Sales have launched at Five One Five, a new luxury residential building in Manhattan’s West Chelsea neighborhood. Located at 515 West 29th Street, the building is the only property in Manhattan to be framed by the renowned High Line park on two sides.
The 15-unit development was designed by acclaimed Singaporean architect Soo K. Chan, founding principal of SCDA — a multi-disciplinary firm engaging in architecture, interior, landscape and product design. The building’s distinctive design and construction features, including an intricate exterior made of curvy glass fins that give the façade a rippling appearance, reflects Chan’s signature fluid style that seamlessly coalesces with its surroundings. Chan and SCDA have designed and built residences, hotels and museums around the world, with Five One Five being their second project in New York.
Forum Absolute Capital Partners, a New York-based, privately-owned real estate investment platform with approximately $400 million in equity under management, is the owner and developer of the project. FACP and CORE, New York City’s leading boutique real estate brokerage firm, are leading sales and marketing for the development.
“Five One Five is a truly remarkable residential development because it is one of the few buildings that overlooks the High Line with unobstructed views over the Hudson Yards plaza,” said Shaun Osher, founder and CEO of CORE. “The unique building design and generous layouts are sure to generate strong interest in this boutique project.”
Five One Five has world-class amenities that come with it, including a gym, 24-hour attended lobby, direct keyed elevator access to each residence, roof deck with a kitchen and ample storage. The development is located just steps from multiple transportation options, including the West Side Highway, the 7, A, C and E subway lines and access to interstate rail-transit via Penn Station.
Five One Five also includes a mix of two- and three-bedroom apartments, including a five-unit penthouse collection with expansive panoramic views of the High Line. All units feature bright, spacious Bulthaup kitchens with Gaggenau appliance packages and built-in multipurpose islands that are great for entertaining. Additionally, each unit features light oak floors, Molteni millwork and closet build-outs, door hardware by Franz Schneider Brakel, as well as Delta LED light fixtures and mobile-controlled Lutron Homeworks QS System for electronics, temperature control, shades and lighting. Prices at the 11-story building range from $4.3 million to $8.5 million.