The 57th Street Report®By Howard Morrel & Leslie Hirsch 57th Street Report A major transformation is coming to the corner of Fifth Avenue and East 61st Street. Developer Miki Naftali is moving forward with plans to redevelop 800 Fifth Avenue into an ultra luxury condominium tower designed by Robert A. M. Stern. The project is already generating significant […]
By Howard Morrel & Leslie Hirsch 57th Street Report One of Manhattan’s most iconic office towers has secured a major refinancing. Soloviev Group, together with Bank of America, closed a $1.8 billion deal for 9 West 57th Street. This transaction reinforces the strength of trophy office assets on Billionaires’ Row. A Premier Midtown Address Located […]
By Howard Morrel & Leslie Hirsch 57th Street Report Another major addition to Midtown’s luxury corridor is nearing completion. The Rolex Building at 665 Fifth Avenue is entering its final stages of construction. As a result, it will soon introduce a new architectural statement to one of Manhattan’s most prestigious retail and office corridors. A […]
By Howard Morrel & Leslie Hirsch 57th Street Report Park Avenue, one of Manhattan’s most iconic corridors, is on the brink of a major transformation that could redefine Midtown’s public realm. A newly unveiled proposal from the New York City Department of Transportation introduces plans to reimagine an 11 block stretch between East 46th and […]
By Howard Morrel & Leslie Hirsch 57th Street Report The following market report provides an overview of the real estate listings around 57th Street / Billionaires’ Row. The report includes information on properties for sale, properties in contract, and properties sold within the last 12 months. 57th Street Luxury Market ($5M and above) For […]
By Howard Morrel & Leslie Hirsch 57th Street Report The intersection of the Plaza District and Billionaires’ Row is about to reach a new pinnacle. Newly released renderings for 625 Madison Avenue offer a first look at the 52-story skyscraper set to redefine the Midtown East skyline. Developed by Related Companies in partnership with Andrew […]
By Howard Morrel & Leslie Hirsch 57th Street Report ABS Partners Real Estate is moving ahead with a significant rezoning proposal that could reshape a key stretch of Midtown Manhattan. The project, located at 515 West 57th Street, would introduce nearly 400 new residential units—further signaling the ongoing transformation of underutilized commercial sites into high-density […]
By Howard Morrel & Leslie Hirsch 57th Street Report If the New York City office market has a heartbeat, it pulses from 9 West 57th Street. This 50-story architectural icon, famous for its sloping silhouette and unrivaled Central Park views, has officially staged one of the most impressive comebacks in Manhattan real estate history. From […]
By Howard Morrel & Leslie Hirsch 57th Street Report There is an unmistakable energy to West 57th Street. Known globally as Billionaire’s Row, this stretch of Manhattan represents more than just real estate. It is a global symbol of prestige, architectural ambition, and unprecedented access. At the heart of this iconic corridor sits Metropolitan Tower, […]
By Howard Morrel & Leslie Hirsch 57th Street Report Manhattan’s luxury market reached a new benchmark last week as Penthouse 74 (also marketed as PH76) at 111 West 57th Street officially entered contract. With a final sale price expected to settle around $42 million, the deal stands as the most expensive residential transaction on Billionaires’ […]
By Howard Morrel & Leslie Hirsch 57th Street Report The Manhattan skyline is gaining a new beacon of luxury. Set to open in Fall 2026, the new Rolex Building at 665 Fifth Avenue is a 30-story boutique tower that mirrors the brand’s legendary commitment to excellence and timeless design. Designed by Pritzker Prize-winning architect David […]
By Howard Morrel & Leslie Hirsch 57th Street Report In our previous coverage of Malabar Residences at 126 East 57th Street, we highlighted the early stages of the project as it began to take shape along the eastern edge of Billionaires’ Row. Since then, construction has advanced significantly, with the development now entering its final […]
By Howard Morrel & Leslie Hirsch 57th Street Report The following market report provides an overview of the real estate listings around 57th Street / Billionaires’ Row. The report includes information on properties for sale, properties in contract, and properties sold within the last 12 months. 57th Street Luxury Market ($5M and above) For those […]
By Howard Morrel & Leslie Hirsch 57th Street Report New renderings have been released for the proposed transformation of 609 Fifth Avenue in Midtown East, Manhattan. The project, designed by Rafael Viñoly Architects and co-developed by RJ Capital Holdings and Top Rock Holdings, calls for converting the existing 14-story office building into a 29-story residential […]
By Howard Morrel & Leslie Hirsch 57th Street Report A duplex at 25 Columbus Circle has changed hands for $18.3 million after attracting multiple competing offers — yet the sale still represents a loss for the seller, who paid $18.8 million for the unit more than a decade ago. Unit 7273B, situated above the Mandarin […]
By Howard Morrel & Leslie Hirsch 57th Street Report Conceived in 1907 by architects Pollard and Steinam, Parc Beaufort is a designated New York City landmark occupying one of Midtown Manhattan’s most prestigious addresses. Positioned two blocks south of Central Park, adjacent to the architectural icons of Billionaires’ Row, and within steps of Carnegie Hall, […]
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