53 West 53, also known as the MoMA Expansion Tower and 53 West 53rd Street, and formerly known as Tower Verre is a supertall skyscraper constructed by the real estate companies Hines, Pontiac Land Group and Goldman Sachs, located in Midtown Manhattan, New York City adjacent to The Museum of Modern Art. The building had been in development since 2006, and construction began in late 2014. It was officially topped out in August 2018, and completed in 2019. As of November 2019, 53 West 53 is the seventh-tallest completed building in the city.
The building, designed by Jean Nouvel, initially was proposed to stand 1,250 feet tall . The mid-block building had run into considerable opposition focusing on fears that it would cast a shadow over Central Park during the winter and that its mid-block location would create traffic problems. Financing had been scarce until October 2013, when the Kwee brothers' Pontiac Land agreed to provide $200 million in equity, supported by an $860 million loan from a consortium of Asian banks.
Source: Wikipedia.org
Copyright: Creative Commons 3.0
New York, United States
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