Mixed-Use

FIT’s New Academic Building Set to Go Vertical at 220 West 28th Street in Chelsea, Manhattan

Foundation work is nearly complete for the Fashion Institute of Technology‘s New Academic Building, a ten-story building in the Garment District of Chelsea. Designed by SHoP Architects, the structure will yield 110,000 square feet. EE Cruz & Company Inc. is the general contractor for the project, which is located between Seventh and Eighth Avenues, within walking distance of Penn StationMadison Square Garden, and Moynihan Train Hall. The developer is aiming for LEED Gold certification.

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

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

Demolition is ramping up at 258-278 Eighth Avenue, the site of a 12-story mixed-use building in Chelsea, Manhattan. Developed by Alchemy-ABR Investment Partners and Chelsea 23rd Realty Corporation, an LLC affiliated with JJ Operating, which acquired the 40,000-square-foot parcel in 2017, the new building will yield multiple levels of retail space and 190 rental apartments. Breeze is the general contractor and Square Mile Capital and Pacific Western Bank provided $183 million in construction financing for the project, which is located along Eighth Avenue between West 23rd and West 24th Streets. The architect is still unknown.

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