Silverback Development is developing a new $250,000,000 condominium tower located at 131 East 47th Street. The 200-unit tower designed by Ismael Leyva Architects will offer approximately 5,000 square feet of retail at its base as well as several landscaping features and sky lounges. The development is underway in partnership with a notable international investment entity with extensive experience managing substantial investments in capital markets and alternative asset classes, including all real estate types, around the globe.
Silverback was selected as the development partner for this project following an extensive, months' long RFP process whereby it competed against a number of the City’s most highly established development companies. Silverback is committed to constructing one of the most technologically advanced condo buildings in Manhattan and will include a top-of-the-line building management system, advanced digital security system and fully integrated home automation.
Source: Silverback Development