123 West 23rd Street

Developer Acquires Site of Planned 35-Story Residential-Hotel Project at 131 West 23rd Street, Chelsea

JHG Holdings has acquired, for $50.4 million, the Parish of St. Vincent de Paul at 123 West 23rd Street and the four-story tenement buildings at 116-120 West 24th Street, in Chelsea. The developer also owns the four-story hotel at 131 West 23rd Street, The Real Deal reported. The assemblage’s footprint measures 17,968 square feet and plans are already on file for a 35-story residential-hotel project.


68 West 126th Street

11-Unit SRO Transformed Into Six-Story, Six-Unit Residential Building at 68 West 126th Street, Harlem

Construction is wrapping up on an expansion project at 68 West 126th Street, in Harlem, as seen in a picture by Harlem+Bespoke. A formerly dilabidated four-story, 11-unit brownstone SRO building has been redeveloped into a six-story, six-unit residential structure, per the latest building permits. The building now has 5,578 square feet of residential space, which means the apartments should average 930 square feet apiece. Many of the units will occupy an entire floor, although it’s unknown if they will be rentals or condominiums. An anonymous Harlem-based LLC is the property owner and Barry Goldsmith’s Brooklyn-based firm is the architect of record.