60 Guilders Adds Three New Office Condos To Midtown South And Penn Plaza

60 Guilders is converting three office buildings—the 106k SF Corinthian medical office (left), the 177k SF 20 West 33rd St and the 18k SF 18 West 33rd St (both right)—into office condos, adding 300k SF to the Midtown South and Penn Plaza submarkets.

60 Guilders co-founder and managing partner Kevin Chisholm said the conversions coincide with the rise of office ownership in NYC, and will help alleviate pent-up demand.

The three-story, 32-unit Corinthian will be the only medical office condo near the NYU Langone Medical Center, and will feature triple-height ceilings, marble and wood finishes, and a renovated security guard lobby. The office units—which are at the base of a 57-story, separately owned luxury residential tower—range from 1,500 SF to 14k SF.  The renovations, as well as upgrades to the roof and HVAC system, were part of a $1.7M capital improvements program.

The 13-story, 15-unit 20 West 33rd St has units from 14k SF to 28k SF, which feature oversized windows, natural light and views of the Empire State Building. Built in 1912 out of concrete-encased steel and brick, the pre-war building recently got a lobby renovation, along with three new passenger elevators.

The six-story 18 West 33rd St has five-full floor units, all with high ceilings and oversized windows.

60 Guilders hired Rudder Property Group to market the units.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's New York Newsletters
Related Stories

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

Hedge Fund Bids $88M For Spirit Airlines' Former HQ

How Long Island Projects Can Cut Through Red Tape And Community Opposition To Cross The Finish Line

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Oyster Point's Second Phase Half-Leased As Kilroy Navigates Soft Lab Demand

BXP Closes In On Next D.C. Office Development As It Shrinks Assets

Clarion Under Contract To Sell 18-Story Seaport Office Tower

Oil Company Expands Again At Cash Register Building

Slate, Hudson Cos. Picked To Develop Massive Queens Housing Project

BXP's 343 Madison Lands $1.2B Loan, Nears Deal With Equity Partner

D.C. Sues To Block HUD Headquarters Move To Virginia

Ken Griffin Completes Takeover Of Brickell Block, Setting Stage For $2.5B Megaproject