Cushman & Wakefield is marketing the three-story, 13,040 square-foot building at 217-219 West 21st Street, in Chelsea, between Seventh and Eighth Avenues. The property has 6,710 square feet of unused air rights, according to Commercial Observer, but a developer could also demolish the existing structure for a new building. Leases currently occupy parts of the building, but expire at the end of 2017.
A committee assigned to propose changes for Midtown East’s zoning is expected to submit plans with the City by June 30th, hopefully facilitating a rezoning that would be formally crafted by the Department of Planning. The rezoning may give developers a boost in FAR in return for funding transit improvements. Also, developers may be able to transfer air rights from landmarked buildings to other properties within the district as-of-right, according The Wall Street Journal.
The permitting process surrounding high-profile projects is becoming increasingly convoluted, with ‘dummy filings’ now commonly submitted prior to actual new building applications. This is particularly true at 217 West 57th Street, which still doesn’t have any on-site renderings. But luckily some new supporting documents have been filed with the city, revealing what appear to be the actual height numbers for the tower’s parapet and roof, confirming it will become the country’s tallest building.
The team behind Sherwood Equities’ luxury condo development at 500 West 21st Street sent along a time lapse video of the building rising next to the High Line, beginning in March of last year and ending last month.
The full website for 53W53, Hines’ 73-story, 139-unit luxury residential tower under construction at 53 West 53rd Street, in Midtown, has launched, and a slew of new renderings are now available. Curbed also reports the units in the Jean Nouvel-designed tower will not be publicly listed.
