- Funding Needed
- $420 (Mio)
- EB5 Funding
- $80 (Mio)
- Amount Subscribed
- $80 (Mio)
- EB-5 Investors
- 160
- Investment Amount
- $500,000
- Job Creation per Investor
- 12.6
- Job Creation (Total)
- 2009
- Category
- Real Estate and Rental and Leasing
- Sub-Category
- Lessors of Residential Buildings and Dwellings
- State
- New York
- Location
- 855 6th Ave New York, NY 10001
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- Last Update: January 30, 2018 03:20 PM
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855 Avenue of the Americas
- Developer Name
- The Durst Organization
Project Description
855 Avenue of the Americas is a mixed-use 41-story, residential-focused building that spans the full western block of 6th Avenue, between 30th and 31st Streets. Located where Midtown South meets Chelsea, the site is noted as one of Manhattan’s most desirable addresses. Developed by one of New York’s most prestigious firms, 855 Avenue of the Americas offers 375 luxury rental apartments, 127,000 square feet of Class A office space fully leased by Nike and 57,000 square feet of premium retail space fully leased to Nordstrom Rack.
The urban scene of Manhattan demands complementary design from its residences. It also commands a combination of luxury and comfort to rival the cacophony below. 855 Avenue of the Americas meets these requirements, rising from the city sidewalks to offer an elegant and airy design. A private 6th floor garden and 41st floor outdoor terrace are just the peripherals of the wealth of amenities found within 855 Avenue of the Americas.Project Status
Fully Subscribed
Construction Completed
I-526 Petitions Approved
855 Avenue of the Americas: Map
855 6th Ave New York, NY 10001
Project Location Description
Teeming with renowned restaurants, architectural masterpieces and countless cultural institutions, the urban cityscape of Manhattan is one of the world’s most beloved destinations as well as the country’s commercial, financial and cultural backbone. It is the most densely populated county in the United States, thanks to its desirability and convenience – and the Chelsea neighborhood is no different. With an occupancy rate of 98.96%, Chelsea boasts one of the lowest vacancy rates in the United States.
855 Avenue of the Americas (6th Avenue) overlooks three highly desirable and expanding neighborhoods: NoMad, Chelsea, and Hudson Yards. The area’s vibrant residential and business markets epitomize the social and ethnic diversity of New York and offer close proximity to transportation, shopping and important landmarks such as Bryant Park, Madison Square Garden, the Empire State Building, Chelsea Art Museum and Herald Square.
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