WEST CHELSEA RIVERFRONT SITE SELLS FOR $ 714/sf

Posted by Leonard Steinberg on February 2nd, 2014 The Atlantic Foundation, a nonprofit funding group founded by an heir to the Johnson & Johnson fortune, has sold a development site at 540 West 21st Street in West Chelsea for $50 million, or about $714/sf to Casco Development Corp, which is controlled by a foreign real estate investor… [Read More]

NORMAN FOSTER’S 551 WEST 21ST STREET/150 ELEVENTH AVENUE ARRIVES

Posted by Leonard Steinberg on September 25th, 2013 Mega-architect Norman Foster and developer Scott Resnick’s new building at the corner of Eleventh Avenue and 21st Street in West Chelsea has come to market, now known as 551 West 21st Street. The 250ft tower across from Chelsea Piers and the Hudson River Park with its gracious… [Read More]