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Mercedes House Sale Closes; Pier 17 Concerts to Continue

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Mercedes House photo by Will Femia

HELL'S KITCHEN?Two Trees has closed on the $170 million sale of the top ten floors of the Mercedes House. The Dallas-based company Invesco now controls the 162 "luxury rentals" on the top floors of the massive West Side development, and they will begin marketing them next month. The first 222 apartments, plain old regular rentals, hit the market in 2011, and another 490 were released last summer. The second phase is currently 78 percent leased. Bozzuto Group will be managing the Invesco-owned units, but there's no word yet on pricing. [CurbedWire Inbox; previously]

SEAPORT?With construction on the new Pier 17 set to begin on July 1, we wondered if the Seaport's summer concert series would still be happening this summer. Music fans need not worry. A rep from Howard Hughes tells us they will still be hosting the Seaport Music Festival and the River-to-River Festival, but the events calendar is not yet finalized. [CurbedWire Inbox; preivously]

Mercedes House

555 West 53rd Street, New York, NY 10019 Visit Website