Lalezarian Properties has acquired a warehouse at 606 West 30th Street, in West Chelsea, for $36 million. The site currently has roughly 30,000 square feet of development rights, and is zoned for retail or light manufacturing, but the developer is likely waiting on a rezoning that would allow for residential use. The site is located across from the High Line and Related’s multi-skyscraper Hudson Yards development. [The Real Deal]
Celine Mo, of Roystar Investment Corp., has filed applications for a five-story, three-unit residential building at 242 West 22nd Street, in eastern Chelsea. The building will measure 7,600 square feet, and units will definitely be condominiums, averaging a spacious 2,530 square feet. James Wagman Architects is the applicant of record, and the existing four-story, four-unit townhouse passed pre-demolition inspection earlier this month.
Renderings have surfaced of Six Sigma’s planned eight-story, six-unit condominium building at 435 West 19th Street, in Chelsea. According to Curbed, the existing five-story building will be converted and expanded, and Pei Partnership Architects is designing. Residential units will average over 4,000 square feet and will share a slew of luxury amenities.
At 455 West 19th Street, in Chelsea, a single-story warehouse is expected to be redeveloped into an 11-story, nine-unit mixed-use building, according to Curbed. The building will measure 27,480 square feet in total, which will include 1,145 square feet of old warehouse space retained on the ground floor. Units will average a condo-sized 2,925 square feet. NYC Prince LLC is the developer, and Paik Architecture is the architect of record.
Early in 2014, YIMBY revealed renderings of the planned 17-story, 50-unit mixed-use building at 232 Seventh Avenue, in eastern Chelsea, and now YIMBY can report excavation has commenced at the site. The building will measure 42,325 square feet, which includes 2,425 square feet of retail on the ground floor, and C3D Architecture is designing. Chelsea 7 JV LLC is the developer, and the project’s completion is most likely towards the end of 2016 or early 2017.