555 West 22nd Street Condominium

The Building

Fine Print

What's Specific to It

• Two pools and a lifeguard line in the budget: a lap pool and a family leisure pool, plus a whirlpool and cold plunge. The first-year budget sets aside roughly $95,000 for lifeguard and pool services alone.
• A concierge company on top of the staff: the sponsor plans to hire an amenity operator (possibly a Related affiliate) for luxury concierge and amenity programming, about $455,000 a year, which the board can drop after year one.
• Your gas is shared, your electricity isn't: gas for cooking, fireplaces, heat and hot water is a common expense, while each apartment's electricity, including the fan coils that heat and cool it, is submetered to you.
• A public space inside the building: a community facility space in the cellar, entered from West 23rd Street, is open to the public, and the plan warns nearby owners about noise and traffic.
• Parking and storage are licenses: 29 parking licenses at $400,000 each (about $450 a month in fees) and 19 small storage rooms from $50,000 to $150,000. The sponsor can issue them to non-owners too.
• It sits in a flood zone: the site is in FEMA Zone AE, and staff deploy removable flood barriers at entrances below flood elevation, including the garage door.

Listing sites show layouts and views. The offering plan, which the developer filed with the New York Attorney General, shows which oven is in the wall, who pays for gas, how many doormen the budget covers and what a parking space really is. New to these documents? Start with what a condo offering plan is.

Fine Print Worth Knowing

• Licenses, not deeds: parking and storage are licenses. The first issuance fees go to the sponsor, and the sponsor can limit how many one buyer gets, sell in bulk, or issue them to people who don't own an apartment. Storage rooms are small, about 13 to 35 square feet. More in parking: sold, licensed or leased.
• Public community space: the cellar community facility space is a common element open to the public from West 23rd Street, and the sponsor and board take no responsibility for noise or traffic from it or from the amenities.
• Flood zone: all apartments are above the design flood elevation, but some amenities aren't. Flood gates, including at the garage door, are put in place by staff when a storm is expected.
• The neighbor next door: the sponsor also owns 162 Eleventh Avenue next door and makes no promise about its future.

FAQ

Does The Cortland have a doorman?

Yes. The first-year budget covers 14 doormen and concierges, along with four porters, a handyman and a live-in resident manager, all assumed to be 32BJ union members, plus a separate outside concierge and amenity company.

Does The Cortland have a pool?

It has two, a lap pool and a family leisure pool, in a cellar natatorium with a whirlpool and cold plunge, and the budget pays for a lifeguard.

How does parking work at 555 West 22nd Street?

The garage, entered from the motor court, holds 29 spaces offered as licenses rather than deeded units, each listed at a $400,000 issuance fee with a projected license fee of about $450 a month.

Is there in-unit laundry?

Yes. Every apartment gets an LG washer and dryer, four-bedrooms and larger get two sets, and there's also a shared laundry room in the cellar.

Where this comes from: the building's offering plan (CD190409) as filed with the New York Attorney General, including its description of property, Schedule A offering prices and Schedule B first-year budget. Prices are the sponsor's offering prices, not sales, and budgets are the sponsor's first-year projection; later amendments may have changed them. Updated October 2026.