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Showing posts with the label Upper West Side

New York 50 West 66th Tower Completes Construction

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Is 50 West 66th Street Complete? As of the latest available reporting, 50 West 66th Street is complete. Construction on both the tower and podium was finished by August 21, 2026. The completed project rises 775 feet as a 69-story residential skyscraper, now the Upper West Side’s tallest . Current sources classify the property as completed, replacing older descriptions from earlier construction phases. This confirms the building is no longer in an unfinished structural state. Recent major tower transactions elsewhere, including Seattle’s record sale , also show how newly completed high-rise assets continue to attract investor attention. Construction Timeline The project topped out in late February 2024, with another report placing its final height in May 2024. By late 2024, the building had reached major enclosure progress. By April 2025, facade installation was nearing completion. Remaining exterior work concluded by August 2026. Occupancy Status The occupancy status appears consistent...

New York Migrant Shelter Property Sells for $80M

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Stratford Arms Sold for $80 Million A prominent Upper West Side property changed hands for $80 million as Stratford Arms at 117 West 70th Street was sold to Hawkins Way Capital, according to a deed filed in city property records. The seller was AMDA College of the Performing Arts. Reporting in mid-June 2026 identified the asset as a former hotel later used as student housing, placing it among notable Manhattan real estate transactions. Hawkins Way Capital specializes in student housing , aligning with the building’s continued use under the leaseback. Leaseback Limits Near-Term Disruption AMDA leased the building back for 31 years on the same day, signaling no immediate operational shift. Available reports indicated continued student housing use rather than conversion to office, condo, or mixed-use ownership. The arrangement also reflects broader adaptive reuse trends in real estate, where older properties are preserved and repositioned for modern needs. The sale also reflects investor...