open house

It’s no secret that gentrification—wrought by the city’s real estate boom, recent re-zonings and the High Line—is radically reshaping Chelsea and its adjacent neighborhoods. With crane sightings multiplying daily, and residents ducking under scaffolding every third block to shield themselves from the next mystery development, Chelsea Now thought it high time to expand its real estate and housing coverage by rolling out a bi-weekly column chronicling the new kids on the block. Below, the fourth residential development in the series.

VITAL STATS

Units/Price: 11 units: three 1-bdr. (starting at $1.3 million), seven 2-bdr. (starting at $2 million) and one 3-bdr. penthouse (starting at $5.25 million)

Price per sq. ft.: $1,200–$2,000

Units pre-sold: 45%

Date of completion: End of August 2007

Building dimensions: 12 floors; 145 ft. high;
22,000 sq. ft.

Interior designer: Lindy Roy

Architect: Alexander Compagno Architect

Architect has also done: Vitra USA headquarters
(West Village), Andre Balazs’ Hotel QT (Times Square)
What’s nearby: DIA ArtCenter, Chelsea gallery district, Highline Park, Hudson River Park, Chelsea Piers, West Chelsea historic district

Subway: 14th St. A, C, E, L; 23rd St. C, E; 34th St. A, C, E
Zoning status: as of right — the developer needed no approval for variances from either the city or Community Board 4
Amenities: (building) storage, lobby gallery; (unit) floor-to-ceiling glass walls, French balconies, expansive private rear terraces overlooking the neighboring High Line, Varenna kitchens with Tortora glass backsplashes, glacier-tiled master baths, unique handcrafted Toscoquattro vanities, exotic wenge flooring

— Compiled by Ariel Vered