At One High Line, take the good, take the bad
REAL ESTATE • FOUND Development
One High Line, one of the final new developments to complete the landlocking of the High Line, is actually two twisting towers, dubbed East and West. Designed by Bjarke Ingels, it sits in a starchitects’ murders’ row alongside 100 11th Avenue (Jean Nouvel) and the IAC Building (Frank Gehry).
Inside, there are 236 apartments and the first NYC outpost of Miami’s Faena Hotel, opening late 2023. Asking prices on the apartments range from $2 million to over $30 million, a large spread. And because it’s designed by a starchitect, the various twists in the design mean that some floors and units end up with, mmm, unusual angles. NB: bigger doesn’t necessarily mean better.
“What you need to know about this building,” a source told FOUND, “is that there are great $7 million apartments with incredible views, and really bad $17 million apartments. You have to know what you’re looking at.” Should you find yourself in the market, make haste for the river-adjacent West tower. Closings are set to begin this summer.
One buyer this week knew what they liked, inking a deal in the building for $28 million. (For that price, they got the above view.)
One High Line WEST-PH34A (Chelsea, above) 5BR/5.5BA, 5471 SF. In contract: 4/27/23. Closing price: $28M. Common charges $10,226. Listing broker: Corcoran
One High Line EAST-21G (Chelsea), 1BR/1.5BA, 886 SF. In contract: 5/1/23. Closing price: $2.585M. Common charges $1482. Listing broker: Corcoran