View of One57 (May 2014)
|Type||residential condominiums & hotel|
|Location||157 West 57th Street
Manhattan, New York City
|Construction started||April 2009|
|Roof||1,005 ft (306 m)|
|Design and construction|
|Architect||Christian de Portzamparc|
|Developer||Extell Development Company|
|Structural engineer||WSP Group|
One57, formerly known as Carnegie 57, (nicknamed "The Billionaire Building") is a 75-story (marketed as 90-story) skyscraper at 157 West 57th Street in the Midtown neighborhood of Manhattan, New York City. Upon completion in 2014, it stood at 1,005 feet (306 m) tall, making it the tallest residential building in the city for a few months until 432 Park Avenue was constructed. The building has 92 condominium units on top of a new Park Hyatt Hotel with 210 rooms, which is set to become the flagship Hyatt property.
The contractor is Lend Lease Project Management & Construction, and the developer is Extell Development Company. As of January 2015, it is home to the most expensive residence ever sold in New York City.
Planning and construction
Extell Development Company’s founder and President, Gary Barnett, spent 15 years assembling the property and air rights on 57th Street. At first, he said he wanted to build a 300,000 square-foot building, but plans for views of the park took shape as the assemblage got larger and markets started rising to new levels. Foundation work started in January 2010.
In May 2012, it was announced a buyer had agreed to pay a record price in New York of more than $90 million for the 10,923-square-foot duplex penthouse on the 89th and 90th floors. Just two months later, the Prime Minister of Qatar, Sheikh Hamad bin Jassim bin Jaber Al Thani, broke that record by agreeing to purchase a penthouse unit for $100 million, breaking the earlier record.
After the sales offices had been open for six months, Extell announced One57 was 50% sold with $1 billion in transactions.
On June 20, 2012, it was announced that framework for the top floor had been completed. Shortly after, it was revealed the 13,550-square-foot “Winter Garden” duplex penthouse, located on the 75th and 76th floors, had gone into contract for an undisclosed amount.
In October 2012, entrepreneur Michael Hirtenstein and One57 developer Gary Barnett had a public clash regarding a unit Hirtenstein agreed to purchase in the building. Hirtenstein claimed he would not spend $16 million for a unit without seeing it, and that the view from the unit he purchased was obstructed. Barnett has been strict about not permitting buyers to view apartments prior to purchase, and as Hirtenstein paid a construction worker to show him his unit, Barnett refunded Hirtenstein's funds and canceled the contract.
On October 29, 2012, during Hurricane Sandy, the construction crane on the building partially collapsed, causing thousands of residents and hotel guests in the neighborhood to be evacuated for six days. By November 5, the crane was secured and through traffic in the surrounding area was allowed.
In response to the crane collapse, a class action lawsuit was filed by dentists in the surrounding area, complaining that the incident caused them to evacuate their offices, with subsequent loss of income. The New York City Department of Buildings also stated they had received multiple complaints about the work site. However, the crane was inspected a week earlier and considered in good shape. City officials called the failure of the boom a freakish occurrence.
In May 2013 Extell announced plans to hoist a new crane on May 10–11. The plans endorsed by the New York City Buildings Department involved a mandatory evacuation of the neighboring Alwyn Court as well as the Briarcliff Apartment Building during the process. The residents of the building would each receive up to $1,500. The coop board at Alwyn Court announced that it would seek a court order against the forced evacuation, saying the Department of Buildings appeared to be "an arm of the developer." The crane was hoisted on May 11 as planned after Extell and Alwyn signed an undisclosed agreement. Its tasks completed, the replacement crane was removed on November 11, 2013. 
On the evening of March 15, 2014, a fire broke out in the loading dock of One57, spreading into the courtyard behind the building and then onto the adjacent property at 152 West 58th Street, which had to be evacuated. Neither Extell nor Lend Lease has ever offered any explanation of the fire, and the NYC Dept. of Buildings refused to issue even a partial Stop Work order following the fire. The cause of the fire remains a mystery.
Architecture and design
The use of dark and light glass on the building’s exterior creates vertical stripes, while also manipulating sunlight and maximizing views. A domineering presence, the soaring tower is characterized by its rippled canopies and numerous setbacks on 57th Street, its mottled fenestration, curved tops, scoops and extreme vertical design. 
One57 was named "Worst Building of the Year" in 2014 by Curbed.com: "Pretty much everyone (or at least most archicritics) agrees that its wavy blue facade is ugly. Justin Davidson of New York Magazine called it 'clumsily gaudy.' James Russell, formerly of Bloomberg ... lamented the 'endless acres of cheap-looking frameless glass in cartoonish stripes and blotches of silver and pewter.' Michael Kimmelman of the Times had similarly harsh words: "[The building] unravels as a cascade of clunky curves ... chintzily embellished, clad in acres of eye-shadow-blue glass offset by a pox of tinted panes, like age spots.'"
- "The Billionaire Building". Super Skyscrapers. 26 February 2014. PBS. 
- CTBUH. "One57 Facts | CTBUH Skyscraper Database". 40.76544 -73.97907: Buildingdb.ctbuh.org. Retrieved November 2, 2012.
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- "The Billionaire Building". Super Skyscrapers. 26 February 2014. PBS.
- NYC Dept. of Buildings filing 
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- Abkowitz, Alyssa (May 30, 2013). "$100 Million Homes". The Wall Street Journal. Retrieved June 19, 2013.
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- Barrionuevo, Alexei (May 17, 2012). "At Over $90 Million, Sale of Midtown Penthouse Sets a New York Record". The New York Times. Retrieved June 19, 2013.
- Brennan, Morgan (July 2, 2012). "One57 Says Prime Minister Of Qatar Is Not Buying Penthouse For $100 Million". Forbes. Retrieved June 19, 2013.
- Keil, Jennifer Gould and Margolin, Josh. "Prime Minister of Qatar to spend $100M to buy city’s most expensive condo" New York Post (July 2, 2012)
- Chaban, Matt. "Billionaires, Act Fast! Turns Out One57 Is 50 Percent Sold Out" New York Observer (May 19, 2012)
- Chaban, Matt. "That’s It? A Look at the Tallest Apartment Building In New York that Doesn’t Look That Tall, One57" New York Observer (June 21, 2012)
- Barbanel, Josh (July 3, 2012). "Manhattan Market Takes a Breather". The Wall Street Journal. Retrieved June 19, 2013.
- Brennan, Morgan (August 23, 2012). "$100 Million Homes". Forbes. Retrieved June 19, 2013.
- "At One57, Barnett returns Hirtenstein's deposit, cancels contract". therealdeal.com. October 24, 2012. Retrieved October 29, 2012.
- Kerry Burke; Greg B. Smith; Corky Siemaszko (October 29, 2012). "Crane collapse in midtown Manhattan as Hurricane Sandy storms into the East Coast". NY Daily News (New York). Retrieved October 29, 2012.
- Bill Sanderson; Reuven Fenton; Beth Defalco (October 29, 2012). "Police evacuate area around dangling crane". NYPOST.com. Retrieved October 29, 2012.
- Marc Santoro (2012-10-30). "Crane Is Dangling Off Luxury High-Rise". New York Times. p. A21. Archived from the original on 2013-12-30. Retrieved 2015-03-06.
The snapping of the crane, at 157 West 57th Street, was one of the most visible and startling moments in New York in the hours before the full brunt of the storm arrived.
- Katz, Basil. "Dentists sue over NY crane collapse during storm Sandy" Chicago Tribune (November 9, 2012)
- "Hurricane Sandy | One57 | Crane Collapse". Therealdeal.com. Retrieved November 2, 2012.
- Bagli, Charles V. (November 6, 2012). "As Crane Hung in the Sky, a Drama Unfolded to Prevent a Catastrophe Below". The New York Times. Retrieved June 19, 2013.
- "One57 Crane | Dangling Crane 57th Street". Therealdeal.com. May 3, 2013. Retrieved May 24, 2013.
- Moynihan, Colin (May 4, 2013). "Another Order to Vacate at Site Threatened by One57 Crane". The New York Times. Archived from the original on 2013-10-12.
- Velsey, Kim (May 12, 2013). "One57 Crane Boom Replaced Without Incident, Co-op Dwellers Allowed to Return to Their Homes". Observer. Retrieved May 24, 2013.
- Extell takes down One57 Crane The Real Deal, November 11, 2013
- "Fire Breaks Out at Problem-Plagued One57 Construction Site". TheRealDeal.com. March 16, 2014. Retrieved May 23, 2015.
- "[Video] Extell's One57 ON FIRE and spreading to adjacent property". YouTube.com. Retrieved May 23, 2015.
- Bradbury, Dominic (April 11, 2012). "Soaring ambition". How To Spend It. Retrieved June 19, 2013.
- "One57". CityRealty.
- "From Atlantic Yards to One57, the Saddest Buildings of 2014". Curbed.com. December 30, 2014. Retrieved May 23, 2015.
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