THE CONDO BOOK PROJECT

Society House Condominium

335 West 35th Street, Manhattan, NY 10013

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Overview

Society House is a 66-unit condo in Manhattan, with 1 commercial unit.

  • Offering plan: Accepted May 2019 · 485 pages · floor plans on page 38
  • Finishes: Miele appliances, a washer and dryer in each apartment, Dornbracht bathroom fittings and a VRF heat pump system for heating and cooling
  • Prices: $1,767 a square foot on average, as first offered; $90.9 million in all ($99.2 million when first offered)
  • Common charges: $414–$2,056 a month, the sponsor's first-year estimate
  • Sponsor: Neo Image Enterprises, LLC & New Tenant, LLC, represented by Marans Weisz & Newman LLC; principals Julie Chen, Lucia Chen, Ted Chen and Tsing Fang Chen aka Dr. T.F. Chen
  • Subway: 2-minute walk to 34 St-Penn Station (A, C, E); 7 minutes to Times Sq-42 St/Port Authority Bus Terminal (1, 2, 3, 7, A, C, E, N, Q, R, S, W)
  • Amendments: 3, the latest in April 2022
  1. SubmittedOctober 2019
  2. AcceptedMay 2019
  3. 3 amendments

First-Year Budget

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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 →

Amendments

Amendment 2 Jun 29, 2020

First Closing delayed to July 1, 2021, offering plan term extended six months, and First Year Budget updated.

  • First Closing moved from December 1, 2020 to July 1, 2021
  • Rescission right for new purchasers if First Closing does not occur by June 30, 2022
  • First Year Budget commencement date changed to July 1, 2021 to June 30, 2022
  • Building subject to $52,000,000.00 mortgage from Shanghai Commercial Bank LTD.
  • Offering plan term extended six months
  • No units have closed; construction not yet complete; no financial statements available
What the amendment changed, line by lineSee it free →

Team

Sponsor
Neo Image Enterprises, LLC & New Tenant, LLC
Principals
Julie Chen, Lucia Chen, Ted Chen, Tsing Fang Chen aka Dr. T.F. Chen
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
Shanghai Commercial Bank
Buyer's lender
First Republic BankThe sponsor's preferred mortgage lender; you can use another · Named on p. 25

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Zoning

Zoning district
C6-4M
Special district
Special Hudson Yards District (HY)

Today's zoning, from city data (PLUTO 26v2).

Nearby

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The Condo Book Project Are Society House's common charges high for the area? No, they're on the low side. Society House budgets $0.94 per square foot a month, against a $1.27 median for the 10 most similar Manhattan plans.Schedule A Do you want to see the list of similar buildings?
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