
- Type
- Condominium
Most of our building profiles are about how to buy well. This one is a cautionary tale — and one of the most visible in Lower Manhattan.
Seaport Residences was conceived as a boutique waterfront condominium: roughly 80 homes rising about 60 stories on one of the rare true riverfront parcels downtown, developed by Fortis Property Group, designed by Hill West Architects, and wrapped in floor-to-ceiling glass aimed at open East River, bridge, and harbor views. The offering plan was accepted by the New York State Attorney General, sales launched, and the tower climbed to its full roughly 670-foot height. By the late 2010s the building had sold the vast majority of its homes — 71 of the roughly 80 units were under contract.
Then it stopped. And it has not meaningfully moved since.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
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