THE CONDO BOOK PROJECT

50 West Street Condominium

50 West Street, Manhattan, NY 10006

Overview

Units
191 residential · 15 commercial
Subway
2 min walk to Rector St 1Rector St R W, 3 min
Principals
Francis Greenburger, Robert Kantor, Robert Singer
Average $/sf
$2,236Homes in Schedule A, as first offered
Common charges
$1,142–$9,826 a monthSponsor's first-year estimate in Schedule A, October 1, 2016-September 30, 2017
Offering price
$616.8 million total $834.9 million when first offered

The sponsor of record is 50 West Development LLC**, represented by Starr Associates LLP. The offering plan runs 558 pages. The sponsor has filed 41 amendments, the latest in December 2025. The nearest other condo plan on file is 33 Rector Street Condo *, next door.

Plan CD130282 · New · accepted May 16, 2014 · AG record ↗

Compare

FigureThis building1100 Barclay2161 units · 0.4 miaccepted 2015The Greenwich By Rafael VIñOly3275 units · 0.1 miaccepted 2017
Average Offering PricePer Apartment$4.37MIn line$5.41M$3.17M

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Unit mix, closings, budgets, finishes and the team, against 100 Barclay and The Greenwich By Rafael VIñOly, 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
50 West Development LLC**
Principals
Francis Greenburger, Robert Kantor, Robert Singer
Tax estimate
Israel Schechter, PLLCPrepared the first-year real estate tax projection
Construction lender
Pnc Bank$243 million recorded

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

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