purchased the site in 2005. It originally held a gas station and a parking facility. The project first broke ground in 2008, but construction was stalled due to the recession from 2009 until 2012, and the project was dubbed, like several nearby developments, a "zombie project" because Moinan retained ownership of the site but did not continue development. Activity resumed with a redesign by David Rockwell, replacing the original by Costas Kondylis. Construction began again in 2013, and was completed in 2016. Tishman Realty & Construction was the firm responsible for the construction of the building. In 2015, residents of neighboring building Atelierfiled suit against Moinian because access to their pool and other amenities had been blocked off and were now only accessible by walking outside and going into the Sky building's Sky House. They claim they were promised reciprocal access to all of Sky's amenities, which have yet to occur. The building of Sky cost approximately $850 million. SL Green owns a minority stake in the building.
Usage
Sky has the most rentals of any building in any borough of New York, with 1,175 units. The top few floors contain the penthouses. The basketball court has attracted many athletes to the building. Notable residents have included Nina Agdal, New York Knicks' starting players, Kristaps Porzingis and Sasha Vujačić, along with others.
Art
Sky features art from world renowned artists such as Yayoi Kusama and Günther Förg. A Kusama bronze pumpkin stands tall in the center of the Infinity LoopMotor Court, while two "Infinite Net” pieces hang above the fireplaces in the lobby. Kusama's bronze pumpkins were exhibited in London at Victoria Miro in 2014 for the first time and along with her other artwork, they have also been displayed in several countries. Six "Lead Paintings" from Förg line the wall adjacent to the mail gallery. These works, installed in a line to create a frieze-like effect, encourage viewers to consider the space between them, and the surrounding environment, as part of the extended field of painting. In June 2017, SKY ART NY opened. SKY ART is a temporary nonprofit art center created to present the exhibition Ugo Rondinone: I <3 John Giorno, produced by Frahm & Frahm and Moinian Group. Versatile and ever-changing, the almost 10,000 square foot space and 30 foot high ceilings allow for the display of large-scale sculpture and site-specific installation, giving ambitious scope for a variety of curatorial projects. As of February 2018, the space formerly hosting SKY ART has been marketed for retail occupancy.