The Caiola Portfolio features 11 mixed income properties in two of New York City’s most sought-after neighborhoods: Chelsea and the Upper East Side. This impressive collection, bought from a family real estate business, was acquired in partnership with Blackstone Group and reflects Fairstead’s mission to create unique and elevated residential experiences for as wide a range of residents as possible, regardless of income.
As standard with Fairstead properties, a comprehensive, custom-tailored renovation plan was put into place. Some apartments in the portfolio received full-gut renovations, while others were given a significant refresh. In either case, the updated buildings maintained their original character and detail even as they welcomed all the modern updates and finishing touches. Outside their apartment walls, residents benefit from on-site management and exclusive events that bring neighbors together.