Rendering Revealed for 401 8th Avenue, Chelsea

401 8th Avenue Rendering401 8th Avenue Rendering

The Riff Hotel in Chelsea has been sold for $27.5 million, and developers hope to build a new 12-story mixed-use building in its place. The site is a block away from Penn Station with access to subways, the LIRR, and Amtrak. Eastern Star Development purchased the site from Salt Equities.

The site is expected to produce a 130-foot tall structure. Salt Equities will retain a 5,000 square foot retail space on the site. The remaining 71,000 square feet will be dedicated to residential condominiums. Permits have not been filed yet, meaning little else is known about the project, including its architect and unit count.

401 8th Avenue, via Google Maps

401 8th Avenue, via Google Maps

Demolition permits have not been filed, and the estimated completion date has not been announced.

Subscribe to YIMBY’s daily e-mail

Follow
 the YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews

Dahlia Horizon
.

2 Comments on "Rendering Revealed for 401 8th Avenue, Chelsea"

  1. Please pardon me for using your space: I’m clotted with your revealed. Wow! I love it so much.

  2. Isn’t it Hiwin Group USA? Please update

Leave a Reply to G Cancel reply

Your email address will not be published.


*