Revealed: Prices, floor plans for Aby Rosen’s 100 East 53rd

Foster + Partners designed tower has total sellout of $763M

New York /
May.May 15, 2015 03:15 PM

Aby Rosen’s luxury condominium at 100 East 53rd Street will have an average sales price of more than $4,000 per square foot,  according to an offering plan filed with the Attorney General’s office.

Located next to Rosen’s iconic Seagram Building, the 61-story tower will have 99 total units and a sellout of $761.8 million, including a $55 million penthouse, according to the offering plan, which was reviewed by The Real Deal.

According to the offering plan, which is yet to be approved, prices start at $3.3 million for a 1,140-square-foot one-bedroom on the fifth floor of the Norman Foster-designed tower.

The most expensive unit is a duplex on the top two floors of the building, asking $55 million, or just over $8,100 per square foot. Another duplex, on floors 10 and 11, will ask $35 million, or just under $5,300 per square foot.

The building will also have 11 full-floor units, on floors 48 through 58. Measuring 3,385 square feet, they will start at $18.5 million, or just under $5,500 per square foot. Unit 58A will ask $22.6 million, nearly $6,700 per square foot.

After weathering years of delays, Rosen’s RFR Holding brought Hines and China Vanke, the largest publicly traded developer in China, on board as partners last year. In March, China Cinda paid $140.5 million for a majority stake in the project.

Last month, the developers secured a $360 million loan from the Industrial and Commercial Bank of China to finance the development of the new luxury tower.

According to plans filed with the city’s Department of Buildings, 100 East 53rd will have a lounge and library on the third floor, as well as a swimming pool, gym and yoga studio on the fourth floor. Compass is marketing the project.

The building will also have 50 storage licenses, being offered for $20,000 per license, and 55 bicycle storage licenses, being offered for $3,000 each, according to the offering plan.


Related Articles

arrow_forward_ios
From left: 290 Park Place and 28 Willow Street in Brooklyn (Getty, Google Maps)
Historic townhouses top Brooklyn’s luxury market
Historic townhouses top Brooklyn’s luxury market
TRD's Harrison Connery, Orion Jones and Hiten Samtani
Watch: Understanding Compass’ latest financials
Watch: Understanding Compass’ latest financials
A photo illustration of Compass' Robert Reffkin (Getty, Compass)
Compass’ path to profitability comes into view
Compass’ path to profitability comes into view
56 Middagh Street and 50 Bridge Park Drive #20B (Streeteasy, Quay Tower BK, Getty)
Brooklyn Heights townhouse, Quay Tower score borough’s biggest contracts
Brooklyn Heights townhouse, Quay Tower score borough’s biggest contracts
Harbor Group International's Jordan Slone with with 51 West 52nd Street
TRD Pro: Top office sales of the past year
TRD Pro: Top office sales of the past year
1 Pierrepont Street and 285 Union Street (Google Maps)
Brooklyn Heights condo tops borough’s luxury market
Brooklyn Heights condo tops borough’s luxury market
(Illustration by The Real Deal; Getty)
When real estate agents fire clients
When real estate agents fire clients
Priyanka Singh (Compass, Getty)
Another C-suite shakeup at Compass: Top HR exec is out
Another C-suite shakeup at Compass: Top HR exec is out
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...