NEW YORK | 550 10th Avenue | 520 FT | 47 FLOORS

[NYguy]

https://therealdeal.com/2021/01/25/g...far-west-side/

Gotham plans massive mixed-use building on Far West Side
Developer would construct 453 units, commercial space in Hell’s Kitchen


Jan. 25, 2021
By Orion Jones

Gotham Organization filed plans to build a 436,000-square-foot, mixed use building in Hell’s Kitchen, according to records filed with the Department of Buildings.

The plans call for a 47-story building at 538 Tenth Avenue with 453 units, as well as 25,000 square feet of community facility space and ground-floor retail of up to 10,000 square feet.

The nonprofit Covenant House, which serves homeless youth, owns 538 Tenth Avenue and the adjoining 554 Tenth Avenue. Gotham entered into contract in 2019 to buy the former for $78 million. At the time, Gotham agreed to build a new facility for Covenant House as part of the deal.

Permits to demolish the eight-story youth homeless shelter on the site were approved in September 2018. In its place, Covenant House filed plans that year to build a 12-story, 60-unit building at 460 West 41st Street, adjacent to the 10th Avenue parcel.

The demolition was completed in 2019. Construction of the new Covenant House headquarters is under way and expected to be complete by the end of this year. It will include the youth shelter’s sleeping accommodations, classrooms, fitness areas and other support spaces.

When the edifice is ready, Covenant House will vacate 550 10th Avenue and consolidate its operations in the new building, in which Gotham will not have an ownership interest. Gotham will then purchase and raze the vacated building to construct the 47-story project, a spokesperson for the developer said. Covenant House will purchase two floors of it for administrative space.

This is just north of the new PA bus terminal, close to the site of the PA’s planned residential tower.



http://a810-bisweb.nyc.gov/bisweb/Jo...ssdocnumber=01



https://www.gothamorg.com/property/4...t-hudson-yards

The condo/rental hybrid tower on 40th St and 10th Ave in Hudson Yards will consist of up to 400 mixed-income residential homes, made up of primarily rentals, with condominiums filling out the penthouse floors. The 42-story, mixed-use tower with inclusionary housing will include over 20,000 sf of indoor and outdoor amenity space, as well as neighborhood retail on the ground floor. The building is being designed by Handel architects, with expected completion in 2024.

Role
Developer

Architect
Handel Architects

Category
Residential Mixed-Use