What is the latest status of the project “611 W. 56th St. Manhattan Luxury Condo Tower”?

The status recorded for “611 W. 56th St. Manhattan Luxury Condo Tower” is completed.

Where can I verify the source and access all details for “611 W. 56th St. Manhattan Luxury Condo Tower”?

This Taiyo project page references Crain's New York Business along with the original URL (https://www.crainsnewyork.com/real-estate/waterfall-asset-management-sues-rudy-gabsi-over-hells-kitchen-condo). Taiyo standardizes official data into a consistent, searchable project profile.

611 W. 56th St. Manhattan Luxury Condo Tower

One of 10,000+ projects Taiyo tracks in New York.

Source: Crain's New York Business

Project

Completed

A 35-story, 80-unit luxury high-rise condo tower near Hell's Kitchen in Manhattan developed by the Leny Group. The project opened in 2022 and is expected to generate $100 million in unit sales, with many units still unsold. The developer, Rudy Gabsi, controls 90% of the project and personally guaranteed the loan tied to it.

Status: Closed
Sector: Residential, Commercial
Location: New York, United States of America
Updated: 22 Jul 2026
Source: Crain's New York Business

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Project Information

3 Q

The project “611 W. 56th St. Manhattan Luxury Condo Tower” is an infrastructure initiative in the Residential sector, located in New York, New York, United States. Taiyo aggregates data on it from Crain's New York Business.

Participants

Not available for this record.

Status

Original status	completed
Taiyo status	Closed
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	A 35-story, 80-unit luxury high-rise condo tower near Hell's Kitchen in Manhattan developed by the Leny Group. The project opened in 2022 and is expected to generate $100 million in unit sales, with many units still unsold. The developer, Rudy Gabsi, controls 90% of the project and personally guaranteed the loan tied to it.
Original sector	Real Estate

Location

Country	United States of America (USA)
State	New York
City	New York

Source

Source	Crain's New York Business
URL

More Details

Record type	Project
Sector	Residential, Commercial
Article published date	2025-11-24

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611 W. 56th St. Manhattan Luxury Condo Tower

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