February 11, 2016
After an 11-year run, the popular Antiques Garage flea market, where bargain hunters haggled over an eclectic assortment of used goods, shuttered its weekend fairs in the summer of 2014. Like many soft sites around the Flower District, the parking garage used by the market at 112 West 25th Street was purchased by development interests, namely Extell, who later sold to Lam Generation for $68 million. Since the purchase, the three-story garage has been razed and groundwork has finally begun for a 330-room, four-star Marriott Renaissance Hotel.
With the help of some unused neighboring development rights, Lam's tower will grow to 140,000 square feet of floor area and stand roughly 450 feet high over its mid-rise Chelsea locale. The neighborhood's current tallest building, Chelsea Stratus, is just one lot away and rises 25 feet higher than Lam's upcoming tower.
More details ahead