$45,000,000 Construction Financing
Altman Warwick arranged a $45,000,000 construction loan to finance the ground-up construction of a 16-story luxury condominium at 200 Eleventh Avenue at West 24th Street in the Chelsea section of Manhattan. With its award-winning Annabelle Selldorf stainless steel exterior and unique design, the building is the first of its kind to offer an “en-suite sky garage,” which transports single cars to the homeowner’s individual apartments. Located 2 blocks north of Chelsea Piers, each apartment has unobstructed views of the Hudson River, and the Uptown and Downtown Manhattan skylines. The project was conceived and developed by Young Woo & Associates.