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Originally Posted by DeSelby
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This will most certainly update plans. That's a 20% increase in total project size (currently at about 440,000 sf. Though that won't necessarily translate into height, even a little more height makes this one more visible.
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The New York-based developer paid $77.5 million for a 13-story Class B office property at 37 West 57th Street, adding 87,855 square feet to its existing property at 41-47 West 57th.
Sedesco is building a 63-story skyscraper — a mix of hotel, retail and residential — designed by Rem Koolhaas of OMA.
Sedesco’s 57th Street zoning was approved in 2021 through the New York City’s Zoning for Accessibility program. As part of ZFA, Sedesco is building two ADA-accessible elevators at the southwest corner of West 56th Street and Sixth Avenue in exchange for the zoning. The elevators will provide access to the F line’s 57th Street station.
The subway improvements, which Sedesco general counsel Derek Gilchrist said are already underway, are expected to be completed in 2024.
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The expanded footprint...
Building on the right...
This building could have gone to expand either of the development sites (Solo site to the east)