Chelsea

Rendering of 258-278 8th Avenue - Courtesy of JJ Operating

Foundations Underway at 258-278 Eighth Avenue in Chelsea, Manhattan

Below-grade work is ramping up at 258-278 Eighth Avenue, site of a 14-story mixed-use project 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 173-foot-tall structure will yield 132,700 square feet with 190 rental apartments and multiple levels of retail space on the lower floors. Leeding Builders Group is the general contractor and Square Mile Capital and Pacific Western Bank provided $183 million in construction financing for the Midtown, Manhattan project, which is located along Eighth Avenue between West 23rd and West 24th Streets.

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300 West 30th Street Wraps Up Construction in Chelsea, Manhattan

Construction is finishing up on 300 West 30th Street, a 16-story residential building in Chelsea. Designed by Studio C Architects and developed by Hiwin USA, which purchased the property for $27.5 million from Salt Equities in May 2018, the structure will yield 69 units in studio to two-bedroom layouts, as well as ground-floor retail space. Efin Management Corporation is the general manager of the project, which is located at the corner of West 30th Street and Eighth Avenue, a short walk from Madison Square Garden, Penn Station, and Moynihan Train Hall. Workshop/APD is the interior designer and Corcoran New Development is handling sales and marketing.

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Excavation Begins for 220 Eleventh Avenue in West Chelsea, Manhattan

Work is progressing below grade for the Hudson Arts Building, a ten-story commercial structure at 220 Eleventh Avenue in West Chelsea. Designed by STUDIOS Architecture and developed by The Moinian Group, the project is located along Eleventh Avenue between West 25th Street and West 26th Streets. 220 Eleventh, LLC is the owner, AECOM Tishman is the general contractor, and JLL is the exclusive leasing agent for the Midtown, Manhattan property.

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RAMSA’s The Cortland Nears Completion at 555 West 22nd Street in West Chelsea, Manhattan

Work is wrapping up on The Cortland, a 25-story residential tower at 555 West 22nd Street in West Chelsea. Designed by Robert A.M. Stern Architects and developed by Related Companies, the 300-foot-tall structure will yield 144 condominium units in two- to five-bedroom layouts with interiors by Olson Kundig, as well as a series of penthouses. Related Sales and CORE Group are the exclusive co-sales and marketing agents for the property, which is located at the confluence of Eleventh Avenue and West Street, between West 22nd and West 23rd Streets.

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