Delshah Capital’s Dorian, a luxury condominium development in Chelsea, went up in flames this morning.
A five-alarm fire at the 221 West 17th Street site broke out at 3 a.m. Tuesday and spread quickly, requiring the response of about 250 firefighters. No injuries have yet been reported. The cause of the blaze, which was declared under control at 7:11 a.m., is also not yet known, NBC News reported.
“The fire was on the fourth through sixth floors,” said Delshah’s CEO Michael Shah in a phone interview. “Everything is stable right now. We are assessing the damage.”
Shah also confirmed the site was insured.
The Dorian luxury condo project was slated to encompass 40,000 square feet, with 14 units including full-floor penthouses on the seventh through 10th floors. The building, which the company previously expected to be complete by the end of 2016, was also to have ground floor retail.
Delshah bought the site for $26.4 million last year. [NBC News] – Ariel Stulberg and Rey Mashayekhi