One Beacon Court (151 East 58th Street)
151 East 58th Street, New York, NY 10022
- Year built
- 2005
- Type
- Condominium
- Units
- 105
- Floors
- 55
- Landmark
- No
- Pets
- Permitted under condominium rules
- Subletting
- Permitted under the condominium declaration
- Pied-à-terre
- Allowed
One Beacon Court is the most architecturally and operationally distinctive trophy condominium in Midtown East — a Cesar Pelli–designed 55-story tower completed in 2005 that pairs 105 ultra-luxury residences (in the upper 24 floors) with Bloomberg L.P.'s headquarters offices in the floors below, all organized around an elliptical privately-owned public courtyard (Beacon Court) at the ground level. The architectural ambition is unusually substantial for a Manhattan condominium development: Pelli's design integrates three distinct programs (residential, commercial office, public retail-courtyard) into a single tower without compromising the architectural posture of any of them, and the building has been recognized within the architectural community as one of the more accomplished mixed-use towers built in New York in the 21st century.
Cesar Pelli's commission carries particular weight. The firm — Pelli Clarke Pelli, whose portfolio includes the Petronas Towers (the tallest building in the world at completion in 1998), the World Financial Center (1988), and substantial public-realm commissions in cities globally — translated their typical large-scale modernist vocabulary into a Manhattan residential tower with the specific design challenge of organizing the building around the Beacon Court courtyard. The result is an elliptical curtainwall-clad chamfered base that forms the courtyard at street level, transitioning to a more conventional rectangular tower in the upper residential floors.
The residential portion begins on the 32nd floor — a deliberate decision that places every apartment above the commercial uses below and ensures unobstructed view envelopes from every unit. The 60 distinct floor plans across the 105 residences accommodate configurations from 2 BR to 6 BR, with the largest apartments occupying multi-floor penthouses at the top of the tower. View altitude is exceptional; apartments above the 50th floor look across Central Park to its northern boundary, the East River and Queens to the east, the Empire State Building and downtown to the south, and the Hudson and New Jersey to the west.
The building's notable transactional history includes one of the larger price reductions in NYC penthouse marketing history — a billionaire's penthouse asking price was cut by approximately $70 million during its marketing window (as covered by 6sqft and The Real Deal), an editorial datapoint that captures both the building's ambition in pricing and the realism that emerged in secondary-market trades. The Vornado development team — also the sponsor of 220 Central Park South — built One Beacon Court at the previous generation of Manhattan trophy condominium scale, before 220 CPS established the supertall trophy template.
For buyers, One Beacon Court represents a particular tier of modern Manhattan condominium inventory: architectural pedigree (Pelli), mixed-use sophistication (Bloomberg HQ below, public courtyard at ground level), 105-residence scale that produces broader buyer dynamics than the smallest tier-one supertalls, and Midtown East positioning at the geographic center of the city's business and luxury corridors.
Architecture and unit composition
The 105 condominium residences span configurations from approximately 2,000 sf 2BRs to multi-floor penthouses exceeding 12,000 sf. The 60 distinct floor plans reflect Pelli's design preference for varied apartment configurations rather than repetitive stack-and-extrude layouts; buyers should expect meaningful variation between apartments of nominally similar bedroom counts.
Pelli's modernist signatures throughout: floor-to-ceiling glass on primary exposures, 10–11 foot ceilings, modern open-plan kitchens, and primary bathrooms with substantial finish material. The 2005 vintage means the building's mechanical and electrical systems are well into their planned lifecycle but pre-date the most recent technology cycle; capital improvements have been ongoing.
View altitude is the building's structural advantage. Residences beginning on floor 32 means every unit has unobstructed sight lines. Central Park views are available from north-facing apartments (the Park sits approximately five blocks north); the highest floors look across the Park's southern boundary to the Park itself, with sight lines extending to upper Manhattan. East-facing apartments look across the East River and Queens; south-facing toward downtown; west-facing toward the Hudson and New Jersey.
The 29th-floor amenity package occupies a full floor below the residential start, with fitness facilities, pool, residents' lounge, and dining infrastructure typical of 2005-era luxury condominium programming.
Building operations
One Beacon Court operates as a luxury condominium with full-time doorman, 24-hour concierge, valet parking, fitness center, pool, and the broader amenity package. The Beacon Court courtyard at ground level is privately-owned public space and is open to the public during designated hours — residents access the residential lobby separately, with no direct interaction with the public-courtyard traffic.
The mixed-use program (residential above, Bloomberg HQ below, public courtyard at ground) is structurally part of the building's identity. Bloomberg's tenancy in the office floors provides operational stability — the building's commercial use is anchored by a single substantial tenant rather than fragmented across multiple smaller tenants.
Common charges and property taxes are substantial. A 3,000 sf 3BR carries common charges in the range of $5,000–$8,000/month plus property taxes that can run $3,000–$6,000/month depending on apartment specifics. Total monthly carry on substantial apartments ranges $12,000–$25,000.
Specific condominium policies (financing posture beyond standard condo flexibility, common charge tiers, any building-specific assessments) should be confirmed directly with property management during due diligence.
Recent sales
Last 5–10 closed sales at One Beacon Court (replace this section with current ACRIS data — pull at publication time and refresh quarterly):
[Recent sales table to be populated from ACRIS]
Sales context at One Beacon Court (from CityRealty, StreetEasy, and 6sqft coverage):
- Inventory turnover is moderate given the 105-unit scale; typically 5–10 transactions per year.
- Pricing spans a range — smaller 2BRs in the $3M–$6M range; larger 3–4BRs in the $6M–$15M range; full-floor and combined penthouse configurations in the $15M–$50M+ range.
- A high-profile penthouse marketing event saw approximately $70M of asking-price reduction during its window — among the larger reductions in modern Manhattan trophy penthouse marketing — a useful editorial datapoint on the building's pricing dynamics at the top of the inventory.
- Public listing through StreetEasy and Compass private exclusive is standard for most inventory; private network outreach matters for higher-priced apartments.
What to know if you’re buying
The Pelli architectural pedigree is real. Among Manhattan modern condominium inventory, One Beacon Court's design pedigree is distinguished — Pelli's portfolio gives the building architectural identity that purely-commercial condominium developments don't carry.
View altitude is unusually consistent. Residences begin at floor 32, so every apartment has unobstructed view envelopes. This is structurally different from supertalls where lower-floor inventory has constrained views.
The mixed-use program matters operationally. Bloomberg HQ below + public courtyard at ground level produce a daily-life signature different from pure-residential buildings. The residential entrance is fully separated, but the building's overall identity is mixed-use.
Condo flexibility is real. 30–45 day closings; foreign buyers welcome; pied-à-terre and investment use permitted under the declaration; subletting allowed.
The 60 floor plans matter for buyer due diligence. Don't assume apartments of similar bedroom counts are interchangeable. View specific units in person; the variation is meaningful.
Mansion tax cliff effects routinely apply. At One Beacon Court pricing, multiple cliff thresholds ($5M, $10M, $15M, $20M) apply. Run pricing through the Mansion Tax Calculator.
Pricing in the secondary market is currently reasonable. The building's modern-era inventory (2005 completion) is mature; secondary-market pricing has settled into rational levels relative to the sponsor-era pricing of newer supertalls. The penthouse $70M asking reduction is the canonical signal that the market has set realistic price points.
What to know if you’re selling
Marketing typically combines public listing and direct broker outreach. Public channels (StreetEasy, Compass private exclusive) work for most inventory; private network outreach matters for higher-priced and penthouse configurations.
Pricing requires apartment-level comparable analysis. The 60 floor plans produce meaningful within-building variation; view, exposure, floor altitude, configuration all matter.
The Pelli architectural identity is a marketing asset. Listing copy should reference the Pelli design, the Beacon Court courtyard, and the building's place within the modern Manhattan condominium tradition.
Closing timelines are condo-fast. 30–45 days from contract signing to closing.
The Roebling Team at One Beacon Court
The Roebling Team at Compass specializes in Central Park West, the Upper East Side, and the broader Park-facing Manhattan trophy market — including the modern Midtown East condominium corridor. We publish this building profile because trophy condo buyers and sellers deserve building-specific intelligence — architecture, operational reality, transactional mechanics, and pricing at the apartment level — not generic market commentary.
If you're considering a purchase or sale at One Beacon Court, a 30-minute consultation is the right starting point. We'll bring the full context this page provides plus the transactional specifics your situation requires — financial structuring, comparable analysis at the apartment level, and the pacing strategy that fits your timeline.