The same developers behind Chelsea’s high-profile Walker Tower conversion have started construction on another prewar building originally designed by Art Deco genius and former AIA President Ralph Walker.
Developers JDS Development and Property Markets Group bought the 435 West 50th Street building on the border of Hell’s Kitchen and Midtown for $20 million last July. There will be 65 residential units across 115,000 square feet in the 300,000-square-foot building. Amenities will include a lounge and fitness center, residential storage and bike storage.
The previous owner, Verizon, will keep the lower floors for office space and operations while the condos are built above, The New York Observer reports.
A Long Island real estate developer has listed his octagonal CitySpire penthouse, with the highest terraces in New York City, for the equally dizzying asking price of $100 million.
Steven Klar, the president of The Klar Organization, put his 8,000-square-foot, 135-window triplex apartment at 150 West 56th Street on the market Friday through Prudential Douglas Elliman, The New York Times reported.
The unit, which spans the 73rd to 75th floors, has six bedrooms, nine bathrooms and 3,000 square feet of wrap-around terrace space.
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