Hell's Kitchen

Six-Story, 60-Plus-Unit Residential Project Planned At 433 West 53rd Street, Hell’s Kitchen

11:00 am on January 13, 2016 By Reid Wilson

Emmut Properties has acquired the two-story television studio at 433 West 53rd Street, in Hell’s Kitchen, for $25 million. The 10,000 square-foot block-thru property, with an address also at 442 West 54th Street, will be demolished for two six-story residential buildings, according to The Real Deal. The rental project will have over 60 residential units and could measure as large as 42,000 square feet. Neither a design firm nor a targeted completion date have yet been disclosed.

6 Columbus Circle, rendering via Cushman and Wakefield

Vision: A 700-Foot-Tall Tower for 6 Columbus Circle?

8:00 am on January 8, 2016 By Rebecca Baird-Remba

When a century-old hotel at 6 Columbus Circle hit the market last month, sources told the Commercial Observer that the relatively small site could fetch $88.9 million. Now YIMBY has renderings of a 700-foot-tall mixed-use tower that could grow on the lot along West 58th Street between Eighth and Ninth Avenues.

Top 13 Floors Of 63-Story MiMa Tower To Be Converted Into 151 Condominiums

2:00 pm on January 6, 2016 By Reid Wilson

Kuafu Properties and Shanghai Construction Group’s U.S. branch have closed on the purchase of floors 51 through 63 in MiMa, the 63-story luxury rental tower located at 660 West 42nd Street, in Hell’s Kitchen, for $260.8 million. According to Commercial Observer, the developers plan to convert those floors’ 151 rental units into an equal number of condominiums under the name of 1 MiMa. The remaining 663 rental units in the building, under ownership by Related Companies and TIAA-CREF, will not be touched. Residents in 1 MiMa will have access to the tower’s 44,000 square feet of amenities and will have an exclusive entrance. A $211.6 million loan was secured for the acquisition.

Work at 606 West 57th Street. Photo by Tectonic.

Construction Update: Work Hums Along at 606 West 57th Street In Western Hell’s Kitchen

7:30 am on December 29, 2015 By Evan Bindelglass

Yesterday, we told you about the progress on a rather modest Durst Organization development on the southwest corner of Eleventh Avenue and West 58^th Street. Today, we’re bringing you and update on a significantly bigger project around the corner on the south side of West 57^th Street between Eleventh Avenue and Twelfth Avenue.

Construction at FRANK 57WEST, 600 West 58th Street. Photo by Tectonic.

Construction Update: FRANK 57WEST Rises On The Far West Side

7:30 am on December 28, 2015 By Evan Bindelglass

If you’ve gone up the West Side Highway in Manhattan or up Port Imperial Boulevard in New Jersey, you’ve probably noticed the Durst Organization-developed Bjarke Ingels Group-designed Via tetrahedron. Not only is it visually striking, there has been a fair amount of press coverage. Additionally, its next-door neighbor, the high-rise Helena has been there for a decade now. But they are not the only Durst developments on the block bounded by Eleventh Avenue, West 57^th Street, Twelfth Avenue, and West 58^th Street.

42nd Street Theaters, Osborne Interior, More Round Out First Manhattan Landmarks Backlog Hearing

7:00 am on November 9, 2015 By Evan Bindelglass

Last Thursday, the Landmarks Preservation Commission held another public hearing in the process of dealing with its 95-item backlog. It was the first to deal with properties in Manhattan. In addition to hearing testimony about the IRT Powerhouse, Bergdorf Goodman’s headquarters, Union Square Park, and others, the commissioners heard about seven theaters on 42^nd Street, a five-story building, a former hotel, and an apartment building lobby.

Chinese Developer In Contract For 615 10th Avenue, Hell’s Kitchen

12:30 pm on November 5, 2015 By Reid Wilson

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.

Seven-Story, 155-Unit Condo Conversion Planned At 416 West 52nd Street, Hell’s Kitchen

3:00 pm on October 13, 2015 By Reid Wilson

Gaia Real Estate is planning to convert the seven-story former St. Vincent’s hospital building at 416 West 52nd Street, in Hell’s Kitchen, into 155 condominiums. The roughly 156,000 square-foot building will boast relatively affordable units averaging about 1,000 square feet and starting at $1 million. The vacant building was acquired from the Chetrit Group back in August for $156.5 million. Earlier this year, the Chetrit Group converted the building into 156 rental apartments. [The Real Deal]

Revealed: 343 West 47th Street, Residential Renovation and Expansion in Hell’s Kitchen

8:00 am on October 7, 2015 By Nikolai Fedak

The bustling blocks of the mid to upper-40s are a bit of an urban oddity, existing within the low-rise confines of Hell’s Kitchen, but abutting the skyscraper canyons of Midtown. And while most of the area is already built-out, a few opportunities for infill both large and small still exist, like at 343 West 47th Street, where an existing structure from 1920 is now being renovated and expanded.

Covenant House Planning New Facility, Affordable Housing At 460 West 41st Street, Midtown West

4:00 pm on August 4, 2015 By Reid Wilson

The Covenant House, a facility that caters to homeless youth, is planning to redevelop the small block at 460 West 41st Street, in Hell’s Kitchen, replacing their current eight-story facility, a vacant six-story building, and an undeveloped lot. DNAinfo reports the new building will house Covenant’s new national headquarters facility, in additional to a large residential portion that’s 40% affordable and includes 100 units of supportive housing.

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