118 Tenth Avenue

Published construction reporting from February 2026 describes a condominium building of up to 85,000 square feet. The DOB new-building application, filed March 27, 2026, describes a 13-story mixed-use building with 105 dwelling units. COOKFOX Architects is the applicant of record. If the 85,000 square feet is the residential component, the 105 units would average about 800 square feet of gross area each, which points to a unit mix weighted toward smaller homes. No unit mix, finishes, amenities or renderings have been released, and the DOB figure of 239,820 square feet of construction floor area measures something different from the press figure.

Separate DOB applications cover plumbing, mechanical and sprinkler work, and in October 2026 the filing team added two curb-cut applications. The DOB new-building application was in objections status as of May 2026, which is the stage where plan examiners comment and the architect responds.

• 2017–2024: The prior owner acquired the site's leasehold in 2017 for a reported $21 million and planned a ten-story office and retail building that was not built. The leasehold changed hands in 2020 and again in late 2023, and was terminated after a default in 2024, according to published reporting.
• Early 2026: Toll Brothers acquires the site for a reported $53 million.
• February 24, 2026: Published construction reporting announces a condominium project.
• March 27, 2026: DOB new-building application filed: 13 stories, 105 dwelling units.
• October 2026: Curb-cut applications filed; the new-building application remains in plan review. No demolition is needed and no construction permit has been issued.

No condominium offering plan has been accepted by the New York State Attorney General as of October 2026, and no pricing has been published. Reservations and sales cannot become binding until a plan is accepted.

Reservations are non-binding. Before a plan is accepted, any reservation is a place in line. It does not commit either side, and the price, unit mix and terms can change.

The plan must be accepted before contracts. The sponsor files an offering plan with the Attorney General; the plan sets the unit list, prices, budget, deposit terms and closing conditions. Confirm the unit mix and the commercial component in the plan once filed.

Deposits are held in escrow. New-construction condominium deposits typically run 10 to 20 percent of the price and sit in a sponsor's attorney's escrow account until closing.

Closing costs run to the buyer. In sponsor sales the buyer customarily pays New York State and New York City transfer taxes, and the mansion tax applies to purchases of $1 million and above, rising in tiers for New York City residential purchases of $2 million and above.

Closings occur on a temporary certificate of occupancy. A temporary certificate of occupancy (TCO) lets residents move in before every item is signed off. Sponsor closings in new buildings commonly happen on a TCO.

Budget, common charges and any tax abatement are set in the plan. Do not rely on neighboring buildings' numbers. Projected common charges and real estate taxes appear in the plan's first-year budget.

Mixed-use building. DOB describes the building as mixed use. Ask which floors are commercial and how shared costs are split.

• 246 West 18th Street — 11-story Chelsea condominium under construction, 21 residences, offering plan submitted March 2026
• 100 Eleventh Avenue — Jean Nouvel's West Chelsea condominium on the Hudson side of the neighborhood
• 505 West 19th Street — twin-tower High Line condominium of 35 residences
• 142 West 21st Street — The Myles, a 13-story Chelsea condominium of 22 homes
• 520 West 28th Street — Zaha Hadid's boutique condominium beside the High Line