The developer responsible for the exceptionally glassy condo structure known as One57 is at it again. Extell Development is constructing a 52-story tower at 555 Tenth Avenue and 41st Street. Renderings for the project reveal how the glassy structure will loom among its more modestly stacked brick-faced neighbors.
The tower sits snuggly next to early twentieth century neo-Gothic marvel St. Raphael's Church, from whom Extell purchased 140,000 square feet in air rights for $16.46 million back in July 2012. And in August 2011, Extell Development took on a 99-year lease for the new structure with the estate of Sol Goldman.
The new development is one of many mega-projects that are welcomed additions to a rapidly developing West Side of Manhattan. The 555 Tenth Avenue tower is slated to bring 600 new rental apartments to the area; 120 of the units are designated for low-income residents. Extell adheres to a community facility component by including a 300-bed student dormitory exclusively on floors two through seven. Renters and students will enter through separate entrances.
The renters will solely enjoy the tower's many amenities, which include a game room, kid's lounge, bowling alley, lap pool on the ninth floor, yoga studio, outdoor lounge space and workout area, dog run, rooftop pool, dog-washing area in the basement, indoor/outdoor fireplace, club room, and dining area. Architects SLCE designed the project, which will be complete in 18 to 24 months.
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