Forum Absolute Capital Partner’s $108M project at 515 West 29th Street has condo declaration recorded

The condominium declaration from Forum Absolute Capital Partners’ project at 515 West 29th Street was filed on March 2, 2020 and recorded on May 6, 2020. The declaration is a required step a building must take before condo units can be sold. The condominium plan, number CD140186, was made effective on February 19, 2020 by three units, or 15 percent.

The condo has 12 residential units and one commercial unit. The Attorney General’s website lists the current sellout price as $108 million.

Over the past five years, there have been 9 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. Of those 9, there was one major renovation application including a certificate of occupancy change (A1) filed with a total estimated value of $120,000. Those filings sought to increase the number of residential units by 15, to 15. There were 8 renovation/alteration projects (A2) applied for with a total estimated value of $4,551,080.

The last time the property sold was September 17, 2013, for $24,350,000.

Direct link to Acris document. link

Direct link to the city’s interactive property map, ZOLA. link

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