Rego Park, Queens based Samson Management is set to launch sales for units in its newly renovated 498 West End Avenue condominium apartment building in Manhattan starting in September. This according to a report in BuzzBuzz Home.
Prices will start at $3 million and go to above $10 million. Samson acquired what was then a rental building in 2012 for $52.5 million and proceeded to convert it into condominiums.
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Located between West 83rd and West 84th streets, 498 West End Ave has 3 to 5 bedroom apartment. Originally built in 1912, it has 12 stories with 48 units, including a new penthouse which came with a 4, 000 square foot addition to the property. The addition had to be approved by New York’s Landmarks Preservations Commission, which was granted in June.
Other changes include a reconfigured front entrance, removal of its old front stairs and a new cornice to the building. A new light that will harken to the 1912 building’s earlier days will be added to the lobby.
Samson Management CEO David Kershner said in a statement about the building’s alterations, “Everything we do will be true to the character of this extraordinary early 1900s building, from the design of the residences, to the restoration and reconfiguration of a beautiful wrought iron door.”
The renovations of the building should be completed by the spring of 2015.
