3ELEVEN: Manhattan's largest rental development in-construction readies for summer 2022 leasing

By CityRealty Staff | From Downtown Thursday, December 30, 2021

Renderings of 3ELEVEN via https://3elevennyc.com/ (Douglaston Development)

3ELEVEN, the largest rental development underway in Manhattan is in its home stretch of construction as work on its gleaming gridded facade has come to a close and the interior fit-out of its 938 apartments continues apace. The 58-story, 950,000 square-foot development will become one of the largest residential buildings ever built in the city upon completion in summer 2022. An official leasing website has debuted allowing prospective renters to be the first to know about available apartments. The mixed-income project will bring hundreds of much-needed housing units to a central, transit-oriented area of the city within walking distance to thousands of employers.

Douglaston Development and equity partner Ares Management Corp. are steering the $594 million project to fruition. After securing some 120,000 square feet of air rights from Hudson River Park, with proceeds going towards significant park improvements (like saving the sinking Pier 40). The tower rises 637 feet to its parapet and topped out in February 2021. The building was originally planned to be taller but members of the local community board pushed to shorten its height to supposedly make for a smoother transition from skyscrapers of Hudson Yards to the mid-rise loft buildings of West Chelsea.

601 West 29th Street from the High Line (All renderings credit of FXCollaborative)

Manhattan, where we make 60-floor buildings look cute.

The building spans the entire blockfront of Eleventh Avenue between West 29th and 30th streets. Its tripartite design was drawn up by FXCollaborative and is composed of a six-story podium, supporting a 34-story mid-rise tower and a 19-story high-rise tower. There will be approximately 703 market-rate units and 235 affordable units reserved for households earning between 40 and 100 percent of the area's median income (AMI). Efficient layouts will sport open floor plans, stainless steel appliances, quartz countertops, and 6” plank European oak flooring, according to the architects.

The L-shaped tower will bring panoramic Hudson River and skyline vistas to most of its apartments, at least until future taller buildings inevitably obscure some of the views. Work on the next phase of Hudson Yards is planned to start in the near future and a separate 40-story residential tower is rising directly west of the building at 606 West 30th Street .

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An expansive amenity package of over 50,000 square feet will comprise an outdoor pool, private cabanas, multiple outdoor terraces, a fitness center, many communal lounges, pet daycare, dog-walks, bicycle storage, and an unnecessary parking garage. fitness center, a pool resident lounges. The building's ground floor will introduce some retail to overly wide and pedestrian-unfriendly Eleventh Avenue.

Situated directly south of the undeveloped western railyards of Related-Oxford's Hudson Yards master plan, residents of 311 Eleventh Avenue (aka 601 West 29th Street) will have supreme access to the development's shops and amenities, the Culture Shed, Hudson River Park, and the High Line. Long-time fixtures in the neighborhood have also been getting spruced up with the Terminal Stores being revamped into Class A office space, the Starrett Lehigh Building opening up a new food hall, and the billion-dollar Javits Center expansion finally opening up.