NEW YORK | Marriot Renaissance Chelsea (112 W. 25th St.) | 432 FT | 37 FLOORS


#1

Chelsea flea market’s last stand

The Antiques Garage, which has been on West 25th Street and Sixth Avenue for two decades, will close for good on June 29 to make way for a hotel tower.

BY ADRIANNE PASQUARELLI
JUNE 13, 2014 2:29 P.M.

After two decades of business and several last-minute reprieves, Chelsea’s Antiques Garage has finally set a closure date. The flea market, which began in a parking lot on West 25th Street between Sixth and Seventh avenues in 1993, will operate its last weekend on June 28. The site will be developed into a hotel tower.

“After 20 years, we are sad to see the Garage fall to development,” said Alan Boss, known as “Lord of the Fleas” and the founder of Annex Markets, the owner of Antiques Garage and several other bazaars. He noted that he will still operate an outdoor space in Chelsea at a sister site called the West 25th Street Market, located half a block away. About 90% of Antiques Garage vendors will move to the sister market, and several vendors will also relocate to a flea market in Hell’s Kitchen.

Issues first arose for Antiques Garage back in 2008, when the market was nearly pushed out of its longtime space by rising rents and the changing Chelsea neighborhood. At the time, the area was just starting to see big-name retailers such as David’s Bridal setting up shop.

Yet the market was able to stay on at its site on a month-to-month basis as Extell Development, the owner of the parking-lot property, faced financial problems. Last year, Extell, which was in danger of foreclosure on the site, sold the property for a reported $67.5 million to hotel developer John Lam. Mr. Lam plans to spend $300 million to erect a 270,000-square-foot hotel tower at the space. Chelsea has also seen the recent arrival of popular grocer Fairway, and in 2017, high-end department store Barneys will open in the space previously occupied by Loehmann’s.

According to brokers, retail rents along West 25th Street currently range from $75 to $90 a square foot.

“This whole area is rapidly changing,” said Aaron Gavios, chief executive of Square Foot Realty, which markets space in Chelsea and Hell’s Kitchen. “Schlock is on the way out, and the trendy clothing boutique and restaurant scene is on the way in.”


#2

Revealed: 112 West 25th Street

BY: NIKOLAI FEDAK ON AUGUST 19TH 2014 AT 7:00 AM


112 West 25th Street, Antiques Garage at left, new building at right – image from LAM Generation

Plans for a new hotel at 112 West 25th Street have undergone several iterations, and the site — formerly home to the Antiques Garage — was originally set to hold a 29-story hotel, developed by Extell. That concept is now defunct, and Lam Generation, an off-shoot of the Lam Group, has taken over; a tipster submitted a rendering of the project, and YIMBY has the reveal for the soon-to-be 39-story Renaissance Hotel.

112 West 25th Street will have 330 rooms, splitting 177,513 square feet, and construction is expected to begin in January of 2015. Demolition permits for the existing structure were filed back in January, and Lam Generation is now in the process of securing financing with the help of an EB-5 loan.

The new details come without any mention of an architect, though an educated guess would place Nobutaka Ashihara behind the design, given the firm’s previous work with Lam Group on projects like 215 Pearl Street. Appearance-wise, massing is simple — and the building lacks any real detail, with a glass facade rising above a relatively attractive entryway — and as long as the cladding is demure, Chelsea should avert another disaster.

While 39 floors would normally translate into a relatively impressive height, it would appear that ceilings will be very low at 112 West 25th Street, and the new Renaissance will be far from prominent, blending with other post-war banalities that have risen along Sixth Avenue.

Architecture in Chelsea is often value-engineered to oblivion, and while 112 West 25th Street is unlikely to offer any extreme departure from the neighborhood’s new normal, at least it is a step away from its cousins rising along 28th Street. Changing zoning to accommodate residential growth is what’s ultimately needed, and if policy can catch up to reality, more developments like 221 West 29th Street could rise, boosting supply, and enhancing the neighborhood’s character.

Completion of 112 West 25th Street is expected in July of 2017.


#3

This is rising.


#4


#5

Nice update tec and waymond. Another 400+ ft tower almost went completely unnoticed.


#6

3/13
Two floors up.


#7

Nice! This one should go pretty fast. I think this will actually add to the skyline from nj when it tops out. Not much to obstruct the views from hoboken and jc at least.


#8

4/24


#9

5/20


#10

Still stuck?


#11


#12

From w 24th st again


#13

Glass looks pretty good so far.


#14

The glass is nice!


#15

I wish they wouldnt keep breaking the streetwall with these developments in this area.


#16

From w 24th st yesterday


#17

Yesterday


#18

Might be close to topped out.


#19

Today 02/06
Building has made significant progress. Still not topped out.


#20

Thought this was stalled.