425 West 50th Street

Celebrities, Hell's Kitchen

Fresh into his second year as host of “The Daily Show,” Trevor Noah is treating himself to some iconic New York real estate. The Post reports that the South African comedian is renting a $15,000 a month bachelor pad at Stella Tower, the Ralph Walker condo conversion in Hell’s Kitchen.

The Art Deco tower was built in 1927 as a telephone building and was converted along with Chelsea’s Walker Tower in recent years by JDS Development Group. Noah’s new digs are a 1,700-square-foot, two-bedroom residence that has an impressive outdoor terrace. Located at 425 West 50th Street, it’s just a few blocks away from The Daily Show Studios at 52nd Street and Eleventh Avenue.

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City Living, gentrification, Hell's Kitchen, real estate trends

Hell's Kitchen

There’s yet to be an exact agreed-upon theory as to where the name Hell’s Kitchen came from, but most historians agree that it had something to do with the poor tenement conditions and general filth of the neighborhood in the 19th century. Its reputation didn’t get any better in the 20th century, though. After the repeal of prohibition, the area became overrun with organized crime, and until the 1980s it was known as a home base for several gangs. Today, Hell’s Kitchen is no longer the “Wild West,” but rather a rapidly gentrifying community ripe for new development.

A neighborhood profile today in the Times looks at the transformation of the neighborhood, also called Clinton or Midtown West, which is generally defined as the area from Eighth Avenue to the Hudson River between 34th to 59th Streets. Summed up, “New buildings are going up, and older ones are being converted to high-end residences. The development of Hudson Yards and the High Line just to its south and the addition of the Time Warner Center on its northeast border have spurred growth. Prices have gone up but are still generally lower than in surrounding neighborhoods.”

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