424 West 52nd Street (New Empire State Development)
New Empire Corp is bringing forth a 7-story, 7-unit condo to 424 West 52nd Street in Hell's Kitchen, a once crime-ridden-turned-sleepy neighborhood that is now experiencing a new construction boom thanks to the new large-scale developments like Oskar, Charlie West, and 525W52. The design of this forthcoming boutique condo is very similar to the developer's nearby 409 West 45th Street, which makes sense – both projects are designed by Building Consulting Engineering & Architecture.
It will squeeze right between two brick condo conversions at 432 West 52nd Street and 416 West 52nd Street (NINE52), which means it's glassy facade might stick out like a sore thumb.
It will squeeze right between two brick condo conversions at 432 West 52nd Street and 416 West 52nd Street (NINE52), which means it's glassy facade might stick out like a sore thumb.
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The 25-foot-wide lot will hold 10,343 square feet of pure residential space. Each of the spacious 7 units will encompass a full floor and have two bedrooms. The only amenity listed in the floor schedule is a rooftop terrace, but the axiomatic diagram shows a rear yard. An offering plan filed with the New York State Attorney General's office in May is pending approval and projects a $16 million sellout. Each unit should average $2.28 million, which is a bit pricier than Midtown West's current median two-bedroom condo price of $2.1 million.
Rendering courtesy of New Empire State Development
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