685 First Avenue

685 First Avenue

Sheldon Solow targeting $551M in sales at 685 First Avenue 148 condos can now go to market

Sheldon Solow and renderings of 685 First Avenue (Credit: Richard Meier Partners Architects)

After going into contract for the land nearly two d新爱上海同城对对碰论坛

ecades ago, Solow Properties can now爱上海同城对对碰

launch sales for condominiums at its 685 First Avenue skyscraper, records with the New York新爱上海同城对对碰论坛

State Attorney General s office show.

The AG s real estate finance bureau accepted the developer s offering plan for 148 for-sale apartments at the tower. The total projected sales price for the units is $551 million, or $3.7 million on average.

The 42-story building, wh上海贵族宝贝交流区

ich topped out last fall, is the tallest designed by architect Richard Meier in New York City. In addition to 148 condos, 685 First Avenue will hold 408 re上海贵族宝贝交流区

ntal units. Ground floor retail is also planned.

The 89-year-old Sheldon Solow is joined by his son, Stefan Soloviev, as the official sponsors of the condo plan.

A spokesperson for Solow did not immediately return a request for comment. The company has not yet announced an official sales starting date.

In 2010, Solow sold a separate development site along First Avenue to JDS Development Group for $172 million. JDS and Largo have since developed the American Copper Buildings there.

Currently, Solow is at work trying to boot retail tenants on West 57th Street, where he plans a hotel and condo tower across the street from his company headquarters at the Solow Building.

Tags: Residential Real Estate, Sheldon Solow
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