Self Storage Facility Nears Completion at 41-47 East 21st Street in Flatiron District, Manhattan

7:30 am on May 9, 2023 By Michael Young and Matt Pruznick

Construction is nearing completion on a Cube Smart self storage facility at 41-47 East 21st Street in the Flatiron District. Developed by Mequity Companies, which purchased the property from The Zucker Organization for $32.3 million in March 2019, the project involves the conversion of a four-story, 50,000-square-foot parking garage into a storage facility. Equity E. 21st Owner LLC is the owner and Park East Construction is the general contractor for the property, which is located Fifth Avenue and Park Avenue.

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Excavation Begins for Two-Tower Project at 570 Washington Street in West Village, Manhattan 

8:00 am on May 8, 2023 By Michael Young and Matt Pruznick

Excavation and pilings are underway at 570 Washington Street, the site of a two-tower residential project in Manhattan’s West Village. Designed by COOKFOX Architects with SLCE Architects as the architect of record and developed by Zeckendorf Development, Atlas Capital, and The Baupost Group, the $1.25 billion complex will consist of 29- and 36-story towers rising 400 and 450 feet, respectively, and will yield an undisclosed number of condominium units and commercial space. ACI VI Clarkson LLC is the owner and AECOM Tishman is the general contractor for the property, which occupies a 1.3-acre block bound by Clarkson Street to the north, West Houston Street to the south, Washington Street to the east, and West Street to the west. The developers acquired the plot for $340 million in early 2022 and have projected a $1 billion sellout on the homes.

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217 West 20th Street Nears Completion in Chelsea, Manhattan

7:30 am on May 8, 2023 By Michael Young and Matt Pruznick

Construction is nearing completion on 217 West 20th Street, a six-story private residence in Chelsea, Manhattan. Designed by TEN Arquitectos in collaboration with Elsa Ponce Architectural Design and developed by Bermuda Overseas Mission under the 217 West 20th Street LLC, the structure will yield 11,000 square feet with a ground-floor garage. Wesbuilt Construction Mangers is the general contractor for the property, which is located between Seventh and Eighth Avenues.

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