Posted by Leonard Steinberg on May 1st, 2013
The illustrious LUKOIL site at 239 Tenth Avenue at the corner of 24th Street in the heart of the West Chelsea Arts District has supposedly gone to contract after multiple bids…..and it appears the price was several million dollars over the asking of $ 18,95million.
The site next to 245 Tenth Avenue (those owners must be celebrating!) has always been somewhat of a blight for a rather attractive block, filled with art galleries such as Gagosian, and residential buildings soon to be joined by 560 West 24th Street, the Adam Gordon/Tavros-developed building alongside 200 11th Avenue, and Cary Tamarkin’s 508 West 24th Street diagonally opposite this site. If this site, separated from the Highline Park by a sliver of 245 Tenth Avenue housing Bryce Wolkowitz’ gallery does indeed get developed as a condominium, it will boost the value of the entire area that has become most recently famous by the addition of AVENUE’S private school.
Is the CARWASH next?