Since its founding in 1990, Kenneth Horn’s Alchemy Properties has acquired over two million square feet of residential space in New York City. During those 28 years, Mr. Horn has personally overseen the sales of $2 billion of real estate, all with a staff of about thirty people. With a full slate of new developments in the works, YIMBY sat down with Ken to discuss the firm’s current plans.
Alchemy Properties is developing a 316-foot-tall condominium tower at the corner of 30th Street and Sixth Avenue in NoMad, and Tectonic swung by the site recently to document the latest progress. The development, known as NOMA, has reached three stories above street level at 50 West 30th Street.