Construction Update: 551 West 21st Street, West Chelsea

551 West 21st Street551 West 21st Street

When we last checked in on the Foster + Partners-designed 551 West 21st Street project on West Street, the project had topped out, but the façade had yet to be installed.

Now, the 19-story building is substantially complete from the exterior, with most of its windows installed (the Juliet balconies will be coming in the next few weeks) and the stark white masonry in between them in place. (The signature gold trim, however, has not yet gone up.)

551 West 21st Street

551 West 21st Street

“With the windows and glazing rising, the building is truly taking shape into its iconic presence in West Chelsea,” said a representative in a statement to YIMBY. “Once the gold trim around the windows starts being installed, the building will undoubtedly be the center of attention.”

On the building’s website, available residences are three- and four-bedrooms, ranging from a mere $7.25 million for a sixth-floor unit with nearly 3,000 square feet of floorspace, to $15.9 million for a nearly 4,300-square foot four-bedroom on the 12th floor, with exposures in every direction.

551 West 21st Street

551 West 21st Street, photo by Terri Mills

We’ve heard that around 80 percent of the building’s 44 units have been sold, with the focus now on selling the units near the top – the real moneymakers for ultra-luxury buildings like this one. (The penthouse, asking $50 million for 6,400 square feet, is already in contract.)

Beyer Blinder Belle is the architect of record, with world-class architects like Norman Foster not deigning to deal with the Department of Buildings.

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