Real Estate Industry News

Steinway Hall was built in 1925 to showcase the piano company’s offerings, a Warren & Wetmore-designed architectural and cultural monument to classical music. From here, the company sold and repaired pianos until 2016, when it moved to new a HQ on the Avenue of the Americas (Sixth Avenue.)

Now the famed building on Central Park is part of the new 111 West 57th Street tower, the second tallest residential building in the Western Hemisphere. Designed by SHoP Architects, with interior architecture by Studio Sofield, the ambitious project includes a redesign of the historic building. It now encompasses 14 sprawling, light-filled, pre-war residences that honor the heritage and integrity of one of Midtown’s most cherished landmarks. 

Three of those residences are for sale. Beginning at the top, they include the three-bedroom, four and one-half bathroom penthouse. With over 3,500 square feet of outdoor terraces and a living room with 26-foot high vaulted ceilings, the 5,269 square-foot duplex has an interesting back story. Originally built to be a residence for one of the Steinway company founders, it became a studio where jazz greats recorded. It is offered for $21 million. 

Unit 17 South, for sale for $17,995 million, is a duplex with an expansive double-height great room and an upper level master suite. With four bedrooms and five and one-half bathrooms, it encompasses 4,786 square feet. 

Unit 16 North measures 2,702 square feet and features an open-floor-plan kitchen and living room with a fireplace. A great selling point is the 958 square foot north-facing private terrace. With two bedrooms and two and one-half bathrooms, this residence is for sale for $8,750 million.

Among the amenities available to residents of both the historic Steinway Hall building and the new 46-unit tower are valet parking, a spa with his and her steam rooms, 24-hour concierge service and a beautiful swimming pool.

Tower residences are available from $16 million to more than $57 million, with sizes ranging from 3,873 to 7,128 square feet.

The historic building’s rotunda, which served as Steinway’s dramatic piano showcase, is in the process of a complete restoration. Decorative painting work executed by John Canning & Co. is stabilizing, restoring, and cleaning all painted surfaces in the historic rotunda, including the dome murals, pendentives, and painted metal doors and railings

The restoration of the rotunda is part of the comprehensive restoration of the exterior of Steinway Hall, including the limestone facade, copper roof and copper lantern, brickwork, windows and decorative sculptures.