Related planning large second condo building on High Line site

Developer expands project to span a combined 430K sf

New York /
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

arrow_forward_ios
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
Related is the latest developer to target the Rockaways
Gravity CEO Moshe Cohen and Related CEO Jeff Blau (Getty, Gravity)
Related partners with electric vehicle startup to bring charging stations to NYC
Related partners with electric vehicle startup to bring charging stations to NYC
Cuomo's High Line project has survived him — but his other proposals remain uncertain
Cuomo’s High Line project survives him, boosting Brookfield
Cuomo’s High Line project survives him, boosting Brookfield
34 Desbrosses Street and Related CEO Jeff Blau (StreetEasy, Getty)
Related scores $258M Blackstone loan for luxury Tribeca apartment building
Related scores $258M Blackstone loan for luxury Tribeca apartment building
Stephen Ross and Esperanté Corporate Center
Stephen Ross becomes king of West Palm offices
Stephen Ross becomes king of West Palm offices
Gov. Andrew Cuomo. Inset: CHIP's Jay Martin, REBNY's James Whelan and GFP Real Estate's Jeff Gural (Getty)
Real estate industry forced to take sides on Cuomo
Real estate industry forced to take sides on Cuomo
Related chairman Stephen Ross (Getty, iStock)
Related the latest company to mandate vaccines for employees
Related the latest company to mandate vaccines for employees
The attraction is now closed and the developer is conducting an investigation. (Getty)
Hudson Yards Vessel closed again after fourth death
Hudson Yards Vessel closed again after fourth death
arrow_forward_ios

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

Loading...