COOKFOX

Excavation and Foundations Progressing at 241 West 28th Street in Chelsea, Manhattan

Below-grade work is progressing at 241 West 28th Street, a 22-story, 479-unit residential project in Chelsea. Designed by COOKFOX for MAG Partners, Atalaya, Safanad, and Qualitas, the two-tower development recently acquired $173 million in construction financing arranged by Maverick Commercial Properties. MAG Partners acquired the Midtown, Manhattan property in December 2018 and established a 99-year ground lease with Edison Properties. 241 West 28th Street is located between Seventh and Eighth Avenues and will have 30 percent of residential units reserved for low- and middle-income households. Urban Atelier Group is the general contractor.

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Betances Senior Residence in Mott Haven, The Bronx

Housing Lottery Launches for Betances Senior Residence in Mott Haven, The Bronx

The affordable housing lottery has launched for Betances Senior Residence, a Passive House senior housing building at 445 East 142nd Street in Mott Haven, The Bronx. The 12,000-square-foot development is designed by COOKFOX Architects and is developed by Breaking Ground. Available on NYC Housing Connect are 78 units for residents at 50 percent of the area median income (AMI), ranging in eligible income from $0 to $53,700.

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COOKFOX’s 378 West End Avenue Progressing, Sales Launch, On Manhattan’s Upper West Side

Sales recently launched for 378 West End Avenue, and the brick exterior for COOKFOX’s topped out 18-story project is quickly rising. Alchemy Properties is developing the Upper West Side residential complex, which incorporates the adjacent restoration of a 1915 Palazzo-style building located at the corner of West End Avenue and West 78th Street, and sits to the north of the abutting Collegiate Church. Inside 378 West End Avenue will be 58 one- to six- bedroom residences, including a collection of penthouses with pricing upon request, pre-war proportions, high ceiling heights, and oversized windows. Prices for one-bedrooms start at $1,795,000, two-bedrooms for $3,525,000, three-bedrooms for $5,550,000, four-bedrooms for $6,995,000, and five-bedrooms for $9,895,000. Alchemy Properties and Compass are working together to market the condominiums.

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