Manhattan Building · 2011
HL23
515 West 23rd Street, New York, NY 10011

515 West 23rd Street (HL23)

515 West 23rd Street, New York, NY 10011

CorridorChelsea
At a glance
Year built
2011

HL23 is Neil Denari's only NYC building — a 14-unit High Line cantilever that, per Christopher Hawthorne in the LA Times, "behaves like a flower planted along the park's underside." Carter Horsley calls it "shiny machine-age building" and "clearly a macho building."

The structural identity rests on three features. First, the Neil Denari architectural pedigree — director of SCI-Arc 1997-2002, with HL23 as his only Manhattan residential commission. Second, the machine-aesthetic exterior — Nicolai Ouroussoff in the NYT: "as sleek and muscular as an Italian sports car." Panels were "manufactured in Argentina on presses used to make body parts for Mercedes trucks." Third, the High Line cantilever boutique configuration — 14 units across 14 floors with column-free interiors of 1,900-3,600 square feet.

Recent sales

Recent average $/sf ~$1,981 per CityRealty. Active listings show #6 ($4.6M ask, 3BR) and #11FL ($6.95M ask, 3BR).

What to know if you’re buying

The Neil Denari architectural pedigree is real institutional context. Only NYC building.

The 14-unit boutique configuration with column-free interiors supports loft-scale full-floor configurations.

The Mercedes-truck-press panels and machine aesthetic are structurally distinguishing.

The High Line direct exposure is real institutional urban context.

The no-roof-deck and no-private-balconies absences should be evaluated against buyer expectations.

Comparable buildings

The Roebling Team at HL23

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Corey Cohen · The Roebling Team at Compass 646.939.7375 · c.cohen@compass.com


Sources: CityRealty (Carter Horsley review, building 40703); DesignBoom "Neil Denari HL23"; Skyscraper Center; e-architect; DeSimone Consulting Engineering ("Building the High Line Rise"); 6sqft; Christopher Hawthorne, LA Times, April 4, 2011; Nicolai Ouroussoff, New York Times, April 25, 2011; NYC Department of Finance recorded transfers.

Considering a transaction at HL23?

A 30-minute consultation is the right starting point.

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Corey Cohen · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com