Chatham44 Condominium

Year: 2006

Project Type: Development and Marketing

Square Footage: 86,000

Architect: Stephen B Jacobs Group

Sales: Halstead Property

Chatham 44 is a mixed use condominium in the fashionable “Hell’s Kitchen” neighborhood of Manhattan containing 58 residential condominium units and a multi-tenant retail condominium unit.

In early 2006, Chatham Development Company (CDC) acquired a surface parking lot on the corner of West 44th Street and 10th Avenue. Working with the award winning architecture firm Stephen B. Jacobs Group, CDC designed a sleek, modern mid-rise building that helped usher in a new era of gentrification for the neighborhood. CDC, acting as general contractor, broke ground on the project in June 2006, completed construction in December 2007 and completed residential sales in March 2008.

In 2008, Chatham 44 was honored with two awards by CNBC & The New York Times America’s Property Awards for Best Apartment and Best Development.

CDC retained ownership of the retail condominium, subdividing it into four retail stores and entering into long term triple-net leases. The tenants include Pio Pio, Dunkin’ Donuts franchise, Omni Dry Cleaners and Grace Wine & Spirits.

CDC continues to own and manage the retail condominium.