Project type: Residential Re-Positioning

This project was purchased with Lehman brothers to convert rental product to for sale product. The development totaled 200 units, 172 units in a 10-story tower and 28 townhomes, equipped with an indoor swimming pool, and outdoor tennis court. The project was one of PMG’s early success stories.

5 East 17th Street is a classic condominium loft residence which offers an exceptional combination of location and space. The surrounding Flatiron neighborhood takes its name from the historic triangle shaped Flatiron building at Fifth Avenue and 23rd Street. This area is noted for its elegant gothic cast iron and stone structures, many of which were built as department stores catering to the fashionable women at the turn of the century. Hence the district became known as the “Ladies’ Mile”. The Flatiron neighborhood has enjoyed a notable revival, and is now home to a broad mix of artists, photographers, business professionals, entertainment executives, and “Silicon Alley” entrepreneurs, many of whom also work in the Flatiron district. The location is superb! 5 East 17th Street is in the heart of Flatiron, between Fifth Avenue and Union Square Park, and within walking distance of neighboring Chelsea, Greenwich Village, and SoHo. Transportation is excellent, with easy access by subway or bus to any area of Manhattan.

Conveniently located, Herald Towers showcases a great selection of studio, 1 bedroom, and two bedroom designs, offering the best of pre-war architecture, high ceilings, and a rooftop sundeck. Many residencies feature spectacular city views. This neighborhood is in the center of the hustle and bustle of city life, convenient to shopping, transportation, popular restaurants, bars & clubs, fitness gyms, and entertainment. Herald Towers’ modern lobby, on-premise valet, and 24-hour concierge offers you the ultimate luxury in Manhattan.

Wonderful location with 56 luxury residences and garage parking option. This project was one of PMG’s first luxury condominium developments in New York City.

Designed in 1927 by pre-eminent Art Deco architect Ralph Walker, Stella Tower, located at 425 West 50th Street, offers 51 of the finest condominium residences and captures the best of pre-war architecture and modern living. Located in the quintessential New York neighborhood of Hell’s Kitchen, Stella Tower shines as a new beacon, showcasing dramatic 360-degree views. Developed by the same visionary experts behind Walker Tower, the original Art Deco ornamentation, brick façade and remarkable crown have been carefully restored to reflect the brilliance of Ralph Walker’s masterpieces.