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542 W 153 Street New York, NY

Once a vacant lot in Harlem’s Hamilton Heights, 542 W 153 Street is the first ground-up development in Synapse’s real estate portfolio. As the first commercial-scale passive house in Manhattan, the multi-family residence utilizes 80-90% less energy than buildings of comparable size, driving down the cost of building operations. Construction was completed in October 2017, four years after Synapse first acquired the lot. In October 2019, the asset, which clears 40,000 square feet, was sold.

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