Plans unveiled for JDS Chelsea condo project

Last year, JDS and Largo paid $34.75M for 514 West 24th Street

New York /
Apr.April 19, 2015 12:00 PM

Last July, The Real Deal reported that Michael Stern’s JDS Development Group, together with Largo Investments, had purchased a West Chelsea parcel for $34.75 million. Now, plans for that project are out.

Roman and Williams is designing the 10-story residential building at 514 West 24th Street, according to New York YIMBY. The building will span 50,000 square feet, with 10,000 square feet designated as ground-level commercial space.

As far as apartments go, it looks like the developers are going big, with only 14 apartments total. The entire second floor will be a single apartment, while floors three through seven will carry two units per floor, according to YIMBY.

Floors eight, nine and 10 will also be full-floor penthouses. That makes the average apartment size roughly 3,000 square feet. No word on pricing yet.

[YIMBY]Christopher Cameron


Related Articles

arrow_forward_ios
JDS Development Group’s Michael Stern and 111 West 57th Street; Fortis Property Group’s Jonathan Landau and Olympia Dumbo (Olympia Dumbo, 111 West 57, Fortis Property Group, iStock)
Rising rates slow new development sales in Brooklyn, Queens
Rising rates slow new development sales in Brooklyn, Queens
Pier 57 in Chelsea. (Google)
Google opens new Pier 57 to employees, public
Google opens new Pier 57 to employees, public
Robert Gans, 533 West 27th Street and Eli Tabak (Robert's Steakhouse, Google Maps)
Strip club owner alleges Tabak family conspiracy in $100M suit
Strip club owner alleges Tabak family conspiracy in $100M suit
From left: Doug Tiesi, CEO, Argentic, and Ben Ashkenazy, CEO, Ashkenazy Acquisitions, in front of 115 Seventh Avenue (Argentic Investment Management, LoopNet, iStock)
Ashkenazy loses original Barneys building
Ashkenazy loses original Barneys building
Richard Born, partner, BD Partners, in front of Hotel Chelsea at 222 West 23rd Street (BD Partners, iStock/Photo Illustration by Steven Dilakian for The Real Deal)
Hotel Chelsea quietly reopens after renovation delays
Hotel Chelsea quietly reopens after renovation delays
(iStock)
New development activity spikes in February — even in Queens
New development activity spikes in February — even in Queens
From left: Michael Stern and Joseph Chetrit in front of 9 DeKalb Avenue in Brooklyn (Getty Images, JDS Development, LoopNet/Photo Illustration by Steven Dilakian for The Real Deal)
Chetrit and Stern go toe-to-toe on Downtown Brooklyn supertall
Chetrit and Stern go toe-to-toe on Downtown Brooklyn supertall
Jeff Aronson (iStock, Jeff Aronson, CC BY-SA 2.0, via Wikimedia Commons/Photo Illustration by Steven Dilakian for The Real Deal)
Centerbridge closes $2B real estate fund
Centerbridge closes $2B real estate fund
arrow_forward_ios

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

Loading...