Related planning large second condo building on High Line site

Developer expands project to span a combined 430K sf
December 22, 2016 03:25PM

Site at 501 West 18th Street (credit: Google Maps) and Related’s Jeff Blau

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