The Sheffield is a 57 story multi-use property located at 322 West 57th Street in Manhattan’s Columbus Circle neighborhood comprised of 572 luxury residential units, 109,040 square feet of office space, 8,840 square feet of ground level retail, and a 372 space underground parking garage. The commercial office space, retail and garage units were sold to the Hearst Corporation, owner occupant of the iconic office tower attached to the eastern face of the Sheffield.
Swig Equities acquired the Property in April 2005, converted the building to condominium form of ownership, and redeveloped the entire property including a gut renovation of the apartment units, residential lobby, and outdoor plaza. Due to its irreplaceable location, stunning views, spectacular renovation, the re-envisioned Sheffield has enjoyed tremendous market success.
Swig Equities designed and implemented a spectacular building wide renovation which included apartment combinations, bringing the number of individual apartment units down from the original 845 to 582 graciously sized family apartments which have proven to be tremendously desirable to affluent buyers. In addition, Swig Equities created a spectacular new lobby and a redesigned plaza at the ground floor of the building. All interior elements of the building were demolished and redesigned. These include all new kitchens, bathrooms, flooring, and finishes throughout the apartments as well as building wide replacement of all corridor finishes, windows, electrical risers, plumbing risers, elevator cabs, among many other items.