THE CONDO BOOK PROJECT

Rennie Condominium

2351 Adam Clayton Powell Jr Blvd, Manhattan, NY 10030

Overview

Units
134 residential · 1 parking · 2 commercial
Subway
6 min walk to 135 St 2 3135 St B C, 7 min
Developers
BRP Development Corp., Lafayette Development, LLC
Principals
Geoffroi Flournoy, Meredith Marshall, Steven C. Smith
Average $/sf
$1,033Homes in Schedule A, as first offered
Offering price
$102.1 million total $103.9 million when first offered

The sponsor of record is Brp Renny LLC, represented by Hirschen Singer & Epstein LLP. The offering plan runs 478 pages. The sponsor has filed 13 amendments, the latest in June 2024. The nearest other condo plan on file is Odell Clark Place Condominium I, next door.

Plan CD180078 · New · accepted Jul 30, 2018 · AG record ↗

Compare

FigureThis building12600 7th2103 units · 0.6 miaccepted 2019300 West3170 units · 0.8 miaccepted 2020
Common ChargesPer Square Foot / Month$1.24 ⚠Highest$0.68$0.88
Average Offering PricePer Apartment$807,537In line$769,982$1.21M
Average PricePer Square Foot$1,033Below peers$1,113$1,225
Average Unit SizeSquare Feet781 SFIn line692 SF989 SF

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Unit mix, closings, budgets, finishes and the team, against 2600 7th and 300 West, 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.

⚠ Read from a partly legible Schedule B.

Closings Pro

Homes closed100% of the homes in Schedule A134 of 134
Closing prices vs. Schedule A106 homes: $72,358,220 at closing against $77,358,970 in Schedule A (p. 53, p. 54, p. 55, p. 56)−6.5%
Average closing price106 homes, on their Schedule A square feet$900 / SF
Closingsfirst and latest recordedOct 24, 2019 – Jul 21, 2026

Sales recorded with the Department of Finance (ACRIS) through Jul 31, 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 134 closings
HomeRecordedClosing priceSchedule ADifference
806/POct 24, 2019$998,000——
810/POct 25, 2019$645,000——
306Nov 1, 2019$750,000$725,000 p. 53+3.4%
808/PNov 1, 2019$1,245,015——
701/PNov 6, 2019$958,000——
416Nov 7, 2019$733,854$718,000 p. 54+2.2%
310Dec 10, 2019$749,432$705,000 p. 53+6.3%
608Dec 11, 2019$791,689$765,000 p. 55+3.5%
308Dec 12, 2019$765,000$735,000 p. 53+4.1%
606Dec 12, 2019$794,235$755,000 p. 55+5.2%
802/PDec 12, 2019$1,181,170——
706/PDec 13, 2019$1,528,089——
807/PDec 13, 2019$1,121,807——
319Dec 27, 2019$1,075,000$1,135,000 p. 54−5.3%
214Dec 30, 2019$1,130,971$1,108,000 p. 53+2.1%
607Jan 3, 2020$1,255,752$1,218,000 p. 55+3.1%
709/PJan 17, 2020$843,111——
814/PJan 23, 2020$1,515,000——
302Jan 27, 2020$774,584$718,000 p. 53+7.9%
611Feb 4, 2020$989,000$989,000 p. 550%
408Feb 7, 2020$763,688$745,000 p. 54+2.5%
617Feb 21, 2020$575,000$648,000 p. 55−11.3%
612Feb 26, 2020$702,593$670,000 p. 55+4.9%
809/PMar 9, 2020$1,916,933——
703/PMar 30, 2020$985,000——
708/PApr 3, 2020$774,584——
315May 7, 2020$675,000$710,000 p. 54−4.9%
613May 21, 2020$960,000$998,000 p. 55−3.8%
415Jun 2, 2020$685,000$720,000 p. 54−4.9%
309Jun 12, 2020$1,150,000$1,198,000 p. 53−4%
602Jun 30, 2020$774,737$748,000 p. 55+3.6%
402Jul 2, 2020$771,834$728,000 p. 54+6%
508Jul 29, 2020$768,779$755,000 p. 55+1.8%
803/PJul 29, 2020$775,000——
406Sep 2, 2020$776,620$735,000 p. 54+5.7%
202Nov 2, 2020$710,000$708,000 p. 53+0.3%
707/PJan 29, 2021$847,500——
512Feb 18, 2021$598,000$660,000 p. 55−9.4%
316Mar 19, 2021$640,000$708,000 p. 54−9.6%
314Apr 1, 2021$320,000$301,481 p. 53+6.1%
414Apr 6, 2021$320,000$301,481 p. 54+6.1%
419May 11, 2021$950,000$1,155,000 p. 54−17.7%
218May 19, 2021$762,000$825,000 p. 53−7.6%
605May 20, 2021$328,200$308,279 p. 55+6.5%
705/PJun 3, 2021$1,300,000——
211Jun 8, 2021$333,314$307,025 p. 53+8.6%
304Jun 16, 2021$1,025,000$1,248,000 p. 53−17.9%
505Jun 17, 2021$328,200$308,279 p. 54+6.5%
311Jun 23, 2021$326,000$307,025 p. 53+6.2%
714/PJul 26, 2021$920,000——
318Jul 27, 2021$330,000$311,730 p. 54+5.9%
420Jul 27, 2021$485,000$589,000 p. 54−17.7%
502Jul 28, 2021$718,000$738,000 p. 54−2.7%
615Jul 29, 2021$655,000$740,000 p. 55−11.5%
411Jul 30, 2021$326,000$307,025 p. 54+6.2%
510Aug 6, 2021$650,000$725,000 p. 55−10.3%
407Aug 9, 2021$1,035,000$1,180,000 p. 54−12.3%
621Aug 17, 2021$330,200$311,228 p. 56+6.1%
405Aug 18, 2021$328,200$308,279 p. 54+6.5%
515Aug 24, 2021$650,000$730,000 p. 55−11%
418Aug 27, 2021$355,000$311,730 p. 54+13.9%
516Aug 31, 2021$685,000$740,000 p. 55−7.4%
511Sep 16, 2021$326,000$307,025 p. 55+6.2%
609Sep 23, 2021$1,045,000$1,258,000 p. 55−16.9%
421Sep 28, 2021$330,200$311,228 p. 54+6.1%
71-/POct 1, 2021$1,400,000——
704/POct 1, 2021$1,385,000——
503Oct 7, 2021$339,900$319,690 p. 54+6.3%
519Oct 12, 2021$965,000$1,175,000 p. 55−17.9%
521Oct 14, 2021$330,200$311,228 p. 55+6.1%
305Oct 15, 2021$328,200$308,279 p. 53+6.5%
618Oct 18, 2021$330,000$311,730 p. 56+5.9%
313Oct 21, 2021$865,000$968,000 p. 53−10.6%
518Oct 21, 2021$330,000$311,730 p. 55+5.9%
506Nov 2, 2021$750,000$745,000 p. 55+0.7%
320Nov 8, 2021$480,000$579,000 p. 54−17.1%
307Nov 30, 2021$1,025,000$1,160,000 p. 53−11.6%
413Dec 10, 2021$900,000$978,000 p. 54−8%
603Dec 16, 2021$339,900$319,690 p. 55+6.3%
205Dec 17, 2021$328,200$308,279 p. 53+6.5%
412Dec 30, 2021$347,300$327,077 p. 54+6.2%
520Dec 30, 2021$505,000$599,000 p. 55−15.7%
403Jan 5, 2022$339,900$319,690 p. 54+6.3%
312Jan 20, 2022$347,300$327,077 p. 53+6.2%
210Mar 15, 2022$599,000$695,000 p. 53−13.8%
321Mar 15, 2022$330,200$311,228 p. 54+6.1%
203Mar 24, 2022$339,900$319,690 p. 53+6.3%
303Apr 18, 2022$339,900$319,690 p. 53+6.3%
409Apr 29, 2022$1,065,000$1,218,000 p. 54−12.6%
804/PMay 4, 2022$1,084,500——
619May 6, 2022$990,000$1,195,000 p. 56−17.2%
207May 23, 2022$1,140,440$1,120,000 p. 53+1.8%
212May 23, 2022$347,300$327,077 p. 53+6.2%
514May 23, 2022$935,000$988,000 p. 55−5.4%
715/PJun 21, 2022$1,025,000——
616Jun 29, 2022$695,000$750,000 p. 55−7.3%
811/PJul 20, 2022$950,000——
301Jul 21, 2022$715,000$788,000 p. 53−9.3%
517Aug 31, 2022$538,500$638,000 p. 55−15.6%
213Oct 20, 2022$840,000$958,000 p. 53−12.3%
813/PNov 11, 2022$495,000——
417Nov 29, 2022$525,000$628,000 p. 54−16.4%
620Dec 8, 2022$510,000$608,000 p. 56−16.1%
410Dec 30, 2022$655,000$715,000 p. 54−8.4%
604Feb 17, 2023$1,045,000$1,308,000 p. 55−20.1%
317Mar 10, 2023$515,000$618,000 p. 54−16.7%
204Mar 22, 2023$975,000$1,208,000 p. 53−19.3%
812/PApr 14, 2023$1,040,000——
509May 3, 2023$1,090,000$1,238,000 p. 55−12%
219Jun 2, 2023$740,000$818,000 p. 53−9.5%
504Jul 6, 2023$1,110,000$1,288,000 p. 54−13.8%
610Jul 17, 2023$685,000$735,000 p. 55−6.8%
401Jul 20, 2023$725,000$798,000 p. 54−9.1%
217Aug 17, 2023$575,000$598,000 p. 53−3.8%
507Oct 25, 2023$1,050,000$1,198,000 p. 55−12.4%
404Nov 6, 2023$1,100,000$1,268,000 p. 54−13.2%
216Nov 17, 2023$755,000$698,000 p. 53+8.2%
601Feb 20, 2024$745,000$818,000 p. 55−8.9%
209Apr 11, 2024$980,000$1,158,000 p. 53−15.4%
713 PMay 2, 2024$575,000——
501Jul 19, 2024$725,000$808,000 p. 54−10.3%
206Jul 26, 2024$695,000$705,000 p. 53−1.4%
201Aug 22, 2024$700,000$778,000 p. 53−10%
711/PSep 11, 2024$960,000——
801/PSep 19, 2024$760,000——
215Sep 25, 2024$750,000$825,000 p. 53−9.1%
513Feb 13, 2025$905,000$988,000 p. 55−8.4%
717/PH17Apr 14, 2025$890,000$1,058,000 p. 56−15.9%
712/PH12Apr 28, 2025$695,000$778,000 p. 56−10.7%
702/PH2May 9, 2025$710,000$778,000 p. 56−8.7%
810/PH2Dec 17, 2025$500,000——
614Apr 16, 2026$855,000$998,000 p. 55−14.3%
208May 27, 2026$625,000$715,000 p. 53−12.6%
716/PH1Jul 21, 2026$485,000——

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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
Brp Renny LLC
Developers
BRP Development Corp., Lafayette Development, LLC
Principals
Geoffroi Flournoy, Meredith Marshall, Steven C. Smith
Tax estimate
Ben Rottenstein Associates, Inc.Prepared the first-year real estate tax projection
Construction lender
Santander Bank$56.8 million recorded

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

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