Chelsea

Construction Ramps Up on Terminal Warehouse Renovation at 261 Eleventh Avenue in West Chelsea, Manhattan

7:30 am on August 14, 2022 By Michael Young

Construction is full swing on the Terminal Warehouse, a seven-story commercial conversion at 261 Eleventh Avenue in West Chelsea, Manhattan. Designed by COOKFOX Architects and developed by L&L Holding Company and Columbia Property Trust, the $1.25 billion project will overhaul the 121-year-old warehouse structure and yield a mix of Class A office suites, retail space, and dining options. L&L and Normandy Real Estate Partners purchased the Terminal Warehouse in 2018 for $880 million, and CBRE helped to arrange construction funding from the Blackstone Real Estate Debt Strategies platform, Goldman Sachs, KKR, and Oaktree Capital Management. New Line Structures & Development is the general contractor for the property, which is bound by West 28th Street to the north, West 27th Street to the south, Eleventh Avenue to the east, and West Street to the west.

FIT’s New Academic Building Tops Out at 220 West 28th Street in Chelsea, Manhattan

8:00 am on August 12, 2022 By Michael Young

Construction has topped out on Fashion Institute of Technology‘s ten-story New Academic Building at 220 West 28th Street in the Garment District of Chelsea. Designed by SHoP Architects, the 110,000-square-foot structure is engineered to achieve LEED Gold certification and will yield new classrooms, administrative offices, review and exhibition spaces, and a student quad illuminated by skylights. EE Cruz & Company is the general contractor for the Midtown, Manhattan project, which is located between Seventh and Eighth Avenues, within close proximity of Penn Station, Madison Square Garden, and Moynihan Train Hall.

Permits Filed for 142 West 21st Street in Chelsea, Manhattan

7:00 am on August 6, 2022 By Vanessa Londono

Permits have been filed to expand a two-story parking garage into a 13-story mixed-use building at 142 West 21st Street in Chelsea, Manhattan. Located between Sixth and Seventh Avenues, the lot is two blocks south of the 23st Street subway station, serviced by the 1 train. Yiannes Einhorn of Grid Group is listed as the owner behind the applications, after purchasing the property from Jadlamm Realty Corp. for $31 million last year.

201-207 7th Avenue - Amie Gross Architects

Affordable Housing Project Breaks Ground at 201-207 7th Avenue in Chelsea, Manhattan

7:30 am on July 28, 2022 By Sebastian Morris

A new affordable housing development has broken ground at 201-207 7th Avenue in Chelsea, Manhattan. The nine-story, affordable cooperative building will replace four aging properties at the corner of 22nd street, which are only partially occupied by five residents.

Park House Reaches Full Completion at 500 West 22nd Street in West Chelsea, Manhattan

7:30 am on July 26, 2022 By Michael Young

Construction is complete on Park House, an eight-story residential building at 500 West 22nd Street in West Chelsea. Designed by Annabelle Selldorf of Selldorf Architects and developed by Brantwood Capital, the 33,662-square-foot structure yields ten residential units and 1,959 square feet of ground-floor retail space. Compass is handling sales and marketing for the one- to four-bedroom homes and two duplex penthouses, with pricing ranging from $2.65 million to $12 million. Foundations Group served as the general contractor for the property, which is alternately addressed as 197 Tenth Avenue and stands at the corner of Tenth Avenue and West 22nd Street, a short walk from the High Line. Belden Tristate Building Materials supplied the hand laid bricks for the project.

One High Line Resumes Exterior Work at 76 Eleventh Avenue in Chelsea, Manhattan

8:00 am on July 5, 2022 By Michael Young

Exterior work has resumed on One High Line, a pair of 26- and 36-story mixed-use towers at 76 Eleventh Avenue in the Midtown, Manhattan neighborhood of Chelsea. Designed by Bjarke Ingels Group and developed by Witkoff Group, the 900,000-square-foot complex will yield 236 condominium units, 137 hotel rooms, 85,000 square feet of retail space, and a public plaza. Steve Witkoff purchased the property, formerly known as The XI, in a foreclosure sale for $900 million and partnered with Access Industries and Monroe Capital to complete the stalled project. Gilles & Boissier and Gabellini Sheppard Associates are the interior designers and Corcoran Sunshine Marketing Group is handling sales and marketing for the High Line-adjacent property, which is bound by Tenth Avenue to the east, West Street to the west, West 17th Street to the south, and West 18th Street to the north.

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

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

8:00 am on June 19, 2022 By Michael Young

Below-grade work is ramping up at 258-278 Eighth Avenue, site of a 14-story mixed-use project in Chelsea, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Chelsea 23rd Realty Corporation, an LLC affiliated with JJ Operating, the 173-foot-tall structure will yield 132,700 square feet with 190 rental apartments and multiple levels of retail space on the lower floors. Leeding Builders Group is the general contractor and Square Mile Capital and Pacific Western Bank provided $183 million in construction financing for the Midtown, Manhattan project, which is located along Eighth Avenue between West 23rd and West 24th Streets.

300 West 30th Street Wraps Up Construction in Chelsea, Manhattan

7:30 am on June 14, 2022 By Michael Young

Construction is finishing up on 300 West 30th Street, a 16-story residential building in Chelsea. Designed by Studio C Architects and developed by Hiwin USA, which purchased the property for $27.5 million from Salt Equities in May 2018, the structure will yield 69 units in studio to two-bedroom layouts, as well as ground-floor retail space. Efin Management Corporation is the general manager of the project, which is located at the corner of West 30th Street and Eighth Avenue, a short walk from Madison Square Garden, Penn Station, and Moynihan Train Hall. Workshop/APD is the interior designer and Corcoran New Development is handling sales and marketing.

Excavation Begins for 220 Eleventh Avenue in West Chelsea, Manhattan

7:30 am on June 13, 2022 By Michael Young

Work is progressing below grade for the Hudson Arts Building, a ten-story commercial structure at 220 Eleventh Avenue in West Chelsea. Designed by STUDIOS Architecture and developed by The Moinian Group, the project is located along Eleventh Avenue between West 25th Street and West 26th Streets. 220 Eleventh, LLC is the owner, AECOM Tishman is the general contractor, and JLL is the exclusive leasing agent for the Midtown, Manhattan property.

RAMSA’s The Cortland Nears Completion at 555 West 22nd Street in West Chelsea, Manhattan

8:00 am on June 8, 2022 By Michael Young

Work is wrapping up on The Cortland, a 25-story residential tower at 555 West 22nd Street in West Chelsea. Designed by Robert A.M. Stern Architects and developed by Related Companies, the 300-foot-tall structure will yield 144 condominium units in two- to five-bedroom layouts with interiors by Olson Kundig, as well as a series of penthouses. Related Sales and CORE Group are the exclusive co-sales and marketing agents for the property, which is located at the confluence of Eleventh Avenue and West Street, between West 22nd and West 23rd Streets.

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