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Property

Luxury Manhattan condo tower planned by Japan's Daiwa House

$370m project to open near Columbia University in 2023

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

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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