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West Chelsea Update: What the High Line Hath Wrought

The soon-to-be-fancy High Line as salvation for far West Chelsea real estate? It's the meme du jour, baby! Both the Observer and Real Deal peer into the real estate future of the properties astride the raised-park-to-be, noting key construction in the area. A Curbed precis:

1) High Line 519, Lindy Roy's sleek floor-through apartments 519 West 23rd Street, which the Observer says has sold 5 of 11 units through Elliman
2) A planned 12-story "sliver" next to Highline 519, from developer Alf Naman
3) 555 West 23rd Street, two newly erected "luxury rental" buildings
4) The Chelsea Arts Tower, another high-end residential building, going up on a former parking lot on West 25th
5) Frank Gehry's headquarters for InterActive Corp., going up on 11th Avenue near Chelsea Piers
6) A new Related Companies residential building, on Tenth Ave. between 16th and 17th
7) André Balazs' crazed, forthcoming Standard, New York Hotel, embracing the High Line at Little West 12th and Washington

Whew! Gem quote: the guy who sold the land on 23rd Street to Alf Naman tells the Observer, "I wish anybody who got involved in it took a long walk on a short pier. People can't afford a studio around here, because it's too much fucking money."
· High Line Rise Surprise! Towers Pop Up, Even Gehry's In [Observer]
· High Times along the High Line [The Real Deal]