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The Sheffield
The Sheffield is a famous luxury condominium building on billionaire's row in Manhattan, a borough in the city of New York. It is located at 322 W 57th Street between 8th and 9th Avenue. The building features 57 floors with 583 units and many amenities such as 24-hour doorman, attended parking garage, the state-of-the-art fitness facility, a Yoga/Pilates studio, and a his/her spa area complete with sauna, billiards, game tables and a big-screen TV in the residents-only lounge as well as an enclosed pool on the rooftop. The building is conveniently located near major subway lines and close to a coveted CitiBike station. 

History
The Sheffield was created from the conversion of a 50 story rental building by developer Kent Swig. The conversion did not go without issue and involved a court battle with existing tenants. . Eventually, Fortress Investment Group took over from Swig Equities after a foreclosure auction, a move welcomed by existing condo owners. . Despite earning a reputation as 'one of the most expensive and contentious condominium conversions in city history', the Sheffield quickly emerged as one of the premier condominiums in Midtown Manhattan. 

Current Pricing
With the recent rise in real estate prices in Manhattan, the Sheffield turned out to be a good investment for early buyers and offers apartments ranging from 1 bed rooms for $1 million and above to 3 bedrooms which can cost $3-4 million. The building is legally organized as a condominium and some owner rent their apartments out to tenants as well.