chelseanow.com
Volume 1, Number 45 | The Weekly Newspaper of Chelsea | July 27 - Aug. 2, 2007

Open house round-up

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. Well into our bi-weekly series on the area’s new residential development, we thought we’d give readers a birds-eye view by recapping the properties covered so far.


Highline 519
519 West 23rd St. (at 10th Ave.)

Sleepy Hudson
www.highline519.com

VITAL STATS

Units/Prices: 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 & Associates

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

Loft 25
420 West 25th St. (bet. 9th and 10th Aves.)

R.A.L. Companies; Robert Levine
www.loft25.com

VITAL STATS

Units/Prices: 79 units: fifteen studios (starting at $975,000), fifty-four 1-bdr. (starting at $1.12 million), ten 2-bdr. (starting at $1.6 million)

Price per sq. ft.: $947–$2,039

Units pre-sold: over 50%

Date of Completion: October 2007

Building dimensions: loft building: 8 floors; adjacent glass building: 7 floors; 120,000 total sq. ft.

Interior Designer: Creative Design Associates, LLC; custom-designed, all-glass kitchens by Schiffini

Architect: Creative Design Associates, LLC

Architect has also done: 270 Broadway street façade and lower level, 1 Brooklyn Bridge Park, Franklin Tower, 271 Church Street (all residential)

What’s nearby: High Line Park, Chelsea Prep (K–5), London Terrace, Chelsea Piers, Hudson River Park

Subway: 23rd St. C, E; 34th St. A, C, E

Zoning status: as of right conversion of existing eight-story building and adjacent one-story building with new six-story construction — the developer needed no approval for variances from either the city or Community Board 4

Lot was originally: The loft building was a printing press built in 1914; the glass building is new construction.

Amenities: (building) 24-hr. doorman, communal rear garden courtyard with reflecting pool, screening/conference room, gym, landscaped roof deck with river views; (unit) washer/dryer, oversized ceilings, Nordic ash floors, floor-to-ceiling windows in glass building, 8-ft. windows in loft building; premium appliances include gas-top range, electric convection oven and integrated dishwasher, all by Bosch.

100 West 18th
100 West 18th St. (at 6th Ave.)

The Brauser Group
www.100west18.com

VITAL STATS

Units/Prices: 41 total — seven 1-bdr. (starting at $900,000), twenty-five 2-bdr. (starting at $1.6 million), eight 3-bdr. (starting at $2.5 million), one 4-bdr. ($6 million)

Price per sq. ft.: $1,150–$2,000 (units priced individually according to amenities)

Units pre-sold: 50%

Date of completion: January 2008

Building dimensions: 10 floors; 120 ft. high; 116,000 total sq. ft.

Interior designers: Garrett Gourlay and the Brauser Group; custom closets in master bedroom by Transform

Architect: Garrett Gourlay, RA

Architect has also done: Citibabes (Soho private family club), Vesta 24 condominium

What’s nearby: New York Foundling Hospital, Center for Jewish History, Apex Technical School

Subway: 18th St. 1; 23rd St. 1; 14th St. F, L, V; 23rd St. F, V

Zoning status: as of right — the developer needed no approval for variances from either the city or Community Board 4

Lot was originally: a 4-story parking garage with retail and a 6-story building with bar and restaurant

Amenities: (building) landscaped rooftop with outdoor shower and gas barbecue, storage unit in each apartment, fitness center, club room with outdoor landscaped Zen garden, lobby package room with refrigerated section; (unit) master bedroom custom-designed walk-in closets by Transform, washer and dryer, lava-stone showers, wood-burning fireplace, iPod docking station with speakers in the master bedroom, premium kitchen appliances including Miele dishwasher and oven-appliance package, Miele built-in cappuccino maker and Sub-Zero refrigerator

237 Chelsea
237 West 26th St. (between 7th and 8th Aves.)
237 Chelsea LLC
www.237chelsea.com

VITAL STATS

Units/Prices: 4 total — three 2-bdr. full-floor loft units (starting at $1.7 million), one 3-bdr. duplex penthouse (starting at $2.6 million)

Price per sq. ft.: $565–$1,309

Units pre-sold: 100%

Date of Completion: late June 2007

Building dimensions: 6 floors; 60 ft. high; 10,000 sq. ft.

Interior Designer: K-Square Designs

Architect: K-Square Designs

Architect has also done: renovation and conversion to residential condos at 132 West 22nd St., 97 Perry St. and 57 West 75th St.

What’s nearby: Madison Square Garden, Fashion Institute of Technology

Subway: 23rd St. C, E; 34th St. A, C, E; 23rd St. 1; 28th St. 1; 34th St. 1, 2, 3

Zoning status: as of right — the developer needed no approval for variances from either the city or Community Board 4

Lot was originally: a multi-purpose 4-story loft building (ready for conversion)

Amenities: (units) washer/dryer, red-oak flooring, black-granite kitchen flooring and counters, and premium appliances including Sub-Zero refrigerators, Wolf stoves and cook-tops, Bosch dishwashers and a GE Monogram wine cooler.

Also: There is also one 2-story commercial unit—3,836 sq. ft. on the ground floor and cellar—for sale for $2.15 million

THE ONYX CHELSEA
261 West 28th St. (at 8th Ave.)
Bronfman Hayme Real Estate Developers, LLC
www.onyxchelsea.com

VITAL STATS

Units/Prices: 52 total — twenty-four 1-bdr. (starting at $700,000), twenty-four 2-bdr. (starting at $1.3 million), four 3-bdr. (starting at $1.7 million)

Price per sq. ft.: $1,100–$1,500

Units pre-sold: 90%

Date of completion: late summer 2007

Building dimensions: 11 floors; 115 ft. high; 80,000 total sq. ft.

Interior designer: Fxfowle Architects

Architect: Fxfowle Architects

Architect has also done: New York Times building (in-progress), Condé Nast building, Jacob Javits Center renovation and expansion

What’s nearby: Fashion Institute of Technology, Whole Foods Market, Midtown Tennis Club

Subway: 28th St. 1; 34th St. 1, 2, 3; 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

Lot was originally: three vacant 4- and 5-floor walk-ups with street-level retail

Amenities: (building) 24-hr. doorman, cold storage designed by Fresh Direct, gym, common roof area parking; (units) washer/dryer, radiant-heated floor in master bath, wine cooler, floor-to-ceiling glass windows, central air and heat pump in every room, and premium kitchen appliances including a Viking stove, Sub-Zero refrigerator and Bosch dishwasher.

— Compiled by Ariel Vered

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