The Indigo Condominium

125 West 21st St (between 6th and 7th Aves.)
Alchemy Properties Inc.
www.indigo-21.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 sixth residential development in the series.


VITAL STATS

Units/Price: 51 units: eight studios (starting at $585,000), nineteen 1-bdr. (starting at $1 million), sixteen two-bdr. (starting at $1.3 million), eight 3-bdr. (starting at $1.7 million)

Price per sq. ft.: $967–$1,584

Units pre-sold: 50%

Date of completion: November 2007
Building dimensions: 13 floors; 135 ft. high; 81,413 total sq. ft.

Interior designer: Fxfowle

Architect: Fxfowle Architects

Architect has also done: New York Times building, Condé Nast building, Jacob Javits Center renovation and expansion

What’s nearby: Madison Square Park, Flatiron Building, Chelsea Piers, Chelsea Market

Subway: 14th St. 1, 2, 3; 23rd St. 1; 14th St. F, L, V; 23rd St. F, V

Zoning status: as of right — the developer needed no approval for variances from either the city or Community Board 4

Lot was originally: a parking lot

Amenities: (building) private storage spaces, second-floor common outdoor terrace, 24-hour lobby attendant, live-in superintendent, video intercom system; (unit) private terraces in some units, Viking kitchen appliances, Poggenpohl kitchen cabinets, radiant-floor heating in master baths, Kohler bathroom fixtures, washer/dryer in each unit, cherry hardwood floors.

Also: There is also one 6,956-sq.-ft. ground-floor retail unit available for $7.75 million

— Compiled by Ariel Vered