111 West 57th Street Has A Selling Spree Post Shut Down

111 West 57th Street has announced it has sold two $30 million residences since the Governor’s shut down order took place. While the real estate market is experiencing challenges due to the pandemic, 111 West 57th Street is proving to be an outlier.

Residence 70 was purchased for around the list price of $30.5 million by an international buyer who viewed the apartment and signed a contract in less than 30 days. Residence 64 was purchased for around $30 million by a local buyer who before the shutdown viewed the home and signed a contract after the Governor’s order took place.

Both residences are located within 111 West 57th Street's 1,428-foot tower, the second tallest residential building in the Western Hemisphere. The development includes the historic landmarked Steinway Hall building which recently began closings and is comprised of a limited collection of 14 unique homes. JDS Development Group, Property Markets Group and Spruce Capital Partners are the developers of 111 West 57th Street, which features architecture by SHoP Architects and interior architecture by Studio Sofield.

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