Alchemy Properties

Affordable Senior Housing Lottery Launches for 278 Eighth Avenue in Chelsea, Manhattan

The affordable housing lottery has launched for 278 Eighth Avenue, a 14-story mixed-use building in Chelsea, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Chelsea 23rd Realty Corporation, an LLC affiliated with JJ Operating, the structure yields 190 residences. Available on NYC Housing Connect are 48 units for residents at 40 to 130 percent of the area median income (AMI), ranging in eligible income from $26,092 to $198,250. For units where the income limit is set at 40, 60, and 80 percent of the AMI, units are designated for individuals or households that have at least one household member who is 62 years of age or older.

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125 West 57th Street Steadily Rises Along Billionaire’s Row in Midtown, Manhattan

Construction is rising on 125 West 57th Street, a 26-story commercial building along Billionaires’ Row in Midtown, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Cain International, the 440-foot-tall structure will yield 185,000 square feet of Class A office space and a ground-floor home for the Calvary Baptist Church, which has operated on the site since 1883. Leading Builders Group is the general contractor for the property, which is located on an interior lot between Sixth and Seventh Avenues between Christian de Portzamparc‘s One57 and SHoP Architects111 West 57th Street.

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125 West 57th Street Rises Above Street Level in Midtown, Manhattan

Construction has risen above street level on 125 West 57th Street, a 26-story commercial building along Billionaires’ Row in Midtown, Manhattan. Designed by FXCollaborative and developed by Alchemy Properties ABR Partners and Cain International, the 440-foot-tall structure will yield 185,000 square feet of Class A office space and a new ground-floor home for the Calvary Baptist Church, which has operated on the site since 1883. Leading Builders Group is the general contractor for the property, which is located between Sixth and Seventh Avenues between Christian de Portzamparc‘s One57 and SHoP Architects111 West 57th Street.

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125 West 57th Street’s Foundations Take Shape in Midtown, Manhattan

Foundation work is progressing at 125 West 57th Street, the site of a 26-story commercial building on Billionaires’ Row in Midtown, Manhattan. Designed by FXCollaborative and developed by Alchemy Properties- ABR Partners, and Cain International, the 440-foot-tall structure will yield 185,000 square feet of Class A office space and a new ground-floor home for the Calvary Baptist Church, which has operated on the site since 1883. Leading Builders Group is the general contractor for the property, which is located between Sixth and Seventh Avenues between One57 and 111 West 57th Street.

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378 West End Avenue Wraps Up Construction on Manhattan’s Upper West Side

Construction is finishing up on 378 West End Avenue, an 18-story residential building on Manhattan’s Upper West Side. Designed by COOKFOX and developed by Alchemy Properties, the project involved the restoration of a 1915 Palazzo-style building and construction of a new tower directly to the east. The development will yield 58 units in one- to six-bedroom layouts and a collection of penthouses, with sales and marketing led by Alchemy Properties and Compass. Leeding Builders Group is the general contractor for the property, which is located along West 78th Street between West End Avenue and Broadway.

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