The Real Deal New York

New Condos: Chelsea
551 West 21st Street

July 10, 2014 11:40AM

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551 w 21 st int
551 w 21

The Hudson River-adjacent condo building at 551 West 21st Street is evidence of how much New York City has changed since Hurricane Sandy: The building will feature a waterproof concrete wall for storm protection. Two months after sales were launched in late February, seven units at the Norman Foster-designed 20-story, 44-unit building were on offer. The least expensive unit was asking $7.25 million for a 2,985-square-foot two-bedroom. The priciest penthouse was listed for $50 million; it’s 6,265 square feet and comes with a 4,000-square-foot rooftop deck with a private swimming pool. Building amenities include a doorman, valet service and a gym. Occupancy is slated for fall 2015. Contact www.551w21.com or 212-317-3680.

NAME551 West 21st StreetPRICE RANGEFrom $7,250,000 to $50,000,000
ADDRESS551 West 21st StreetSIZE RANGEFrom 2,773 Sq Ft to 6,265 Sq Ft
TYPENew BuildingAVG PPSF$3,647
TOTAL UNITS44TAX ABATEMENTNo
DEVELOPERScott ResnickAVG COMMON CHARGE$1.69/sf
BROKERBrown Harris Stevens Development MarketingFINISHED BY2015

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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