Mixed-Use

142 West 21st Street Readies For Construction in Chelsea, Manhattan 

Work is about to get underway on 142 West 21st Street, a two-story parking garage that is being expanded into a 13-story residential building in Chelsea, Manhattan. Designed by BKSK Architects and developed by Yiannes Einhorn of Grid Group, who purchased the property from Jadlamm Realty Corp. for $31 million in 2021, the 135-foot-tall structure will span 61,256 square feet and yield 22 condominium units with an average scope of 2,756 square feet, as well as 610 square feet of commercial space, a cellar level, parking spots for 16 vehicles, and a 30-foot-long rear yard. The property is located on an interior lot between Sixth and Seventh Avenues.

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130 East 177th Street Nears Completion in Mount Hope, The Bronx

Construction is nearing completion on 130 East 177th Street, a 12-story residential building in Mount Hope, The Bronx. Designed by Marin Architects and developed by HMC Inc, a third-party real estate and financial arm of The Postgraduate Center for Mental Health (PCMH), the 123-foot-tall structure spans 55,987 square feet and will yield 78 rental units with an average scope of 674 square feet, as well as 3,390 square feet of community facility space on the ground floor, a cellar level, six enclosed parking spaces, and a 41-foot-long rear yard. CHC Management Group is listed as the owner of the property, which is located between Grand Concourse to the east and Morris Avenue to the west.

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ODA’s 126 East 57th Street Continues Vertical Progress in Midtown East, Manhattan

Construction is continuing to progress on 126 East 57th Street, a 28-story residential tower on Billionaires’ Row in Midtown East, Manhattan. Designed by ODA Architecture and developed by MRR Development under the MRR 1326 LLC, the 346-foot-tall structure will yield 147 condominium units with an average scope of 1,156 square feet, as well as 5,000 square feet of lower-level retail space. The property is located at the corner of East 56th Street and Lexington Avenue, with a narrow panhandle extension to East 57th Street.

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