Condominium + integrated Faena Hotel · 2024
One High Line (originally marketed as "The XI" or "The Eleventh" before the 2021 takeover)
500 West 18th Street, New York, NY 10011
Buildings·Condominium + integrated Faena Hotel

One High Line (500 West 18th Street)

500 West 18th Street, New York, NY 10011

At a glance
Year built
2024
Type
Condominium + integrated Faena Hotel
Units
236
Floors
36

One High Line at 500 West 18th Street is the most architecturally consequential High Line-fronting residential condominium in Manhattan and Bjarke Ingels Group's most consequential New York residential commission to date. Completed in 2024 by the joint venture of Witkoff Group and Access Industries (after the original developer, HFZ Capital Group, defaulted in 2021), the dual-tower 236-residence condominium anchors the West Chelsea trophy new-construction tier and the High Line residential frontage.

The building's architectural argument is the dual-tower configuration. Bjarke Ingels Group designed two travertine-clad towers — the West Tower at 36 stories, the East Tower at 26 stories — that twist away from one another, connected by glass-and-brass sky bridges spanning a private interior courtyard. The twist between the towers frames reciprocal views: residents in the East Tower look east through the gap to the High Line; residents in the West Tower look west through the gap to the Hudson River. The architectural form is, in Bjarke Ingels's own description, "shaped by the forces around it" — a configuration that explicitly references both the High Line frontage and the Hudson River exposure as architectural design inputs rather than incidental site conditions.

The travertine facade with punched windows pays explicit architectural reference to the Solow Building (9 West 57th Street, Skidmore Owings & Merrill 1974) and the Grace Building (1114 Avenue of the Americas, Skidmore Owings & Merrill 1974) — two of the most architecturally distinguished mid-century midtown commercial buildings. The travertine specification at One High Line places the building in a deliberate architectural lineage with those buildings; the punched-window vocabulary references the warehouses of the Meatpacking District immediately adjacent.

The building's complicated commercial history is part of its public identity. The original developer, HFZ Capital Group, defaulted on the project loans during the 2020-2021 broader Manhattan supertall residential market shock. Witkoff Group and Access Industries assumed the project in 2021 and rebranded it from "The XI" / "The Eleventh" to "One High Line." Former HFZ managing director Nir Meir was charged in 2024 with directing approximately $253 million of project funding to HFZ-controlled LLCs in an $86 million fraud scheme — a separate legal matter that resolved any cloud over the project's commercial structure under Witkoff and Access Industries' ownership.

Since the relaunch, the building's transaction trajectory has been consistent with the architectural ambition. A $52 million penthouse contract was reported in mid-2023 (approximately 7,000 square feet plus 4,870 square feet of terrace). A $47 million West Tower penthouse closed December 3, 2024 (approximately 7,000 square feet, 4,870 square feet wraparound terrace, 6-bedroom 7.5-bathroom configuration). A $25 million penthouse was acquired by former hedge fund executive Robert Shafir in September 2024 (35th floor, 5-bedroom, West Tower). The Real Deal reported in February 2025 that the project's sellout was approaching completion.

The integrated Faena Hotel adds a hospitality service layer that distinguishes One High Line from peer trophy condominium inventory in Manhattan. Residents receive two one-year Faena Rose memberships, access to the Tierra Santa Healing House spa, and access to a restaurant by chef Francis Mallmann within the building.

For buyers, One High Line represents the architectural and operational apex of contemporary West Chelsea trophy condominium ownership: Bjarke Ingels architectural credential, the High Line frontage, the dual-tower form, the Faena hospitality integration, and the broader West Chelsea cultural and institutional anchor (Whitney Museum, Hudson Yards, the Meatpacking District, the High Line itself).

Architecture and unit composition

The 236 residences distribute across the two towers in configurations from 1-bedroom apartments through full-floor penthouses. Apartment scale ranges from approximately 800 square feet through 7,000-plus square feet for the largest penthouse-tier units; ceiling heights run substantial; floor-to-ceiling glazing defines the apartment exposure. Gabellini Sheppard developed the West Tower interior architectural vocabulary; Gilles & Boissier developed the East Tower interior architectural vocabulary; the two treatments produce a deliberate differentiation between the two towers.

The travertine exterior, the punched-window facade, and the sky bridges between the towers define the building's exterior architectural identity.

Building operations

One High Line operates as a full-service condominium with 24-hour doorman, concierge, private porte-cochère, and the broader operational infrastructure consistent with the trophy new-construction tier. The 18,000-square-foot "High Line Club" amenity package — 75-foot indoor lap pool, full-service spa with steam and sauna, fitness center with private training studios, yoga studio, golf simulator, bridge lounge, private dining room with catering kitchen, children's playroom, games lounge — is supplemented by the Faena Hotel hospitality integration (Faena Rose memberships, Tierra Santa spa access, Francis Mallmann restaurant access).

Recent sales

  • West Tower Penthouse — closed December 3, 2024 at approximately $47,000,000 (~7,000 sf interior + 4,870 sf wraparound terrace; 6-bedroom, 7.5-bathroom; Bulthaup kitchen)
  • 35th-floor 5-bedroom (West Tower) — closed September 2024 at approximately $25,000,000 to Robert Shafir (former Credit Suisse and hedge fund executive)
  • $52 million penthouse contract — reported mid-2023 (~7,000 sf + 4,870 sf terrace)
  • East Tower penthouse — in contract January 2024 at approximately $49,000,000
  • Current available pricing per CityRealty (mid-2024): 1-bedroom from $2.23M, 2-bedroom from $3.175M, 3-bedroom from $6.205M, 4-bedroom from $9.3M

The Real Deal reported in February 2025 that the project's sellout was nearing completion.

What to know if you’re buying

The Bjarke Ingels architectural credential is structurally distinguishing. BIG's most consequential New York residential commission to date.

The High Line frontage is structural. No other trophy condominium offers equivalent High Line frontage and direct integration with the elevated park.

The dual-tower configuration produces apartment-line variation. East Tower units are calibrated to High Line / city-east exposure; West Tower units are calibrated to Hudson River / west exposure; the variation is meaningful and should anchor apartment selection.

The Faena Hotel integration adds operational depth. Faena Rose memberships, Tierra Santa spa access, Francis Mallmann restaurant — service layer materially exceeds the typical trophy condominium baseline.

Condominium financial mechanics apply. Right-of-first-refusal closings; 30–45 day pacing typical.

What to know if you’re selling

Marketing should emphasize the BIG architectural credential, the High Line frontage, and the Faena integration. These are the structural identity-anchors.

Pricing requires apartment-level comparable analysis. Variation between West Tower and East Tower, plus variation between standard floors and the penthouse tier, produces meaningful pricing variation.

Closing timelines are condominium-fast. 30–45 days.

Comparable buildings

If you're considering One High Line, also evaluate:

  • 150 Charles Street — Tamarkin / Witkoff / Vector 2015; West Village trophy peer
  • 160 Leroy Street — Herzog & de Meuron / Schrager 2017; West Village peer
  • The Greenwich Lane — FXCollaborative / Rudin 2015; West Village peer
  • 70 Vestry Street — Stern 2018; Tribeca trophy peer
  • 56 Leonard Street — Herzog & de Meuron 2017; Tribeca trophy peer
  • 15 Hudson Yards — DS+R / Rockwell 2019; Hudson Yards trophy peer

The Roebling Team at One High Line (originally marketed as "The XI" or "The Eleventh" before the 2021 takeover)

The Roebling Team at Compass works the West Chelsea and broader downtown trophy corridor as part of our broader Park-facing Manhattan practice. We publish this building profile because One High Line buyers and sellers deserve building-specific intelligence — architectural attribution, board context, apartment-line comparable analysis — not generic neighborhood commentary.

Considering a transaction at One High Line (originally marketed as "The XI" or "The Eleventh" before the 2021 takeover)?

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