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What's happening in your backyard? YIMBY News delivers the day's top five new development stories to your inbox every weekday morning.

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Chelsea

Jardim, image by Isay Weinfeld

Full Reveal for 527 West 27th Street, aka Jardim, Designed by Isay Weinfeld

YIMBY previously reported that construction began on the through-block project spanning from 527 West 27th Street to 520 West 28th Street back in January, and we followed up with a partial reveal from the construction documents later that month. Now we have the full renderings for the building, dubbed Jardim, which is being designed by Isay Weinfeld. Centaur Properties and Greyscale Development Group are developing the project, and Pizzarotti IBC is the builder.

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606 West 30th Street

Developer Acquires Yet-To-Be-Rezoned Site At 606 West 30th Street, West Chelsea

Lalezarian Properties has acquired a warehouse at 606 West 30th Street, in West Chelsea, for $36 million. The site currently has roughly 30,000 square feet of development rights, and is zoned for retail or light manufacturing, but the developer is likely waiting on a rezoning that would allow for residential use. The site is located across from the High Line and Related’s multi-skyscraper Hudson Yards development. [The Real Deal]


260 11th Avenue

Seven-Story Otis Elevator Building Slated For Office Conversion, 260 11th Avenue

Vornado Realty Trust has purchased the seven-story Otis Elevator Building at 260 11th Avenue, in West Chelsea, for roughly $80 million in stock units, according to Bloomberg Business, and is leasing the land under the building for 99 years. Vornado is planning to convert the building into office space; an expansion is also possible as the building has available development rights.


242 West 22nd Street

Five-Story, Three-Unit Residential Building Planned At 242 West 22nd Street, Chelsea

Celine Mo, of Roystar Investment Corp., has filed applications for a five-story, three-unit residential building at 242 West 22nd Street, in eastern Chelsea. The building will measure 7,600 square feet, and units will definitely be condominiums, averaging a spacious 2,530 square feet. James Wagman Architects is the applicant of record, and the existing four-story, four-unit townhouse passed pre-demolition inspection earlier this month.



455 West 19th Street

11-Story, Nine-Unit Condo Building Planned At 455 West 19th Street, Chelsea

At 455 West 19th Street, in Chelsea, a single-story warehouse is expected to be redeveloped into an 11-story, nine-unit mixed-use building, according to Curbed. The building will measure 27,480 square feet in total, which will include 1,145 square feet of old warehouse space retained on the ground floor. Units will average a condo-sized 2,925 square feet. NYC Prince LLC is the developer, and Paik Architecture is the architect of record.


232 Seventh Avenue

Excavation Begins At 232 7th Avenue, Site Of 17-Story, 50-Unit Building, Chelsea

Early in 2014, YIMBY revealed renderings of the planned 17-story, 50-unit mixed-use building at 232 Seventh Avenue, in eastern Chelsea, and now YIMBY can report excavation has commenced at the site. The building will measure 42,325 square feet, which includes 2,425 square feet of retail on the ground floor, and C3D Architecture is designing. Chelsea 7 JV LLC is the developer, and the project’s completion is most likely towards the end of 2016 or early 2017.



323 10th Avenue

Lalezarian’s 35-Story Mixed-Use Tower Revealed At 323 10th Avenue, West Chelsea

At the end of 2014, YIMBY semi-revealed Lalezarian’s planned 35-story, 220-unit mixed-use tower at 323 10th Avenue, in West Chelsea. Now, renderings of the tower have been posted on-site and construction is underway, with rebar poking up above street level, courtesy of photographs by ILNY and Tectonic. The project also includes two other 13-story buildings on the other side of the High Line, at 507 West 28th Street, which will amount to another 155 residential units.


541 West 21st Street

Eight-Story Commercial Building At 541 West 21st Street Hits the Market

The eight-story, 65,000 square-foot warehouse at 541 West 21st Street, in West Chelsea, has been placed on the market as a redevelopment site. The property could be worth more than $65 million, according to Crain’s Business. The commercial property is primed for a hotel or office conversion. Property owner Erno Bodek has tasked Meridian Investment Sales and Rosewood Realty Group with marketing the property.