The 57th Street Report®By Howard Morrel & Leslie Hirsch 57th Street Report There was a time when the pinnacle of luxury real estate on 57th Street was defined solely by soaring square footage, Italian marble finishes, and unobstructed views of Central Park. Today, a new asset class has taken over the demands of the ultra-high-net-worth (UHNW) market: biological […]
By Howard Morrel & Leslie Hirsch 57th Street Report For decades, the most exclusive residential real estate on Earth has slowly climbed skyward along 57th Street. But just one block north, tucked away inside one of Manhattan’s most recognizable architectural landmarks, lies a rare “blank canvas” trophy asset that is about to ignite a global […]
By Howard Morrel & Leslie Hirsch 57th Street Report Fifty-Seventh Street is known worldwide for its soaring architectural achievements and ultra-luxury shopping, but the real theater happens at sea level. The culinary landscape of Billionaires’ Row is fast-paced, high-stakes, and undeniably delicious. Whether you are looking to close a multi-million dollar real estate deal or […]
By Howard Morrel & Leslie Hirsch 57th Street Report Every summer, New York City plays host to one of the most breathtaking visual spectacles on Earth: Manhattanhenge. The phenomenon occurs when the setting sun aligns precisely with Manhattan’s east-west street grid, transforming major cross-streets into glowing canyons of golden light. While crowds historically flock to […]
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 secondary market on Billionaires’ Row is testing the upper limits of luxury real estate once again. Wall Street veteran Lewis A. Sanders, founder and CEO of Sanders Capital and former CEO of AllianceBernstein, has officially listed his full-floor penthouse on the 88th floor of 432 […]
By Howard Morrel & Leslie Hirsch 57th Street Report A new residential addition has officially been completed in the heart of Midtown. 18W55, located at 18 West 55th Street between Fifth and Sixth Avenues, brings a boutique rental offering to one of Manhattan’s most established corridors. A Modern Residential Addition Designed by Morris Adjmi Architects […]
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, […]
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