The Real Deal New York

Itzhaki’s Modern 19 project in Chelsea completed

Developer unsure whether to offer units as rentals or condos

March 05, 2014 10:50AM

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Modern-19

Rendering of 138 West 19th Street

Developer Erez Itzhaki has wrapped construction on new boutique Chelsea development known as Modern 19.

Last month, Shlomi Reuveni of Brown Harris Stevens Select was hired to market the six floor-through units and a duplex penthouse at 138 West 19th Street, as The Real Deal reported. The project is a sister to Modern 23 at 350 West 23rd Street in Chelsea. But Itzhaki has yet to decide whether wants the units to be condominiums or rentals.

The floor-through units are each 1,200 square feet, Curbed reported. Itzhaki bought the Modern 19 site for $2.9 million in 2011. [Curbed]Mark Maurer

  • Manny Fresh

    Mazal Erez, i know you will make a killing on this. Mr. Itzhaki, one of the most hard working and outstanding developer in the city. Cant wait to see how your Chelsea development will turn out.

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