Sarah Bretz, ContributorAfter two decades of sailing for Regent Seven Seas Cruises, Seven Seas Navigator is headed for a new life as a residential ship. The vessel will be leaving the fleet in 2026, headed for a brand-new cruise line called Crescent Seas. The brand, which was introduced to the world today, was created by real estate developer Crescent Heights.
The 490-guest ship is set to be one of five scheduled cruise ships operating as luxury residences at sea, designed for travelers who are accustomed to the “private oasis of the yachting lifestyle,” according to Crescent Seas. It will undergo an extensive $50 million refurbishment, with three elite design firms on the project: Lissoni & Partners, Journey, and MAWD. Crescent plans to announce the four additional residential ships over the next five years.
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,” he said. “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. 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.”
The vessel, which will be renamed simply Navigator, will feature 210 residences ranging in price from $750,000 to $8 million. All units will enjoy white-glove butler service and high-speed Starlink wireless internet.
The ship will meander around the world, visiting destinations for two or three days at a time. The schedule will include all seven continents, with exotic port calls in places like French Polynesia, the Faroe Islands, and Madagascar.
“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.
Crescent Seas is being launched through GFO Investments, Galbut’s global family office and a major investor in Crescent Heights. As Co-Founder and Managing Principal of Crescent Heights, Galbut has an exemplary track record of developing urban projects in gateway cities across the country including Ten Thousand Santa Monica Blvd and The Remington in Los Angeles, Forma Miami, and the redevelopment of 25 Broad Street in New York City into the most desired homes and residences. Galbut’s development expertise, coupled with his over 23-year tenure in the cruise industry, gives Galbut a unique vantage point to meet the current market demands and drive the success of Crescent Seas.
Residence sales for Navigator will open to the public on April 9th. A sales gallery is located in Miami for prospective buyers. The vessel’s maiden voyage with Crescent Seas is scheduled for December 2026.
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