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Deals & Dealmakers

Closings Have Commenced at 547 West 47th Street, The West Residence Club

CBSK Ironstate, a partnership of CB Developers, SK Development and Ironstate Development, announced today that closings have commenced at 547 West 47th Street, the transformative 12-story luxury condominium located on West 47th Street between 10th Avenue and 11th Avenue. On the heels of welcoming residents to the building, 547 West 47th Street also celebrated the official opening of The West Residence Club, a 30,000-square-foot suite of indoor and outdoor resort-inspired amenity spaces at the Hell’s Kitchen building. With over a dozen sales since the end of summer, remaining residences at 547 West 47th Street are priced from $765,000.

“We’ve always envisioned 547 West 47th Street as a building that’s conducive to the modern city lifestyle, and it’s great to see this one-of-a-kind residential experience come to fruition with our first residents,” said Scott Shnay, a principal at CBSK Ironstate. “The building strikes the right chord with buyers for several reasons. We’re offering luxury residences that are truly meant to be lived in, amenities that bring all the most desirable spaces together under one roof and at a scale rarely found in the city’s new developments, and a prime location in one of Manhattan’s most dynamic and vibrant neighborhoods.”

Designed by the acclaimed Dutch-based innovators Concrete, the architects behind CitizenM Hotels and Urby, 547 West 47th Street marks the firm’s first residential project in New York City. The block-long development features 219 studio to two+ bedroom residences, with fully furnished turnkey homes created in partnership with ASH NYC.

The loft-style residences located on floors one through seven were designed to evoke the neighborhood’s industrial past with a robust recycled brick facade and oversized warehouse-inspired windows. Providing a distinct contrast, the building’s upper floors have an entirely glass facade and cloud-like architecture, giving residents the impression they are floating in the sky. Each home is engineered with precision and functionality, boasting high ceilings, expansive views, fine natural oak floors and sliding glass walls that allow maximum flexibility for personalized home design.

According to Corcoran Sunshine Marketing Group, the exclusive marketing and sales agent for the building, sales at 547 West 47th Street have been consistently strong, with continued interest from current Hell’s Kitchen residents, many of whom previously rented in the neighborhood before buying at the building. 547 West 47th Street was one of the top-selling properties in Manhattan in the third quarter.

“The continued interest and impressive sales momentum we’ve seen at the building is a testament to what buyers in today’s luxury market are looking for, and what the team has achieved here with 547 West 47th Street,” said James Lansill, Senior Managing Director of 547 West 47th Street. “Just walking or driving past the building, people are drawn to its commanding façade that blends old and new in an eye-catching way. We’ve found that prospects are equally, if not more, captivated by it when they visit and can see that the resort-like amenities and the residences are just as forward-looking. There’s been an especially positive response to the expertly styled turnkey packages, which allow buyers the ease and convenience of purchasing a move-in-ready home with all furnishings and accessories included in the cost.”

Concrete achieved an all-encompassing living experience at 547 West 47th Street with beautifully crafted residences complemented by The West Residence Club’s extensive amenity spaces. Spread over multiple floors of the development and activated by a series of lifestyle services and programs developed through partnerships, amenities include a rooftop pool, sundeck, outdoor lounge, grilling stations, rooftop dog run and pet spa managed by Throw Me A Bone, indoor/outdoor fitness center designed by The Wright Fit, yoga and Pilates studio, rentable hotel suites for guests, private dining room and catering kitchen, double-height fully-staffed lobby lounge, glasshouse library lounge with a fireplace, storage for every home, house bicycles, and more.

Situated in the heart of Manhattan’s West Side, 547 West 47th Street places residents central to Hudson Yards, the Hudson River waterfront, Midtown West and the world-renowned theater district. The 40,000-square-foot Cadillac dealership at the base of 547 West 47th Street will join the sophisticated luxury car dealers along 11th Avenue, bringing more excitement to a new luxurious building opening in Hell’s Kitchen.

For more information or to schedule an appointment, please visit https://547west47.com/ or contact sales associates Matthew Drennan and Kristin Black at info@547W47.com or (212) 353-5009.

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