THE CONDO BOOK PROJECT

New York Arts Condominium

305 East 61st Street, Manhattan, NY 10065

This building has another offering plan on file with a fuller record: Archive Lofts Condominium (CD230065).

Overview

Units
8 residential · 2 commercial
Subway
4 min walk to Lexington Av/59 St 4 5 6 N R WLexington Av/63 St M Q, 5 min
Offering price
$105.2 million total

The sponsor of record is 305 East 61st Street Group LLC, represented by Lewis Kuper, Esq.. The sponsor has filed 1 amendment, the latest in May 2018. The nearest other condo plan on file is Archive Lofts Condominium, next door.

Plan CD160217 · Rehab · accepted Jan 23, 2017 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan8 of 8
Closingsfirst and latest recordedAug 30, 2022

Sales recorded with the Department of Finance (ACRIS) through Nov 30, 2022: 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 8 closings
HomeRecordedClosing priceSchedule ADifference
UNIT1Aug 30, 2022$185,000,000one deed, 8 homes——
UNIT2Aug 30, 2022$185,000,000one deed, 8 homes——
UNIT3Aug 30, 2022$185,000,000one deed, 8 homes——
UNIT4Aug 30, 2022$185,000,000one deed, 8 homes——
UNIT5Aug 30, 2022$185,000,000one deed, 8 homes——
UNIT6Aug 30, 2022$185,000,000one deed, 8 homes——
UNIT7Aug 30, 2022$185,000,000one deed, 8 homes——
UNIT8Aug 30, 2022$185,000,000one deed, 8 homes——

Pro

Closings are for subscribers

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

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Team

Sponsor
305 East 61st Street Group LLC
Counsel
Lewis Kuper, Esq.

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

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