New York City remains one of the priciest places to build in the world, but that has not stopped builders and architects from coming to one of the most unique marketplaces that North America has to offer. More construction is going on now than ever before in order to accommodate the city’s 8.6 million residents; a number that will only continue to grow. While most new construction is slated to occur in Brooklyn and Queens in the coming years, plenty will be coming to the centerpiece of the New York City market: Manhattan. Currently, new development condo prices in Manhattan are listed on BuzzBuzzHome as having a median price per square foot of $2,284/SqFt and a median list sales price of $3,627,995. This positive skew is largely due to the insane prices coming to new buildings like those on Billionaire’s Row. While these prices might seem like a turn-off for your average buyer, the architectural masterpieces that are created as a result can stun just about anyone. Below we take a look at some of the most magnificent new residential developments that are set to change the Manhattan skyline.

1. The Woolworth Tower Residences

Completed: December 2017
Developed by: Alchemy Properties
Designed by: SLCE Architects

Dubbed ‘The Mozart of Skyscrapers’ by Paul Goldberger, the Woolworth’s design is nothing short of spectacular. Upon opening in 1913, the Woolworth Building was the tallest building in the world. Obviously that status has been passed by many others over the last century, but the 33 residences that have been created on the upper floors are unlike any others.  In case that isn’t enough, the top SEVEN floors are home to ‘The Pinnacle Penthouse’ which currently lists at an affordable $110 million.

2. The XI

Estimated Completion: Fall 2019
Developed by: HFZ Capital Group
Designed by: Bjarke Ingels Group

Bjarke Ingels is no stranger to creating architectural masterpieces all over the world. Perhaps one of the most unique designs that New York has ever seen is the recently launched XI. The overall development creates a pretty unbelievable design that consists of two twisting towers (Number X and Number I) between the Hudson River and the High Line. This extraordinary feat of engineering is sure to have a lasting impact on the future of New York City development.

3. 130 William

Estimated Completion: 2020
Developed by: Lightstone
Designed by: Adjaye Associates

The Financial District is seeing a building boom like never before and 130 William is set to change the neighborhood’s landscape for sure. This may be Sir David Adjaye’s first residential tower in the city, although it sure doesn’t seem like it. Using the neighborhood as the tower’s backbone, “he pushes against the conventions of tall glass towers with curves and arches” to create a unique design that the city has never seen before. For those looking to put down roots in the Financial District, this is the place you want to be.

4. 35 Hudson Yards

Estimated Completion: 2019
Developed by: Related and Oxford Properties
Designed by: Skidmore, Owings & Merrill LLP

Breaking ground in 2012, Hudson Yards has quickly become recognized as one of the the most fascinating megaprojects across the United States. When complete, the master project will cover more than 18 million square feet of office, retail, and residential space across more than a dozen buildings. While 35 Hudson Yards might not be the tallest building in the community, it still tops out over 1,000 feet. Inside, there will be 143 for-sale residences with superior amenities like a world-class Equinox club and spa. Pricing will begin at $5 million and the units are sure to offer sweeping views of the Hudson River and the rest of New York City.

5. 111 West 57th

Estimated Completion: 2020
Developed by: JDS Development Group, Property Markets Group, and Spruce Capital Partners
Designed by: SHoP Architects

As mentioned above, Billionaire’s row is responsible for some of the most expensive homes that Manhattan has ever seen. There is no question that this location is one of New York’s finest as these towers offer unprecedented views of Central Park and Lower Manhattan. 111 West 57th incorporates the landmarked Steinway Hall and a newly integrated tower which will include 14 and 46 residences respectively. At 82 stories, this is currently the third tallest residential building in the world. These full-floor and duplex units do come with a hefty price tag, but the building is located on Billionaire’s row after all.

6. Central Park Tower

Estimated Completion: 2020
Developed by: Extell
Designed by: Adrian Smith + Gordon Gill Architecture

If you thought 111 West 57th was impressive, Central Park Tower will top out at 1,550 feet making it the tallest residential building in the entire world. If that wasn’t enough, the projected sellout of $4 billion will make Central Park Tower the most expensive condo project ever in New York City. These units don’t come cheap either; how could they at a project with a name like Central Park Tower? Units reportedly start around $1.5 million but if you are willing to fork over $100 million+, you will experience the best view that Manhattan has to offer. Central Park Tower will surely be considered one of the most prestigious addresses on earth.

Zach Taylor
Author

Zach is a market specialist for BuzzBuzzHome based in New York City. Having graduated from St. Lawrence University with a degree in Mathematics, Zach took his interest in data analysis and combined it with his passion for real estate. He manages the data for BuzzBuzzHome's largest territory by volume that is New York City. Zach is passionate about new residential development and providing industry research and insight.

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