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The Centrale
138E50thNYC.jpg
138 East 50th Street on May 24, 2019.
General information
Status Complete
Type Residential
Location 138 East 50th Street
Manhattan, New York City
Coordinates 40°45′21″N 73°58′19″W / 40.75590°N 73.97190°W / 40.75590; -73.97190
Construction started 2016
Completed 2019
Height
Roof 803 ft (245 m)
Technical details
Floor count 64
Floor area 220,639 square feet (20,498.0 m2)
Design and construction
Architect Pelli Clarke Pelli
Developer Ceruzzi Properties, SMI USA

The Centrale, officially known as 138 East 50th Street, is a tall building in Midtown Manhattan, New York City. It is a residential building, meaning people live there.

About The Centrale Building

This building has 124 homes called condominiums. A condominium is an apartment that you own, rather than rent. The Centrale also has shops on its ground floor. It is located in an area of Manhattan known as Midtown East, between Third Avenue and Lexington Avenue. The companies that built it planned to sell these homes.

How The Centrale Was Built

Early Plans and Changes

The land where The Centrale stands was first bought in January 2012 by a company called Extell Development. They sold it to Ceruzzi Properties in August 2014.

When plans were first made in 2014, the building was going to be a 52-story hotel. It was planned to be about 502 feet (153 m) tall and have 764 rooms. However, by 2015, the plans changed a lot. The new design showed a much taller building. It would be 64 stories high and about 803 feet (245 m) tall. This new plan was for a condominium tower, not a hotel.

Construction and Completion

Construction on The Centrale began in the middle of 2016. By November 2017, the building reached its full height, which is called "topping out." To help pay for the building, the developers received a large loan of $300 million in August 2017. The building was fully finished in early 2019. Later, in February 2020, another loan of $350 million was given to the developers. This loan helped with the remaining homes that had not yet been sold.

See also

Kids robot.svg In Spanish: The Centrale para niños

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