61-Unit Condominium Project Could Be Coming To 517 West 29th Street, West Chelsea

517 West 29th StreetPre-demolition 517 West 29th Street. Image via Google Maps.

Back in October of 2015, Six Sigma was in contract to buy the six-story, 55,000-square-foot commercial building at 517-523 West 29th Street, in West Chelsea, for $54 million. The developer has since closed on the purchase and has now filed exploratory applications with the Attorney General’s office to gauge the demand for a potential condominium project, The Real Deal reports. Although details are sparse, the project would include 61 condominium units and ground-floor retail space. It’s not clear if the existing building would be demolished for a new one, although the site can accommodate up to 74,000 square feet of development potential (which means it currently has 19,000 square feet of air rights). Nothing has been filed yet with the Department of Buildings.

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TFC Horizon
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2 Comments on "61-Unit Condominium Project Could Be Coming To 517 West 29th Street, West Chelsea"

  1. One of these condominium are owned, and people can use and live on right allow.

  2. Aracelis Ramirez | November 30, 2016 at 4:21 pm |

    Great project!!! I will be low income application. Please let me know where can I apply?
    Thanks

Comments are closed.