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 include three floors of new exhibition space above the Museum of Modern Art (MoMA).
Designed by Pritzker Prize-laureate Jean Nouvel, the sweeping 82-story, 520,000-square-foot tower will house 160 high-end condominium residences, designed by The Office of Thierry Despont. In addition, the building's lower floors will include 52,000 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 65-foot lap pool, and full-time concierge service.
Construction began in late 2014. Corcoran Sunshine Marketing Group is handling the project's sales. A comprehensive sales gallery is located at 745 Fifth Avenue.