Element

555 West 59th Street

New York, NY 10019
Condo
About
ELEMENT is a new 35 story glass tower condominium offering 186 residences and an unprecedented wealth of amenities in the heart of Columbus Circle West, located on West 59th Street between Amsterdam and West End Avenues. The residences at ELEMENT range from 1-4 bedroom layouts including town homes with private gardens and duplex penthouses with wraparound terraces. The interiors are finished with 9-10 foot ceilings, wide plank oak flooring, imported Italian cabinetry, Dornbracht fixtures, and Sub- Zero and Bosch appliances. The seemingly endless building services and amenities start with a landscaped circular driveway with porte cochere, an attended parking garage, full time doorman and concierge, private storage, bicycle room, and cold storage for fresh food deliveries. The spa at ELEMENT features a 60 3-lane lap pool, children's pool, whirlpool, massage and treatment room, saunas, fitness center, Yoga/Pilates studio, and indoor basketball and squash courts. Element has approximately 12,000 SF of outdoor space including its own great lawn, social lounge and sundeck. The children's playroom with adjoining outdoor playground is outfitted with toys and accessories from FAO Schwarz, weekly classes are hosted by Jodi's Gym. The resident lounge at ELEMENT features intimate seating areas, billiards table, flat screen TV, and kitchen area. Description provided by Joseph Guzzo Building facts Architect: SLCE Architects, Developer: Brack Capital Real Estate USA, Coalco, and Continental Ventures, Sales and marketing: Brown Harris Stevens

BROKER SPECIALIST:
Douglas Elliman Real Estate
Susan Kim
ykim@elliman.com
212.303.5275

https://yusookkim.elliman.com/
Applications
555 West 59th Street - Sale (G)
555 West 59th Street - Leasing (G)
555 West 59th Street - Lease Renewal
Property Contacts Depm newlogo 3.20

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Documents

Building Financials

2015 Financial Statement - 555 West 59th Street $50.00 05/20/19
2016 Financial Statement - 555 West 59th Street $50.00 03/06/20
2017 Financial Statement - 555 West 59th Street $50.00 03/06/20

By Laws

By-Laws - 555 West 59th Street $50.00 08/16/17

Building Offering Plan And Amendments

23rd Amendment - 555 West 59th Street.pdf $50.00 05/13/17
Amendments 1-23 - 555 West 59th Street.pdf $150.00 05/13/17
Offering Plan ONLY - 555 West 59th Street.pdf $150.00 05/13/17
Offering Plan and Amendments 1-23 - 555 West 59th Street.pdf $250.00 08/16/17
Additional Services

BoardPackager Services are administered exclusively by BoardPackager. All services are separate from those provided by Property Management Companies to their clients. All BoardPackager services are provided with full knowledge and cooporation with Property Management, but without Property Management supervision. Any fees associated with services offered are BoardPackager fees.
Hire a Specialist
Any user can engage a BoardPackager Specialist to assist with completion and submission of a Board Packager to a Property Management company.
There is a fee associated with each engagement that is payable to BoardPackager
Building Policies

General Policies

Subletting Allowed A Corporate lease fee in an amount equivalent to 5% of the common charges will be billed monthly for the duration of any lease agreement.
Pied-a-terre Allowed
Building Fees

Condo Sale

Payor Building Fees Amount Due Upon
Buyer Credit Report Fee $75 Per Applicant Submission
Buyer Move In Deposit $2,000 Submission
Buyer Move In Fee $500 Submission
Buyer Working Capital Contribution in an amount equivalent to three (3) months maintenance Submission
Seller Application Fee $600 ($650 Without A Broker) Submission
Seller Move Out Deposit $2,000 Submission
Seller Move Out Fee $500 Submission

Condo Lease

Payor Building Fees Amount Due Upon
Landlord Application Fee $600 ($650 Without A Broker) Submission
Landlord Move Out Deposit $2,000 Submission
Landlord Move Out Fee $500 Submission
Tenant Credit Report Fee $75 Per Applicant Submission
Tenant Move In Deposit $2,000 Submission
Tenant Move In Fee $500 Submission
Landlord Corporate Lease Fee 5% of the Annual Common Charges Upon Approval

Lease Renewal

Payor Building Fees Amount Due Upon
Landlord Processing Fee $300 Submission
Processing

Single Application Initiation Fee

One-time fee paid by the person who begins the application

Payor Fees Amount Due Upon
Application
Initiator
If Agent or Attorney

If Applicant or Owner
$50

$100
Initiation
Application Participants Any Free N/A

Digital Submission Fee

Payor Type Amount Due Upon
Applicant Purchase
Lease/Sublet
Renewal
$45 Complimentary

Card Processing Fee

Payor Fees Amount Due Upon
Any Participant Paying Building Fees Card
Processing
5% of Total
(excluding Digital Submission
& Initiation Fees)
Submission
Property Management
Property managed by:
Depm newlogo 3.20
All building information and documentation provided by property management.
05/27/20
Total Fees: 451
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