TF Cornerstone will soon welcome Chip City Cookies, an expanding New York City-based bakery, as a retail tenant at 278 Seventh Avenue in Chelsea, Manhattan. Designed by FXCollaborative, the 14-story rental property known as Chelsea Centro opened in 2001 and comprises around 133,000 square feet. Chip City Cookies is expected to open at the beginning of next year.
The affordable housing lottery has launched for 278 Eighth Avenue, a 14-story mixed-use building in Chelsea, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Chelsea 23rd Realty Corporation, an LLC affiliated with JJ Operating, the structure yields 190 residences. Available on NYC Housing Connect are 48 units for residents at 40 to 130 percent of the area median income (AMI), ranging in eligible income from $26,092 to $198,250. For units where the income limit is set at 40, 60, and 80 percent of the AMI, units are designated for individuals or households that have at least one household member who is 62 years of age or older.
NYCHA has announced a $1.5 billion plan to demolish and rebuild the Fulton and Elliott-Chelsea Houses in Chelsea. To complete the project, NYCHA has partnered with Essence Development and Related Companies, who will also work closely with residents and tenant associations to help ensure alignment among all community members.
Construction has fully topped out on Terminal Warehouse, a seven-story commercial addition above a historic building at 261 Eleventh Avenue in West Chelsea, Manhattan. Designed by COOKFOX Architects and developed in collaboration by L&L Holding Company and Columbia Property Trust, the building will comprise 1.3 million square feet of Class-A office and retail space.
MAG Partners and Lidl US have announced a 23,000-square-foot lease for a ground-floor grocery store at 335 Eighth Avenue in Chelsea, Manhattan. The 200,000-square-foot, seven-story mixed-income apartment building is being developed within the Penn South campus, an affordable housing cooperative designed by COOKFOX.