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New Luxury Condominium 551 West 21st Street in West Chelsea by Foster + Partners
April 8th, 2014 by Sanjay Gangal
Article source: Foster + Partners
Scott Resnick has announced Foster + Partners as design architect of 551 West 21st Street – a new, 19-story luxury condominium overlooking the Hudson River in West Chelsea. 551 West 21st Street features 44 largescale residences, including three penthouses. Beyer Blinder Belle is the executive architect. GTIS Partners is the financial partner and Wells Fargo is the construction lender. Construction of the building is under way with anticipated occupancy in the fall of 2015.
551 West 21st Street’s cast-concrete exterior frames its expansive windows with luminous metal to capture and reflect the vibrant location’s dramatic southwestern light. Most of the building’s two-to-five bedroom residences offer multiple exposures, private elevator access and 11-foot ceiling heights. Foster + Partners’ interior design is largely column-free, featuring residences with grand galleries, corner great rooms, windowed eat-in kitchens and separate libraries and dining rooms. Finishes will include French-inspired herringbone floors, custom millwork and kitchens designed by Foster + Partners for Molteni. The three full floor penthouses, each approximately 6,200 square feet, present panoramic 360-degree views, up to 12-foot ceilings, wood-burning double-sided fireplaces, adjacent club rooms and libraries, and large private terraces or loggias. The upper-most penthouse will include a 4,000+ square foot private rooftop terrace with a swimming pool, kitchenette and bar area.
551 West 21st Street’s meticulous level of services and amenities merge with West Chelsea’s art galleries, restaurants, the High Line and Chelsea Piers to bring a new downtown living experience. The building’s private drive court leads residents and guests to a cathedral-like 34-foot double height lobby space illuminated by natural sunlight flowing through a prismatic glass wall– creating a sense of privacy and security for residents and their guests. Mechanical areas have been raised to the second floor and a waterproof concrete base bolstered by concealed floodpreventing gates will protect the building in the event of a future storm surge.
Signature white-glove services will include a full-time doorman, porter, concierge and valet parking. The building’s amenities also feature a fitness center, spa, residents’ lounge and a children’s play area.
The sales office, located on the 20th floor of the Chelsea Arts Tower at 545 West 25th Street, will open in February, 2014.
About the Developer – SR Capital
Founded by Scott Resnick, SR Capital is a real estate firm whose executives have 70 collective years of development, construction, investment and project management expertise. Mr. Resnick previously served as President and Chief Operating Officer of Jack Resnick & Sons, Inc., where he developed several buildings including 200 Chambers Street, a 400,000 square foot, 258-unit condominium in TriBeCa. He serves on the Board of Governors of the Real Estate Board of New York and is a Trustee of the Whitney Museum of American Art. Mr. Resnick chairs the Whitney’s Building Committee, overseeing development of its new 200,000 square foot building in the Meatpacking District designed by Renzo Piano.
About the Design Architect – Foster + Partners
In addition to having designed the iconic Hearst Tower on Eighth Avenue, Foster + Partners’ current New York City projects include the Public Library on Bryant Park and a new development at 425 Park Avenue. Over the past four decades, the practice has pioneered a sustainable approach to architecture through a strikingly wide range of work. Based in London with offices worldwide, Foster + Partners is one of the most innovative architecture and integrated design firms in the world today. Since its inception in 1967, it has received more than 620 awards for excellence and won more than 100 national and international competitions.
About the Executive Architect – Beyer Blinder Belle
Beyer Blinder Belle Architects & Planners is an international, award-winning architecture, planning and interiors practice with a demonstrated commitment to design excellence, social integrity and sustainable practices. Notable projects include restorations of New York City Hall, the Empire State Building’s public lobby and entrance halls, 100 11th Avenue with Ateliers Jean Nouvel and The Carlton House.
About the Financial Partner – GTIS Partners
GTIS Partners is a global real estate investment firm headquartered in New York City with offices in Los Angeles and São Paulo. GTIS Partners has 65 employees and currently manages approximately $2.4 billion of committed equity. To date, the firm has committed capital to residential, retail, industrial, office, hotel and mixed-use projects in the U.S. and Brazil, including 55 projects in the U.S. residential sector.
About the Exclusive Marketing & Sales Agent – Brown Harris Stevens Development Marketing
Brown Harris Stevens Development Marketing specializes in the planning, marketing and sale of best-in-class residential developments and conversions. Established in 1873, Brown Harris Stevens is the premier provider of residential real estate services in Manhattan. The firm has offices throughout New York City, the Hamptons, North Fork and Palm Beach. Brown Harris Stevens offers more luxury residential exclusives than any other Manhattan firm, and serves as exclusive affiliate of Christie’s International Real Estate, Inc., a subsidiary of Christie’s International PLC, the world’s oldest fine arts auctioneer.
Contact Foster + Partners