sea level as an equipotential gravitational surface (see Geodetic datum § Ver ...
, facing 57th Street, the facade is made of
Indiana Limestone Indiana limestone — also known as Bedford limestone in the building trade — has long been an economically important building material, particularly for monumental public structures. Indiana limestone is a more common term for Salem Limestone, ...
above a pink-granite
water table The water table is the upper surface of the zone of saturation. The zone of saturation is where the pores and fractures of the ground are saturated with water. It can also be simply explained as the depth below which the ground is saturated. T ...
. Two rectangular portals flank a large central arch there. The outer portals contain wooden pocket doors, 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. The lunette has a cement sculptural group by
Leo Lentelli Leo Lentelli (20 October 1879 – 31 December 1961) was an Italian sculptor who immigrated to the United States. During his 52 years in the United States he created works throughout the country, notably in New York and San Francisco. He also taugh ...
, which contains a bas-relief of
Apollo Apollo, grc, Ἀπόλλωνος, Apóllōnos, label=genitive , ; , grc-dor, Ἀπέλλων, Apéllōn, ; grc, Ἀπείλων, Apeílōn, label= Arcadocypriot Greek, ; grc-aeo, Ἄπλουν, Áploun, la, Apollō, la, Apollinis, label ...
. Above the third story is a frieze with portraits of classical composers and pianists, as well as a central plaque with the name "Steinway". The northern elevation on 58th Street is clad with brick, limestone, and
terracotta Terracotta, terra cotta, or terra-cotta (; ; ), in its material sense as an earthenware substrate, is a clay-based unglazed or glazed ceramic where the fired body is porous. In applied art, craft, construction, and architecture, terracotta ...
. The lowest two floors contain rusticated limestone blocks; the first floor has loading docks on either end. 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
colonnade In classical architecture, a colonnade is a long sequence of columns joined by their entablature, often free-standing, or part of a building. Paired or multiple pairs of columns are normally employed in a colonnade which can be straight or cur ...
s, 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.


Tower

The tower's facade was designed by BuroHappold. The portion of the tower's base at ground level, which is not occupied by Steinway Hall, contains doors with aluminum or bronze frames. 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
mullion A mullion is a vertical element that forms a division between units of a window or screen, or is used decoratively. It is also often used as a division between double doors. When dividing adjacent window units its primary purpose is a rigid supp ...
s between the windows, which project slightly from the glass curtain wall. 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. There are glass parapets above each setback, and the roof terraces also contain guard rails made of aluminum, bronze, or steel. The eastern and western elevations contain narrow windows between vertical piers of glazed
terracotta Terracotta, terra cotta, or terra-cotta (; ; ), in its material sense as an earthenware substrate, is a clay-based unglazed or glazed ceramic where the fired body is porous. In applied art, craft, construction, and architecture, terracotta ...
. Six tones of white were used for the terracotta. The terracotta piers are made of extruded and glazed blocks arranged in a wave-like pattern. The 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 serve partially to stabilize the tower by creating wind turbulence.


Structural features

The existing Steinway Hall contains a structural steel frame atop a
foundation Foundation may refer to: * Foundation (nonprofit), a type of charitable organization ** Foundation (United States law), a type of charitable organization in the U.S. ** Private foundation, a charitable organization that, while serving a good cause ...
with reinforced concrete and steel grillages. The foundations of the tower contain about 200 rock anchors that descend at most 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. The superstructure of 111 West 57th Street's tower is made mostly of concrete. The core structural system is formed by two large
shear wall In structural engineering, a shear wall is a vertical element of a system that is designed to resist in- plane lateral forces, typically wind and seismic loads. In many jurisdictions, the International Building Code and International Residential Co ...
s installed behind the eastern and western facades, maximizing usable floor area. The two shear walls range in thickness from on the lower stories to on the upper stories, and are recessed on upper floors to accommodate corner windows. The tower's floor plates are high-strength concrete slabs with a compressive strength of . They are reinforced with of rebar and welded plates. The floors are also supported by additional beams at three-story intervals, as well as four outrigger walls on the mechanical floors and beams on the southern side of each floor. Interior walls above the floor slabs also connect the shear walls. The top of the tower includes an
tuned mass damper A tuned mass damper (TMD), also known as a harmonic absorber or seismic damper, is a device mounted in structures to reduce mechanical vibrations, consisting of a mass mounted on one or more damped springs. Its oscillation frequency is tuned ...
to provide stability against high winds or
earthquake An earthquake (also known as a quake, tremor or temblor) is the shaking of the surface of the Earth resulting from a sudden release of energy in the Earth's lithosphere that creates seismic waves. Earthquakes can range in intensity, fr ...
s. The damper consists of tuned steel plates.


Interior

111 West 57th Street's interior spaces were designed by Studio Sofield, though the interior of the original Steinway Hall was planned by Walter L. Hopkins. There are 60 apartments in total: 46 in the tower and 14 in Steinway Hall. According to the New York City Department of City Planning, the building has a
gross floor area In architecture, construction, and real estate, floor area, floor space, or floorspace is the area (measured as square feet or square metres) taken up by a building or part of it. The ways of defining "floor area" depend on what factors of the buil ...
of . The building has of amenity space across several floors. Spanning the cellar and floors 1, 3, and 4 is a "non-residential unit", which contains of commercial space. Several stories in the tower and base contain mechanical equipment. Additionally, floors 51, 71, and 86 contain
windbreak A windbreak (shelterbelt) is a planting usually made up of one or more rows of trees or shrubs planted in such a manner as to provide shelter from the wind and to protect soil from erosion. They are commonly planted in hedgerows around the edges ...
s and are not occupied. 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. Steinway Hall had initially contained six elevators, one of which was upgraded as part of the residential project.


Ground floor

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. The original elevator lobby had Botticino marble walls and black-and-white terrazzo flooring. A stone
porte-cochère A porte-cochère (; , late 17th century, literally 'coach gateway'; plural: porte-cochères, portes-cochères) is a doorway to a building or courtyard, "often very grand," through which vehicles can enter from the street or a covered porch-like ...
for residents is on 58th Street. There is a passenger and freight elevator connecting the cellar and ground-level loading dock. Steinway Hall's octagonal rotunda features a domed ceiling reaching and measuring across. The sides of the rotunda consist of four white marble arches, green marble
pilaster In classical architecture, a pilaster is an architectural element used to give the appearance of a supporting column and to articulate an extent of wall, with only an ornamental function. It consists of a flat surface raised from the main wal ...
s with coffered
pendentive In architecture, a pendentive is a constructional device permitting the placing of a circular dome over a square room or of an elliptical dome over a rectangular room. The pendentives, which are triangular segments of a sphere, taper to point ...
s, and a continuous marble cornice just below the dome. A large chandelier hangs from the dome. Four paintings by
Paul Arndt Paul Julius Arndt (14 October 1865 – 17 July 1937) was a German classical archaeologist born in Dresden. He studied classical art under Johannes Overbeck (1826-1895) at the University of Leipzig, and classical archeology with Heinrich Brunn ( ...
, depicting "the influence of music on human relations", are hung on the wall. The paintings are surrounded by
grotesque Since at least the 18th century (in French and German as well as English), grotesque has come to be used as a general adjective for the strange, mysterious, magnificent, fantastic, hideous, ugly, incongruous, unpleasant, or disgusting, and thus ...
s 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 sat 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. 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. 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. Following the construction of the residential tower, the rotunda was converted to a retail space with entrances from the residential lobby and the street. The residential lobby contains gold and silver-leaf murals with ebony and elephant motifs, a reference to the materials used in pianos. Also in the lobby is a mailroom, concierge area, shared toilet, and lounge. The elevator lobby contains custom bronze doors by Nancy Lorenz.


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 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 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. 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. There is an indoor pool with a limestone deck and cabanas, as well as sauna, steam, and treatment rooms adjacent to the pool. Floors 10 and 10M also contain a private dining room, fitness center, and study. 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 , 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 . 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. 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 ceilings. These units are all connected to ground level and floor 10 by a pair of elevators.


Tower units

The 46 condominiums in the building's tower range from . The apartments start above the 17th story, numbered as floor 20, because the views of Central Park from the lower floors are obstructed by neighboring buildings. The units are mostly three-bedroom apartments each occupying one full floor, except for seven duplex units on floors 60–61 and 72–83, which each have between two and four bedrooms. Many of the stories are open in plan and have ceilings. , prices ranged from $16 million for a studio apartment to over $66 million for the triplex penthouse. P. E. Guerin Hardware designed bronze doorknobs on the living-room doors, which are shaped like the tower itself. The kitchens typically have quartzite counters as well as built-in appliances such as dishwashers, ovens, refrigerators, and freezers. The units also contain dark wood and
onyx Onyx primarily refers to the parallel banded variety of chalcedony, a silicate mineral. Agate and onyx are both varieties of layered chalcedony that differ only in the form of the bands: agate has curved bands and onyx has parallel bands. The ...
floors, an acknowledgment of the design of Steinway Hall. 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. Some tower units have been customized, such as a unit on floor 34, designed by Kelly Behun with a musically-influenced theme. A pair of elevators connect each of the tower stories to the ground level and floor 10. One is a
double-deck elevator A double-deck elevator or double-deck lift is an elevator where one cab is stacked on top of another. This allows passengers on two consecutive floors to be able to use the elevator simultaneously, significantly increasing the passenger capaci ...
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 have private elevators 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.


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. William K. Benedict and Marvin & Davis designed a 10-story building for the site. Work was delayed because the
1916 Zoning Resolution The 1916 Zoning Resolution in New York City was the first citywide zoning code in the United States. The zoning resolution reflected both borough and local interests, and was proposed after the Equitable Building was erected in Lower Manhatta ...
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 Warren and Wetmore was an architecture firm in New York City which was a partnership between Whitney Warren (1864–1943) and Charles Delevan Wetmore (June 10, 1866 – May 8, 1941), that had one of the most extensive practices of its time and w ...
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. The hall at 111 West 57th Street officially opened on October 27, 1925, with a performance by
Willem Mengelberg Joseph Wilhelm Mengelberg (28 March 1871 – 21 March 1951) was a Dutch conductor, famous for his performances of Beethoven, Brahms, Mahler and Strauss with the Concertgebouw Orchestra in Amsterdam. He is widely regarded as one of the greatest s ...
and 35 musicians from the New York Philharmonic, broadcast over radio. The building had cost $3 million, representing about a quarter of Steinway & Sons' total assets at the time. 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. 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

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. Among the notable performances at the 57th Street building was the 1928 duo piano recital by
Vladimir Horowitz Vladimir Samoylovich Horowitz; yi, וולאַדימיר סאַמוילאָוויטש האָראָוויץ, group=n (November 5, 1989)Schonberg, 1992 was a Russian-born American classical pianist. Considered one of the greatest pianists of al ...
and Sergei Rachmaninoff. The 57th Street building was also intended as a
speculative development Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. ...
for Steinway & Sons; it was not particularly successful in that respect, with a
rate of return In finance, return is a profit on an investment. It comprises any change in value of the investment, and/or cash flows (or securities, or other investments) which the investor receives from that investment, such as interest payments, coupons, cas ...
of only 2 percent. Even so, by 1940, all studios in the Steinway Building had been leased. Throughout the years, the building's tenants also included publications such as ''
Musical America ''Musical America'' is the oldest American magazine on classical music, first appearing in 1898 in print and in 1999 online, at musicalamerica.com. It is published by Performing Arts Resources, LLC, of East Windsor, New Jersey. History 1898–19 ...
'', ''
Architectural Forum ''Architectural Forum'' was an American magazine that covered the homebuilding industry and architecture. Started in Boston, Massachusetts, in 1892 as ''The Brickbuilder'', it absorbed the magazine ''Architect's World'' in October 1938. Ownership ...
'', and ''
The Economist ''The Economist'' is a British weekly newspaper printed in demitab format and published digitally. It focuses on current affairs, international business, politics, technology, and culture. Based in London, the newspaper is owned by The Eco ...
'', as well as
CBS CBS Broadcasting Inc., commonly shortened to CBS, the abbreviation of its former legal name Columbia Broadcasting System, is an American commercial broadcast television and radio network serving as the flagship property of the CBS Entertainm ...
broadcasting studios. Steinway Hall received an $850,000 first mortgage from Hubbard, Westervelt & Mottelay Inc. in 1939. The onset of World War II forced the closure of the building's recital hall. In March 1957, the
Manhattan Life Insurance Company ManhattanLife began as The Manhattan Life Insurance Company, a life insurance company domiciled in New York. It operates as a subsidiary of Manhattan Life Group in Houston, Texas. ManhattanLife is the brand name for plans, products, and services ...
leased some space on the third floor for its tabulating and accounting departments. 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. At that time, ''Musical Forum'',
Columbia Artists Management Columbia Artists Management (CAMI) was an international talent management agency. On August 29, 2020, the agency announced plans to shut down amid a disturbance in business caused by the " prolonged pandemic environment". History Based in New Yor ...
, and the Philharmonic Symphony Society of New York were among Steinway Hall's tenants. 111 West 57th Street was thus renamed the Manhattan Life Insurance Company Building. Steinway & Sons continued to lease space there, including the ground-floor showroom. Steinway Hall was acquired by 111 West 57th Street Associates in 1980.
Bernard H. Mendik Bernard Hyman Mendik (May 29, 1929May 28, 2001) was an American real estate developer, founder of the Mendik Company, and chairman of the Real Estate Board of New York. Biography Mendik was born to a Scottish Jews, Jewish family in Glasgow, Sco ...
had acquired the leasehold for $8.65 million in that transaction. In 1990, the Apollo sculpture above the main entrance was restored, and the plaque above the entrance was replaced, after ''The Economist'' became a tenant at 111 West 57th Street. In 1997, Jeffrey Biegel performed the first classical music recital transmitted live over the internet, with audio and video, at Steinway Hall. Steinway bought back the building in May 1999 for approximately $62 million; the firm leased the land for 99 years from the building's former owner, who chose to retain ownership of the land. The
New York City Landmarks Preservation Commission The New York City Landmarks Preservation Commission (LPC) is the New York City agency charged with administering the city's Landmarks Preservation Law. The LPC is responsible for protecting New York City's architecturally, historically, and cu ...
(LPC) designated Steinway Hall as a New York City landmark in November 2001. Manhattan Life moved out of the building that year, and an
XM Satellite Radio XM Satellite Radio (XM) was one of the three satellite radio ( SDARS) and online radio services in the United States and Canada, operated by Sirius XM Holdings. It provided pay-for-service radio, analogous to subscription cable television. Its se ...
studio opened there.


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, adjacent to Steinway Hall, for $23 million, along with $8.75 million for neighboring
air rights Air rights are the property interest in the "space" above the earth's surface. Generally speaking, owning, or renting, land or a building includes the right to use and build in the space above the land without interference by others. This lega ...
. According to '' The Real Deal'', the sale was finalized in 2006 for $52 million. 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. In October 2006,
Barry Sternlicht Barry Stuart Sternlicht (born November 27, 1960) is an American billionaire and the co-founder (with Bob Faith), chairman, and CEO of Starwood Capital Group, an investment fund with over $60 billion in assets under management. He is also chairma ...
's Starwood Capital Group purchased the site at 105–107 West 57th Street for $52 million with a $30 million loan from
Eurohypo Hypothekenbank Frankfurt AG, previously Eurohypo AG, was wound down in 2016. Its portfolios were transferred to Commerzbank AG. The banking and pfandbrief licenses were returned and Hypothekenbank Frankfurt AG was transformed into a service compa ...
. Demolition of the site was underway the same year. Before the
financial crisis of 2007–2008 Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fi ...
, Starwood Capital reportedly planned to construct a new hotel tower for sister company
Starwood Starwood Hotels and Resorts Worldwide, Inc. was one of the largest companies that owned, operated, franchised and managed hotels, resorts, spas, residences, and vacation ownership properties. It was acquired by Marriott International in 2016. ...
as part of a new "Hotel Crillon" luxury brand based on Paris's
Hôtel de Crillon Hôtel de Crillon, A Rosewood Hotel () is a historic luxury hotel in Paris which opened in 1909 in a building dating to 1758. Located at the foot of the Champs-Élysées, the Crillon, along with the Hôtel de la Marine, is one of two identical s ...
. 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 A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and economic risk, risks, and shared governance. Companies typically pursue joint ventures for one of four rea ...
partner. That March, the first plans for the site at 105–107 West 57th Street were filed with the
New York City Department of Buildings The New York City Department of Buildings (DOB) is the department of the New York City government that enforces the city's building codes and zoning regulations, issues building permits, licenses, registers and disciplines certain construction ...
for a 51-story tower rising and containing 27 condominiums. Renderings of the planned development were revealed that September, showing a sloping tower by
CetraRuddy CetraRuddy Architecture is a New York City-based architecture and interior design firm with projects in New York City, the United States, Europe, and the Middle East. It provides architectural and interior design services for residences, hotels, ...
, covered with balconies facing Central Park. At the time, construction was expected to take place from early 2013 to late 2014.


JDS and PMG control

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. At the time, Steinway & Sons was losing $5 million a year from continuing to own Steinway Hall. In March 2013, a
joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and economic risk, risks, and shared governance. Companies typically pursue joint ventures for one of four rea ...
of JDS Development, PMG, and
Arthur P. Becker Arthur P. Becker (born 1949/1950) is an American investor and real estate developer. He is best known as the former CEO of NaviSite and Zinio. Becker was married to Vera Wang for 23 years and was an advisor on growing her business into a global b ...
officially purchased Steinway Hall. Becker allegedly purchased his stake with the help of a $21 million loan from Russian oligarchs Serguei Adoniev and
Albert Avdolyan Albert Alikovich Avdolyan (born November 8, 1970) is a Russian investor, businessman and philanthropist. Founder of Yota company, which became the first LTE operator in Russia. Core assets: A-Property CompanyELSIoffshore LLCs in the
British Virgin Islands ) , anthem = "God Save the King" , song_type = Territorial song , song = " Oh, Beautiful Virgin Islands" , image_map = File:British Virgin Islands on the globe (Americas centered).svg , map_caption = , mapsize = 290px , image_map2 = Bri ...
and
Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta i ...
orchestrated by British financier
Andy Ruhan Andrew Joseph Ruhan (born September 1962) is a British businessman and motor racing driver. Andrew Ruhan became successful during his 22 years of experience as business leader in the Data Centre industry globally (with total of 30 years of proper ...
. JDS paid $131.5 million to Wexford Capital for the land underneath the building, an adjacent structure, and
air rights Air rights are the property interest in the "space" above the earth's surface. Generally speaking, owning, or renting, land or a building includes the right to use and build in the space above the land without interference by others. This lega ...
in July 2013. After the purchase, Starwood Capital Group exited their investment, leaving JDS and PMG as the developers. While the original assemblage allowed the developers to build a structure up to tall, the acquisition of Steinway Hall and air rights allowed JDS and PMG to develop a building twice as high. However, because of Steinway Hall's existing city landmark status, the LPC could approve or deny any plans involving modification of Steinway Hall, and any additions would need to be constructed around the existing structure. Steinway & Sons was allowed to remain in the building for 18 months after the sale. The developers either bought out the other eleven tenants' leases or waited for the leases to expire. Not long after the developers bought Steinway Hall, they secured a $230 million acquisition loan from
Annaly Capital Management Annaly Capital Management, Inc. is one of the largest mortgage real estate investment trusts. It is organized in Maryland with its principal office in New York City. The company borrows money, primarily via short term repurchase agreements, and ...
on the development site. Stern and Maloney did not yet have the cash to fund the tower's construction. Although Ruhan had promised to be a primary investor, he subsequently lowered his investment and took a 26.3 percent stake with his partner
Arthur P. Becker Arthur P. Becker (born 1949/1950) is an American investor and real estate developer. He is best known as the former CEO of NaviSite and Zinio. Becker was married to Vera Wang for 23 years and was an advisor on growing her business into a global b ...
. Accordingly, AmBase Corporation purchased a 59 percent stake in the development for $56 million in June 2013. Stern and Maloney retained the remaining 14.7 percent stake. With the acquisition of Steinway Hall, the developers decided to create new plans. The developers 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. In August 2013, the developers filed permits for a 74-story, tower that would hold 100 condominiums above six floors of retail. SHoP's plans incorporated the existing structure into the base of the new tower. 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. JDS and PMG expressed support for the landmark status, and the LPC designated the rotunda as a landmark that September. The same month, ''
The Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...
'' published updated renderings for the tower. The new design would stretch tall with 45 full-floor apartments, giving the tower a slenderness ratio of 1:23. JDS and Property Markets Group presented their plans to the LPC in October 2013, and the commission approved the plans, paving the way for full construction permits.


Tower construction

The developers broke ground on the project in early 2014. That July, the developers installed the tallest freestanding crane in New York City history, measuring , to construct the residential tower. In January 2015, the
New York City Department of Buildings The New York City Department of Buildings (DOB) is the department of the New York City government that enforces the city's building codes and zoning regulations, issues building permits, licenses, registers and disciplines certain construction ...
approved final permits for the project. The new permits called for the tower to rise 80 stories, with a roof and a crown bringing its pinnacle to . At the time, the tower was to contain 55 luxury condominiums and would be finished in 2017. Due to technicalities in New York City zoning law, the new tower was classified as an alteration of 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. The tower's proposed height was slightly increased in March 2015 to .


Financial issues

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 . To cover the extra costs, the developers had issued six
capital call A capital call (also known as a draw down or a capital commitment) is a legal right of an investment firm or an insurance firm to demand a portion of the money promised to it by an investor. A capital call fund would be the money that had been com ...
s totaling $63.6 million. AmBase participated in only the first four calls, and each time, provided a small portion of the funding that JDS and PMG requested. AmBase's stake was subsequently reduced from 60.3 percent to 43.5 percent, and by May 2015, AmBase was looking to reduce its involvement in 111 West 57th Street. The next month, the developers received a four-year, $725 million construction loan, split between a $400 million senior loan from
American International Group American International Group, Inc. (AIG) is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. , AIG companies employed 49,600 people.https://www.aig.com/content/dam/aig/amer ...
and a $325 million mezzanine loan from Apollo Global Management. The
Qatar Investment Authority The Qatar Investment Authority (QIA; ar, جهاز قطر للإستثمار) is Qatar's sovereign wealth fund. The QIA was founded by the State of Qatar in 2005 to strengthen the country's economy by diversifying into new asset classes. In 202 ...
provided $161.5 million of the mezzanine loan through investment vehicles managed by Apollo. In March 2016, Maloney told
Bloomberg News Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Tele ...
that sales at the building would not commence until the following year. This was attributed to a general slowdown in the luxury residential market. By June 2016, the project had risen above street level. The project still encountered financial difficulty and faced a lawsuit from AmBase. In January 2017, the developers had defaulted on the $325 million mezzanine loan from Apollo. However, they negotiated a
forbearance Forbearance, in the context of a mortgage process, is a special agreement between the lender and the borrower to delay a foreclosure. The literal meaning of forbearance is "holding back". This is also referred to as mortgage moratorium. Applica ...
agreement on $300 million of the debt and the remaining $25 million was sold to Spruce Capital Management. The developers were in the process of negotiating another $100 million mezzanine loan from
Baupost Group The Baupost Group is a hedge fund founded in 1982 by Harvard adjunct professor William Poorvu and partners Howard Stevenson, Jordan Baruch and Isaac Auerbach. Seth Klarman, who was asked by Poorvu to help run the fund, remains at its head tod ...
to repay Spruce but the loan was vetoed by AmBase. Meanwhile, the landmark facade of Steinway Hall was restored in early 2017. 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. The next month, the New York Supreme Court ruled that Spruce Capital could proceed with foreclosure. This allowed the lender to transfer the development entirely to Maloney and Stern, wiping out AmBase's investment completely. By November 2017, the tower had reached a height of roughly , and initial glass facade installation had begun. Despite the building's monetary and legal issues, a number of apartments in the tower had already gone to contract. In March 2018, the tower's height surpassed the halfway point at over . Two months later, Madison Realty Capital provided a $90 million
preferred equity Preferred stock (also called preferred shares, preference shares, or simply preferreds) is a component of share capital that may have any combination of features not possessed by common stock, including properties of both an equity and a debt ins ...
investment in the tower, allowing construction to continue. The developers filed paperwork with the Attorney General of New York to raise prices at the project in August 2018. Sales at the project officially relaunched the next month with prices ranging from $18 million to over $57 million. By then, the building was more commonly known by its address than as "Steinway Tower".


Completion

The building's concrete form topped out during April 2019, and the steel reached the top of the parapet that October. Despite an unfavorable luxury real estate market, the building's penthouse entered contract in mid-2019 for "close to" its
asking price Ask price, also called offer price, offer, asking price, or simply ask, is the price a seller states they will accept. The seller may qualify the stated asking price as firm or negotiable. Firm means the seller is implying that the price is fixed ...
of $58 million, making it one of the most expensive New York condo sales of 2019. In August 2019, the developers hired
Newmark Group Newmark Group Inc. is a commercial real estate advisory and services firm headquartered in New York City. It operates as ''Newmark'', and is listed on the NASDAQ Global Select Market under the symbol "NMRK". The company’s services include Capi ...
to find tenants for the building's of retail space on the building's first four floors and basement. One month later, JDS asked lenders for a $1.1 billion loan to replace AIG's $725 million in construction debt. 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. That April, the first sale for a unit in Steinway Hall was finalized. However, construction slowed considerably in early 2020 due to the COVID-19 pandemic in New York City. This caused the project to fall into danger of missing key construction deadlines and a corresponding decline in sales, and thus face the possibility of having to repay outstanding debt. 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, and a penthouse went into contract for $50 million that December. The facade of the tower was being completed by September 2020. The exterior hoist was being disassembled from the facade by March 2021, as the tower approached completion. In May 2021, Todd Morley said he would construct the world's largest
non-fungible token A non-fungible token (NFT) is a unique digital identifier that cannot be copied, substituted, or subdivided, that is recorded in a blockchain, and that is used to certify authenticity and ownership. The ownership of an NFT is recorded in the b ...
museum at 111 West 57th Street. According to Morley, his blockchain company Overline would use the top of the building as an antenna.
Corcoran Group Corcoran Group is an American real estate firm founded in 1973 by Barbara Corcoran. History Barbara Corcoran, a former diner waitress, founded her own real estate company in 1973 with a $1,000 loan. In 2001, Barbara Corcoran sold her company t ...
replaced Douglas Elliman as the building's brokerage in February 2022, and the podium was being completed by that March. By the next month, workers had installed the final elements of the facade, and the first condominium sales were being finalized. By May 2022, nearly half of the condominiums had been sold.


Legal controversies


AmBase lawsuits

AmBase filed a lawsuit 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. AmBase also claimed that Becker and Ruhan did not have their 26 percent stake diluted despite not participating in the capital calls. Since construction costs had allegedly risen by more than 10 percent, AmBase claimed their contract entitled them to full repayment of their $66 million investment along with 20 percent interest. 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. AmBase filed another lawsuit in mid-2017, claiming that Maloney and Stern were colluding with the lender to allow a foreclosure which would wipe out AmBase's $66 million equity investment while preserving Maloney and Stern's $35 million stake. The New York Supreme Court's trial division ruled in August 2017 that Maloney and Stern would receive full control of the project. AmBase lost its appeal to the Appellate Division in January 2018. 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 The Racketeer Influenced and Corrupt Organizations (RICO) Act is a United States federal law that provides for extended criminal penalties and a civil cause of action for acts performed as part of an ongoing criminal organization. RICO was en ...
and seeking a $136 million judgment. At the time, AmBase and founder Richard Bianco faced their 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. 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 A fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties (person or group of persons). Typically, a fiduciary prudently takes care of money or other assets for another person. One party, for examp ...
duties. AmBase then appealed to the
United States Court of Appeals for the Second Circuit The United States Court of Appeals for the Second Circuit (in case citations, 2d Cir.) is one of the thirteen United States Courts of Appeals. Its territory comprises the states of Connecticut, New York and Vermont. The court has appellate ju ...
, which declined the appeal in September 2019.


Other lawsuits

In June 2018,
Barbara Corcoran Barbara Ann Corcoran (born March 10, 1949) is an American businesswoman, investor, syndicated columnist, and television personality. She founded The Corcoran Group, a real estate brokerage in New York City, which she sold to NRT for $66 million ...
sued the building's developers for $30 million, claiming that her brokerage company's contract to market the building's units had been unfairly terminated. The developers claimed that the brokerage had been replaced with Douglas Elliman 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 Tortious interference, also known as intentional interference with contractual relations, in the common law of torts, occurs when one person intentionally damages someone else's contractual or business relationships with a third party, causing e ...
, 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, leading them to warn the contractor in November 2018. JDS also claimed that, due to improper installation of the HVAC system, ten stories sustained water damage during July 2019. 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 ).


Labor controversies

The developers intended for the tower to become New York City's tallest building constructed with non-
union Union commonly refers to: * Trade union, an organization of workers * Union (set theory), in mathematics, a fundamental operation on sets Union may also refer to: Arts and entertainment Music * Union (band), an American rock group ** ''Un ...
labor. Non-unionized workers could be paid at cheaper rates and did not have to be paid double overtime, hourly pension fees, and benefit fees. The decision was condemned by the Building and Construction Trades Council of Greater New York's leader, Gary LaBarbera, who in May 2015 criticized the developers for not using union labor or giving the workers 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 Gale Arnot Brewer (born September 6, 1951) is an American Democratic politician from the state of New York who has represented the 6th New York City Council District since January 2022, a position she previously held from 2002 to 2013. From Janu ...
sided with LaBarbera, sending Stern a letter expressing concern over the workers' safety, training, and pay.
New York City Public Advocate The office of New York City Public Advocate (President of the City Council) is a citywide elected position in New York City, which is first in line to succeed the mayor. The office serves as a direct link between the electorate and city government ...
Letitia James echoed Brewer's concerns and agreed that the usage of non-union labor could lead to increased danger for workers. Cyrus Vance Jr., then the
New York County District Attorney The New York County District Attorney, also known as the Manhattan District Attorney, is the elected district attorney for New York County (Manhattan), New York. The office is responsible for the prosecution of violations of New York state laws ...
, indicted subcontractor Parkside Construction in May 2018 for several financial crimes. 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 Workers' compensation or workers' comp is a form of insurance providing wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employee's right to sue his or her emp ...
premiums, and using
undocumented immigrants Illegal immigration is the migration of people into a country in violation of the immigration laws of that country or the continued residence without the legal right to live in that country. Illegal immigration tends to be financially upwar ...
from
Mexico Mexico (Spanish: México), officially the United Mexican States, is a country in the southern portion of North America. It is bordered to the north by the United States; to the south and west by the Pacific Ocean; to the southeast by Guatema ...
and
Ecuador Ecuador ( ; ; Quechua: ''Ikwayur''; Shuar: ''Ecuador'' or ''Ekuatur''), officially the Republic of Ecuador ( es, República del Ecuador, which literally translates as "Republic of the Equator"; Quechua: ''Ikwadur Ripuwlika''; Shuar: ' ...
. The company's owners, Francesco and Salvatore Pugliese, were arrested and charged with grand
larceny Larceny is a crime involving the unlawful taking or theft of the personal property of another person or business. It was an offence under the common law of England and became an offence in jurisdictions which incorporated the common law of Eng ...
, insurance fraud and scheme to defraud. The company's
construction foreman A construction foreman, construction forewoman, or construction foreperson is the worker or skilled tradesperson who is in charge of a construction crew. This role is generally assumed by a senior worker. Duties and functions Normally the forema ...
, its payroll manager, and an outside accountant were also charged in the scheme. Parkside had previously been sued in 2015 in a
class-action lawsuit A class action, also known as a class-action lawsuit, class suit, or representative action, is a type of lawsuit where one of the parties is a group of people who are represented collectively by a member or members of that group. The class actio ...
by former workers on the site, who had alleged widespread
wage theft Wage theft is the failing to pay wages or provide employee benefits owed to an employee by contract or law. It can be conducted by employers in various ways, among them failing to pay overtime; violating minimum-wage laws; the misclassificati ...
. 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 A discharge is a type of sentence imposed by a court whereby no punishment is imposed. An absolute discharge is an unconditional discharge whereby the court finds that a crime has technically been committed but that any punishment of the defend ...
. The brothers did not receive a prison sentence, nor were they forced to give restitution to their employees.


Safety incidents

On January 21, 2019, a suspended
scaffold Scaffolding, also called scaffold or staging, is a temporary structure used to support a work crew and materials to aid in the construction, maintenance and repair of buildings, bridges and all other man-made structures. Scaffolds are widely used ...
attached to the building broke free from the exterior of floor 55 and showered pieces of broken glass from cracked windows 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. A year later, in January 2020, a terracotta block fell from the tower, denting the roof of a passing taxi. Another high wind on October 29, 2020, knocked the tower's construction crane loose, causing debris to fall. While the crane was quickly secured and no one was injured, the surrounding neighborhood was closed off for several hours. Two weeks later, on November 15, a glass curtain wall fell 56 floors into a nearby street. On December 24, 2020, an pane of glass fell from the 58th Street side of the building, although nobody was hurt. 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. The Department of Buildings fined the building's owners after that incident.


Critical reception

Writing for ''Vanity Fair'', architectural critic
Paul Goldberger Paul Goldberger (born in 1950) is an American author, architecture critic and lecturer. He is known for his "Sky Line" column in ''The New Yorker''. Biography Shortly after starting as a reporter at ''The New York Times'' in 1972, he was assign ...
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.
Skyscraper Museum The Skyscraper Museum is an architecture museum located in Battery Park City, Manhattan, New York City and founded in 1996. As the name suggests, the museum focuses on high-rise buildings as "products of technology, objects of design, sites of c ...
founder Carol Willis was optimistic that several Billionaires' Row buildings would become
New York City designated landmark The New York City Landmarks Preservation Commission (LPC) is the New York City agency charged with administering the city's Landmarks Preservation Law. The LPC is responsible for protecting New York City's architecturally, historically, and cu ...
s 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." Bianca Bosker of ''
The Atlantic ''The Atlantic'' is an American magazine and multi-platform publisher. It features articles in the fields of politics, foreign affairs, business and the economy, culture and the arts, technology, and science. It was founded in 1857 in Boston, ...
'' 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 Justin Davidson (born in Rome, Italy, in 1966) is a classical music and architecture critic. In 1983, he graduated from the American Overseas School of Rome, where his mother was an English teacher. Davidson began his journalism career as a loc ...
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." The construction of 111 West 57th Street also garnered some 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. 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 The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Ni ...
'' described the new residential skyscraper as a "skinnyscraper" which was the "purest illustration of architecture as an expression of surplus capital", and lamented that its purpose, rather than being a bustling city unto itself that would unite people, which was the goal of 1920s-1930s skyscrapers, was the "exclusion of 99.99 per cent".


See also

*
List of New York City Designated Landmarks in Manhattan from 14th to 59th Streets A ''list'' is any set of items in a row. List or lists may also refer to: People * List (surname) Organizations * List College, an undergraduate division of the Jewish Theological Seminary of America * SC Germania List, German rugby unio ...
* List of tallest buildings ** in New York City ** in the United States **
in the world ''In the World'' is an album by jazz saxophonist Clifford Jordan which was recorded in 1969 and released on the Strata-East label in 1972. The album was rereleased on CD as part of ''The Complete Clifford Jordan Strata-East Sessions'' by Mosaic ...
** with a residential purpose


References


Notes


Citations


Sources

* * * * * *


External links

* {{DEFAULTSORT:111 West 57th Street 2021 establishments in New York City Condominiums and housing cooperatives in Manhattan Midtown Manhattan Pencil towers in New York City Residential buildings completed in 2021 Residential condominiums in New York City Residential skyscrapers in Manhattan Skyscrapers on 57th Street (Manhattan)