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53W53
New York, NY

Hines, along with partners Goldman Sachs Real Estate Principal Investment Area and Pontiac Land Group of Singapore, are developing 53W53 Street, an iconic residential condominium project that will be adjacent to the Museum of Modern Art (MoMA). 

Designed by Jean Nouvel, the sweeping 88-story, 750,000-square-foot tower will house 171 high-end condominium residences, designed by world-renowned architect Thierry Despont. In addition, the building's lower floors will include 36,000 square feet of new exhibition space for MoMA distributed over three floors.

The building’s unique silhouette tapers as it rises to a 1,050-foot-tall distinctive spire.  Its metal and glass façade expresses the building's structural system with its many diagonal elements. The tower will include an extensive package of amenities including breathtaking New York City and Central Park views, spectacular common areas, a high-performance fitness facility including a 75-foot lap pool, and full-time concierge service.

All discretionary approvals necessary to build the project are in place and construction is expected to begin in mid 2014 with initial occupancy in late 2018. Lend Lease has been designated as the general contractor and Corcoran Sunshine Marketing Group will handle the project's marketing and sales, which are expected to begin in 2014. 

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SUMMARY

Address
53 West 53rd
New York, NY

Location
Midtown Manhattan adjacent to The Museum of Modern Art (MoMA)

Hines' Role
Developer
Owner

Architect
Jean Nouvel

Residential Component
171 luxury, for-sale condominiums

Net Rentable Area
Residential:
460,000 sq. ft.
(42,734 sq. m.)

Arts & Culture:
36,000 sq. ft.
(3,344 sq. m.)

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Copyright © 2001-2013 Hines Interests Limited Partnership. All rights reserved. Hines and the Hines logo are registered trademarks of Hines Interests Limited Partnership.