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371 Seventh Avenue was built in 1929 and has a total of 535 rental apartments. Located in Chelsea, 371 Seventh Avenue is very close to the 2, 3, B and C subway lines.
Amenities at this building include fitness center, business center and golf simulator.
In late July 2025, developer Slate Property Group and non-profit Breaking Ground entered late-stage talks to acquire Manhattan's Stewart Hotel from Sioni Group and Patriarch Equities. The two plan to be co-developers on converting the hotel to 535 units of permanently affordable housing. A spokesperson for Slate Property Group said that they would handle construction, and that Breaking Ground would operate the building and provide services. The deal could potentially close by the end of the year.
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