Here’s our first glimpse at Toll Brothers‘ under-construction condominium rising at 55 West 17th Street in Chelsea. Morris Adjmi is the building’s architect, which is not surprising given his track record crafting sensitive designs for the city’s historical areas. The miniscule rendering displayed on the developer’s website illustrates a quiet and dignified facade composed of large square-ish windows and soft gray cladding. The project’s teaser site was recently launched, and marketing materials describe the 55-unit building as “distinctively modern, classically detailed condominiums in Chelsea.”
The current view of construction at 55 West 17th Street
The development team best know for their upper-middle-class suburban communities seems to have been bitten by the urban development bug. Since entering New York’s real estate market in the mid-2000s, the team has developed almost a dozen properties across the city, from Williamsburg to the Upper East Side, as well as prospects that include Pierhouse at Brooklyn Bridge Park and the Sutton.
At 55 West 17th, progress has moved swiftly. Toll honed in on the 9,000-square-foot site situated just outside of the Ladies’ Mile Historic District in 2014 when they paid $68.5 million for the six-story commercial building that previously stood there. Now, construction workers are already framing the ninth floor of the building’s ultimate 19-story, 200-foot-tall height.
Aerial renderings via CityRealty
Pricing for the 55 residences is estimated to range from $1.6 – $15 million. According to an occupancy diagram filed with the Department of Buildings, amenities will include basement storage, bicycle parking, on-site parking, a fitness center, a children’s playroom, and a rooftop swimming pool. Floors 2-12 will provide four residences each, and above are a mix of spacious duplexes and simplexes. The duplex penthouse on the 18th and 19th floors will have a private terrace, swimming pool, and commanding views of the skyline.
Follow updates on 55 West 17th Street at CityRealty.
- The Sutton, Toll Brothers’ ‘Modern Vintage’ Condo, Tops Out and Gets Motley Skin
- Architect Morris Adjmi’s NYC Industrial Revolution – How One Architect Dares to Be Different
- 16-Story Residential Sliver Building to Rise Near Union Square
Neighborhoods : Chelsea