Let's Talk

By Howard Morrel & Leslie Hirsch

57th Street Report

As the iconic Plaza District tower nears 100% occupancy, a massive new wellness and dining oasis is officially open to tenants.

Midtown Manhattan — Just weeks after securing a monumental $1.8 billion refinancing package for its crown jewel asset, the Soloviev Group has officially unveiled the highly anticipated, state-of-the-art amenity space at 9 West 57th Street.

The grand opening marks a major milestone in the modernization of the iconic 1.5 million-square-foot tower, which is currently experiencing an unprecedented leasing surge and nearing full occupancy.

Next-Level Amenity Living: The 50th Floor Oasis

The newly debuted 20,000-square-foot luxury amenity floor brings world-class hospitality directly into the workplace, offering panoramic, unobstructed views of Central Park and the Manhattan skyline.

Designed to meet the demands of top-tier global executives, the private floor features:

  • The 9W Athletic Club: A premier fitness and personal training center equipped with elite, state-of-the-art equipment and dedicated wellness areas.

  • The Vault Spa: A boutique wellness retreat offering specialized recovery treatments, steam rooms, and private relaxation lounges.

  • Executive Dining & Hospitality: A tenant-exclusive, high-end culinary destination featuring curated dining menus, private meeting salons, and cocktail reception spaces.

Visual of updates to the world-class amenity floor at 9 West 57th Street

Capitalizing on Market Momentum

The completion of the amenity floor perfectly complements the building’s recent financial restructuring. With its long-term debt stabilized by the recent $1.8 billion facility from Bank of America, the Soloviev Group has effectively utilized capital improvements to solidify 9 West 57th Street’s position at the apex of the ultra-luxury office market.

The strategy is paying off seamlessly. Over the last few months, the tower has experienced a record-setting leasing streak, capturing multiple historic deals in the $300+ per-square-foot range and thinning remaining vacancy down to just two remaining spaces on the upper floors.

A Vision Realized

For Chairman Stefan Soloviev, the dual success of stabilizing the asset financially and delivering a world-class environment represents the culmination of a multi-year effort to modernize the historic 1974 skyscraper built by his father, Sheldon Solow.

By blending the building’s legendary architectural exclusivity with next-generation corporate wellness and hospitality, 9 West 57th Street continues to set the gold standard for trophy assets along the 57th Street corridor.

Want to learn more? Let’s talk!

All the best,
Howard Morrel & Leslie Hirsch
Christie’s International Real Estate Group
(212) 956-4823
mha@christiesrealestategroup.com

Work With Us

Morrel Hirsch & Advisors is a tightly knit team of strategically handpicked, multilingual experts, collectively dedicated to the needs of their clients.