Parc Beaufort, the restored 14-story building at 140 West 57th Street on Billionaires' Row in Midtown Manhattan, is closing in on completion of its office-to-residential makeover. The Feil Organization, alongside BLDG Management and the Nakash family, is converting the property into 47 condominium homes ranging from studios to three-bedroom layouts. Select loft-style units showcase original double-height windows and nearly 20-foot ceilings, with interiors by Stephen Sills Associates and a redesign by MdeAS Architects.
Conversion takes shape
Plans filed with the New York City Department of Buildings set the conversion in motion, and construction crews have been wrapping up interior work this spring. According to Commercial Observer, Feil filed to transform the 14-story office building into 47 residences and secured construction financing to advance the project.
Historic bones, modern finishes
Originally completed in the early 1900s as artists' studios by Pollard & Steinam, the structure holds onto its limestone and brick façade and the distinctive bay windows that define the block. The updated design is intended to layer new residential finishes onto that historic shell. "Working with a historic landmark requires a deep respect for its original design," Dan Shannon of MdeAS Architects said, according to New York YIMBY.
Amenities and sales outlook
Parc Beaufort's amenity lineup, per the project's official site, includes a 1,600-square-foot landscaped roof terrace, a fitness center with an infrared sauna, an attended lobby, a residents' lounge, bicycle storage and private storage units available for purchase. CityRealty lists a target sales launch in Q3 2026, with planned delivery in Q4 2026, and notes that Corcoran Sunshine Marketing Group is overseeing sales and marketing.
What it means for Billionaires' Row
The project adds another entry to Midtown's growing roster of office-to-residential conversions as owners reposition aging commercial properties to meet housing demand while keeping landmarked exteriors intact amid intensive new development nearby. Coverage of the property's Department of Buildings filings and Feil's long-running plans, along with the building's 2009 purchase from Macklowe for roughly $59 million, highlight how the site has been gradually reimagined over time, as reported by PincusCo.
