DDG Partners is planning an 11-story residential condominium building at 345 West 14th Street between Eighth and Ninth Avenues.
The building would loom over some low-rise buildings at the northeast Ninth Avenue corner of the block and would rise about the same height as the famous Porter House at 360 West 15th Street that was designed a few years ago by SHoP Architects and is one of the modern landmarks of the Meatpacking District and Far West Chelsea.
According to article today at ny.curbed.com, DDG Partners has designed the planned building with its own in-house team and is "still finalizing the plans regarding units and layouts."
Joseph A. McMillan Jr. is the chief executive officer of DDG Partners and John C. Keeler is senior advisor and general counsel, Christopher J. Prokop is chief operating officer and Peter G. Guthrie is chief creative office and head of design and construction.
DDG Partners' other projects include the residential buildings at 233 East 17th Street, which is near Stuyvesant Park and is known as Landmark 17, and 7 Essex Street, which overlooks Seward Park. It also took over in 2009 the development of a 10-story residential condominium building at 41 Bond Street.
The design of the building indicates that it will have three terraces stepping down from east to west facing 14th Street and that the top several floors facing west will be faced with glass.
A May 10, 2010 article by Anton Troianovski in The Wall Street Journal noted that DDG Partners had acquired the loan to the 14th Street site at a discount from CapitalSource Finance LLC. "The saga of 345 West 14th Street began in 2007 when developers Charles Blaichman and Abram Schnay joined with Andre Balzacs and Jay-Z to pay $30 million for the three-story building....The group filed plans to build an 11-story hotel....After the recession thwarted their plan, the owners defaulted on their $24 million mortgage and tried to give the property to lender CapitalSource....But on March 5, 2009, CapitalSource rejected the Federal Express package containing the deed, arguing it wasn't required to accept borrowers' delivery of the deed....DDG Partners acquired the note from Capital Source for $19.5 million."
The building would loom over some low-rise buildings at the northeast Ninth Avenue corner of the block and would rise about the same height as the famous Porter House at 360 West 15th Street that was designed a few years ago by SHoP Architects and is one of the modern landmarks of the Meatpacking District and Far West Chelsea.
According to article today at ny.curbed.com, DDG Partners has designed the planned building with its own in-house team and is "still finalizing the plans regarding units and layouts."
Joseph A. McMillan Jr. is the chief executive officer of DDG Partners and John C. Keeler is senior advisor and general counsel, Christopher J. Prokop is chief operating officer and Peter G. Guthrie is chief creative office and head of design and construction.
DDG Partners' other projects include the residential buildings at 233 East 17th Street, which is near Stuyvesant Park and is known as Landmark 17, and 7 Essex Street, which overlooks Seward Park. It also took over in 2009 the development of a 10-story residential condominium building at 41 Bond Street.
The design of the building indicates that it will have three terraces stepping down from east to west facing 14th Street and that the top several floors facing west will be faced with glass.
A May 10, 2010 article by Anton Troianovski in The Wall Street Journal noted that DDG Partners had acquired the loan to the 14th Street site at a discount from CapitalSource Finance LLC. "The saga of 345 West 14th Street began in 2007 when developers Charles Blaichman and Abram Schnay joined with Andre Balzacs and Jay-Z to pay $30 million for the three-story building....The group filed plans to build an 11-story hotel....After the recession thwarted their plan, the owners defaulted on their $24 million mortgage and tried to give the property to lender CapitalSource....But on March 5, 2009, CapitalSource rejected the Federal Express package containing the deed, arguing it wasn't required to accept borrowers' delivery of the deed....DDG Partners acquired the note from Capital Source for $19.5 million."
Architecture Critic
Carter Horsley
Since 1997, Carter B. Horsley has been the editorial director of CityRealty. He began his journalistic career at The New York Times in 1961 where he spent 26 years as a reporter specializing in real estate & architectural news. In 1987, he became the architecture critic and real estate editor of The New York Post.
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