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

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

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Chelsea

221 West 17th Street

10-Story Condominium Project Partially Revealed At 221 West 17th Street, Chelsea

A glimpse of Delshah Capital’s planned 10-story, 14-condo-unit luxury residential building at 221 West 17th Street, in southern Chelsea, is now available. The project will expand the existing six-story commercial building by four stories and the new building will measure about 40,000 square feet, including the retail at street level. Dubbed “The Dorian”, occupancy is expected by late 2016, and Neal Beckstedt Studio is designing interiors.


527 West 27th Street

Revealed: 527 West 27th Street, Isay Weinfeld’s Jardim, West Chelsea

Centaur Properties and Greyscale Development Group have acquired $115 million in construction funding to develop an 11-story, two-building residential and retail property with 36 units at 527 West 27th Street, in West Chelsea, per The Real Deal. YIMBY revealed diagrams in January, and Isay Weinfeld is designing the project, which is dubbed Jardim. Excavation has kicked-off, and completion is slated for the fall of 2016.



117 West 21st Street

10-Story Luxury Residential Project Revealed At 117 West 21st Street, Chelsea

Curbed has the reveal for The Amirian Group’s planned 12-story, nine-unit residential building at 117 West 21st Street, in eastern Chelsea. The site is currently occupied by a four-story commercial structure, but the developer plans to expand upon the existing building rather than demolish it. GRADE Architecture is designing, and the developer acquired the site for $28.5 million in March.




125 West 16th Street

125 West 16th Street Set For Renovation and Expansion

Per The Real Deal, Raphael Toledano has acquired the six-story, 39-unit rental building at 125 West 16th Street, in southeastern Chelsea, for $41.5 million. The new owner plans to add two stories and 20 units to the top of the building, and the existing structure will also be renovated. Madison Realty Capital provided $34 million for the purchase and construction costs.