Chelsea

ABI Chelsea is Close to Completion at 455 West 19th Street

The ABI Chelsea, aka 455 West 19th Street, an upcoming residential project between Ninth and Tenth Avenues, is nearing completion. The ten-story building is designed by Raed Abillama Architects, a Lebanon-based firm, while Paik Architecture is serving as the architect of record. The ten-unit condominium is being developed by Al Amir Holdings, which is expecting a projected sellout of $77.5 million.

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140 West 28th Street, rendering by Gene Kaufman

140 West 28th Street Crosses Halfway Mark Above Chelsea

Construction of a 419-foot-tall hotel at 140 West 28th Street in Chelsea is passing the halfway mark. Workers are currently pouring the 29th floor and getting ready to create the form work for the 30th floor. The tower is designed by Gene Kaufman Architect and is being developed by Eastern Consolidated. The property successfully secured a $121.35 million debt and equity package last year thanks to the Bank of the Ozarks and Square Mile Capital Management. There will be 526 rooms divided among a Marriott, TownePlace Suites, and Springhill Suites. Each will have its own separate lobby on the ground floor and shared common rooms.

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