NEW YORK | 125 West 57th Street | 440 FT | 26 FLOORS

Continuing the discussion from NEW YORK | 57th Street Corridor “Billionaires Row”:

Gary Barnett ’s Extell Development Co. is in talks with Calvary Baptist, which owns its church building and the Salisbury Hotel, both at 123 W. 57th St., according to documents posted on the church website and available in its lobby.

A report in September from the church board to its membership says the church has signed a letter of intent with Extell that allows the board to begin negotiations with the company regarding potential redevelopment of the church’s property.

Public records show the church and hotel together occupy about 191,000 square feet.

The church’s documents say that FXFOWLE Architects and Extell’s architectural team are working together to present a design concept. The church also said in documents that it had hired London-based Savills PLC—which recently acquired New York’s Studley Inc.—as its broker, and Fried, Frank, Harris, Shriver & Jacobson LLP as its attorneys.

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This looks like another potential supertall in the making. WIth the ultra-luxury boom occurring, and competition for that market, expect something very tall.

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Close-ups of the existing building with Gothic detailing

What is Gary Barnett Doing on West 57th Street?

More recently, Mr. Barnett and Extell Development Company are gaining attention for a more modest building on West 58th Street. More specifically, his unknown intentions for the building are causing many to scratch their heads, considering the lengths he went to garner land and air rights for it.

At 134 West 58th Street, Mr. Barnett has purchased an apartment building, with 17-stories, located between Sixth and Seventh avenues. This building is located on the same block as One57 as well as a building, which measures even taller, at 111 West 57th Street, being developed by JDS Development. This move is seen by many as an attempt by Mr. Barnett to further develop properties he already has in the area.

Gary Barnett has apparently spent almost 10 years gathering the land and air rights to develop what was expected to be another enormous tower, similar to One 57. It has come instead as a surprise to many that he has moved forward with plans to only construct a building with 41 condo units measuring a mere 200 feet. This may be due to difficulties that Extell Development has had in securing a sanctuary property belonging to Cavalry Baptist Church, contained within the Hotel Salisbury. This property is apparently worth $100 million.

As it happens, they are exactly back to back with the apartment building Mr. Barnett purchased on West 58th Street. Should Extell secure rights to this property, along with rights to develop that have already been bought by Cavalry Church…they would find themselves able to build a tower measuring 700 feet in total.

Negotiations have been going on since 2014. Richard Miller is an attorney and occupant of an apartment which is rent-controlled at 134 West 58th Street. He says, “Are they filing these plans for just this one building, or is this a plot to push negotiations with the church? People keep saying that the high-end real estate market has tanked, so maybe they are going to wait—it’s hard to know.”

It has been noted that Extell Development Company has been attempting to end the leases of residents inside the apartment building in question.


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This obviously won’t be tall, but, hopefully, it will be nice.

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The Hampshire House is due north of this, and it’s reasonably tall, so I don’t know how they plan to offer Park views on a 26 story building.

@chris08876 please merge NEW YORK | 123 West 57th Street

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Lame!!!

I can’t believe that these a holes are razing a beautiful building for this pos.

http://a810-bisweb.nyc.gov/bisweb/BScanJobDocumentServlet?requestid=4&passjobnumber=121206550&passdocnumber=01&allbin=1023724&scancode=ES291633271

Once again, where is the LPC when we really need them? This is ridiculous. Just redo the old building, give the church better space, and tastefully add floors.

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Only 440 feet means no views of Central Park.

This is terrorism. Kandahar on the Hudson.

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How can a beautiful building like 123 be razed when an execrable, odious pile of dung like the DGA still stands?

This is egregious!!!

Hey, at least these Taliban aren’t putting up a 1,000 foot blank wall like their Russian comrades on 5th.

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This is an absolute travesty and crime.

You never see stuff like this happen in Chicago or Toronto. Only bring them up because they are the closest competition to NYC in North America in terms of skyline size and developments.

Toronto actually goes a bit too far to the other extreme lol. They incorporate EVERY old facade into new towers, no matter how average they seem to be

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Respectfully, Chi and Tor are not competitors of NY.

Oh I understand that NYC is in a different league, but they are definitely second and third place after it. And they seem to have much more respect for what they tear down. Granted of course they have less to lose to begin with.

Mexico City doesn’t have that many because it sits on the ring of fire right? I remember watching a video about one of the tallest buildings and it had massive X shaped shocks on all sides of the building from top to bottom. Frankly if I was building my own building, I’d put those in no matter where I built it.