Walker Tower, Restored and Reinvented Art Deco Classic in Downtown Manhattan, Launches Residential Sales

June 27, 2012
NEW YORK, June 26, 2012— JDS Development Group, Property Markets Group and CORE announce that sales have commenced at Walker Tower, the luxury condominium conversion of an iconic pre-war Art Deco building designed by the late influential architect Ralph Thomas Walker. Located at 212 West 18th Street in Manhattan’s Chelsea neighborhood, Walker Tower has been painstakingly restored and modernized, resulting in 50 expansive condominium units (including 8 penthouses) that combine rich historic detail with all the conveniences of upscale residential living.

Built in 1929, before neighborhood height limits were enacted, Walker Tower soars above its surroundings, offering buyers unobstructed and protected Manhattan views in all directions, including stunning views of the Hudson River, Empire State Building and Midtown Manhattan skyline, the rising One World Trade Center tower and the Statue of Liberty. Many units, which range in size from 1 to 5 bedrooms and 1,350 square feet to 6,500 square feet, feature large private terraces, a design perk attributed to Walker’s signature architectural “setbacks.”

The sweeping residences feature soaring ceilings reaching nearly 14 feet high, as well as numerous custom interior finishes, including French herringbone beveled oak flooring, tilt-and-turn windows up to 9.5’ high and 5’ wide, Smallbones of Devizes kitchen cabinetry and lighting packages designed by Kugler Ning. In addition, all residences feature hydronic radiant floor heating, state-of-the-art Crestron Home Automation Systems with 9” touchscreen displays and iPad docks, Dornbracht fixtures, full size washers and dryers, marble and limestone countertops, and Sub-Zero and Miele appliances. Select residences feature wood-burning fireplaces with marble enclosures.

The comprehensive amenities package at Walker Tower includes a 24-hour doorman, concierge, ornate lobby with patterned terrazzo floors, library lounge, children’s playroom, bicycle storage room, fitness center with yoga, sauna and steam rooms, and a landscaped common roof deck with dining area, sun lawn, observation area and covered cabana room with pantry and bar.

Ralph Walker, hailed in the New York Times as the “architect of the century,” is best known for his Lower Manhattan masterpieces, One Wall Street and the Barclay-Vesey Building, as well as for his work on the 1933 and 1939 World’s Fairs. He designed 212 West 18th Street for the New York Telephone Company, and it remained a telephone industry building until its purchase and renaming by JDS Development Group and Property Markets Group. New York-based architecture firm Cetra/Ruddy oversaw the building’s meticulous restoration and conversion.

“The location, height and beautiful original details of Walker Tower gave it great potential to be a special place to call home, but it needed the right team to execute that vision,” said Michael Stern, Managing Partner of JDS Development Group. “We’ve treated the building with great care and compassion, and once our renovation is complete, Walker Tower will honor the great Art Deco architecture of New York while also becoming a modern icon.”

CORE, the exclusive sales and marketing agent for Walker Tower, will kick off the building’s formal sales campaign with an evening event held for top brokers in Walker Tower’s model residence. The fully furnished 3,150-square-foot home features 3 bedrooms (plus a home office), 3.5 bathrooms and a private 1,026-square-foot terrace.

“Walker Tower is a superior product, and we are very excited about bringing its 50 incredible residences to the market, ” said Shaun Osher, co-founder and CEO of CORE. “The surging luxury real estate market in Manhattan shows no signs of slowing down, and we know that these discerning buyers will respond very positively to Walker Tower.”

Occupancy at Walker Tower is slated for 2013. For more information on the project, please visit walker-tower.com or call the sales office at 212-335-1800.