May 19, 2012

One57 Begins Marketing Homes

Two of my favorite things are about to come together.  Not chocolate and peanut butter… that’s been done.  The two things I’m talking about are New York City and Park Hyatt Hotels.  And here’s the best part – now you can live in the same building.  Extell Development has begun marketing 95 condominium homes located at One57, the 90-story tower located at 157 West 57th Street.  The building will house a Park Hyatt, so residents who purchase a home will have access to the hotel’s amenities.

That list of amenities is long, and includes a 24-hour doorman and concierge, screening and performance space, on-site parking, triple-height indoor swimming pool and custom Jacuzzi, library, catering kitchen, function room, arts and crafts  room, state-of-the-art fitness center, yoga studio and even a pet wash room.

Units will start at $6.375M and supposedly go north of $30M from there.  When finished, the 1000-foot building will take the city’s tallest residential tower moniker from New York by Gehry.  Combine that height with that location and you’ll see why the price of admission is so high… the views in all directions should be phenomenal.