50 West Street | The Real Deal New York

The Real Deal New York

trd topics
X


NAME


EMAIL


SUGGESTED
UPDATE


captcha

Please type the words that appear above
Than click SUBMIT
By using this form you agree with the storage and handling of your data by this website.

50 West Street

50 West Street
New York, NY 10006
212-206-6097
Residential, Sales, Condo (Building), Multifamily

The sponsor(s) filed plans on 11/27/13 for a condo project at 50 West Street with 182 residential units. The sponsor(s) were approved to market the units for sale on 05/16/14. TRData has determined that the sponsor(s) have sold more than 80 percent of the sponsor units in the building.

  • Address 50 West Street
  • neighborhood Financial District
  • borough Manhattan
  • owner Time Equities
  • developer Time Equities
  • owner entity 50 WEST DEVELOPMENT LLC
  • architect Slce Architects
  • sales/marketing Time Equities Brokerage, LLC
  • PLANS DISCLOSED 11/27/2013
  • dob permit issued 06/16/2008
  • tco issued 12/30/2016
  • DOB FILE PLANS 11/08/2007
  • DOB FILE Link
  • LIST/LAUNCH SALES 05/16/2014
  • height in feet 778
  • floors 64
  • AG Initial Price $ 1,154,760,924
  • ag file plans 11/27/2013
  • AG FILE Link
  • residential units 182
  • commercial units 15
  • hotel units 0
  • total units 209
  • square feet 428,472
  • const. status BUILDING COMPLETE
  • block and lot 1-00017-7501
  • BIN 1090192
  • documents click here

08/09/18
...which is now developing the 64-story condo tower 50 West Street, employs an in-house curator to head its “Art in Buildings” program. In 2009, Greenburger told...

06/25/18
...of the prewar 101 Wall Street, and Time Equities’ 50 West Street still has nearly 28 percent of its 191 units remaining. How much wiggle room these developers...

06/14/18
...who got in at a low basis at 50 West Street Given that pace, Packes predicted that it would take eight years to sell out...

06/08/18
...Time Equities nabbed a $95 million inventory loan for 50 West Street from First Republic in November. The loan covered 46 unsold units at the 191-unit project...

...who got in at a low basis at 50 West Street Given that pace, Packes predicted that it would take eight years to sell out...

03/29/18
...Francis Greenburger said sales at his condo at 50 West Street "blew the benchmarks away" largely because the development hit a sweet spot in the...

03/27/18
...50 West Street under construction (Credit: Wikimedia Commons) The state Senate has put legislation into the budget...

02/28/18
...Time Equities nabbed a $95 million inventory loan for 50 West Street from First Republic in November. The loan covered 46 unsold units at the 191-unit project...

...Time Equities nabbed a $95 million inventory loan for 50 West Street from First Republic in November. The loan covered 46 unsold units at the 191-unit project...

11/29/17
...at their respective towers at 172 Madison Avenue and 50 West Street. Will Parker and Danielle Balbi contributed reporting...

11/09/17
...50 West Street and Francis Greenburger (Credit: Michael McWeeney) Francis Greenburger’s Time Equities landed a $95 million...

11/02/17
...Barclay, Silverstein Properties' 30 Park Place and Time Equities' 50 West Street. Since the 1980s, the idea of luxury — what buyers expect in terms of design...

10/02/17
...to $3,000 a foot, we are taking buyers to 50 West Street, 5 Beekman Street and 30 Park Place,” said Jeffrey Carlson, the sales manager at Town Residential...

09/14/17
...Clockwise from bottom left: 50 West Street #50D, 125 Court Street #6NE, 61-55 Junction Boulevard 21C, 222 East 32nd Street The number of...

09/08/17
From LLNYC: Kanye West may have claimed last year to be $53 million in debt, but his manager, Izvor “Izzy” Zivkovic, seems to be doing all...

08/10/17
...construction costs as development slows. Sales at His 50 West Street condominium tower in Lower Manhattan have slowed since they launched two years ago, he...

06/27/17
...firm is currently developing the 780-foot-tall condo tower 50 West Street in the Financial District. (To view more of Time Equities' financing transactions, click here...

05/01/17
...just spent $3.7 million on a three-bedroom apartment at 50 West Street in the Financial District — a building in which he designed the interiors — according to...

02/13/17
...A new batch of images for Time Equities' 50 West Street proves that sometimes birds really do get the best view. The aerial shots, which...

12/19/16
...South) and Downtown (Two World Trade Center and 50 West Street). It even reveals how Brooklyn’s skyline will be impacted JDS Development’s 9 DeKalb...

11/03/16
...whose firm handles such projects as Time Equities’ 50 West Street in Lower Manhattan. “We don’t do resales. A person who works for us...

09/23/16
...on rental-to-co-op conversions to his decades-in-the-making development of 50 West Street — a $550 million, 189-unit luxury condominium in Lower Manhattan — Greenburger has quietly nurtured several side...

...CEO Francis Greenburger decided to halt construction at 50 West Street. He eventually resumed building, and the 189-unit luxury condo now has a projected sellout...

...on rental-to-co-op conversions to his decades-in-the-making development of 50 West Street — a $550 million, 189-unit luxury condominium in Lower Manhattan — Greenburger has quietly nurtured several side...

...designed a luxury condominium for Time Equities at 50 West Street, put it, “The distance of time is something that makes a building better or...
  • Event Financing
  • Address 50 West Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Publication Date 10/01/2013
  • Event Date 08/22/2013
  • Party 1 Time Equities
  • Party 2 PNC Bank, Wells Fargo, Elliott Management
notes
A $400 million construction loan was provided for the development. The debt financing came from PNC Bank, which led a $288 million loan syndication that also includes Wells Fargo and other major banks. Time Equities also secured $110 million in equity financing from hedge fund management firm Elliott Management for the tower. 63-story apartment building.

The strength of the Manhattan luxury market is continuing to buoy some of the city’s largest and most established firms, The Real Deal’s annual ranking...

03/14/14
...was a $288 million construction loan at Time Equities’ 50 West Street in Lower Manhattan. Some mortgage professionals privately complain about what they say are structural...