Covenant House

Work Resumes on 550 Tenth Avenue After Crane Collapse in Hell’s Kitchen, Manhattan

Construction resumes on 550 Tenth Avenue, a 47-story residential skyscraper in Hell’s Kitchen, Manhattan. Designed by Handel Architects and developed by Gotham Organization and Goldman Sachs Asset Management JV, the rising 520-foot-tall structure will yield 430,000 square feet and 453 rental units, with 137 reserved for affordable housing, as well as 9,000 square feet of lower-level retail space, over 20,000 square feet of amenities, and 26,764 square feet of administrative office space for Covenant House. GO Covenant LLC is the owner and Monadnock Construction is the general contractor for the property, which is located along Tenth Avenue between West 40th and 41st Streets.

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Façade Installation Begins on 550 Tenth Avenue in Hell’s Kitchen, Manhattan

Work is unfolding rapidly on 550 Tenth Avenue, a 47-story residential skyscraper in Hell’s Kitchen, Manhattan. Designed by Handel Architects and developed by Gotham Organization and Goldman Sachs Asset Management JV, the 520-foot-tall structure will yield 430,000 square feet and 453 rental units, with 137 reserved for affordable housing, as well as 9,000 square feet of lower-level retail space, over 20,000 square feet of amenities, and 26,764 square feet of administrative office space for Covenant House. GO Covenant LLC is the owner and Monadnock Construction is the general contractor for the property, which is located along Tenth Avenue between West 40th and 41st Streets.

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Foundations Underway for 47-Story Skyscraper at 550 Tenth Avenue in Hell’s Kitchen, Manhattan 

Number 24 on YIMBY’s countdown of the tallest projects underway in New York is 550 Tenth Avenue, 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 520-foot-tall structure will span 430,000 square feet and yield 453 units, with 137 for moderate and middle incomes, as well as 9,000 square feet of retail space, over 20,000 square feet of residential amenities, and 26,764 square feet of administrative office space for Covenant House. GO Covenant LLC is the owner and Monadnock Construction is the general contractor for the property, which is located along Tenth Avenue between West 40th and 41st Streets.

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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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