Photo: HFZ Capital
Located at 344 West 72nd Street, the Beaux Arts property was first constructed in 1904 and acquired by HFZ in December 2012 for $150 million. The approximately 159 rental units in the building will be pared down to 50 co-ops, according to Curbed.
The residences will include one-bedrooms to five-bedrooms, along with townhouse and penthouse units. Pricing ranges from $2 million to more than $10 million, according to the teaser site.
Before the sale to HFZ, the russet-facade Chatsworth had been owned by the family of Lenore Dean for almost seven decades.
The original architect, John E. Scharsmith, embellished the facade with “hand-sculpted cherubs, fruit and stags — layering allegory and intrigue upon limestone,” the official site proclaims. Hence, the stag-tacular logo below. Now, what’s the status on that rooftop addition?