Chelsea


117 West 21st Street

New Details, Renderings for 12-Story, Nine-Unit Condominium Project at 117 West 21st Street, Chelsea

In March of 2015, the Amirian Group acquired, for $28.5 million, the vacant four-story commercial building at 117 West 21st Street, in Chelsea, with plans to redevelop the property into a 12-story, nine-unit residential building. Now, new details and renderings of the project, being dubbed The Twenty 1, have been revealed in a Curbed NY report. The existing structure is being expanded by eight stories to accommodate 32,541 square feet of residential space. The apartments, which will be condominiums, should average a spacious 3,616 square feet apiece. There will be six full-floor units, two duplex penthouses, and one townhouse. Amenities include private residential storage, a five-car parking garage, and a rooftop terrace. GRADE Architecture is designing the building and is serving as the architect of record.

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531-539 Sixth Avenue

Investment Firm to Purchase Mixed-Use Development Site at 531-539 Sixth Avenue, Chelsea

Hong Kong-based Gemini Investments is in contract to acquire the single-story, 14,000-square-foot commercial building at 531-537 Sixth Avenue and the four-story mixed-use building at 539 Sixth Avenue, in southern Chelsea. The investment firm is paying $53 million for the assemblage, according to The Real Deal. The properties are located at the corner of West 14th Street, and if both existing buildings are demolished, the site can accommodate up to 60,566 square feet of mixed-use development. The single-story building is currently vacant, although the four-story mixed-use building is occupied by a retail tenant and a few residential units. Plans for the site have not been disclosed. Neither demolition permits nor new buildings applications have yet been filed.

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220 Eleventh Avenue

Zaha Hadid-Designed Mixed-Use Project Planned At 220 Eleventh Avenue, West Chelsea

Back in 2002, the Moinian Group acquired, for an undisclosed amount, the 19,750-square-foot lot at 220 Eleventh Avenue, located between West 25th and 26th streets in West Chelsea. Since then, the Metropolitan Transportation Authority (MTA) has constructed what appears to be a ventilation system for the 7 Subway Extension on the northern end of the lot. Now, we can bring you news that the developer is moving forward with development of the site. Planned is a mixed-use project, with condominiums and a space for a cultural institution, designed by Zaha Hadid Architects. The project was one of the last that Zaha Hadid personally designed before she unexpectedly passed away earlier this year. The site can accommodate up to 187,820 square feet of new mixed-use development. Construction is expected to get underway in early 2017.

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21-Story Residential Building Rises Above Ground Level at 221 West 29th Street, Chelsea

A 21-story building has risen above ground level at 221 West 29th Street, on the northern fringe of Chelsea. The 210-foot-tall building, situated between Seventh and Eighth avenues, two blocks south of Penn Station, is slated to contain 95 rental units, 19 of which are scheduled to be affordable. The project is developed by CBSK Ironstate, the group consisting of SK Development, CB Developers, and Ironstate Development. The architecture firm Goldstein, Hill & West is responsible for the design that draws inspiration from its pre-war context. CM & Associates Construction Management, LLC, abbreviated as CMA, was contracted for pre-construction design consultation and construction management.

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