High-End, High-Profile Manhattan Tower Tops Out
The joint-venture project of SJP Properties and Mitsui Fudosan America reaches 52 stories, legal challenges notwithstanding.
200 Amsterdam. Image courtesy of SJP Properties
The developers of a luxury Manhattan condo tower announced that construction of the 112-unit building has topped out at 52 stories, despite a legal battle with local community groups that has dragged on for years. As first reported by New York Yimby, the project is now the tallest structure in the neighborhood.
A joint venture of New York-based SJP Properties and Mitsui Fudosan America is developing 200 Amsterdam, a 670-foot tall condo tower located at the corner of 69th Street and Amsterdam Avenue on the Upper West Side. The distinctive design was inspired by late 19th and early 20th century architecture that is popular along Central Park West, according to SJP.
CetraRuddy is designing interiors at the building, which will offer resident amenities including a state-of-the-art fitness center, indoor swimming pool, a sauna room, virtual golf room, children’s playroom and a resident lounge. Apartment homes at the Elkus Manfredi Architects-designed tower will start at $2.95 million. Last fall, the project secured $426 million in financing from Sumitomo Mitsui.
A controversial project
Construction on the tower began in 2017 and was quickly challenged by two local community groups that claimed the building’s zoning lot was illegal and that additional development rights from the Lincoln Towers should not have been allowed. In June 2017, construction of the building was halted by New York City’s Department of Buildings.
After a lawsuit, several back-and-forth decisions from the Bureau of Standards and Appeals and the DOB, the building’s permits were eventually reinstated and the building has continued to move forward, despite a second lawsuit filed in Manhattan Supreme Court last month to stop the building’s development.
Two other condo buildings are rising in the Upper West Side neighborhood: Stellar Management’s 197-unit building The Paris, which last December secured a $125 million financing loan, and 212 W. 93rd St., a 20-unit boutique condo building that broke ground last November.
