Property Address: 316-318 E 81st St, New York, NY
Acquisition Date: 2015
Asset Type: Luxury Condominium Building Development
Size: 14,000 SF
CGI is developing two contiguous buildings in the prestigious Upper East Side Neighborhood of Manhattan in New York, NY. This neighborhood is one of the oldest and most exclusive in the country, with a pedigree dating back centuries and some of the highest per square foot home prices in the world. The current business plan entails demolishing the two existing townhouses and building a single, six-unit condominium building.