Four years ago, Chetrit Group paid $26.5 million for four lots on West 37th and West 38th Streets between 10th and 11th Avenues, near Hudson Yards and the Javits Center. Now Joseph Chetrit’s firm has filed applications for a 46-story, 622-foot-tall tower with a hotel and apartments there, at 545 West 37th Street.
545 West 37th Street
After Chetrit Group landed a $60 million acquisition and pre-development loan for their development site spanning 541-545 West 37th Street, in Midtown West, the developer is planning to move forward with their plans, which YIMBY reported on nearly a year ago. The site boasts 373,000 square feet of building potential, and conceptualized as a 50-story mixed-use tower featuring 100 residential units and 350 hotel rooms. Two three-story buildings must first be demolished.
A major site in the Hudson Yards, spanning from 541-545 West 37th Street to 540-544 West 38th Street, has been put back on the market, per a fresh PDF by Massey Knakal. But before developer Joseph Chetrit…