The Real Deal New York

Excavation completed on HFZ’s 505 West 19th Street

Development to span 100,480 square feet upon completion in 2015

April 23, 2014 08:00AM

From left: Rendering of 505 West 19th Street and the current excavation site

From left: Rendering of 505 West 19th Street and the current excavation site

Excavation on HFZ Capital’s 505 West 19th Street is now finished, clearing the way for a pair of buildings that will one day straddle the High Line.

Upon completion, the full development will total 100,480 square feet, with a 7,839-square-foot commercial space on the ground floor. The project’s shared lobby, which connects the two 10-story towers, will be located directly beneath the High Line, as previously reported. Thomas Juul-Hansen designed the property’s interior and exterior, and is also the architect behind Extell’s One57.

Sales at 505 West 19th kicked off last month, and condominium units on the site are to run roughly $2,500 per square foot, or between $2.24 million for a one-bedroom and $7.4 million for a three-bedroom.

The project is slated for completion in 2015. [New York YIMBY]Julie Strickland

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