The Real Deal New York

New Condos: Midtown
Halcyon at 305 East 51st Street

July 10, 2014 11:58AM

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The Halcyon at 305 East 51st Street is a 32-story luxury condo building with a tragic past: Back in 2008, a crane collapsed at the construction site, killing seven people and damaging property. Since sales launched in July 2013, 67 of the 123 units at the HFZ Capital-developed, SLCE Architects-designed residence have found a buyer. On the market at press time were six homes ranging from an 954-square-foot one-bedroom, asking $1.975 million, to a 3,563-square-foot four-bedroom duplex penthouse, asking $11.75 million. The project’s interiors are designed by S. Russell Groves, whose work also includes a Tiffany store in Shanghai and the Upper East Side’s Lucida condominium. Amenities include a children’s playroom, a 50-foot heated pool, a gym, and an outdoor lounge with a landscaped terrace and fire pit. Occupancy is slated for fall/winter 2014, according to press reports. Contact www.halcyonny.com or 212-369-5100.

NAMEHalcyon PRICE RANGEFrom $1,975,000 to $11,750,000
ADDRESS305 East 51st StreetSIZE RANGEFrom 954 Sq Ft to 3,563 Sq Ft
TYPENew BuildingAVG PPSF$2,208
TOTAL UNITS123TAX ABATEMENTYes
DEVELOPERHFZ Capital GroupAVG COMMON CHARGE$1.13/sf
BROKERCorcoran SunshineFINISHED BYFall/Winter 2014
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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