by Howard Morrel & Leslie Hirsch
57th Street Report
The Malabar Residences, a striking new addition to Billionaires’ Row, is nearing completion at 126 East 57th Street, just off Lexington Avenue. Rising 28 stories and reaching 346 feet, this elegant residential tower reflects the bold yet refined vision of ODA Architecture and the development expertise of MRR Development.
Spanning 175,000 square feet, The Malabar Residences will feature 147 condominium homes, ranging from studios to three-bedroom layouts with an average size of 1,156 square feet. In addition, the project includes 5,000 square feet of retail space at the lower level, designed to enhance the surrounding streetscape and neighborhood experience.
126 East 57th Street. Rendering by Brick Visual.
A Design of Light and Elegance
Recent construction progress reveals the tower’s signature design — a grid of recessed floor-to-ceiling windows framed by clean concrete lines and softened by bronze-accented paneling. Glass railings have been added across the building’s many terraces and cutouts, giving each home a sense of openness and connection to the city skyline.
As scaffolding continues to come down, the façade’s architectural rhythm has become increasingly visible, showcasing ODA’s hallmark interplay of light, space, and geometry. The slender northern entrance on East 57th Street, marked by its inward-sloping bronze façade, is now taking shape and will serve as a refined and inviting entryway for residents.
126 East 57th Street. Photo by Michael Young.
Residences and Amenities
Sales and marketing for The Malabar Residences are being led by Maria Mainieri, Alexander Boriskin, Jane Powers, Neelam Katara, Gilad Azaria, and Michael Lorber. Approximately two-thirds of the residences will offer private outdoor spaces — including balconies, loggias, terraces, and rooftop decks — a rare luxury in Midtown Manhattan.
Residents will enjoy a thoughtfully curated suite of amenities spanning multiple levels, including:
- A landscaped rooftop terrace with skyline views
- An indoor swimming pool and fitness center
- A private indoor basketball court
- A steam room and sauna
- Resident lounges, including a demonstration kitchen and children’s playroom
Location and Connectivity
Situated at the corner of East 56th Street and Lexington Avenue, The Malabar Residences offers easy access to multiple subway lines, including the 4, 5, 6, N, R, W, Q, and F trains, all within a few blocks. This prime Midtown East location blends cultural vibrancy, convenience, and luxury living just steps from the city’s most prestigious retail and dining destinations.
The Malabar Residences is expected to reach completion in early 2026, adding a sophisticated new landmark to one of Manhattan’s most dynamic corridors.
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
