Luxury Manhattan condo tower planned by Japan's Daiwa House

$370m project to open near Columbia University in 2023

20200714N Daiwa House Manhattan

Daiwa House's new condo, left, overlooks New York's Hudson River in this artist's rendition. (Image courtesy of Daiwa House)

TAKAYUKI INOUE, Nikkei staff writer

OSAKA -- Japanese property developer Daiwa House Industry plans to build a roughly $370 million residential tower in a quiet stretch of New York City near Columbia University.

Slated for completion in March 2023, the 41-story building in Manhattan's Upper West Side is a joint effort with Australian partner Lendlease. Condominium units will go on sale in August 2021, with an estimated average price of $2 million each.

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