National real estate investment firm The Feil Organization has announced that private security and fire safety contractor Mulligan Security has expanded its lease at 7 Penn Plaza in Chelsea, Manhattan. The company will extend its lease for 12 years and expand its footprint by 15,788 square feet, bringing its total occupancy to 24,788 square feet.
Construction is finishing up on 278 Eighth Avenue, a 14-story mixed-use residential building in Chelsea, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Chelsea 23rd Realty Corporation, an LLC affiliated with JJ Operating, the 175-foot-tall structure will yield 132,700 square feet with 190 rental apartments and multiple levels of retail space. Square Mile Capital and Pacific Western Bank provided $183 million in construction financing for the project, which is being constructed by Leeding Builders Group between West 23rd and West 24th Streets.
YIMBY spotted a new rendering amidst excavation at 280 Eighth Avenue, an upcoming 10-story mixed-use residential building in Chelsea, Manhattan. Designed by SLCE Architects and developed by Red Apple Group under the RA 280 Development LLC, the future 113-foot-tall structure will yield 58,021 square feet. Components include 52,432 square feet designated for residential space split among 64 rental units averaging 819 square feet apiece, 4,642 square feet for commercial space, 947 square feet for community facility space, a cellar level, and a 24-foot-long rear yard. Archstone Builders, LLC is the general contractor for the property, which is situated at the corner of Eighth Avenue and West 24th Street.
Excavation is underway at 656 Lexington Avenue, the site of a 19-story residential building in Midtown East, Manhattan. Designed by Zproekt Architecture and developed by Sergey Rybak under the 660 Lexington Avenue Development LLC, the 233-foot-tall structure will span 52,558 square feet and yield 23 condominium units with an average scope of 2,123 square feet, as well as 2,551 square feet of commercial space, 1,174 square feet of community facility space, and a cellar level. Rybak Development Corp. is the general contractor for the property, which is alternately addressed as 133 East 55th Street and located at the corner of Lexington Avenue and East 55th Street.
