NEW YORK | 574 5th Ave (Extell) | 567 FT | 32 FLOORS

[NYguy]

There is a lot in motion with Extell. They haven't even publicly released renderings for the Torch, which is well under construction. The same happened with CPT. But we get the gist of what this building will look like.

[ChiND]

Originally Posted by NYguy

…But we get the gist of what this building will look like.

I agree. TK essentially said that. The question is whether they’ll add an extra setback or just elongate what’s been shown thus far. Alternatively, will they fatten what’s been shown thus far.

[NYguy]

https://nypost.com/2026/04/22/real-estate/a-look-inside-the-latest-crop-of-nyc-super-towers/

Inside the new ultra-towers set to transform the NYC skyline in the coming years


By Lois Weiss
April 22, 2026

....Another law firm, Simpson Thacher, is still negotiating its lease as the anchor for Gary Barnett’s upcoming 1.6 million-square-foot tower at 570 Fifth Ave. with Ikea as another investor and retail tenant, that will have room for another 350,000 square feet of companies on the top.

Asking rents for this KPF-designed tower are roughly $225 to $290 per foot.

[NYguy]

Massive lease…


https://commercialobserver.com/2026/06/simpson-thacher-finalizes-lease-extell-570-fifth-avenue/

Law Firm Simpson Thacher Finalizes 916K-SF Lease at Extell’s 570 Fifth Avenue
The new lease is more than 200,000 square feet larger than the law firm's original deal


BY AMANDA SCHIAVO
JUNE 1, 2026

Global law firm Simpson Thacher & Bartlett has finalized the largest Manhattan office deal signed in May.

The law firm, which specializes in corporate transactions and private equity, signed a 916,000-square-foot lease at Extell Development’s office development at 570 Fifth Avenue, according to a memorandum of lease filed in property records and a new Manhattan office report from Colliers.

The new lease is more than 200,000 square feet larger than the law firm’s original deal. In September, Simpson Thacher was in talks to lease roughly 700,000 square feet at the Midtown skyscraper, Commercial Observer reported. The details of the change in square footage were unclear, but the lease memorandum noted an “execution of lease” date of May 8.

This is why new office towers keep getting built in the city.

[ChiND]

I’m very curious as to the final design of this tower. I believe that the basic design will remain, but will there be more setbacks, or will it just rise up further? Will it also get fatter?

Someone posted this image from a Forbes Article in Post 412 on this thread.

It would be nice if this is the final design.

[TKD]

Originally Posted by ChiND

I’m very curious as to the final design of this tower. I believe that the basic design will remain, but will there be more setbacks, or will it just rise up further? Will it also get fatter?

Someone posted this image from a Forbes Article in Post 412 on this thread.

It would be nice if this is the final design.

That was way before the building got larger. Also way beyond zoning allowances for the streetwall height.

[ChiND]

Originally Posted by TKD

That was way before the building got larger.

You know this better than I do, but this shows it occupying the whole block and the adjacent site that was acquired to the west on 46th Street.

This seems much taller than the latest renderings than were shown (below), and it has a few more setbacks.

Anyway, I'm sure that you've seen the final version, so I'll take your work for it.

[TKD]

Originally Posted by ChiND

You know this better than I do, but this shows it occupying the whole block and the adjacent site that was acquired to the west on 46th Street.

This seems much taller than the latest renderings than were shown (below), and it has a few more setbacks.

Anyway, I'm sure that you've seen the final version, so I'll take your work for it.

You're not wrong that the render is showing a bigger building, but that is not representative of the recent enlargement of the building relative to the shorter tower, since it is a render from before the building got bigger. Essentially, it is a render to disregard (the Forbes article one).