THE CONDO BOOK PROJECT

Dahlia Condominium

212 West 95th Street, Manhattan, NY 10025

Overview

Units
38 residential · 12 parking
Subway
1 min walk to 96 St 1 2 396 St B C, 9 min
Developer
United Management Corp.
Principals
Arthur Wiener, Meir Bouskila
Average $/sf
$2,214Homes in Schedule A, as first offered
Common charges
$727–$3,036 a monthSponsor's first-year estimate in Schedule A, January 1, 2020 through December 31, 2020
Offering price
$152.9 million total $136.4 million when first offered

The sponsor of record is 212 West 95 Owner LLC**, represented by Gerstein Strauss & Rinaldi, LLP. The offering plan runs 682 pages. The sponsor has filed 10 amendments, the latest in August 2022. The nearest other condo plan on file is 208 West 96th Street Condominium, next door.

Plan CD180324 · New · accepted Mar 5, 2019 · AG record ↗

Compare

FigureThis building12505 Broadway244 units · 0.1 miaccepted 2021145 North Woods337 units · 1 miaccepted 2020
Average Offering PricePer Apartment$3.59MIn line$3.87M$2.82M

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Unit mix, closings, budgets, finishes and the team, against 2505 Broadway and 145 North Woods, cited to the offering plans. No credit card required.

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How We Got This
  • 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.

Closings Pro

Homes closed87% of the homes in Schedule A33 of 38
Closingsfirst and latest recordedJul 9, 2020 – Jul 30, 2026

Sales recorded with the Department of Finance (ACRIS) through Sep 30, 2026: deeds, or transfer tax filings for a building on leased land, of $10,000 or more. A home's first sale since the plan was filed is the sponsor's closing; resales aren't counted. Closing prices are compared with the same home's Schedule A price, as first offered; a deed covering more than one home isn't compared. Amendments often change prices before a home closes, and a deed that includes parking or storage counts its full price. ACRIS records a sale weeks after closing, so recent contracts don't appear yet. Every building's sales.

All 33 closings
HomeRecordedClosing priceSchedule ADifference
6BJul 9, 2020$4,050,000——
11AJul 13, 2020$3,245,985——
4AJul 15, 2020$2,139,345——
5BJul 17, 2020$4,407,761one deed, 2 homes——
PU1Jul 17, 2020$4,407,761one deed, 2 homes——
5AAug 5, 2020$2,130,000——
5CAug 11, 2020$1,945,000——
7CAug 13, 2020$1,998,500——
4BAug 14, 2020$4,117,278——
3BSep 11, 2020$4,000,000——
3AOct 28, 2020$3,746,153——
10ANov 3, 2020$6,252,094——
PU10Nov 3, 2020$305,475——
8ADec 28, 2020$2,950,000——
9BJul 6, 2021$2,607,475——
17BJul 9, 2021$3,325,000——
14AJul 14, 2021$3,150,000——
6CAug 24, 2021$1,945,000——
4CSep 14, 2021$1,850,000——
7BOct 5, 2021$2,596,538——
6AOct 12, 2021$2,215,029——
15ADec 8, 2021$4,167,797one deed, 2 homes——
PU9Dec 8, 2021$4,167,797one deed, 2 homes——
PU11Mar 4, 2022$353,194——
9AMar 15, 2022$3,164,325——
7AMay 27, 2022$3,172,578——
PHBJun 15, 2022$6,050,000one deed, 2 homes——
PU3Jun 15, 2022$6,050,000one deed, 2 homes——
12AJun 27, 2022$3,385,000——
8CSep 23, 2022$4,112,500——
PU2Feb 1, 2023$405,600——
LH1Jul 30, 2026$11,418,000one deed, 2 homes——
LH2Jul 30, 2026$11,418,000one deed, 2 homes——

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Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

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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
212 West 95 Owner LLC**
Developer
United Management Corp.
Principals
Arthur Wiener, Meir Bouskila
Tax estimate
Tuchman, Korngold, Weiss, Liebman & Gelles, LLPPrepared the first-year real estate tax projection
Construction lender
Goldman Sachs Bank$71.5 million loan stated in the plan

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

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