Plans Filed For 52-Story Billionaire's Row Tower

MIDTOWN MANHATTAN, NY — Developer Solow Management has filed plans for the newest skyscraper on a street known as Billionaire's Row.

The new development will rise 672-feet-tall on 12 W. 57th St., located between Fifth and Sixth Avenues, according to plans filed with the city Department of Buildings. The 52-story tower will be zoned for both residential and commercial uses and contain a total of 383,134 square feet of developed space, according to building plans.

More than half of the new building will be dedicated to its residential component, according to building plans. The development will contain 80 apartments spanning 202,738-square-feet of residential space. The average apartment unit will be about 2,534 square feet large, indicating luxury apartments are can be expected.

The remaining 180,396 square feet will be dedicated to the building's commercial component. Retail space will be located in the building's cellar and up through the fourth floor, according to development plans.

Skidmore Owings & Merrill will be in charge of the new building's design, according to development plans.

Demolition plans for the site's current structure have not been filed.

Photo by Google Maps street view