One57 contains a facade made of panels in various shades of blue.
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One57 contains a facade made of panels in various shades of blue.
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One57 is in the Midtown Manhattan neighborhood of New York City, just south of Central Park, between Sixth Avenue to the east and Seventh Avenue to the west.
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One57 is on the same city block as Alwyn Court, The Briarcliffe, and 165 West 57th Street to the west, as well as the Nippon Club, Calvary Baptist Church, 111 West 57th Street, and The Quin to the east.
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One57 is near Carnegie Hall and Carnegie Hall Tower to the southwest; the Russian Tea Room and Metropolitan Tower to the south; 130 West 57th Street and 140 West 57th Street to the southeast; and JW Marriott Essex House and Hampshire House to the north.
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One57 is one of several major developments around 57th Street and Central Park that are collectively dubbed Billionaires' Row by the media.
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One57 was developed by Extell Development Company, which in turn was led by Gary Barnett.
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At ground level, One57 has an "L"-shaped floor plan extending both north to 58th Street and east along 57th Street.
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In March 2014, a fire broke out in the loading dock of One57, spreading into the courtyard behind the building and then onto the adjacent property at 152 West 58th Street.
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Some work on One57's facade continued through 2015, during which there were three incidents in which glass fell from the facade.
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When One57 was nearly completed, the cheapest units were the staff's studio apartments, which were marketed for $1.
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The first contracts at One57 were finalized in December 2013, and 27 owners had moved into their homes in the first six months.
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Developer had received a 421-a tax exemption for One57, which permitted a 94 percent tax abatement in exchange for Extell building affordable housing elsewhere.
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When sales of One57 were launched, Barnett initially did not identify buyers.
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The 2017 book Life at the Top: New York's Most Exceptional Apartment Buildings, published three years after One57's completion, did not mention the building even as it mentioned 432 Park Avenue.
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