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Commercial Properties

In New York City, FOUR PLUS CORPORATION owns a 50% undivided interest in approximately two blocks on the West Side of Manhattan. The other 50% undivided interest is held by various limited liability companies and certain trusts administered by JP Morgan Chase for the benefit of certain descendents of C.E. Appleby, the father of Four Plus Corporation's founder, John S. Appleby.

57th - 58th Street between 11th and 12th Avenues

FOUR PLUS CORPORATION leases this entire block - 160,000 square feet of land - to The Durst Organization, a major New York City real estate development firm. Durst has received approval for a 1,400,000 SF FAR redevelopment for this site, and has developed The Helena, a 37-story, 600 unit apartment building with 20,000 square feet of retail space.

THE HELENA Quick Facts
Building 37 stories/ 600 units/ 20,000 square feet of retail space
Area Distribution Residential/Retail
Location 57th Street at 11th Avenue, New York City, New York
Features The developer is seeking certification for The Helena as a "green" property. This designation means that the developer has sought to incorporate environmental responsibility and sensitivity into the design and construction of the building.
Contact FOUR PLUS CORPORATION
5251 Hampstead High St., Suite 300
Montgomery, Alabama 36116
334.215.4448
334.215.4458 (FAX)
contactus@fourplusco.com

The Helena



Durst also has under development The W 57, a mixed-use residential and commercial project designed by noted architect Bjarke Ingels Group. Known as the “pyramid” building, this multi-family property will soon take its place with other iconic New York buildings.

The W 57 Quick Facts
Property Type Commercial
Building 40 stories/ 700 units/ 45,000 square feet of retail space
Area Distribution Residential/Retail
Location 57th Street at 11th Avenue, New York City, New York
Features Iconic “pyramid” design is a hybrid between the European perimeter block and a traditional Manhattan high-rise design, and offers unobstructed views of the Hudson River.
Contact FOUR PLUS CORPORATION
5251 Hampstead High St., Suite 300
Montgomery, Alabama 36116
334.215.4448
334.215.4458 (FAX)
contactus@fourplusco.com

The W 57



56th - 57th Street between 11th and 12th Avenues

FOUR PLUS CORPORATION owns a majority of the block between 56th and 57th Streets and 11th and 12th Avenues, which is ground leased to TF Cornerstone, a major New York-based multi-family development company.  Cornerstone has rezoned the property to allow for the redevelopment of the site into a mixed-use development containing residential rental and commercial components, totaling approximately 1,000,000 square feet FAR.

SOUTH SIDE OF 57TH STREET Quick Facts
Property Type Commercial
Location 56th - 57th Street at 11th Avenue, New York City, New York
Features Proposed for redevelopment into a mixed-use residential rental and commercial project.
Contact FOUR PLUS CORPORATION
5251 Hampstead High St., Suite 300
Montgomery, Alabama 36116
334.215.4448
334.215.4458 (FAX)
contactus@fourplusco.com

TF Cornerstone



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