Plans unveiled for JDS Chelsea condo project
Last year, JDS and Largo paid $34.75M for 514 West 24th Street
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