June 3, 2024
The seven-story apartment building that replaced an aging commercial building at Chelsea's sprawling Penn South co-op topped out last week. Designed by COOKFOX, 335 Eighth Avenue is an 188-unit mixed-use development with a 23,000-square-foot Lidl grocery store on the ground floor. Penn South, a limited equity co-op made up of 10 buildings between West 23rd and West 29th Streets, tapped MAG Partners in 2021 to raze and redevelop the run-down corner building. Developed under the state's Affordable NY Program, the project will set aside 30 percent of units for low- and middle-income New Yorkers.
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