Hell's Kitchen

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

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 42nd Street, a five-story building, a former hotel, and an apartment building lobby.

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615 10th Avenue

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

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.

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416 West 52nd Street

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

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]

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343 West 47th Street

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

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.

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460 West 41st Street

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

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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