Last year, supermarket magnate John Catsimatidis signed a contract with another developer to sell the Hell’s Kitchen headquarters of his Gristedes grocery chain for $55 million. Now building applications have been filed to develop the property at Eleventh Avenue and West 56th Street into a 34-story condo tower.
In February of 2014, YIMBY revealed initial renderings of the planned 14-story, 280-unit block-thru residential project at 535 West 43rd Street (a.k.a. 546 West 44th Street), in Hell’s Kitchen. We brought you updated renderings of the 264,451 square-foot project in March of 2015, and now we have final renderings of the structure, on which construction is now wrapping. Dubbed 535W43, it will have rental apartments measuring an average of 787 square feet apiece. They will come in studio, one-, and two-bedroom configurations, and 62 of them will rent at below market-rates through the housing lottery.
Back in May of 2014, YIMBY reported on plans for a multi-building residential development on the block bound by West 52nd and 53rd streets and Tenth and Eleventh avenues, in Hell’s Kitchen. At the time, the 12-story, 96-unit affordable residential building at 535 West 52nd Street, dubbed The Park Clinton, was the only one completed. Then in May of 2015, the developers secured $200 million in construction financing for another phase of the project, which consists of a 24-story building at 526 West 53rd Street connected to a 16-story building at 525 West 52nd Street. That block-thru portion will encompass 392 additional residential units and is currently 15- and 14-stories above street level, respectively.
Back in February of 2015, YIMBY reported on plans for a five-story, 35,000-square-foot commercial building at 639 Eleventh Avenue, located on the corner of West 47th Street, in Hell’s Kitchen. Now, the Wall Street Journal reports BNF Automotive Group has begun construction on the building, which will house Maserati’s new Manhattan flagship dealership. The structure will sport a rooftop terrace, high ceilings, and a glassy curtain wall. Foundation work is reportedly underway and completion is expected in February of 2017. BNF Automative Group signed a 49-year ground lease for the 5,042-square-foot property, which is owned by Samyon Ruvinsky. CAI Architecture is behind the design and Dome Architecture & Design Group is the architect of record.
MCC Theater has broken ground on a long-planned venue inside the 27-story, 627-unit Avalon Clinton at 515 West 52nd Street, in Hell’s Kitchen. Crain’s reports the performance facility will measure 27,000 square feet across the ground floor and a mezzanine level. The space inside the building was initially intended for a nonprofit’s use when it was built in 2004, but has remained vacant since then. In 2011, plans to build a performance facility kicked off, and the theater organization along with the city’s Department of Cultural Affairs raised $29.9 million for the project. When construction wraps up in 2018, there will be 249-seat theater and a 99-seat theater. Andrew Berman Architect is designing the theaters, which will include associated workshop, meeting, and rehearsal spaces, as well as a grand lobby and connections to the existing outdoor courtyard space. AvalonBay currently owns the property.