XIN Development, the American arm of Chinese builder Xinyuan Real Estate, is pushing forward with its second major condo project in New York City. The Beijing-based firm filed plans for a seven-story apartment building at 615 Tenth Avenue, between West 44th and West 45th streets in Hell’s Kitchen.
One of the most interesting condominium developments in Brooklyn draws inspiration from a distant land. It’s called Oosten, and it’s the product of Chinese developer XIN Development, Dutch designer Piet Boon, and Brooklyn-based think! architecture and design pllc. You’ll find it under construction at 429 Kent Avenue in Williamsburg and our friend Tectonic sent YIMBY exclusive photos of an inside tour.
Back in November, XIN Development, the U.S. branch of Beijing-based Xinyuan Real Estate, entered into contract to purchase the development site at 615 Tenth Avenue, between West 44th and 45th Streets in Hell’s Kitchen. Now, the developer has closed on the site for $57.5 million, and a mixed-use building with up to 90 condominium units is planned, according to The Real Deal. It will include mostly one- and two-bedroom residential units, as well as 20,000 square feet of retail space. The property is currently home to a Hess Express gas station, which must first be removed.
Earlier this year, YIMBY reported on the topping out of XIN Development’s seven-story, 216-unit residential building under construction at 429 Kent Avenue, located a block from the East River in South Williamsburg. Today, a vast majority of the façade work has been completed, courtesy of Brownstoner. Known as the Oosten, it will include 201 condominiums and 15 townhouse units, as well as a 10,000 square-foot art gallery on the first two floors. Work is also well underway on the 14,000 square-foot inner courtyard. The developer is the U.S. branch of Beijing-based Xinyuan Real Estate Co., and Piet Boon and Think Architecture & Design designed the project. Completion is expected in early 2016.
Beijing-based Xinyuan Real Estate, doing business in the United States as XIN Development, is in contract to purchase the development site at 615 10th Avenue, between West 44th and 45th Streets in Hell’s Kitchen. A gas station currently occupies the site, but the property has over 100,000 square feet of development potential. A condominium project is planned, and the site is expected to sell for nearly $60 million.