Chelsea

Excavation Underway at 241 West 28th Street in Chelsea, Manhattan

Excavation has begun at 241 West 28th Street, the site of a 22-story, 479-unit residential project in Chelsea. Designed by COOKFOX for MAG Partners, Atalaya, Safanad, and Qualitas, the two-tower development is progressing due to $173 million in construction financing arranged by Maverick Commercial Properties. MAG Partners acquired the property, which is located between Seventh and Eighth Avenues, in December 2018 and established a 99-year ground lease with Edison Properties. Thirty percent of the residential units will be reserved for low- and middle-income households.

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300 West 30th Street Nears Topping Out in Chelsea, Manhattan

Construction is nearing topping out at 300 West Street, a 16-story mixed-use building in Chelsea. The structure will yield 80 residential units as well as ground-floor retail space. The project is designed by Studio C Architects and developed by Hiwin USA, which purchased the property from Salt Equities in May 2018 for $27.5 million. The site is located at the corner of Eighth Avenue and West 30th Street, a short walk away from number of transit hubs including Penn Station and the newly opened Moynihan Train Hall.

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Rendering of 28 & 7 - GDSNY

28 & 7’s Exterior Taking Shape at 322-326 Seventh Avenue in Chelsea, Manhattan

Exterior work is progressing on 28 & 7, a 12-story office building at 322-326 Seventh Avenue in Chelsea. Designed by Skidmore, Owings & Merrill and developed by Klövern AB and GDSNY, the structure will yield 105,000 square feet of commercial space leased by CBRE. Triton Construction is the general contractor for the project, which is located at the corner of Seventh Avenue and West 28th Street.

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‘Tower A’ Passes the Halfway Mark at 601 West 29th Street in Hudson Yards

Construction has passed the halfway mark at 601 West 29th Street, a 695-foot-tall residential skyscraper in Hudson Yards and number 20 on our countdown of the tallest buildings under construction in New York. Referred to as “Tower A” in a two-building development along with the adjacent 606 West 30th Street, the 58-story structure is designed by FXCollaborative for Douglaston Development and sits along Eleventh Avenue on the border of West Chelsea.

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