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Hines New York Condos Priced from $3 Million to $70 Million in Upscale Site Next of MoMA

Rendering of 53W53, Hines' proposed condo tower in New York. Credit: Hayes Davidson

Rendering of 53W53, Hines’ proposed condo tower in New York. Credit: Hayes Davidson

NEW YORK – Home prices in Hines’ new condominium tower next to the Museum of Modern (MoMA) in New York will range from $3 million to $70 million.

The Houston-based real estate firm, together with development partners Goldman Sachs Investment Group and Singapore-based Pontiac Land Group, announced the grand opening of the sales gallery for the tower, called 53W53.

The 1,050-foot-high condominium tower will be located adjacent to The Museum of Modern (MoMA) at 53 West 53rd Street.

Designed by New York-based Thierry Despont, 53W53’s interior architect, the 10,000-square-foot sales gallery, located at 745 Fifth Avenue, offers a unique architectural context through a fully-built-out model residence enclosed inside a portion of the building’s intricately woven silver, black and gold metallic facade, designed by Pritzker Prize-winning architect Jean Nouvel.

Mr. Despont’s custom-designed kitchens feature backlit, translucent statuary classic marble backsplashes and back-painted white glass cabinetry with polished-nickel detailing designed by Mr. Despont and built in Italy by Molteni & C. Polished statuary marble countertops and islands with beveled edges complement fully-integrated Sub-Zero refrigerators/freezers and Miele ovens and low-profile cooktops.

Master bathrooms combine rich Noir Saint Laurent marble with Peruvian gold polished travertine on feature walls. Lefroy Brooks cast-iron soaking tubs and carved Verona limestone vanity sinks complement Mr. Despont’s custom-designed round, polished nickel automated, adjustable height mirrors with interior storage and LED sidelights.

“I approached the design of 53W53 as if each residence was a private home commission,” explained Mr. Despont. A celebration of quality and attention to detail, each residence features elegantly crafted, furniture-grade mahogany doors throughout, complemented by the architect’s custom-designed bronze hardware inspired by the tower’s distinctive silhouette and manufactured by E.R. Butler & Co.

The building’s 24-hour staffed lobby, designed by Mr. Despont in a palette of cerused oak, marble, alabaster, bronze and gold leaf, is an interpretation of Mr. Nouvel’s bold architecture.  Entrances on both 53rd and 54th Streets provide discrete, convenient and secure access to and from the building.

53W53 is in the epicenter of New York’s global business, arts and cultural districts and a short walk to Central Park. Luxury shopping destinations lining nearby Fifth Avenue include Bergdorf Goodman, Saks Fifth Avenue, Tiffany & Co., Louis Vuitton, Prada and Chanel. Renowned restaurants, including La Grenouille, Le Bernardin, The Modern and The Polo Bar, cultural landmarks such as New York’s vibrant Theater District, Carnegie Hall and Lincoln Center, and the headquarters of numerous international financial institutions are all within a close radius.

Realty News Report Oct. 8, 2015

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