192 Eighth Avenue now stands as a vacant 3-story building between West 19th and 20th Street, but recent buyer Gary Vinbaytel is set to change that with a new 6-story high-end condominium. In December 2016, Vinbaytel closed on the $8.3 million purchase of the mixed-use Chelsea building and a statement from the buyer's broker published by the Observer says, "“The purchaser plans on capturing the full value of the parcel by building a mixed-use, boutique luxury condominium on the site....From railyards and slaughterhouses, to galleries markets and museums—the West Side has seen a resurgence. Vinbaytel is just happy to be a part of it.”
192 Eighth Avenue as of late August (CityRealty)
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Now project investor Dennis Druzhinsky has posted the first rendering of the forthcoming project. The website completion is anticipated for summer which is unlikely since construction has yet to begin. Paperwork filed with the city show that Versatile Engineering are the architects of record and there will be one apartment per floor including a duplex penthouse.
192 Eighth Avenue marks Mr. Vinbaytel's second Chelsea building. He recently applied to build a 14-story mixed-use building at 128 West 26th Street.
192 Eighth Avenue marks Mr. Vinbaytel's second Chelsea building. He recently applied to build a 14-story mixed-use building at 128 West 26th Street.
192 Eighth Avenue (Google Earth aerial)
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Michelle Merritt
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