Bringing its legacy of reimagining vertical urban living to the ocean, Crescent Heights is introducing its inaugural ship, Navigator, as the first in a planned fleet of high-end residential vessels. The launch is made possible through a strategic agreement with the ship’s owners, affiliates of Norwegian Cruise Line Holdings Ltd. (NCLH).
A $50 Million Transformation to Ultra-Luxury Living at Sea
The Navigator is undergoing a transformative $50 million reimagining, setting a new benchmark in maritime residential experiences. Spearheading the redesign are three renowned design firms—Lissoni & Partners, Journey, and MAWD—each lending their distinct flair to elevate the onboard environment. The reimagined vessel will feature 210 refined residences, with price tags ranging from $750,000 to $8 million.
From custom-tailored butler services to Starlink-powered internet connectivity for remote working or virtual education, every detail has been crafted to meet the evolving needs of the modern, mobile luxury resident.
Prospective buyers can explore the project firsthand at a new sales gallery opening in Miami on April 9, 2025, with Navigator’s debut voyage scheduled for December 2026.
And this is just the beginning—Crescent Seas plans to unveil four additional ships over the next five years, each redefining what it means to live luxuriously on the ocean.
Russell W. Galbut, a founding partner of Crescent Heights and a leader in the cruise industry, is spearheading the growth of Crescent Seas, “After spending so much time on the seas, we noticed that travelers yearned for more. People on the ships kept telling us they wanted to live this luxurious lifestyle. So, we decided to select ships with the right configurations to convert to the most magnificent cruising yachts,” Galbut said. “With most of the earth’s surface covered by water, it only felt right to use our 50 years of development expertise on land, to create the most magical residences at sea. Why vacation to just one gateway city when you can be at home and live in all the greatest gateway cities around the globe? After hand-selecting this ship, we hired the same experienced management teams to operate the ship for the first 10 years of operations. We are delighted to be able to provide luxury homes to people that will carry them to places they’ve only dreamed of.”
Unlike traditional commercial cruises, owners of these best-in-class residences will journey on extended voyages around the world staying in each destination for 2 to 3 days. The adventurous itineraries will span across all seven continents, reaching some of the most far stretched destinations on the planet. Marisa Galbut, President of Crescent Seas stated, “Residents will venture to
Uncompromised Service Backed by Maritime Legacy
To ensure a seamless luxury experience, Navigator and its future sister ships will remain under the operational leadership of their experienced seafaring teams. Hospitality and onboard services will continue to be delivered by The Apollo Group, a titan in cruise dining and guest services with more than five decades of excellence in the cruise industry.
Residents can expect gourmet dining, intuitive service, and high-end lifestyle experiences that mirror the standards of the world’s most prestigious resorts and ocean liners.
“We are delighted to announce that Navigator will continue to sail the ocean with Crescent Seas. While we know Navigator is a favorite to many guests, with our two new Prestige Class ships on order, this agreement allows us to optimize our fleet while ensuring Navigator continues creating unforgettable memories at sea,” said Jason Montague, Chief Luxury Officer of Regent Seven Seas Cruises.
A Vision Brought to Life by GFO Investments and Crescent Heights
Crescent Seas is backed by GFO Investments, the global family office of real estate visionary Russell Galbut, who also serves as Co-Founder and Managing Principal of Crescent Heights. With a portfolio that includes standout developments like Ten Thousand Santa Monica Blvd, The Remington, Forma Miami, and the transformation of 25 Broad Street in New York City, Galbut is known for crafting iconic urban landmarks.
Leveraging over two decades of leadership in the cruise industry, Galbut’s unique experience straddling both real estate and maritime sectors places him in a rare position to bridge these worlds and meet the rising demand for oceanic luxury living.
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Crescent Seas, Crescent Heights, luxury cruise residences, Starlink internet, residential ship launch
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Crescent Heights launches Crescent Seas, a luxury sea-based residential concept debuting with the Navigator—210 high-end homes, Starlink connectivity, and world-class amenities.
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Crescent Heights introduces Crescent Seas, a first-of-its-kind luxury residential cruise concept starting with Navigator—offering ultra-premium homes and refined oceanic living.
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Crescent Heights launches Crescent Seas with Navigator, a $50M luxury cruise residence project offering 210 homes, Starlink Wi-Fi, and butler service at sea.
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Crescent Heights Sets Sail with Crescent Seas, Launching Ultra-Luxury Ocean Residences on $50 Million Refurbished Navigator Ship with Starlink and Butler Service
Tags: Regent Seven Seas Cruises, Russell W. Galbut, Crescent Heights, Crescent Seas
