Covenant House

Demolition Underway for 550 Tenth Avenue in Hell’s Kitchen, Manhattan

Demolition has begun at 550 Tenth Avenue, the site of a 47-story residential skyscraper in Hell’s Kitchen. Designed by Handel Architects and developed by Gotham Organization and Goldman Sachs Asset Management JV, the 430,000-square-foot structure will yield 453 units, with 316 market-rate and 137 moderate- and middle-income homes, as well as 9,000 square feet of retail space and over 20,000 square feet of amenities. The building will also house 26,764 square feet of administrative office space for Covenant House. Wells Fargo and US Bank provided a $212 million construction loan and Lionheart Strategic Management assisted with $35 million in mezzanine financing for the project, which is located along Tenth Avenue between West 40th and 41st Streets.

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Covenant House Completes Construction at 460 West 41st Street in Midtown West, Manhattan

Construction is complete on 460 West 41st Street, a 164-foot-tall mixed-use building in Midtown West. Designed by FXCollaborative and developed by Covenant House, the 80,290-square-foot structure is the first supportive housing development by the company in nearly 50 years and was made possible with help from Gotham Organization and Denham Wolf Real Estate Services. The site is located along the southern border of Hell’s Kitchen between Eighth and Ninth Avenues and West 40th and West 41st Streets, and is a short distance from the Port Authority Bus Terminal. The building will yield 60 residential units averaging approximately 884 square feet, as well as a 53,053-square-foot community facility. The project was last reported to cost $128 million.

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Covenant House’s Brick Façade Nears Completion at 460 West 41st Street in Midtown West, Manhattan

Façade work is nearing completion on 460 West 41st Street, a 164-foot-tall mixed-use building in Midtown West. Designed by FXCollaborative and developed by Covenant House, the structure will become the first supportive housing development by Covenant House in nearly 50 years, with help from for-profit entities Gotham Organization and Denham Wolf Real Estate Services. The 80,290-square-foot property is located between Eighth and Ninth Avenues and will yield 60 residential units averaging approximately 884 square feet, as well as a 53,053-square-foot community facility. The project is expected to cost $128 million.

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Covenant House Nears Pinnacle at 460 West 41st Street in Midtown West

The steel superstructure is nearing the pinnacle of Covenant House, a 164-foot-tall mixed-use building at 460 West 41st Street in Midtown West. Designed by FXCollaborative and developed by Covenant House, the 80,290-square-foot project will yield 53,053 square feet of community facility space and 60 residential units averaging approximately 884 square feet apiece. 460 West 41st Street is planned to be the first supportive housing development by Covenant House in 48 years and includes help from for-profit entities Gotham Organization and Denham Wolf Real Estate Services.

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Activity Underway on FXCollaborative’s Covenant House at 460 West 41st Street in Midtown West

Construction activity is underway at 460 West 41st Street, a 164-foot-tall mixed-use building in Midtown West. Designed by FXCollaborative and developed by Covenant House, the 80,290-square-foot edifice will contain 53,053 square feet dedicated to community facility space and 60 units averaging approximately 884 square feet. This is the first supportive housing development by Covenant House in 48 years and includes help from for-profit entities Gotham Organization and Denham Wolf Real Estate Services.

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