Midtown

Developer Six Sigma has acquired, for $3.92 million, 4,900 square feet of High Line Transfer Corridor air rights for its planned 10-story, 61-unit condominium project at 517 West 29th Street, in West Chelsea. The development rights will be used to build larger and taller, the New York Post reported. Not including the recently-acquired air rights, the 9,875-square-foot site can accommodate up to 74,260 square feet of residential space, plus an additional 24,490 square feet of commercial or community space. Plans have not been filed with the Buildings Department, although demolition permits were filed in August for the existing six-story warehouse. A construction timeline has not been disclosed.

Construction is now five stories above street level on the northern portion of the 11-story, 36-unit mixed-use complex under development at 528 West 28th Street, in West Chelsea. Progress on construction can be seen thanks to a photo posted to the YIMBY Forums. The 96,162-square-foot project, dubbed Jardim, will boast 11-story components along both the West 27th and West 28th street fronts. The tower portions will connect via a single-story base, which will include 6,490 square feet of retail space. The residential units, beginning on the second floor, will be condominiums and should average 2,489 square feet apiece. Centaur Properties and Greyscale Development Group are the developers. Sao Paulo, Brazil-based Isay Weinfeld is the design architect, while Hell’s Kitchen-based SBLM Architects is the executive architect. Completion is expected in 2017.