After a three-year suspension, sales finally launched yesterday for 111 West 57th Street — the world’s third tallest residential building.
And while not officially confirmed, prices are expected to start at $18 million and go up to $57 million.
Developed by JDS Development Group, Property Markets Group and Spruce Capital Partners, 111 West 57th Street incorporates the landmarked Steinway Hall and a newly integrated tower. Initially, developers held off on launching until the building climbed to 800 of its 1,400-feet, according to an article in Curbed.
The Steinway Hall portion will house a total of 14 units topped by an 8,800-square-foot penthouse that is projected to sell for $20.5 million. And the new tower section will include 46 full-floor and duplex units. Residences range in size from 3,873 square feet to 7,128 square feet.
Nearly a dozen new renderings were revealed on the official site, including the building’s covered carport and entryway.
The fresh renderings give buyers a taste of what the modern residences look like. Units boast tall ceiling heights, floor-to-ceiling windows and spacious open floorplans.
111 West 57th Street includes an indoor lap pool, valet parking, private storage and a common terrace.
Still under construction, 111 West 57th Street is expected to be completed in 2020.
Douglas Elliman is the exclusive sales agent for the property.