Architect rendering of the proposed building at 505 West 43rd Street. Image credit: ODA

The fifteen-story building would be built over an open rail cut in the Special Clinton District.  On March 24, 2015, the City Council Subcommittee on Zoning and Franchises heard a proposal by 1818 Nadlan LLC to construct a new fifteen-story residential building at 505 West 43rd Street in the Special Clinton District of Hell’s Kitchen, Manhattan.  The proposed building would consist of two segments, one fronting on West 43rd Street and the other fronting on West 44th Street, containing a total of 105 condominium units.  Eight of the units are designated affordable, and a twenty-three space accessory parking garage is also available.  The proposal requests a special permit to construct over a rail line and waivers of the height, setback, rear yard obstruction, and street line planter requirements.

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Diagram of rezoning area in the Special Clinton District in Manhattan. Image credit: CPC.

Council-approved developments in Special Clinton District will achieve 39 percent affordability across a range of Area Median Incomes. On June 26, 2014, the City Council unanimously voted 48-0 to approve applications which would facilitate the development of two new mixed-use buildings, the rehabilitation of another building, and creation of three new community gardens in the Special Clinton District in Manhattan. The joint applications were proposed by the Clinton Housing Development Company, the New York City Department of Housing Preservation and Development, Taconic Investment Partners and Ritterman Capital. The project area is generally bounded by West 51st Street and West 53rd Street between Tenth and Eleventh Avenues.

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