In the shadow of the gargantuan Time Warner Center on Columbus Circle, a century-old onetime telephone exchange is being renovated and expanded into a boutique condominium with 16 residences.
In the $27 million transformation, 11 apartments, each with two or three bedrooms and 1,800 to 2,700 square feet, will be carved from the existing five-story structure at 426 West 58th Street, near Ninth Avenue. Rising atop that neo-Renaissance style building, built between 1900 and 1906 for the New York Telephone Company, will be a six-story addition comprising five apartments of 2,600 to 3,700 square feet each.
Motivating the conversion of the building, to be known as West 58, is its location in a neighborhood whose changes are most dramatically signaled by the Time Warner Center.
Discuss West 58 at Wired New York Forum
Pictures of West 58
Construction of West 58. 9 July 2005.