15 William Street Condominium
15 William Street, Manhattan, NY 10005
Overview
- Units
- 320 residential · 2 commercial
- Subway
- 2 min walk to Wall St 2 3Broad St J Z, 3 min
- Developers
- Donajem Holdings LLC, Sapir SDS Holdings LLC, SDS Strategic Investors LLC
- Principals
- S. Lawrence Davis, Alex Sapir, André Balazs, Joseph Ginex
- Offering price
- $415.7 million total $448 million when first offered
- Floor plans
- Pages 356–357 of the plan
The sponsor of record is 15 William (NY) Owner, LLC, represented by Marans Newman Tsolis & Nazinitsky LLC. The offering plan runs 524 pages. The sponsor has filed 54 amendments, the latest in June 2018. The nearest other condo plan on file is Exchange At 25 Broad Street Condominium, next door.
Plan CD060330 · New · accepted Nov 30, 2006 · AG record ↗
Compare
| Figure | This building1 | Visionaire2252 units · 0.4 miaccepted 2006 | Setai Condominium Residences At 40 Broad St.3166 units · 0.1 miaccepted 2006 |
|---|---|---|---|
| Average Offering PricePer Apartment | $1.4MIn line | $1.64M | $1.11M |
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Unit mix, closings, budgets, finishes and the team, against Visionaire and Setai Condominium Residences At 40 Broad St., cited to the offering plans. No credit card required.
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- Comps: the closest Manhattan plans on size, $/SF and launch date, within 2 miles when possible.
- Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
- Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
- Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.
Budget
From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size
Team
- Sponsor
- 15 William (NY) Owner, LLC
- Developers
- Donajem Holdings LLC, Sapir SDS Holdings LLC, SDS Strategic Investors LLC
- Principals
- S. Lawrence Davis, Alex Sapir, André Balazs, Joseph Ginex
- Tax estimate
- Podell, Schwartz, Schechter & Banfield, LLPPrepared the first-year real estate tax projection
- Construction lender
- Fremont Investment & LoanLender on the mortgage and building loan agreement recorded October 2006 in ACRIS; $247 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Exchange At 25 Broad Street Condominiumnext door · 346 units · 5 parking · 2006
- Exchange At 25 Broad Street Condominiumnext door · 306 units · 2008
- Broad Exchange Building Condominiumnext door · 308 units · 2019
- Cipriani Residences At 55 Wall Condominiumnext door · 107 units · 2005
- Block Hallnext door · 29 units · 2005
- Stone Street Condominiumnext door · 5 units · 2006