NEW YORK | 10 West 57th Street | 672 FT | 52 FLOORS

[ChiND]

Depending on what Soloviev does here, there could be three supertall, hyper-luxury hotel/condos rising simultaneously:
1. Related’s 625 Madison;
2. Sedesco’s 41 W 57th; and
3. Soloviev’s 10 W 57th.

Also, it’s unclear what uses 1 E 57th will be or how tall it will be, but I suspect that it will be iconic. Thus, a fourth extraordinary tower also will be rising at the same time.

[chris08876]

^^^

Do you foresee these seeking foreign backing considering the rates and conditions for financing are still in bad territory? I'd love to see these rise within the next 3 years. Sort of to add to synchronized nature of Hudson Yards Phase II, boom wise. In addition to everything on Park Ave.

[ChiND]

Originally Posted by chris08876

^^^

Do you foresee these seeking foreign backing considering the rates and conditions for financing are still in bad territory? I'd love to see these rise within the next 3 years. Sort of to add to synchronized nature of Hudson Yards Phase II, boom wise. In addition to everything on Park Ave.

Who knows? That being said, I’m sure they all get financed. This is the Age of the Mycenaeans! It’s a Golden Age! Long live Agamemnon!!

[NYguy]

https://therealdeal.com/new-york/2025/01/24/stefan-soloviev-pays-67m-for-24-west-57th-street/

Soloviev bought the property at 24 West 57th Street, Bloomberg reported, which sits next to a large assemblage that his father had spent decades piecing together.

“This has been a multi decade assemblage,” Soloviev told The Real Deal.

“The possibilities are endless on what that site will be as well as the fact that it lets us protect our south facing views from 9 West. Whatever we end up doing across the street will be EPIC.”

Barnett’s Extell Development in October acquired the $50 million defaulted loan on APF Properties’ block-through plot of land at 24 West 57th Street.

The property is a sizable site that has the potential for more than 140,000 buildable square feet. But it also sits next to a four-piece assemblage at 6-20 West 57th Street that Soloviev’s company has been stitching together since the 1980s at a cost of more than $300 million.

Given that 24 W. 57 is a thrublock site, I wonder if Soloviev will purchase or already purchased the smaller sites at 17 and 23 W. 56 Street.



















There's also the matter of the assemblage taking shape just up the block at the corner of 6th and 57th to keep an eye on.
https://skyscraperpage.com/forum/showthread.php?t=248387

[NYguy]

Well, at least we can forget about 23, it's landmarked...

[ChiND]

Originally Posted by NYguy

https://therealdeal.com/new-york/2025/01/24/stefan-soloviev-pays-67m-for-24-west-57th-street/






There's also the matter of the assemblage taking shape just up the block at the corner of 6th and 57th to keep an eye on.

I’ve been following the 57th and 6th site for decades. As I recall, the same entity that owns The Hemisphere House also owns the empty lots just to the east. Further, the Hemisphere is a rental. I wonder if it has rent-regulated tenants who are blackmailing the owner re: leaving, and, thereby, blocking redevelopment.

The deeds are signed by Jeffrey Morris. I think that he may be involved with Zeckendorf.

[ChiND]

Hopefully, they can buy 30 W 57th and 23 W 56th, the little dump that houses Tina’s. If so, they could shift the location of the tower to the west end of the site. This would provide a large plot from 56th to 57th and would largely preserve southern views from 9 West 57th. The eastern portion of the site could house a 10-15 story hotel with retail, which, once again, would preserve the southern views for 9 West 57th.

[BanBrokenChatBots]

The Logan residence is a good landmark..It's nice to mix old architecture with new

[ChiND]

I walked by this site the other day and noted how enormous it is, especially now that Soloviev owns No. 26. He has the chance to transform this stretch of 57th. I really hope that he builds something iconic which would also benefit his crown jewel across the street.

[NYguy]

Solo’s building continues to do well as office. I wonder if it will weigh on what they decide to do here…



https://commercialobserver.com/2025/04/hess-group-9-west-57th-street/

Hess Group Takes 20K SF at Soloviev’s 9 West 57th Street





BY MARK HALLUM
APRIL 9, 2025

Oil and energy company Hess Group will open a new office at 9 West 57th Street, Commercial Observer has learned.

Stefan Soloviev’s Soloviev Group signed the gas exploration and production company to 19,544 square feet in the Midtown building, where asking rent is about $200 per square foot, according to the landlord.

“These new tenancies underscore our commitment to delivering unmatched office space and exceptional amenities in the center of the Plaza District, the most sought-after commercial location in the world,” Soloviev said in a statement.

[ChiND]

I hope that it won't be an office tower. It would be a travesty if a short glass box is built here like the mundane one that is being built at the Cavalry Church site on 57th.

[NYguy]

MAY 26, 2025

[ChiND]

I think Soloviev stated that he would decide by June what they’re building. Hopefully, it will be an iconic condo-hotel.

[ChiND]

I wonder why Soloviev isn’t proceeding with demolition at 24 W 57th. I assume that the tenants had demo clauses in their leases.

[NYguy]

JULY 20, 2025

[ChiND]

Development black hole remains on West 57th Street
By Steve Cuozzo
Published July 20, 2025,

https://nypost.com/2025/07/20/business/development-black-hole-remains-on-west-57th-street/57.

Cuozzo has a point, but it seems that Soloviev and Sedesco are heading toward development. Who knows what's going on with Vornado's Rizzoli site? However, I disagree with Cuozzo's claim re: the closure of Rue

…The latest blows to the block were the closings of Brasserie 8 and a Half at Soloviev’s 9 West and Rue 57 at the western corner.

The closing of Rue 57 might portend the long-overdue redevelopment of Jeffries Avlon crappy building and its adjacent lot which has been a barren eyesore for decades. I haven't walked by 60 W 57th in a while, but I believe that Davidoff's and the Starbucks are still open. Hopefully, they have month-to-month leases.



NYGuy

[Crawford]

Correct, that Rue 57 corner looks like an assemblage, which can only be good news. That building sucks.

[ChiND]

Originally Posted by Crawford

Correct, that Rue 57 corner looks like an assemblage, which can only be good news. That building sucks.

I concur, Crawford.

P.S.: The owner of 60 W 57th and the adjacent lot also owned The Mayflower.

https://www.nytimes.com/2004/05/27/nyregion/mayflower-and-its-vacant-lot-to-be-sold.html

The owner of the Mayflower has long been described as a faceless entity, the Park Summit Realty Corporation, which was represented by John J. Avlon. As recently as April, Mr. Avlon denied that a sale was imminent. ''We're being approached on a fairly consistent basis,'' he said. ''I would have to tell you that the rumors that contracts are about to circulate would not be accurate.''

But according to rival bidders and real estate executives, the Mayflower property is owned by the Goulandris family, a wealthy Greek shipping family with a large art collection and an obsession with privacy. They placed all the bidders under a strict order forbidding them to name the owner.

The Goulandris family and Mr. Avlon began assembling the property in 1973, buying parcel by parcel until they owned the entire block in 1978. They angered preservationists in 1982 when they stripped the 74-year-old Mayflower of almost all of its terra cotta ornamentation. The last building on the Broadway side of the property was demolished in 1987.

Mr. Avlon has held a holiday party every year, drawing developers and real estate executives who longed to buy the property. But the real estate boom came in and went in the 1980's, as well as one in the late 1990's. Little happened except that the price kept going up.

With the number hovering at $300 million or higher in 2001, Donald J. Trump, who has long wanted the Mayflower, said, ''The Mayflower pricing is crazy, but it's certainly a great piece of property.''

[ChiND]

This building doesn’t look spectacular, but since Solow has owned this site for a very long time, I suspect that his son commissioned it.

https://pavelvavilov.com/gallery/

[ssh]

Did I miss something? Isn't that like a 1,700' structure? Is this finally happening?