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Old buildings and new construction alike as seen from Bloom on Forty Fifth (Douglas Elliman) Old buildings and new construction alike as seen from Bloom on Forty Fifth (Douglas Elliman)
For most of yesterday, all eyes were on Hell’s Kitchen after a construction crane at 40th Street and Tenth Avenue caught fire and partially collapsed, sending the top part of the crane and its 16-ton load of concrete falling and causing damage to the neighboring rental 555TEN. Nine civilians and two firefighters sustained minor injuries; residents of 555TEN were temporarily evacuated; and Tenth Avenue remained closed to traffic between 39th and 42nd Streets on Thursday morning.
550-Tenth-Avenue-01 Rendering of 550 Tenth Avenue (Handel Architects)
The site in question was 550 Tenth Avenue, a new rental building on the rise. In 2018, developer Gotham Organization bought a portion of the site housing the former headquarters of nonprofit Covenant House; years later, it started construction on the new apartment building after its work on new Covenant House headquarters was complete. When it was still in the works, Community Board 4 specifically requested that it “avoid looking like a dystopian glass box”; to that end, a facade designed by Handel Architects to feature rust-red panels was on the way up at the time of the collapse.

The 45-story tower will ultimately contain 435 units with 137 set aside for affordable housing. Fitness and social amenities are expected to include an upper-level lounge and adjacent outdoor sky deck. Completion was estimated for June 2025, though this incident will undoubtedly affect that timeline.
NYC skyline at sunset Hell's Kitchen boundaries span from 34th to 59th Streets (Skyline views from Sheffield 57 - The Corcoran Group)
The new building is taking shape in a recently resurgent Hell’s Kitchen, which has come a long way from the unruly tenements and fetid industries that once dominated the area. Its boundaries are loosely defined as being from Eighth Avenue to the Hudson River, and from West 34th to 59th Streets; while the southernmost section has begun to define itself as Hudson Yards, one consensus is that the attempt to rechristen the area “Clinton” failed and the “Hell’s Kitchen” name is one locals embrace.
Whatever one chooses to call it, there is no question that the 7 train’s extension to Hudson Yards has improved access to this part of New York. The area is still rich in independent retailers and restaurants, but has attracted big-box retailers like Target, CVS, and Bond Vet. (Sadly, no luck with a Trader Joe’s outpost despite a campaign in February 2022.)

The residential scene has also changed over the years. At the beginning of the 21st century, a crop of tall, amenity-rich rentals rose along Tenth and Eleventh Avenues and 40th through 42nd Streets. However, a new batch of lower-rise condominiums has breathed more new life into the area and spoken to its desirability. We look at forthcoming projects and listings currently on the market.

Coming Soon

Developed by Yaus Special Clinton District LLC | Design by ODA New York
28 units | 7 stories
Completion estimated for late 2023

441-West-54th-Street-01 The Gild (Brown Harris Stevens)
The Gild is taking shape in a busy section of Manhattan near the Theater District and Columbus Circle. But with no more than four units per floor, Japanese-inspired materials, and a courtyard with green wall, this new building is cultivating a serene atmosphere. Select units will have private outdoor space, and all residents will have access to amenities like a common roof terrace and an outdoor terrace with meditation room and children's play area. According to a teaser site, prices expected to start at $1.2 million for one-bedrooms, $1.9 million for two-bedrooms, and $2.9 million for three-bedrooms.

354 West 52nd Street

Developed by Cadence Property Group | Design by Architecture Outfit
32 units | 7 stories
Completion estimated for early 2025

354-West-52nd-Street-01 Google Streetview of 354 West 52nd Street
In May 2023, developer Cadence Property Group announced plans for a new building to rise on an empty lot and parking lot on the corner of Ninth Avenue and 52nd Street, up the street from The Sorting House, another of the developer's projects. Details about the interiors and amenities are not yet available, but prices are expected to start at $1.4 million.

539 West 54th Street

Developed by Excel Development Group | Design by GF55 Architects
71 units | 21 stories
Completion TBD

539-West-54th-Street-01 Rendering of 539 West 54th Street (GF55 Architects)
Earlier this summer, the first renderings were revealed for a new condominium for the site of a four-story brick building that first housed the Church of St. Ambrose and later Centro Maria, an all-women's apartment building that offered dorm-style living and meals cooked by the nuns who staffed the residence. According to The City, the Catholic Church put the building on the market to pay for sexual abuse lawsuits; the developer bought the site for $25 million in 2022. Demolition permits have been approved, but a project timeline is not yet available.

547 West 47th Street, #314 (Corcoran Sunshine Marketing Group)

The Link, #16C (Compass)

The Lumiere, #PHE (Douglas Elliman Real Estate)

Bloom on Forty Fifth, #327 (Keller Williams NYC)

NINE52, #712 (Douglas Elliman Real Estate)

505 W 43, #14H (Corcoran Sunshine Marketing Group)

Sheffield 57, #49S1 (Corcoran Group)

611 West 56th Street, #20B (Corcoran Sunshine Marketing Group)

The Link, #PHA (R New York)

The Parc Vendome, #PHA (Corcoran Group)
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