TRANSACTION
Manhattan, NY(High Line)
Asset Type
Development
Transaction Type
Site Selection / Investment Sales
Date
November 2017
Address
West 21st Street
Description
Completed in November 2017, this D22 Capital Advisory assignment involved a $21 million site-selection and investment-sales transaction for a multifamily development assemblage on West 21st Street near Manhattan’s High Line. The opportunity was documented as a development asset assembled for future residential use.
D22’s role combined site-focused advisory work with an investment-sales process for multiple development parcels. The engagement demonstrates experience with assemblages, where the value and execution depend on presenting several sites as one development opportunity. For developers and investors reviewing comparable work, this page records the West 21st Street location, intended use, assignment, completion date and transaction amount. The $21 million value and 2017 completion distinguish it from D22’s separate 2019 High Line hotel and multifamily assemblage.
