Posted Jan 11, 2012, 9:46 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,903
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http://www.nytimes.com/2012/01/11/re...t-chelsea.html
Developers Sense the Time Is Right to Play Off the Aura of West Chelsea
rendering of 510 West 22nd Street in Manhattan, alongside the High Line elevated park.
The nondescript warehouse will be replaced with a nine-story office building. At one time a hotel had been planned there.
By JULIE SATOW
January 10, 2012
Quote:
Frank Gehry’s IAC building was a shot of glamour for West Chelsea when it was built in 2007, an almost ethereal assemblage of white, sail-like forms at 18th Street and the West Side Highway. At 130,000 square feet, it is one of the largest commercial buildings in the neighborhood.
Now, it may have a rival, at least in size. The Albanese Organization just closed on a deal for a nondescript warehouse abutting the High Line elevated park that was once intended to be a hotel built by the musician Jay-Z. Albanese plans to replace it with a nine-story 175,000-square-foot office building.
The $140 million project, at 510 West 22nd Street and 10th Avenue, a few blocks north of the IAC building, is to have 160 feet of frontage on the High Line, 14- to 20-foot-high ceilings and floor plates of 15,000 to 20,000 square feet.
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NEW YORK is Back!
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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