Exterior work is getting closer to completion on the Aloft Hotel at 132 West 28th Street, a 32-story tower in the Midtown, Manhattan neighborhood of Chelsea. Designed by Peter Poon Architects and developed by Frank Ng, the 326-foot-tall structure will yield 203 guest rooms. The site is located between Sixth and Seventh Avenues in the Flower District.
Façade installation is nearing completion on 28 & 7, a 12-story office building at 322-326 Seventh Avenue in Chelsea. Designed by Skidmore, Owings & Merrill and developed by Klövern AB and GDSNY, the property is located at the corner of Seventh Avenue and West 28th Street and will yield 105,000 square feet of commercial space leased by CBRE. Triton Construction is the general contractor for the project.
Excavation and foundation work are progressing on Fashion Institute of Technology‘s New Academic Building at 220 West 28th Street in the Garment District of Chelsea. Designed by SHoP Architects, the ten-story, 110,000-square-foot structure is located between Seventh and Eighth Avenues, within walking distance of Penn Station, Madison Square Garden, and Moynihan Train Hall. The New Academic Building is aiming for LEED Gold certification.
Curtain wall installation is progressing on 300 West 30th Street, a 16-story residential building in Chelsea. Designed by Studio C Architects and developed by Hiwin USA, the property is located at the corner of West 30th Street and Eighth Avenue, a short walk from Madison Square Garden, Penn Station, and the new Moynihan Train Hall, and will yield 80 residential units and ground-floor retail space. The developer purchased the site from Salt Equities for $27.5 million in May 2018.
Below-grade work is progressing at 241 West 28th Street, a 22-story, 479-unit residential project in Chelsea. Designed by COOKFOX for MAG Partners, Atalaya, Safanad, and Qualitas, the two-tower development recently acquired $173 million in construction financing arranged by Maverick Commercial Properties. MAG Partners acquired the Midtown, Manhattan property in December 2018 and established a 99-year ground lease with Edison Properties. 241 West 28th Street is located between Seventh and Eighth Avenues and will have 30 percent of residential units reserved for low- and middle-income households. Urban Atelier Group is the general contractor.
