Mitsui Fudosan America Press Releases and Articles

Five Swank Developments Launching Sales in 2022

New York, NY

The pandemic-fueled luxury real estate boom shows no signs of slowing down. While supply chain woes continue to cause uncertainty for builder timelines, there are a handful of notable new developments that will be hitting the market this year to help satiate buyer demand. From a supertall Brooklyn condominium tower to luxury second homes in the Riviera Maya, Mexico, here are five launches to look out for this year.

The Cortland’s Brick Envelope Nears Completion At 555 West 22nd Street In West Chelsea, Manhattan

New York, NY

Façade installation is getting close to completion on The Cortland, a 25-story residential building at 555 West 22nd Street in West Chelsea. Designed by Robert A. M. Stern Architects with SLCE Architects as the architect of record and developed by Related Companies, the structure will yield 144 residential units spread over 250,000 square feet, for an average of 2,245 square feet. Related Sales LLC and CORE are the co-sales and marketing agents for the property, which is located along West Street across from Hudson River Park between West 22nd and West 23rd Streets. Sales will launch early this year and homes range from studios to five-bedroom layouts, along with a collection of exclusive penthouses.

Mitsui Fudosan America and Newmark complete leasing transactions totaling 230,200 s/f at 1251 Avenue of the Americas

New York, NY

Mitsui Fudosan America and Newmark completed leasing transactions totaling 230,200 s/f at 1251 Avenue of the Americas. The building has maintained strong leasing momentum despite pandemic-induced tenant uncertainty that has stalled leasing activity in other parts of the city. The three transactions include Lowenstein Sandler for 125,700 s/f, Berenberg Capital Markets for 62,400 s/f and TCW for 44,100 s/f.