Overview
- Denver-based Amstar Group acquired the 33-story, 225-unit Henry Hall from a Shorenstein–Dreamscape joint venture for $129 million.
- U.S. Bank provided $71 million in acquisition financing arranged by JLL Capital Markets.
- JLL represented the sellers, marketed the property, procured the buyer and coordinated the debt placement.
- Completed in 2017 on West 38th Street in Hudson Yards, the property includes about 12,500 square feet of ground-floor retail and hotel-style amenities such as a rooftop terrace, fitness center and music studio.
- Rental data cited in coverage varies, with StreetEasy showing two-bedrooms above $10,000 per month and Yardi Matrix reporting a $2,767–$7,115 range with a $6,548 average.