Joseph Chetrit

Listing photos courtesy of Douglas Elliman

May 7, 2020

After three years, developer Joseph Chetrit unloads UES townhouse with an indoor pool for $25M

The townhouse might've sold for $14 million under its asking price, but it's still one of the biggest sales to come through since the coronavirus crisis hit NYC. Owner and big-time real estate developer Joseph Chetrit first listed the double-wide home at 118 East 76th back in 2017 for $39 million. The Wall Street Journal, who learned of the sale from a source close to the deal, notes that the Upper East Side home went into contract "for a significantly larger amount" but "was renegotiated due to the market tumult caused by the pandemic." The lavish home boasts a top-floor indoor pool with a glass-enclosed gym that overlooks it, an elevator that stops at all six floors, a cigar bar, and a patio with an outdoor kitchen and living area.
READ MORE

Real Estate Trends

May 24, 2017

First look at CetraRuddy’s proposed hotel-apartment tower for Hudson Yards

By Devin Gannon

Back in September, the developer Joseph Chetrit filed plans to build a 48-floor mixed-use tower with 421 hotel rooms and 135 residential units in the Hudson Yards neighborhood. Now, the wait is over as renderings of Chetrit Group’s proposed tower at 541-545 West 37th Street have officially been revealed. As CityRealty learned, CetraRuddy Architecture is designing the high-tech skyscraper, which is expected to rise 622 feet and overlook the future Hudson Boulevard Park. The building will span 621,000 square feet and include exhibition, retail, hotel and residential spaces.
More details and renderings

First 1,000+ Foot Tower Outside Manhattan May Rise in Downtown Brooklyn

Rendering based on potential height, via CityRealty

August 5, 2015

First 1,000+ Foot Tower Outside Manhattan May Rise in Downtown Brooklyn

By Michelle Cohen

As the result of the $90 million acquisition of Brooklyn's landmarked Dime Savings Bank building by developers Michael Stern (111 West 57th) and Joe Chetrit, a new residential skyscraper in Brooklyn could nearly reach the height of the Empire State Building. The historic Neo-Roman building at 9 DeKalb Avenue in Downtown Brooklyn–next door to the famed Junior's Restaurant–comes with 300,000 square feet of development rights, which, combined with existing air rights next door at 340 Flatbush Avenue Extension (which the pair bought last summer for $43 million), could be used to build an adjacent tower of nearly 600,000 square feet. The likelihood of a tower that reaches between 1,000 and 1,200 feet has been mentioned by sources close to the deal.
find out more about the planned Brooklyn skyscraper

New Developments

September 5, 2014

Real Estate Wire: $190M for America’s Dirtiest Hotel; How High Tech Investors Live

By Annie Doge

An image of what could go up at the long-stalled Kedem winery site in south Williamsburg. [Brownstoner] They’re just like us? The super-rich buy super-expensive apartments and fill them with super-expensive furniture but never actually occupy them. [NYDN] The priciest properties belonging to tech investors, entrepreneurs and CEOs. [TRD/Business Insider] Joseph Chetrit has agreed to pay $190 […]

Real Estate Trends

Joseph Chetrit

After three years, developer Joseph Chetrit unloads UES townhouse with an indoor pool for $25M

First look at CetraRuddy’s proposed hotel-apartment tower for Hudson Yards

First 1,000+ Foot Tower Outside Manhattan May Rise in Downtown Brooklyn

Real Estate Wire: $190M for America’s Dirtiest Hotel; How High Tech Investors Live

Pitch a Story

Interested in seeing the property in person?

Interested in seeing the property in person?

Distinctive Post Form

Get in Touch

Send us a Tip

Interesting in learning more about purchasing a new home?

Thinking about selling your home?

Sell a Home (Footer)

Before You Move On from this Page.

Your Passport to NYC:Subscribe for Local Insights and Stories!

Before You Move On
from this Page.

Your Passport to NYC:
Subscribe for Local Insights and Stories!