Mixed-Use

Rendering of 258-278 8th Avenue - Courtesy of JJ Operating

Foundations Underway at 258-278 Eighth Avenue in Chelsea, Manhattan

Below-grade work is ramping up at 258-278 Eighth Avenue, site of a 14-story mixed-use project in Chelsea, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Chelsea 23rd Realty Corporation, an LLC affiliated with JJ Operating, the 173-foot-tall structure will yield 132,700 square feet with 190 rental apartments and multiple levels of retail space on the lower floors. Leeding Builders Group is the general contractor and Square Mile Capital and Pacific Western Bank provided $183 million in construction financing for the Midtown, Manhattan project, which is located along Eighth Avenue between West 23rd and West 24th Streets.

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Permits Filed for 34-Story Tower at 567 Third Avenue in Murray Hill, Manhattan

Permits have been filed for a 34-story mixed-use building at 567 Third Avenue in Murray Hill, Manhattan. Located between East 37th and East 38th Streets, the lot is within walking distance of 33rd Street subway station, serviced by the 6 train. Kevin Lalezarian of Lalezarian Properties under the Midtown 3rd Avenue LLC is listed as the owner behind the applications.

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