As new developments rise along the High Line in West Chelsea, families are flocking to them, the New York Times reported.
A lack of family-sized apartments Downtown has sent prices for luxury condominiums surging past those of Uptown and Midtown. One of the most sought-after neighborhoods is West Chelsea, as the High Line’s elevated parkland continues to drive development.
At developer/architect Cary Tamarkin’s 508 West 24th Street, all but one of the 15 three-bedroom units will offer views of the High Line, only 15 feet away. The 10-story building is expected to be finished by June 2014.
Tamarkin’s building will offer three three-bedroom penthouses that range from 3,000 to more than 3,300 square feet along with 11 three-bedrooms of 2,300 square feet. Over half of the apartments will feature outdoor spaces.
Not far away, at 560 West 24th Street, Adam Gordon Holdings is building an eight-unit condominium that will be open by spring of 2014. The apartments will average 3,300 square feet.