7 Secrets Of 9 West 57th Street: Inside The Billion-Dollar Solow Building And Its $200/SF Leases
Few addresses in New York City command the prestige and mystique of 9 West 57th Street. More commonly known as the Solow Building, this Midtown Manhattan skyscraper stands as a testament to architectural genius and financial power, consistently attracting the world’s most elite tenants. As of late 2025, the tower remains a beacon of the luxury office market, evidenced by its recent securing of major long-term leases at staggering rents exceeding $200 per square foot, a clear signal of its enduring status as a 'trophy office' destination.
This article dives deep into the history, unique design, and current status of 9 West 57th Street, exploring why it continues to dominate the competitive landscape of Billionaires’ Row. From its iconic sloping facade designed by a legendary architect to the high-stakes developments led by its current owner, the Soloviev Group, the story of this building is a microcosm of New York's relentless pursuit of architectural and commercial excellence.
The Solow Building at a Glance: Key Facts & Profile
The building at 9 West 57th Street is not merely an office tower; it is a landmark that has shaped the New York City skyline since its completion.
- Official Name: The Solow Building
- Address: 9 West 57th Street, Midtown Manhattan, New York City, NY 10019
- Completion Year: 1974
- Architect: Gordon Bunshaft of Skidmore, Owings & Merrill (SOM)
- Owner/Developer: Soloviev Group (formerly Solovieff Realty Co., LLC)
- Height: 689 feet (210 meters)
- Floors: 50
- Iconic Feature: Distinctive concave, sloping facade on both the north and south sides.
- Art Installation: The iconic red number “9” sculpture at the entrance, designed by Ivan Chermayeff.
The tower was a passion project of Sheldon Solow, and after his passing, it is now managed by the Soloviev Group, led by Stefan Soloviev.
A Masterpiece of Modern Architecture on Billionaires' Row
The design of the Solow Building is its most striking feature and a key reason for its enduring appeal. Designed by the renowned Gordon Bunshaft of SOM, the building's architecture was a triumph of form meeting function.
The Iconic Sloping Facade
The building's signature look is its concave, sloping facade, which curves inward as it rises. This unique design was not purely aesthetic; it was a brilliant solution to maximize interior capacity while adhering to the complex zoning rules of New York City at the time, which mandated sufficient public space. The innovative glass and steel structure ensures that the tower stands out even among the modern supertalls of Billionaires' Row.
The Red '9' and Public Space
Adding a touch of artistic flair is the massive, bright red number “9” sculpture situated near the building entrance. Created by designer Ivan Chermayeff, the sculpture has become a recognized symbol of the building and the 57th Street corridor. The building also features a Privately Owned Public Space (POPS), which is an essential part of its relationship with the city's urban environment.
The Financial Elite: Who Calls 9 West 57th Street Home?
The Solow Building is synonymous with wealth, power, and exclusivity, consistently housing some of the world’s most powerful financial and luxury firms. Its tenants are a who’s who of global finance and high-end retail, cementing its status as a "trophy office" location.
The $200-Plus Per Square Foot Leases
In a major testament to the building's value, the Soloviev Group recently announced securing three new long-term leases at asking rents exceeding $200 per square foot. These deals, totaling over 40,000 square feet, highlight the fierce demand for premium, high-quality office space in this prime location, despite broader trends in the commercial real estate market.
Prestigious Tenant Roster
The impressive tenant list spans multiple sectors, including hedge funds, private equity, and luxury goods. Major occupants include:
- Apollo Global Management: A dominant force in private equity and asset management.
- CHANEL: The iconic French luxury fashion house.
- Loews Corporation: A diversified holding company.
- Qatar Investment Authority: The sovereign wealth fund of Qatar.
- Hess Group: The oil and energy company, which recently took a significant new office space.
- Davidson Kempner Capital Management: A prominent hedge fund.
- Tikehau Capital: A global asset management group.
This roster of large-footprint occupiers underscores the building's appeal as a secure, prestigious, and strategically located base for global operations.
The Soloviev Group's Vision: Beyond the Tower
The current owner, the Soloviev Group, is actively shaping the future of its holdings and the surrounding Manhattan real estate landscape. Their activities go beyond simply managing the Solow Building, demonstrating a broader vision for development in New York City.
The Manhattan Casino Proposal
In one of the most significant recent developments, the Soloviev Group has been heavily involved in pitching a major casino plan for Manhattan. The proposal, which includes an equity bet for New York City residents, showcases the group's ambition to create large-scale, transformative projects.
New Luxury Dining and Billionaires' Row Projects
In a move to enhance the building's luxury amenities, the Soloviev Group announced a collaboration with Kent Hospitality Group to launch an exclusive dining experience at 9 West 57th Street. Furthermore, the group is making waves with plans for a major new development on Billionaires' Row, confirming their continued commitment to the city's most exclusive real estate corridor.
The combination of a historically significant structure, high-value commercial deals, and an ownership group with major development ambitions ensures that 9 West 57th Street will remain a focal point of New York's financial and architectural narrative for years to come. The Solow Building is not just a location; it is a symbol of enduring power and innovation in the heart of Manhattan.
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