Legion Investment Group, in partnership with EJS Group, has secured a $190.075 million construction financing package for 11 West 13th Street, a 30-story residential tower in Greenwich Village, Manhattan. Designed by Kohn Pedersen Fox, the approximately 500-foot-tall structure is planned to yield 34 condominium units and would stand as the tallest residential building in the neighborhood. The property is located between Fifth and Sixth Avenues with frontage on both West 13th and 14th Streets.
Site for 11 West 13th Street. Credit: Michael Young.
The financing includes a $140.075 million senior mortgage loan from Bank OZK and $50 million in mezzanine financing from CanAm Enterprises. Excavation is currently underway, and completion is projected for 2027. Sales, led exclusively by Corcoran Sunshine Marketing Group, are expected to begin in mid-2026.
Site for 11 West 13th Street. Credit: Michael Young.
11 West 13th Street will add to Legion Investment Group’s firm’s active portfolio, which includes 1122 Madison Avenue on the Upper East Side, 38 Gramercy Park East, and 550 West 21st Street in West Chelsea. In addition, the team recently completed the full sellout of 109 East 79th Street, with over $400 million in sales.
The below axonometric elevation diagrams show the building beginning with a two-story podium spanning the full through-block parcel. The tower will rise from the center of the lot with a mostly monolithic massing up to the two-thirds mark, followed by a series of setbacks on all four sides. The structure will culminate in a stepped bulkhead.
Rendering of 11 West 13th Street. Credit: Kohn Pedersen Fox.
The closest subways from 11 West 13th Street are the 4, 5, 6, L, N, Q, R and W trains at the 14th Street–Union Square station to the east and the F, L, and M trains at the 14th Street station to the west along Sixth Avenue.
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This is one I really wanna see..
It’s KPF, recent projects prove we shouldn’t be too hopeful here.
Hi David in Bushwick, Why do you say that? From the website they have some quality things. (Genuine question from a RE major)
Is this really 13th Street? It looks much more like 14th…
I believe it will span both. Would you rather say you lived on 13th Street or 14th Street? I thought so.
How can this 500 foot tall building only yield 34 units? Are these going to be full floor units?
Well, probably some full floor units and also some duplex units. Of course, also a couple of floors with half floor units.
I’m a huge YIMBY but this is really disappointing. At 34 floors, it should be 200+ units.
This is Greenwich Village?
DEVELOPER SHOW THE COMMUNITY YOUR PLANS FOR THE SITE.
Enough with the cloak and dagger.
Build something beautiful – see Southwest corner of 14th and 6th for example.
Put he majority of the bulk on wide 14th Street , not narrow old greenwich village like 13th street.
We see you finally show plans for West 21st after it is half built.
What are you hiding ?
500 feet high, a 30 story tower & only 34 units, the math obviously indicates this will be only for the global super elite, the 1%’ers for sure. Vanity floor to ceiling heights, etc, too bad it couldn’t be, (well, google tells me the average amount of floors in a 500 foot high bldg is 40-42, with say maybe 6-10 units per floor, it could have yielded 200-400 units in theory, but the “ultra wealthy” is apparently “all the rage these past 2 decades or so🤷♂️🙈🙊🙉🐒🤔🤷♂️
*building super luxury high-rises that pander TO THE ultra wealthy, is all the rage….(I meant to type)
save the class warfare Todd.
if they can pay for it then good for them.
nobody here is asking for public taxpayer funds – like all those “affordable” housing at $1 Million per unit of NYer’s money.
I just want to see a beautiful contextual building on the outside for the rest of us.
nobody owes you nothing.