Delshah Capital

Excavation Begins at 22 Chapel Street in Downtown Brooklyn

Excavation work is getting started at 22 Chapel Street in Downtown Brooklyn. The ground-up, 20-story rental complex is designed by CetraRuddy and developed by Delshah Capital and OTL Enterprises. The superstructure will rise 211 feet high above Flatbush Avenue and sit between Chapel Street and Cathedral Place. A total of 133,181 square feet of residential space will be created and spread among 180 units.

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55 Gransevoort Street

Five-Story Building At 55 Gansevoort Street To Be Converted Into 14-Key Hotel, Meatpacking District

Restoration Hardware is planning to convert the five-story, 25,000 square-foot building at 55 Gansevoort Street, in the Meatpacking District, into a 14-key boutique hotel. According to Crain’s, the ground floor of the building will feature a restaurant. Delshah Capital owns the five-story building, but Restoration Hardware — whose flagship store is located around the corner of 9th Avenue — has leased the entire property.


221 West 17th Street

10-Story Condominium Project Partially Revealed At 221 West 17th Street, Chelsea

A glimpse of Delshah Capital’s planned 10-story, 14-condo-unit luxury residential building at 221 West 17th Street, in southern Chelsea, is now available. The project will expand the existing six-story commercial building by four stories and the new building will measure about 40,000 square feet, including the retail at street level. Dubbed “The Dorian”, occupancy is expected by late 2016, and Neal Beckstedt Studio is designing interiors.


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