Address: 20 West 53rd Street
Size: 340,000 sq. ft.
Transaction Type: Development of Mixed Use Tower with Residential and Hotel Components
In 2011, Tribeca Associates LLC, in partnership with an institutional partner, acquired 20 West 53rd Street from the New York Public Library System, as well as approximately 50,000 square feet of air rights and a light and air easement to develop this 340,000 square foot mixed-use project.
The Partnership intends to develop a landmark 120 key, 5-star hotel and approximately 130,000 square feet of luxury residential condominium units that will feature hotel amenities.
With a Plaza District location directly across from the MoMA, this building will feature unrivaled access to the city’s finest shopping, dining, cultural venues and will be in the heart of the midtown office market.