Leasing Starts at New Hell’s Kitchen Luxury Condos
Taconic Investment Partners and Mitsui Fudosan America are developing the project at 525 W. 52nd St., which includes 35,000 square feet of amenities.
By Corina Stef
Real estate developers Taconic Investment Partners and Mitsui Fudosan America have joined forces for the development of 525 W. 52nd St., a two-building luxury condo in Midtown Manhattan’s Hell’s Kitchen neighborhood. The Marketing Directors will handle the leasing and marketing efforts, with rents starting at $2,730 a month for a studio and around $6,900 per month for a two-bedroom apartment. Completion is slated for later this year, with a June 1 occupancy date.
The project will consist of a 22-story and a 14-story apartment tower. The owners have chosen Handel Architects to design the project, which features a brick façade and industrial-themed interiors with glass and metal panels and European-style millwork, a 10,000-square-foot sleek lobby with concrete gallery floors, corten steel sculptural elements and wood ceilings.
Other amenities will include co-working space with conference rooms, lounge with fireplace, a two-story green atrium landscaped by Future Green Studio, a 5,000-square-foot courtyard with a bocce court, shuffle board and barbecue grills, library, screening room, full-service pet care salon, fitness center with yoga and massage studios, private events space with catering kitchen, and a landscaped rooftop lounge and sundeck on the 15th floor, overlooking the Hudson River and the New York City skyline. The project will also include a bicycle room, resident storage and 24-hour attended lobby.
“From the thoughtful design to the 35,000 square feet of amenities and unparalleled level of service, 525 will set itself apart from other developments in the neighborhood, while also paying tribute to the rich history of Hell’s Kitchen,” Taconic Vice President Daniel McInerney said in a prepared statement.
The project is located in the midst of restaurants, bars, theaters, galleries, museums, retailers, banks, and gyms. It is also close to Hudson River Park, De Witt Clinton Park, the Theater District, Times Square and Hudson Yards.
Images via the 525 W. 52nd St. website