Andrew Builds NYC: NYC Construction and Real Estate

Andrew Builds NYC

Latest News in Construction, Real Estate, and Urbanism by Andrew Jamal Davis

Construction

New Condo Building at 435 West 19th Street Completes Construction in Chelsea, Manhattan

New Condo Building at 435 West 19th Street Completes Construction in Chelsea, Manhattan

435 West 19th Street, an eight-story residential conversion and expansion in Chelsea, Manhattan, has recently completed construction.

Sales have launched for the property, with homes ranging in price from $1.15 million for a studio to $7 million for a three-bedroom, 3.5-bathroom penthouse unit. The development’s location is convenient, with the closest subways being the A, C, E, and L trains at the 14th Street-8th Avenue station to the southeast.

435 West 19th Street, designed by Rand Engineering and Architecture and developed by Churchill Real Estate Holdings, involved the construction of a three-story steel-framed expansion atop a former warehouse building and the repurposing of its interiors to yield 21 condominium units.

The development is situated between Ninth and Tenth Avenues and features on-site amenities, including a bike room, concierge service, a gym, residential storage, a package room, and private outdoor space with a roof deck and patio.

Project 19 High Line LLC is the owner, and CORE Real Estate is handling sales and marketing for the property.

435 West 19th Street faced financial issues due to its previous owner, Six Sigma, filing for bankruptcy in 2020 with over $40 million in debt. The developer acquired the property for $21 million in 2014 but made little progress aside from assembling scaffolding in 2017. Work on the project only picked up after Meridian Investment Sales purchased the building in the bankruptcy auction three years ago.

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About the author

Based in NYC, Andrew works in the Construction and Real Estate industry with a Bachelor of Science in Civil Engineering from Georgia Tech in Atlanta, Georgia.