NEW YORK, NY – November 25, 2025 – GDSNY and Swedish real estate company Corem have sold 28&7, a newly developed, Class A boutique office building in the heart of Manhattan’s Chelsea neighborhood. The transaction, valued at approximately $81 million, closed on November 18, 2025.
Located at 205 West 28th Street, the 12-story, 100,000-square-foot tower was designed by world-renowned architecture firm Skidmore, Owings & Merrill (SOM) and completed in 2022. The property had achieved 100% occupancy in the first quarter of 2025.
28&7 stands out for its distinctive black terracotta facade, large triple-glazed windows, and a modern reinterpretation of classic Manhattan architecture. It offers tenants a premium work environment with state-of-the-art amenities, including:
- Landscaped outdoor terraces
- Advanced air quality systems and CO2 monitoring
- Touchless technology integration
- 24-hour concierge and bike storage facilities
The building is certified LEED Gold and hosts a diverse roster of tenants, including leading finance, media, and technology firms such as Injective Labs, Ellipsis Labs, Epidemic Sound, and retail tenants like Joe & The Juice.
