First Skyscraper of 2018: J-pop meets K-town
Japanese Developer to build Luxury Condos north of Korea Town
Rockefeller Group and Mitsubishi Estate New York officially filed plans with the city for a 46 story, 123-unit luxury condominium that will be at 30 East 29th Street.
Rumors have swirled around this project since Rockefeller Group and Mitsubishi Estate first purchased five connecting properties in the NOMAD / Korea Town area last May. With the purchase of additional air rights, the acquisition costed the developers $98.7 million. The developer have combined air rights on six properties to allow for the building of the nearly 600 foot tall hi-rise with 170,000 square feet of interior space. Amenities will include an accessory pool, fitness center, squash room, and storage for 70 bicycles. On the 34th floor, a resident lounge with two outdoor terraces will have a capacity for 20 people each.
According to Department of Building records, CetraRuddy is the architect on this project. CetraRuddy designed the Archiizer A+ Jury Award winning building, One Madison, a 50-story silver, glass skyscraper on the south end of Madison Square Park. CetraRuddy also handled the conversion of Walker Tower into residential condos.
Mitsubishi Estate is one of the premiere developers in Japan, with an impressive resume including Japan’s second tallest building, the Yokohama Landmark Tower. In 1990 Mitsubishi Estate bought out the Rockefeller Group. At the time, the Rockefeller Group fully owned Rockefeller Center. Since the acquisition, a large portion of Rockefeller Center has been sold off, but the Rockefeller Group still owns the western section of the complex (including 1221 and 1271 Avenue of the Americas).