212 West 93rd Street Condominium (212w93)
212 West 93rd Street, Manhattan, NY 10025
Overview
212w93 is a 20-unit condo in Manhattan, with 1 commercial unit.
- Offering plan: Accepted May 2020 · 670 pages
- Finishes: Miele appliances, a washer and dryer in each apartment, Hansgrohe bathroom fittings and a VRF heat pump system for heating and cooling
- Prices: $2,283 a square foot on average, as first offered; $84.4 million in all
- Common charges: $723–$4,691 a month, the sponsor's first-year estimate
- Developer: Landsea Homes
- Sponsor: 212 West 93rd Street LLC, represented by Certilman Balin Adler & Hyman, LLP
- Subway: 1-minute walk to 96 St (1, 2, 3); 7 minutes to 86 St (1)
- Amendments: 7, the latest in April 2026
- Units
- 20 residential · 1 commercial
- Subway
- 1 min walk to 96 St 1 2 386 St 1, 7 min
- Developer
- Landsea Homes
- Average $/sf
- $2,283Homes in Schedule A, as first offered
- Common charges
- $723–$4,691 a monthSponsor's first-year estimate in Schedule A, 11/1/20 To 10/31/21
- Offering price
- $84.4 million total
- SubmittedSeptember 2020
- AcceptedMay 2020
- 7 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Sep 30, 2026.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
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Property Taxes
The plan's first-year tax estimate, checked against the city's real bills.
Each home's estimate, city bills and tax breaksSee it free →Closing Costs
The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.
All 6 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 6 Jul 25, 2024
Post-closing updates including first unit closing, Certificate of Occupancy status, 10 unsold units, new sponsor principal, budget, and escrow bank change.
- First unit closed June 30, 2023 (Unit 3C)
- Temporary Certificate of Occupancy re-issued January 29, 2025; Permanent Certificate of Occupancy anticipated third quarter of 2024
- $5,000 deposited in escrow to obtain Final Certificate of Occupancy
- Chester Gu replaced Jed Lowry as sole Principal of Sponsor as of November 20, 2024
- Sponsor address changed to 228 Hamilton Avenue, 3rd Floor, Palo Alto, CA 94301 as of November 15, 2024
- Ten unsold Residential Units as of April 28, 2025
- Escrow bank changed from Signature Bank to J.P. Morgan Chase Bank, N.A. on April 3, 2023
- Working capital as of April 28, 2025 is $16,940.65; reserve fund balance is $16,950.66
Amendment 5 Jan 31, 2023
Sponsor ownership changed: Gregory S. Balen and Scott Leyton removed; Jed Lowry is now sole principal as of January 11, 2023.
- Gregory S. Balen and Scott Leyton removed as Principals and Members of Sponsor
- Leyton 93 LLC removed as Member of LS-212 West 93 Member, LLC
- Jed Lowry named sole Principal of Sponsor and subsidiaries effective January 11, 2023
- Lowry is Senior Vice President of Corporation Development for Landsea Homes
- Lowry has 18+ years experience in homebuilding and real estate development, involved with construction of over 1,000 homes
Amendment 4 Dec 8, 2022
Plan declared effective after 5 of 20 residential units were sold, representing 25% of units.
- Plan declared effective on December 2, 2022
- 5 of 20 residential units have executed purchase agreements
- Plan extended for six (6) months from filing date of this amendment
Amendment 3 Oct 25, 2022
Escrow agent changed from Schwartz Sladkus Reich Greenberg Atlas LLP to Starr Associates LLP with new escrow account details and updated procedures.
- Escrow agent replaced: Starr Associates LLP at 220 East 42nd Street, New York replaces Schwartz Sladkus Reich Greenberg Atlas LLP
- Escrow account moved to Signature Bank, 261 Madison Avenue, New York, NY 10016
- Escrow account interest rate approximately 0.30% percent, paid to purchaser at closing
- Escrow account is FDIC insured at maximum $250,000 per deposit
- Five New York-admitted attorneys authorized to withdraw funds: Allan Starr, Samantha Sheeber, Andrea L. Roschelle, Adam Kriegstein, and Shaun W. Pappas
Amendment 1 Sep 4, 2020
First closing moved to March 1, 2021; amenities and reserve fund timelines updated; real estate taxes and Schedule A revised.
- First closing estimated date: March 1, 2021; budget year March 1, 2021 through February 28, 2022
- Sponsor address changed to 413 West 14th Street, Suite 200, New York, New York 10014
- All amenities operational by end of August 2021; roof terrace by fall of 2021
- Storage bins available by end of August 2021
- Reserve fund contributions revised: 2021/2022 $44,081.04; 2022/2023 $48,489.12; 2023/2024 $53,338.08; 2024/2025 $58,671.84; 2025/2026 $64,539.00
- Real estate tax estimate for initial budget year: $576,415; post-construction year: $832,000
- Assessed value $2,509,742 for first four months; $6,500,000 for final eight months
- Schedule A-1 storage bins revised for square footage and license fees
Team
- Sponsor
- 212 West 93rd Street LLC
- Developer
- Landsea Homes
- Tax estimate
- Tuchman, Korngold, Weiss, Liebman & Lindemann, LLPPrepared the first-year real estate tax projection
- Construction lender
- Axos Bank
- General contractor
- The Vorea ConstructionHeld the general construction permit on DOB job 121203884
- Structural engineer
- GMSNamed on p. 394
- MEP engineer
- MG EngineeringMechanical, electrical and plumbing · Named on p. 394
- Interior designer
- GRADENamed on p. 394
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R8
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 175 West 93rd Streetnext door · 1984
- 2505 Broadway Condominiumnext door · 44 units · 2021
- Westlynext door · 57 units · 2021
- 212 West 91st Street Condominiumnext door · 428 units
- 165 West 91st Street Condominiumnext door · 110 units · 2013
- Dahlia Condominiumnext door · 38 units · 12 parking · 2019
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