**Feil Partnership Plans Midtown Office-to-Condo Conversion**
The Feil Organization, in partnership with Lloyd Goldman and the Nakash Family, has announced plans to convert 140 West 57th Street, a historic 14-story office building in Midtown Manhattan, into a 47-unit luxury condominium.
The development team recently secured a $65 million construction loan from Deutsche Bank to fund the transformation.
Construction is expected to start in spring 2025, with project completion targeted for the fourth quarter of 2026. Corcoran Sunshine will handle sales and marketing for the new residences.
“Located within the desirable 57th Street corridor, 140 W. 57th St. is in the ideal location for a residential conversion,” said Brian Feil, principal at the Feil Organization. “Given the strength of the joint venture sponsorship, we are confident that we will deliver an impactful redevelopment that is well-received by the market.”
Originally completed in 1908, 140 West 57th Street is situated between Sixth and Seventh Avenues in Midtown Manhattan. The building, which features a landmarked neo-Gothic façade, will undergo the conversion under the direction of MdeAS Architects, who will preserve its historic architectural character.
This project aims to bring new life to one of Manhattan’s most coveted neighborhoods by blending historic charm with modern luxury living.
