Manhattan, NY The Wilf Family’s Skyline Developers has topped out 18 West 55th St., the residential development, with the ground-up new construction building reaching 25 stories. Rising 292 ft., the 152,000 s/f development will introduce 97 rental apartments, a suite of modern lifestyle amenities, and ground-floor retail space to its midtown location just off Fifth Ave. Construction at 18 West 55th St. began in April 2023, and the building is slated for delivery in 2025, with leasing set to launch early next year.
“We’re pleased to have reached this major construction milestone, which represents a significant step forward in bringing our vision for 18 West 55th St. to life,” said Orin Wilf, principal of Skyline Developers.
“We’ve had a presence in Midtown for almost 30 years and have witnessed the evolution of Fifth Ave.and the surrounding area into what it is today and recognized the demand for this type of luxury rental product here that doesn’t currently exist. We look forward to introducing 18 West 55th St. to the neighborhood and commencing leasing in early 2025.”
Featuring architecture and interiors by the renowned Morris Adjmi Architects, the luxury development will become one of the most prominent rental towers in the area. In addition to delivering 96 high-end residences ranging from studios to three-bedroom apartments, the building will offer residents roughly 10,000 s/f of amenities spread across several floors of the 25-story property. 18 West 55th St. also has 5,265 s/f of ground-floor retail space.
Located on West 55th St. off Fifth Ave., 18 West 55th St. is on the same block as the Peninsula New York Hotel, landmarks such as The Museum of Modern Art (MoMA), Central Park and Fifth Ave.’s luxury retail corridor.
18 West 55th St. builds upon Skyline Developers’ and the Wilf family’s tradition of building that began in 1954. Founded in 1999 as the New York City affiliate of Garden Homes, Skyline Developers introduced the family’s expertise into the world’s largest real estate market. The company was among one of the first developers to bring luxury living to the Financial District.
Photo credit: Andrew Werner