The Real Deal New York

New Condos: Chelsea
500 West 21st Street

July 10, 2014 11:47AM

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Sherwood Equities’ 500 West 21st Street, situated a short walk from the High Line, launched in February 2014. The West Chelsea project is home to 32 apartments. The residence features a 40-foot-high wall of plants, trees and greenery, shaped by landscape architect Rees Roberts, so residents won’t be disturbed by High Line visitors. Kohn Pedersen Fox designed the building, and Mark Zeff handled the interiors. Amenities include a children’s playroom, a concierge and a 2,000-square-foot fitness center designed by The Wright Fit. As of press time, 28 units in the building were in contract. And there were two units on the market, including a 2,531 square-foot three-bedroom for $6.15 million and a 3,908 square-foot, four-bedroom penthouse for $16 million. Contact www.500w21.com or 212-242-0021.

NAME500 West 21st StreetPRICE RANGEFrom $6,150,000 to $16,000,000
ADDRESS500 West 21st StreetSIZE RANGEFrom 2,531 Sq Ft to 3,908 Sq Ft
TYPENew BuildingAVG PPSF$2002
TOTAL UNITS32TAX ABATEMENTNo
DEVELOPERSherwood EquitiesAVG COMMON CHARGE$1.61/sf
BROKERCorcoran SunshineFINISHED BYFall/Winter 2015

Source: Streeteasy, BuzzBuzzHome, TRD, news reports. Data as of early July. List primarily includes Manhattan condo projects that have started sales since Jan. 1, 2010 that have units on market. Projects that started sales since Jan. 1, 2010 that subsequently sold out, have all units in contract or don’t currently have any listings on the market were excluded in most cases. “Price range,” “Size range,” “Avg PPSF (Price Per Square Foot)” and “Common Charge” refer to units currently for sale.
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