Case Study

Mabel Manhattan

SSOF provided Co-GP and LP equity on a 188-unit, Class A ground-up multifamily development in the Chelsea submarket of Manhattan, New York.

Details

Location: 335 8th Avenue, New York, NY 10001
Status: Stabilized
Closing Date: Q4 2020

Project Info

  • The site is located in close proximity to Safanad’s 28th project in Chelsea as well as several prominent technology tenants in the surrounding area, including Amazon, Facebook, and Google.
  • In addition to the residential component, there are 28,000 square feet of retail space which will include a large supermarket tenant.
  • Amenities include a garden terrace, co-working areas, media lounge, state-of-the-art fitness center, and bike and storage room.

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