THE CONDO BOOK PROJECT

20 West 53rd Street Condominium

20 West 53rd Street, Manhattan, NY 10019

Overview

Units
61 residential
Subway
1 min walk to 5 Av/53 St E F47-50 Sts-Rockefeller Ctr B D F M, 5 min
Developers
Tribeca Associates, Starwood Capital
Principals
Bill Brodsky, Ephram Lustgarten, James Raved
Offering price
$554.3 million total $523 million when first offered

The sponsor of record is 20 West 53rd Street LLC, represented by Holland & Knight LLP. The offering plan runs 616 pages. The sponsor has filed 1 amendment, the latest in March 2013. The nearest other condo plan on file is 53 West 53rd Street Condominium, next door.

Plan CD120211 · New · accepted Feb 21, 2013 · AG record ↗

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
20 West 53rd Street LLC
Developers
Tribeca Associates, Starwood Capital
Principals
Bill Brodsky, Ephram Lustgarten, James Raved
Tax estimate
Podell, Schwartz, Schechter & Banfield LLPPrepared the first-year real estate tax projection

From our research: Do NYC Developers Rehire the Same Firms?

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