Steinway Tower at 111 West 57th Street is the world’s slenderest skyscraper with a 1:24 width-to-height ratio. Designed by SHoP Architects with interiors by Studio Sofield, only 60 residences exist. Limited sponsor units remain available with attractive terms including sponsor-paid transfer taxes. Working with an agent who specializes in new development negotiations can unlock opportunities not visible in public listings.
Steinway Tower | 111 West 57th Street | NYC New Development
Steinway Tower isn’t just a building — it’s an architectural achievement. At 1,428 feet with a 1:24 width-to-height ratio, it’s the world’s slenderest skyscraper.
With only 60 residences total, this is one of the most exclusive addresses on Billionaires’ Row.
But here’s what most buyers don’t realize: how you buy matters as much as what you buy.
New development purchases work differently than resales. The opportunities — and the pitfalls — are not obvious from public listings.
The Building
Address: 111 West 57th Street, Manhattan (Billionaires’ Row)
Developer: JDS Development Group & Property Markets Group (PMG)
Architect: SHoP Architects
Interior Design: Studio Sofield
Height: 1,428 ft / 84 stories (world’s slenderest skyscraper)
Units: 60 residences (46 tower + 14 Steinway Hall landmark)
Address: 111 West 57th Street, Manhattan (Billionaires’ Row)
Developer: JDS Development Group & Property Markets Group (PMG)
Architect: SHoP Architects
Interior Design: Studio Sofield
Height: 1,428 ft / 84 stories (world’s slenderest skyscraper)
Units: 60 residences (46 tower + 14 Steinway Hall landmark)
Completion: 2021
Amenities
- 82-foot two-lane swimming pool with cabanas
- Sauna and spa treatment rooms
- Manhattan’s first private padel court
- Club 111 — daily breakfast by Le Bilboquet
- Private dining room and terrace
- Fitness center and golf simulator
- Study and children’s playroom
- Historic Steinway Hall (1925 landmark restoration)
Residences
- 2-bedroom residences
- 3-bedroom residences
- 4-bedroom residences
- Full-floor residences
- Landmark Steinway Hall residences
- Quadplex crown penthouse
Why New Development Is Different
Buying in a new development like 111 West 57th Street (Steinway Tower) is not the same as buying a resale.
What most buyers don’t know:
- Sponsor pricing follows patterns that aren’t publicly visible
- The best opportunities often never hit the open market
- Negotiation leverage shifts based on factors most buyers never see
- Timing matters more than most agents will tell you
What I bring:
- Deep relationships with new development sales teams
- Access to inventory before it’s publicly listed
- Understanding of when and how to negotiate effectively
- Experience closing transactions in buildings like this
I don’t share my methodology publicly — but my clients benefit from it.
Who This Is For
111 West 57th Street (Steinway Tower) attracts a specific buyer:
- Seeks architectural significance and rarity
- Values Central Park views and Billionaires’ Row address
- Appreciates historic restoration (Steinway Hall)
- Understands that purchases at this level require specialized expertise
If that’s you, let’s talk.
Frequently Asked Questions
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What makes Steinway Tower unique?
Steinway Tower is the world's slenderest skyscraper with a 1:24 width-to-height ratio. With only 60 residences, it's one of the most exclusive buildings on Billionaires' Row. The building includes the restored 1925 Steinway Hall landmark.
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Are sponsor units still available at Steinway Tower?
Very limited sponsor inventory remains. Sponsor purchases at Steinway Tower often include attractive terms such as sponsor-paid transfer taxes, which can represent significant value. I work directly with the sales team to access current availability.
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What are the sponsor benefits at Steinway Tower?
Sponsor purchases typically include benefits not available in resale transactions. These may include sponsor-paid transfer taxes, flexible deposit terms, and board-free closing. The specific terms vary by unit and timing.
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What amenities do residents have access to?
Residents enjoy an 82-foot two-lane pool, Manhattan's first private padel court, Club 111 with daily breakfast service, private dining, fitness center, and access to the restored historic Steinway Hall.
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Why should I work with a buyer's agent for a new development purchase?
New development transactions involve sponsor negotiations, contract terms, and closing processes that differ from resale purchases. An experienced agent understands how to identify opportunities, navigate sponsor relationships, and negotiate terms that benefit the buyer.
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Can I see available units at Steinway Tower?
Yes. Contact me for a private consultation. Given the extremely limited inventory, timing matters. I'll share what's currently available and explain the opportunities that exist in this building.
Ready to Explore 111 West 57th Street (Steinway Tower)?
I specialize in NYC new development purchases and help buyers access opportunities others miss.
[Schedule a Private Consultation →]
No obligation. No pressure. Just information you won’t find online.
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About the Author
Veena Rayapareddi specializes in NYC luxury new development and resale properties. An NYU Adjunct Professor with an MBA in Finance and MS in Engineering Management, she brings analytical rigor and deep market relationships to every transaction.