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    605 West 42nd Street

    605 West 42nd Street
    New York, NY 10036
    Residential, Sales, Leasing/Rental, Condo, Multifamily

    605 West 42nd Street is a building in the Clinton neighborhood of Manhattan. The property has 235 total units. The building is owned by Moinian Group. The building was completed in November of 2015.

    • Address 605 West 42nd Street
    • neighborhood Clinton
    • borough Manhattan
    • owner Moinian Group
    • PLANS DISCLOSED 04/04/2013
    • dob permit issued 10/01/2014
    • tco issued 11/30/2015
    • DOB FILE PLANS 04/04/2013
    • DOB FILE Link
    • floors 60
    • ag file plans 09/11/2008
    • residential units 235
    • total units 235
    • const. status Building Complete
    • block and lot 1-01090-7502
    • Event Financing
    • Address 605 West 42nd Street
    • Neighborhood Hell's Kitchen
    • Borough Manhattan
    • Square feet 888,123
    • Price $ 550,000,000
    notes
    The developer acquired a loan for its Sky prokect for $550 million.
    • Event Retail Leasing
    • Address 605 West 42nd Street
    • Neighborhood Midtown West
    • Borough Manhattan
    • Square feet 60,000
    notes
    The German car company signed a 15-year lease.
    • Event Retail Leasing
    • Address 605 West 42nd Street
    • Neighborhood Midtown
    • Borough Manhattan
    • Square feet 70,000
    • Publication Date 03/01/2016
    • Event Date 01/01/2016
    • Party 1 Moinian Group
    • Party 2 Life Time Fitness
    notes
    The gym signed a lease.
    • Event Financing
    • Address 605 West 42nd Street
    • Neighborhood Clinton
    • Borough Manhattan
    notes
    A $50 million mezzanine loan was provided for the construction of the rental building. As part of the deal, SL Green will have the option to acquire a stake of up to 20 percent in the project. 1,174-unit apartment building.
    • Event Financing
    • Address 605 West 42nd Street
    • Neighborhood Clinton
    • Borough Manhattan
    • Square feet 1,160,000
    • Publication Date 09/01/2014
    • Event Date 07/23/2014
    • Party 1 Moinian Group
    • Party 2 New York State Housing Finance Agency, Bank of China, Ullico
    notes
    A $539 million construction loan was secured for the new luxury residential tower. apartment building, 1,174 units total.
    • Event Sales
    • Address 553 11th Avenue
    • Neighborhood Clinton
    • Borough Manhattan
    • Price $ 24,500,000
    • Publication Date 03/01/2008
    • Event Date 01/21/2008
    • Party 1 ExxonMobil
    • Party 2 The Moinian Group
    notes
    The former site of a gas station sold for $24.5 million. The property is next door to the buyer's 46-story, 478-unit Atelier condominium at 627 West 42nd Street.
    • Event Sales
    • Building Name 563-569 11th Avenue
    • Address 569 11th Avenue
    • Neighborhood Clinton
    • Borough Manhattan
    • Square feet 75,000
    • Price $ 120,000,000
    • Price per foot $ 1,600.00
    • Publication Date 11/01/2005
    • Event Date 09/22/2005
    • Party 1 Verizon
    • Party 2 Moinian Group
    • Party 2 Brokerage Newmark Grubb Knight Frank
    • Party 2 Broker David Noonan
    notes
    The building, sold for $120 million, will be demolished for residential condos when Verizon's lease expires at the end of the Third quarter of 2006. Verizon Building.
    • Event Sales
    • Building Name Verizon Building
    • Address 563-569 11th Avenue
    • Neighborhood Midtown
    • Borough Manhattan
    • Price $ 120,000,000
    • Publication Date 11/01/2005
    • Event Date 09/17/2005
    • Party 1 Verizon
    • Party 2 Moinian Group
    • Party 2 Brokerage Newmark Grubb Knight Frank
    • Party 2 Broker David Noonan
    • Event Sales
    • Building Name 563 11th Avenue, 605 West 42nd Street and 604 West 43rd Street
    • Address 604 West 43rd Street
    • Neighborhood Clinton
    • Borough Manhattan
    • Square feet 60,000
    • Price $ 120,000,000
    • Price per foot $ 2,000.00
    • Publication Date 03/01/2005
    • Event Date 01/20/2005
    • Party 1 Verizon
    • Party 2 Joe Moinian
    notes
    Contiguous plots; expected to become apt. tower

    03/15/2018
    New York's skyline has been filling up with one tower after another, and many of these projects are being designed by the top architecture firmsNew York's skyline has been filling up with one tower after another, and many of these projects are being designed by the top architecture firms...

    09/01/2015
    The Moinian Group’s 61-story rental tower Sky at 605 West 42nd Street is nearing completion...

    11/01/2013
    Other new large rental projects in the pipeline include the Moinian Group’s under-construction 605 West 42nd Street...
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