Nightclubs give way to new developments on West 27th Street

New York /
Jun.June 23, 2011 11:20 AM

alternate
text
From left: FLANK at 520 West 27th Street, Chelsea Muse at 537 West 27th Street and +aRt at 540 West 28th Street

Where loud clubs such as Pink Elephant, B.E.D. and Bungalow 8 once thrived on West 27th Street, development is rising from their ashes and capitalizing on the quiet gallery scene just south. According to the Wall Street Journal, the rezoning of West Chelsea from West 16th to 30th streets in 2005 was key to the transformation of 27th Street between 10th and 11th avenues. And now the fruits of that rezoning are becoming ripe. The first new development was FLANK at 520 West 27th Street, an office building that opened in 2009 and became home to a shoe company, galleries, a fashion agency, an architecture firm and Alicia Keys’ recording studio. The +aRt condominium, which has frontage on West 27th Street despite its 28th Street address, hit the market in March, and just yesterday the Chelsea Muse began leasing its units. The 56-room Hotel Americano will be complete in a matter of weeks and is preparing for a soft launch in August. The hotel will have a French restaurant, a Mediterranean Grill, two bars and a cafe. The developments can thank a community board that became frustrated with the clubs and raised objections with the State Liquor Authority, which ushered out the clubs. In a sign of the transforming area, art dealer Paul Kasmin, who used to party at Bungalow 8 in his younger years, now has plans to open a sculpture gallery in the club’s former space at 515 West 27th Street. [WSJ]


Related Articles

arrow_forward_ios
The Watson Hotel at 440 West 57th Street (Google Maps)
Developers already eyeing commercial-to-resi conversions
Developers already eyeing commercial-to-resi conversions
Photo illustration of Brookfield Property Partners’ Brian Kingston (Brookfield, iStock)
Struggling hotel company handing Brookfield the keys
Struggling hotel company handing Brookfield the keys
Rendering of H Hotel, slated for 58 West 39th Street (Peter Poon Architects)
Heavy hangover: Air rights purchased for massive cantilever
Heavy hangover: Air rights purchased for massive cantilever
Watson Hotel at 440 West 57th Street (Google Maps)
Manhattan hotel trades in biggest distressed lodging deal of pandemic
Manhattan hotel trades in biggest distressed lodging deal of pandemic
Lightstone Group CEO Mitchell Hochberg and Marriott International CEO Anthony Capuano with a rendering of The Moxy Williamsburg (Getty, Lightstone, iStock)
Marriott, Lightstone Group bet on hotel recovery
Marriott, Lightstone Group bet on hotel recovery
(iStock/Illustration by Kevin Rebong for The Real Deal)
Travel roars back — and summer rentals book up
Travel roars back — and summer rentals book up
Bolivar Development's Peter Fine and 401 West 218 Street. (Google Maps)
10 biggest new project filings in NYC
10 biggest new project filings in NYC
Sonder CEO Francis Davidson. (Sonder, Google Maps)
Sonder to open in Flatiron Hotel next month
Sonder to open in Flatiron Hotel next month
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...