THE CONDO BOOK PROJECT

Linden Lane Condominium

349 West 51st Street (A/K/A 354 West 52nd St), Manhattan, NY 10019

Overview

Units
32 residential
Subway
3 min walk to 50 St C E7 Av B D E, 6 min
Developer
Cadence Property Group LLC
Principals
Howard Glatzer
Average $/sf
$1,891Homes in Schedule A, as first offered
Common charges
$1,029–$2,973 a monthSponsor's first-year estimate in Schedule A, January 1, 2026 – December 31, 2026 ("First Year")
Offering price
$73.8 million total $84.4 million when first offered

The sponsor of record is Cadence 51/52 Development LLC, represented by D'Agostino, Lederman, Landesman, Et Al, LLP. The offering plan runs 498 pages. The sponsor has filed 1 amendment, the latest in December 2025. The nearest other condo plan on file is Lumiere/350 West 53rd Street, next door.

Plan CD250112 · New · accepted Sep 30, 2025 · AG record ↗

Compare

FigureThis building1Lightsquare229 units · 0.4 miaccepted 2024Parc Beaufort347 units · 0.4 miaccepted 2026
Common ChargesPer Square Foot / Month$1.30In line$0.54$2.05
Average Offering PricePer Apartment$2.61MHighest$1.67M$2.18M
Average PricePer Square Foot$1,891In line$1,881$2,220
Property TaxesPer Square Foot / Month$1.58In line$0.99$2.43
Average Unit SizeSquare Feet1,382 SFLargest888 SF983 SF

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Unit mix, closings, budgets, finishes and the team, against Lightsquare and Parc Beaufort, 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.

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
Cadence 51/52 Development LLC
Developer
Cadence Property Group LLC
Principals
Howard Glatzer
Tax estimate
D'Agostino, Lederman, Landesman, Rivera & Miraglia, LLPPrepared the first-year real estate tax projection
Construction lender
Bsp Odf II Finance$37 million recorded

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

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