Mitsui Fudosan

April 8, 2021

Condo sales relaunch at 200 Amsterdam after court delays

Sales have resumed at 200 Amsterdam Avenue, the 52-story Upper West Side tower that has faced a series of legal challenges since 2017. Developed in partnership by SJP Properties and Mitsui Fudosan, the building is 668 feet tall, the tallest in the neighborhood. The tower nearly lost that superlative after a judge in February 2020 ruled that as many as 20 floors may have to be chopped from the building for violating zoning rules. But last month, the New York State Appellate Court reversed that decision and declared the developer's permit valid.
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June 26, 2019

Nearing pinnacle, disputed 668-foot Upper West Side tower gets city board approval

In a race to the top of sorts, developers of the 668-foot residential tower rising at 200 Amsterdam Avenue got the green light to keep climbing, Curbed reports. On Tuesday the city's Board of Standards and Appeals upheld its initial approval for the tower, which has been embroiled in a heated zoning lot dispute. The board approved the project last year, but in March the state Supreme Court overruled the city’s decision, ordering the board to re-evaluate the permit for the project led by developers SJP Properties and Mitsui Fudosan, who have already proceeded with construction at the 69th Street site. The tower is expected to top out this summer.
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March 15, 2019

Court rules against the 668-foot tower already rising at 200 Amsterdam Avenue

A state Supreme Court ruling on Thursday overruled the city’s decision to allow a permit for 200 Amsterdam Avenue, the controversial Upper West Side condo project that has been challenged by community groups and elected officials because of its oddly-shaped, gerrymandered lot. As Crain’s reports, the Board of Standards and Appeals, which approved the project last year, has been ordered to go back to the drawing board and re-evaluate the permit for the project led by developers SJP Properties and Mitsui Fudosan, who have already started construction at the 69th Street site.
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July 18, 2018

City says 668-foot UWS supertall complies with zoning rules despite community protests

The city's Board of Standards and Appeals found Tuesday that a 668-foot-tall tower proposed for a zoning lot at 200 Amsterdam Avenue does, in fact, comply with zoning rules, The Real Deal reports. The decision gives developers SJP and Mitsui Fudosan the green light to proceed with development of a condominium tower on the site at 69th Street despite a growing body of community groups opposed to the project. The Committee for Environmentally Sound Development had challenged the Department of Buildings' approval of the project on the grounds that developers assembled an illegal zoning lot in the form of a 39-sided polygon 10 times larger than the actual building's planned footprint with the intent of building a larger tower.
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August 8, 2016

79 Affordable Units Up For Grabs in New Luxury Hell’s Kitchen Project, Starting at $913/Month

Last June, Mitsui Fudosan, one of the largest real estate companies in Japan, bought a majority stake in Taconic Investment Partners' 525 West 52nd Street, a $330 million rental development between 10th and 11th Avenues. As the Journal reported at the time, the two-towered Hell's Kitchen project (one is 22 stories, the other 14) will offer 392 apartments with 80 set aside for low-income residents, as it was developed through the city's 421-a program. Now, those affordable units have come online through the city's housing lottery, and they range from $913/month studios to $1,183/month two-bedrooms.
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