Because New York City can apparently never have too many supertall towers to transform it into a dystopian nightmare of a city, here's one more for you: a 1,100-foot condo tower is set to rise at 45 Broad Street, complete with a elegantly subtle golden crown.
The currently-vacant lot was sold to Madison Equities and the Pizzarotti Group for $86 million last October, and the resulting tower is estimated to be 86 stories, Curbed reports.
This rendering comes from marketing materials obtained by The Real Deal—the building's apparently being shopped around to Chinese investors, as the developers need to raise $75 million to proceed with construction. The tower is expected to have 200-250 units, which will sell for about $2 million each. The lucky absentee owners of this thousand-foot golden scepter will enjoy a 60-foot indoor lap pool, a gym, a garden, a game room, and entertainment areas.
Initial renderings obtained by 6sqft earlier this year suggested a marginally less aesthetically offensive design—notably absent was the gold plating that dominates the updated rendering. The Real Deal notes that the developers will be able to make this building so tall because they obtained a subway improvement bonus, which allows developers to make buildings 20 percent larger than typically allowed in exchange for the developer covering the cost of improvements to a neighboring subway station. This would likely be the Broad Street or Bowling Green stations, but no word yet on what these improvements will entail. Maybe the turnstiles will get gold plating, too!