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FirstService Will Manage Hines’ MoMA Condo Tower
FirstService Residential has been appointed to oversee the management of 53 W. 53rd St., an 82-story residential condominium tower adjacent to and directly above the Museum of Modern Art (MoMA). The property is being developed by a partnership of Hines, Pontiac Land Group and Goldman Sachs.
“Running luxury high-rises is very different from managing more conventional residential buildings because of both their vertical height and the level of amenities and service they require,” said FirstService Residential’s Marc Kotler.
He added, “FirstService Residential is currently handling the management of three of the tallest residential buildings in North America, and we’re excited to leverage this expertise in supporting the operations of the city’s most breathtaking new building.”
With 161 residences, the 1,050-foot-tall tower will devote several of its lower floors to gallery space for MoMA. The property’s remaining floors will be given over to the property’s condos, amenities and restaurants.
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