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  #181  
Old Posted Mar 29, 2022, 1:40 PM
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A little more info on the sale:


tradedny
SALE
IMAGE: Adam Spies, Adam Doneger, Steve Witkoff, Rachel Humphrey, Len Blavatnik & Doug Harmon
DATE: 12/23/2021
ADDRESS: 76 11th Avenue
MARKET: Chelsea
ASSET TYPE: Multifamily

BUYER: @WitkoffCo - Steve Witkoff & Access Industries - Len Blavatnik
SELLER: Children’s Investment Fund
BROKERS: Adam Spies, Doug Harmon, Adam Doneger (@ADoneger) & Rachel Humphrey - Cushman & Wakefield (@CushWake)

SALE PRICE: $900,000,000
SF: 900,000 ~ PPSF: $1,000
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  #182  
Old Posted Apr 6, 2022, 9:03 PM
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The XI Prepares To Resume Construction At 76 Eleventh Avenue In Chelsea, Manhattan



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Construction is set to resume on The XI, with a revised completion date of “Winter 2024” posted for the stalled two-tower mixed-use project at 76 Eleventh Avenue in Chelsea. Designed by Bjarke Ingels Group and developed by 76 Eleventh Avenue Property Owner LLC, the twisting 26- and 36-story structures have stood topped out and unfinished since late 2019, when reports of trouble began to surface about the former developer, HFZ Capital Group. In late 2021, Steve Witkoff purchased the property in a foreclosure sale for $900 million and partnered with Access Industries and Monroe Capital, and it now appears that the project is back on track, with an updated board at the property listing Suffolk Construction Corporation as the new general contractor, replacing Omnibuild. The full-block site is located adjacent to the High Line and is bound by Tenth Avenue to the east, West Street to the west, West 17th Street to the south, and West 18th Street to the north.

The 908,250-square-foot complex will yield 235 condominiums marketed by Douglas Elliman, a 137-room Six Senses Hotel Resort Spa, 85,000 square feet of leasable commercial retail space, and a public pedestrian plaza with a new entrance to the High Line.

The walls of Travertine marble remain in place while the trapezoidal mechanical bulkhead frames wait to be clad. Scaffolding and black netting cover portions of the podium’s floor-to-ceiling glass, the reinforced concrete floors of the low-rise two-story bridges over the first floor remain exposed, and the pedestrian plaza and retail space facing Tenth Avenue sits behind sidewalk barriers and metal fencing.
===============
NYY
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  #183  
Old Posted Apr 14, 2022, 2:11 PM
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  #184  
Old Posted Jun 10, 2022, 12:58 PM
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  #185  
Old Posted Jul 5, 2022, 5:18 PM
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  #186  
Old Posted Jul 5, 2022, 7:34 PM
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Very nice!
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  #187  
Old Posted Jul 5, 2022, 10:33 PM
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Is that from the new Thomas Weatherwick park?
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  #188  
Old Posted Jul 5, 2022, 11:06 PM
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Quote:
Originally Posted by colemonkee View Post
Is that from the new Thomas Weatherwick park?
Yes. Via Pier 55.
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  #189  
Old Posted Aug 7, 2022, 5:39 PM
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Credit: JC_Heights

Last edited by chris08876; Sep 24, 2022 at 12:38 PM. Reason: image fixed, wasn
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  #190  
Old Posted Aug 23, 2022, 10:16 PM
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Last edited by chris08876; Sep 24, 2022 at 12:38 PM. Reason: image fixed. wasn't working
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  #191  
Old Posted Sep 24, 2022, 12:37 PM
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Credit: GaryHershorn
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  #192  
Old Posted Nov 13, 2022, 8:49 PM
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  #193  
Old Posted Feb 6, 2023, 8:53 PM
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Façade Work Continues On BIG’s One High Line At 500 West 18th Street In Chelsea, Manhattan





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Façade installation continues on One High Line, a two-tower mixed-use complex at 500 West 18th Street in Chelsea, Manhattan. Designed by Bjarke Ingels Group and developed by Witkoff Group and Access Industries, the 900,000-square-foot project consists of 36- and 26-story towers rising from a shared podium and will yield 236 condominium units, a hotel component, ground-floor retail space, and a public plaza. Witkoff purchased the property, formerly known as The XI, in a foreclosure sale for $900 million and partnered with Access Industries and Monroe Capital to complete the once-stalled development. Suffolk Construction is the new general contractor, Enzo Enea is the landscape architect, and Corcoran Sunshine Marketing Group is handling sales and marketing for the project, which is alternately addressed as 76 Eleventh Avenue and stands adjacent to the High Line on a plot bound by West 18th Street to the north, West 17th Street to the south, Tenth Avenue to the east, and West Street to the west.

Recent photos show the progress on the warm-hued travertine façade since our last update in July, when work had recently resumed on the project. The stone envelope now encloses most of the twisting towers and their shared podium, and the mechanical bulkheads have been covered in scaffolding and netting in preparation for the installation of their cladding.

The taller western tower will yield 149 residences with interiors by Gabellini Sheppard Associates served by four passenger elevators and one service car. Each unit comes with wide oak plank floors, custom eucalyptus wood entry doors, a Cat-6 pre-wired home automation package with low-voltage power to all windows, purified air and water, junction boxes in all bedrooms, and an in-unit washer and dryer.

Kitchens are lined with custom Bulthaup Grey Larch cabinetry, honed White Princess quartzite countertops, satin stainless steel fittings by CEA Design, and feature a Gagganeau refrigerator, dishwasher, cooktop, speed and/or steam oven, convection oven, warming drawer, and a wine refrigerator. Primary bathrooms get Taj Mahal quartzite flooring and walls, satin stainless steel fittings by CEA Design, a eucalyptus wood vanity with polished white lumix quartzite countertop and under-mount Corian sinks, Kaldewi bathtubs with Taj Mahal quartzite surround, Hydrosystems Biscayne freestanding tubs in select residences, and Nuheat radiant floor heating. Secondary bathrooms feature Woodgrain Silver vein-cut marble flooring and walls, satin stainless steel fittings by CEA Design, a custom oak vanity with a Woodgrain Silver marble countertop, and Nuheat radiant flooring. Powder rooms are lined with honed vein-cut Grigio Onyx flooring, walls, and vanity.

The shorter eastern tower yields 87 residences with interiors by Gilles & Boissier, and has two passenger elevators and one service car. These units each get wide natural European oak plank flooring laid in a chevron pattern, smoked oak entry doors in a matte finish, a pre-wired Cat-6 home automation package with low-voltage power to all windows, purified air and water, junction boxes in all bedrooms, and an in-unit washer and dryer.

The developers are pursuing LEED Silver certification. One High Line is expected to be finished later this year.
====================
NYY
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  #194  
Old Posted Apr 12, 2023, 1:59 PM
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  #195  
Old Posted Oct 17, 2023, 2:27 PM
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Construction Nears Completion On One High Line At 500 West 18th Street In Chelsea, Manhattan



Quote:
The taller western tower will yield 149 residences with interiors by Gabellini Sheppard Associates. Each of these homes will be outfitted with wide oak plank floors, custom eucalyptus wood entry doors, a Cat-6 pre-wired home automation package with low-voltage power to all windows, purified air and water, junction boxes in all bedrooms, and an in-unit washer and dryer. The 36-story building will be served by four passenger elevators and one service car.

Kitchens will be lined with custom Bulthaup Grey Larch cabinetry, honed White Princess quartzite countertops, satin stainless steel fittings by CEA Design, and feature a Gagganeau refrigerator, dishwasher, cooktop, speed and/or steam oven, convection oven, warming drawer, and a wine refrigerator. Primary bathrooms get Taj Mahal quartzite flooring and walls, satin stainless steel fittings by CEA Design, a eucalyptus wood vanity with polished white lumix quartzite countertop and under-mount Corian sinks, Kaldewi bathtubs with Taj Mahal quartzite surround, Hydrosystems Biscayne freestanding tubs in select residences, and NU-HEAT radiant floor heating. Secondary bathrooms feature Woodgrain Silver vein-cut marble flooring and walls, satin stainless steel fittings by CEA Design, a custom oak vanity with a Woodgrain Silver marble countertop, and NU-HEAT radiant flooring. Powder rooms are lined with honed vein-cut Grigio Onyx flooring, walls, and vanity.

Meanwhile, the shorter 26-story eastern sibling will feature interiors by Gilles et Bossier with the remaining 87 condominium units and the hotel portion of the mixed-use complex with two passenger elevators and one service car. Interiors come with natural European oak plank flooring with a 5.5-inch chevron pattern, smoked oak entry doors in a matte finish, a pre-wired home automation package, low voltage power to all windows, Cat-6 cabling, junction box in all bedrooms, and premium washers and dryers. Kitchens get custom white lacquered cabinetry; Calacatta gold marble countertops; satin stainless steel fittings by THG; and Gagganeau refrigerators, dishwashers, cooktops speed and/or steam ovens, convection ovens, and warming drawers.

Primary bedrooms have honed Arabescato Vigil marble flooring, honed St. Laurent marble walls, polished nickel fittings by THG, honed Arabescato Vagil Pro countertops, Kaldewei bathtubs with Statuario surroundings, and NU-HEAT radiant floor heating. Secondary bathrooms are fitted with honed crystal white stone flooring, honed Statuario marble walls, polished nickel fittings by THG, smoked oak vanities with honed crystal white stone countertops, and NU-HEAT radiant floor heating. Finally, the powder rooms contain Calacatta Paonazza marble flooring, walls, sinks and vanities with crystal white base borders.

One High Line recently commenced closings and is aiming for LEED Silver certification. YIMBY anticipates construction to fully finish sometime in early 2024.
====================
NYY
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