Hell’s Kitchen

416 West 52nd Street

Seven-Story, 155-Unit Condo Conversion Planned At 416 West 52nd Street, Hell’s Kitchen

Gaia Real Estate is planning to convert the seven-story former St. Vincent’s hospital building at 416 West 52nd Street, in Hell’s Kitchen, into 155 condominiums. The roughly 156,000 square-foot building will boast relatively affordable units averaging about 1,000 square feet and starting at $1 million. The vacant building was acquired from the Chetrit Group back in August for $156.5 million. Earlier this year, the Chetrit Group converted the building into 156 rental apartments. [The Real Deal]


343 West 47th Street

Revealed: 343 West 47th Street, Residential Renovation and Expansion in Hell’s Kitchen

The bustling blocks of the mid to upper-40s are a bit of an urban oddity, existing within the low-rise confines of Hell’s Kitchen, but abutting the skyscraper canyons of Midtown. And while most of the area is already built-out, a few opportunities for infill both large and small still exist, like at 343 West 47th Street, where an existing structure from 1920 is now being renovated and expanded.

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460 West 41st Street

Covenant House Planning New Facility, Affordable Housing At 460 West 41st Street, Midtown West

The Covenant House, a facility that caters to homeless youth, is planning to redevelop the small block at 460 West 41st Street, in Hell’s Kitchen, replacing their current eight-story facility, a vacant six-story building, and an undeveloped lot. DNAinfo reports the new building will house Covenant’s new national headquarters facility, in additional to a large residential portion that’s 40% affordable and includes 100 units of supportive housing.


624 West 52nd Street

Jeff Koons Assembles Possible Development Site At 624 West 52nd Street, Hell’s Kitchen

Artist Jeff Koons has acquired the three-story commercial building at 624 West 52nd Street, near the Hudson River in Hell’s Kitchen, for $12.7 million. Koons also owns the lots at 620-622 West 52nd Street, after picking them up this past May for a total of $11 million. The assemblage boasts nearly 50,200 square feet of development potential, although plans for the properties are not known.


525 West 52nd Street

Developer Lands Construction Loans for 24-Story Project At 525 West 52nd Street, Hell’s Kitchen

The Real Deal reports Taconic Investment Partners has landed $200 million in construction loans for their 24-story, 392-unit mixed-use project at 525 West 52nd Street, in Hell’s Kitchen. YIMBY brought you news of the project almost exactly a year ago, and Handel is designing. Seventy-nine residential units are expected to be set aside as affordable, and the site’s former five-story structure was demolished in 2014.


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