Project

Formerly known as “The Corner”, 212 W. 72nd, was originally constructed in 2010 as a 196 luxury for-rent apartment project on the Upper West Side of New York City.   With a severe lack of new supply in the market that meets the demands of today’s buyer, the opportunity to transform this building into 117 for-sale condominiums presented a unique investment opportunity for Pluris.

Project Vitals

  • Property: 212 W. 72nd
  • Location: New York City, NY
  • Sub-market: Upper West Side
  • Asset Class: Multi-Family to Condominiums
  • Building Size: 20 stories, 155,000 square feet
  • Acquisition Date: December –  2018
  • Acquisition Cost: $227,000,000
  • Total Project Capitalization: $312,000,000