Billionaire developer Sheldon Solow has filed preliminary plans to build a 52-floor skyscraper on “Billionaires’ Row.” Addressed at 10 West 57th Street, filings shows the mixed-use spire will be designed by Skidmore Owings & Merrill (SOM) and stand 672 feet tall to its highest occupied floor.
The octogenarian has spent years assembling the site which now holds a string of stately commercial buildings on 57th Street plus additional frontage on 56th Street. The assemblage is directly across from Solow’s namesake office tower, 9 West 57th Street, which was also designed by SOM.
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The permit shows the building will comprise of retail on floors 1-4, hotel rooms on floors 5-9, and 80 apartments (likely condos) from floors 11-50. SOM is no stranger to ultra-deluxe condos in Midtown, their similarly-scaled Baccarat Hotel & Residences was finished in 2016 and resale units have been selling above the $4,000 a foot mark.
If this latest tower rises from the eastern portion of the lot, most north-facing units will have direct views of Central Park. Next door to the site is the Crown Building which Russian billionaire Vladislav Doronin of Aman Resorts is converting into a super-luxury condo that may have already captured the biggest condo sale in NYC history. Across the street and adjacent to the Solow Building, Solow is building a 19-floor condo at 7 West 57th Street and the department store Bergdorf Goodman.
No word on when demolition will actually begin but the permit could indicate that Solow may have hashed out a deal with the several holdout tenants leasing space in the existing buildings. Notoriously patient and litigious, Solow has picked up the pace on his Turtle Bay South plan where the first tower, 685 First Avenue launched sales last month.
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