Related, L&L scope out former Chelsea prison

Aside from developers, Avenues school and WeWork also eyeing site

TRD New York /
March 31, 2014 10:00 AM

Related Companies and the William Macklowe Company are among the developers to check out Bayview Correctional Facility, a former women’s prison in Chelsea, with interest of possibly acquiring it.

Taconic Investment Partners and L&L Holding Company have also toured the site, located at 550 West 20th Street Near 11th Avenue. Aside from developers, private school Avenues: The World School, shared workspace WeWork and piano manufacturer Steinway Musical Instruments each view the space as an option for expanding operations.

The Moinian Group proposed using the space as an international arts center with an unspecified photography agency as the flagship tenant. The state issued a request for proposals in December, and officials are slated to choose a developer sometime this spring. Some developers have been skeptical about converting it into office space, citing its low ceilings, tiny windows and small floor plates, as previously reported. [WSJ]Mark Maurer


Related Article

arrow_forward_ios

Related is the latest developer to target the Rockaways

Related CEO Jeff Blau, Deutsche Bank CEO Christian Sewing, and Time Warner Center at 10 Columbus Circle (Credit: Getty Images and Wikipedia)

Deutsche Bank shrinks footprint at future Columbus Circle home amid global downsizing

The Observation Deck at Hudson Yards (Credit: Adam Pogoff)

Views from 1,100 feet: A tour of Related’s “the edge,” the tallest outdoor observation deck in the Western Hemisphere

Gym chain creator looks to part ways with Westchester County compound

arrow_forward_ios