Carmel Partners

15 Cliff

156 Unit Renovation in Manhattan

Region: New York Metro
Address: 15 Cliff Street, New York, NY 10038
Strategy: Renovation
Status: Sold
Acquisition Date: 01/10/2014
Units: 156

15 Cliff is a boutique community designed to appeal to the successful millennials of Manhattan’s Financial District.

Surrounded by world-famous shopping, dining, and entertainment options, 15 Cliff is in the heart of the bustling Financial District. Not only is the area zoned for some of the best public schools in Manhattan, but with a recent influx of creative professionals, FiDi is becoming more residential with new grocery stores, cultural venues, and restaurants. With stunning river and city skyline views from the newly landscaped rooftop deck, 15 Cliff operates as a high-end, boutique luxury property. The lobby was reconfigured to increase retail space, while accommodating a new leasing office and fully-equipped fitness center. The second floor houses a resident lounge and outdoor reading garden. The building’s exterior facelift includes modern black metal paneling and a new marquee entry sign. Renovations were completed to all 156 apartments as well as hallways, the lobby, elevator cabs and the roof deck amenity space. Warm contemporary unit interiors are accented with mid-century modern touches creating a downtown aesthetic. All units now come with washers and dryers and wood veneered doors.