Chelsea


At Long Last, EŌS at 855 Sixth Avenue is Nearing Completion

After nearly a decade of anticipation, false starts and design changes, 855 6th Avenue is nearing completion. The 479-foot-tall tower has finally taken its place on the burgeoning Midtown South skyline, and upon completion it will fill the missing link between Herald Square to the north and the hybrid Chelsea/NoMad district to the south. The Durst Organization is developing the 41 story mixed-use project, which consists of significant residential, retail, and office components.

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32-Story Hyatt House At 101 West 28th Street Is Topped Out And Nearing Exterior Completion

101 West 28th Street, a Hyatt House hotel with 150 guestrooms and apartment-style suites, is topped-out and nearing exterior completion. The slender tower, designed by Nobutaka Ashihara and developed by Lexin Capital, rises at the northwest corner of 6th Avenue and West 28th Street to around 300 feet in height, with 30 main tower floors plus three more levels at the top.

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517 West 29th Street

Redevelopment Of Six-Story Warehouse At 517 West 29th Street Planned, Chelsea

Six Sigma is in contract to purchase the six-story commercial building at 517-523 West 29th Street, in West Chelsea, for $54 million, and plans to redevelop the property. The existing building is being used as a self-storage facility and measures 55,000 square feet, although the site carries 19,000 square feet of unused development rights. The exact details on the redevelopment have not been disclosed, per The Real Deal.


550 West 20th Street

Reveal For Conversion Of Eight-Story Correctional Facility At 550 West 20th Street, West Chelsea

Back in February of 2014, a number of developers toured the former Bayview Correctional Facility, an eight-story, 100,000 square-foot complex, at 550 West 20th Street, in West Chelsea, after the city issued a request for proposals just months earlier. Now, Empire State Development has awarded NoVo Foundation a 99-year lease to redevelop the property, according to Commercial Observer. NoVo Foundations and the Goren Group plan to transform the building into the Women’s Building, which will house a women’s rights organization. The project will include community space, art installations, and a restaurant.


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