Midtown



61 9th Avenue

Excavation Work Underway For Nine-Story, 153,800-Square-Foot Commercial Project At 61 Ninth Avenue, Chelsea

Excavation and piling work are underway on the site of a planned nine-story, 153,754-square-foot commercial building at 61 Ninth Avenue, located on the corner of West 15th Street in Chelsea. The site can be seen thanks to a photo posted to the YIMBY Forums. The latest building permits indicate the project will rise 135 feet to its roof, or 175 feet if the bulkhead is included.

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222 West 23rd Street

New Owners Plan Hotel-Condo Conversion Of 12-Story Hotel Chelsea At 222 West 23rd Street, Chelsea

SIR Chelsea LLC, a joint venture of hoteliers Richard Born, Ira Drukier, and Sean MacPherson, has closed for $250 million on the purchase of the 12-story, 58-unit mixed-use building known as Hotel Chelsea, at 222 West 23rd Street, in Chelsea. The new owners plan to redevelop the property into a boutique hotel and condominium units, The Real Deal reported. BD Hotels will serve as the developer and hotel manager. Completion is expected by 2018. The property is an individual landmark and has gone through years of redevelopment attempts.

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