10 West 55th Street Update 04/13/23

Devs Secure $135.2M Loan for Midtown Highrise

Affiliated developers, Garden Homes, and Skyline Developers, have just obtained a $135.2 million loan for a 24-story, mixed-use highrise, set to go up at 10 West 55th Street in Midtown, Manhattan. Issued by Goldman Sachs, this influx of capital will be used to fund the project's construction from the ground up.

Constructed in-house by , the building will contain apartment units, offered in studio, one, two, and three-bedroom configurations. Plans also call for a cellar level and square feet of commercial space. This will likely come in the form of ground-floor retail.

Designed by , the structure will stand feet tall and total square feet. Excavation is already underway and work is ultimately expected to finish by October of 2025.

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