New Project: Apartment Project in Manhattan

October 23, 2020
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Photo Credit: COOKFOX

Photo Credit: COOKFOX

Source: New York YIMBY

Developers have secured $173 million to construct a rental development in Manhattan's Chelsea neighborhood.
Where is it happening?
Manhattan, New York City, N.Y.

Who is Involved?
Developers: MAG Partners, Atalya, Safanad, Qualitas
Designers: COOKFOX

When is it happening?
The building will open to residents in 2022.

Why is it important?
The building will offer affordable housing options that are close to major tech companies’ offices in the trendy, West side of Manhattan.

Key Aspects?
30% of the building’s units will be reserved for low- and middle-income households

Project Specs?
113-feet tall
266 residential units
214,000 square-feet of residential space
10,500 square-feet of lower-level retail space

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