NEW YORK | 550 West 29th St | 135 FT | 12 FLOORS

Continuing the discussion from NEW YORK | “High Line District” (Special West Chelsea District):

NorthMarq arranges loan for new Tamarkin High Line building

By REW Staff
11:53 AM, AUGUST 14, 2014

NorthMarq Capital has arranged $27 million in loans for two apartment properties, including a tony High Line building by developer Cary Tamarkin.

Joseph DeRosa, vice president and Ernest DesRochers, senior vice president/managing director of NorthMarq Capital’s New York City, office arranged bridge financing in the amount of $13 million for 550 West 29th Street, a 12- story, 63,000 s/f . residential condominium development located in the West Chelsea area of Manhattan.

The transaction was structured as an interest only loan carrying a term of two years. NorthMarq arranged the deal for the borrower which is a joint venture between High Line Development Group LLC and Tamarkin Co.

“This development is situated a stone’s throw away from the popular High Line Park and will have unobstructed views of the Hudson River,” said DeRosa.

9/16

This one is already halfway up.

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Topped out

11/19

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TECTONIC

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12/30

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Does anyone have a render for this?
ps: thanks for the update @JC_Heights

https://cdn0.vox-cdn.com/thumbor/l1n-N1StqcMznkGqIC2mftvqDvU=/0x89:777x672/1400x1050/cdn0.vox-cdn.com/uploads/chorus_image/image/47867905/550-West-29th-Street-777x762.0.jpg

Best I could find

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Thanks mate

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That looks good!

Last week

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had no idea about this… looks great!

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I agree

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completed

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