Open House
237 Chelsea
237 West 26th St. (between 7th and 8th Aves.)
237 Chelsea LLC
(www.237chelsea.com)
It’s no secret that gentrification—wrought by the city’s real estate boom, recent re-zonings and the High Line—is radically reshaping Chelsea and its adjacent neighborhoods. With crane sightings multiplying daily, and residents ducking under scaffolding every third block to shield themselves from the next mystery development, Chelsea Now thought it high time to expand its real estate and housing coverage by rolling out a bi-weekly column chronicling the new kids on the block. Below, the third residential development in the series—this one a conversion property.
VITAL STATS
Units/Prices: 4 total — three 2-bdr. full-floor loft units (starting at $1.7 million), one 3-bdr. duplex penthouse (starting at $2.6 million)
Price per sq. ft.: $565–$1,309
Units pre-sold: 100%
Date of Completion: late June 2007
Building dimensions: 6 floors; 60 ft. high; 10,000 sq. ft.
Interior Designer: K-Square Designs
Architect: K-Square Designs
Architect has also done: renovation and conversion to residential condos at 132 West 22nd St., 97 Perry St. and 57 West 75th St.
What’s nearby: Madison Square Garden, Fashion Institute of Technology
Subway: 23rd St. C, E; 34th St. A, C, E; 23rd St. 1; 28th St. 1; 34th St. 1, 2, 3
Zoning status: as of right — the developer needed no approval for variances from either the city or Community Board 4
Lot was originally: a multi-purpose 4-story loft building (ready for conversion)
Amenities: (units) washer/dryer, red-oak flooring, black-granite kitchen flooring and counters, and premium appliances including Subzero refrigerators, Wolf stoves and cook-tops, Bosch dishwashers and a GE Monogram wine cooler.
Also: There is also one 2-story commercial unit—3,836 sq. ft. on the ground floor and cellar—for sale for $2.15 million
— Compiled by Ariel Vered
