Friday, May 4, 2012

Another High Line Residential Project from the Related Cos

The Related Companies has yet another residential plan in the works along the northern stretch of the High Line, their latest at 539 West 29th Street. It is just down the block from their 33-story, Robert A.M. Stern designed tower, which is getting ready to rise at 500 West 30th Street.

The plan at 539 West 29th Street is for a 15 floor residential apartment building with 126 units. Related's architect of record for this new project, is Ismael Leyva.

Rising across the street from 539 West 29th will be the block-busting Avalon West Chelsea, where the big dig out for 700+ new residential units is on going. Towering above Related's newest project, where an old garage stood until it was demolished last summer, is the big white slab better known as Ohm.

This new project is part of the development land rush in the vicinity of NYC's newest neighborhood at Hudson Yards, Related's mega-project covering 26 acres, with more than 5.5 million square feet of commercial and residential buildings, all encircled by the last stretch of the High Line.

 Proximity to the High Line is proving to be the economic boon foreseen by the Bloomberg administration when this area was re-zoned back in 2005.