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Society House Condo Conversion

Sector: Commercial • Location: New York City, New York, United States

Source: Hoodline

Project
Stalled

A stalled condo conversion project at 335 W. 35th St. in the Garment District, Manhattan, originally planned as a 12-story loft with 65-67 condo units and a cultural center. The project faced financing and construction troubles, leading to bankruptcy filings in early 2024. The distressed loan tied to the project was sold at an 85% discount, potentially paving the way for either completion of the c

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Project Information

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The project “Society House Condo Conversion” is an infrastructure initiative in the Commercial sector, located in New York City, New York, United States. Taiyo aggregates data on it from Hoodline.

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Participants

Sponsoring Agency

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Company

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Status

Original status

stalled

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

A stalled condo conversion project at 335 W. 35th St. in the Garment District, Manhattan, originally planned as a 12-story loft with 65-67 condo units and a cultural center. The project faced financing and construction troubles, leading to bankruptcy filings in early 2024. The distressed loan tied to the project was sold at an 85% discount, potentially paving the way for either completion of the condo conversion or a pivot to rental apartments.

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Budget

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Location

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

Project Type

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Article Published Date

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