New York

123 West 23rd Street

Developer Acquires Site of Planned 35-Story Residential-Hotel Project at 131 West 23rd Street, Chelsea

JHG Holdings has acquired, for $50.4 million, the Parish of St. Vincent de Paul at 123 West 23rd Street and the four-story tenement buildings at 116-120 West 24th Street, in Chelsea. The developer also owns the four-story hotel at 131 West 23rd Street, The Real Deal reported. The assemblage’s footprint measures 17,968 square feet and plans are already on file for a 35-story residential-hotel project.


68 West 126th Street

11-Unit SRO Transformed Into Six-Story, Six-Unit Residential Building at 68 West 126th Street, Harlem

Construction is wrapping up on an expansion project at 68 West 126th Street, in Harlem, as seen in a picture by Harlem+Bespoke. A formerly dilabidated four-story, 11-unit brownstone SRO building has been redeveloped into a six-story, six-unit residential structure, per the latest building permits. The building now has 5,578 square feet of residential space, which means the apartments should average 930 square feet apiece. Many of the units will occupy an entire floor, although it’s unknown if they will be rentals or condominiums. An anonymous Harlem-based LLC is the property owner and Barry Goldsmith’s Brooklyn-based firm is the architect of record.



701 Seventh Avenue

42-Story, 452-Key EDITION Hotel Ascends at 701 Seventh Avenue, Times Square

Vertical construction is moving full steam ahead on the 42-story, 452-key EDITION hotel (by Marriott) under development at 701 Seventh Avenue. That’s on the corner of West 47th Street in the heart of Times Square. The progress can be seen thanks to a photo posted to the YIMBY Forums. The tower, dubbed 20 Times Square, will rise 517 feet above street level and will contain 269,769 square feet of commercial space, according to the latest building permits. Retail space will be located on two cellar levels and the ground through fourth floors. Actual hotel rooms will be located on the 14th through 40th floors.

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1039 Coney Island Avenue

Three-Story, 45,300-Square-Foot Commercial Building Planned at 1039 Coney Island Avenue, Flatbush

A Brooklyn-based property owner has filed applications for a three-story, 45,262-square-foot commercial building at 1039 Coney Island Avenue, located on the corner of Foster Avenue in the Ditmas Park section of Flatbush. The project will contain a total of 28,886 square feet of commercial space. There will be six retail units on the ground floor, followed by office space on the second and third floors. A 42-car garage will be located in the cellar, in addition to eight off-street parking spaces outside. Dal H. Chun’s Lower East Side-based engineering firm is the applicant of record. The 16,376-square-foot plot is currently home to a gas station. Demolition permits haven’t been filed.


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