Related planning large second condo building on High Line site

Developer expands project to span a combined 430K sf

Dec.December 22, 2016 03:25 PM

The Related Companies’ latest High Line condominium project will span almost 430,000 square feet – four times larger than initially indicated in permit filings.

In September, the developer filed plans with the Department of Buildings for a 63-unit, 108,024-square-foot building at 501 West 18th Street, on the corner of 10th Avenue, as The Real Deal reported. But weeks later, it filed plans with for a second, 22-story apartment building on an adjacent parcel. The two buildings will rise on both sides of the High Line and be connected by the retail component.

The City Planning Commission has already approved the filing for the second building.

Related was able to add an extra 116,000 square feet to the project by paying $5.8 million into the High Line Improvement Fund, which pays for public spaces in the neighborhood.

Related also developed the nearby, Zaha Hadid-designed condo development 520 West 28th Street. Units there hit the market in May. [Crain’s]Konrad Putzier 

Related Articles

Related's Jamar Adams and Steve Ross with 14-06 Gateway Boulevard (Credit: Getty Images and Google Maps)

Related is the latest developer to target the Rockaways

Steve Ross, Eliot Spitzer and a rendering of 451 10th Avenue (Credit: Getty Images) 

Spitzer, Related land $276M in financing for Hudson Yards senior housing project

Jeff Blau (Credit: Getty Images)

Related’s CEO talks Hudson Yards and “complicated” projects

Related Chairman Stephen Ross (Credit: Getty Images, Wikipedia)

Related drops 700-foot-long “wall” from Hudson Yards plan

Shaun Osher, CORE CEO (Credit: Getty Images and iStock)

CORE becomes latest NY resi brokerage to expand into South Florida

Related Companies chairman Stephen Ross and Hudson Yards (Credit: Getty Images)

Next phase of Hudson Yards could include 700-foot-long wall

15 Hudson Yards (Credit: StreetEasy)

Hudson Yards pad resells for 22% premium

From left: 200 East 66th Street; Extell’s 157 West 57th Street; and 15 Hudson Yards (Credit: Street Easy)

Four home sales that caught our eye — and cost an arm and a leg