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Related Plans 189 New Rental Apartments Near the High Line

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Related Companies has announced a new development that will fall equidistant amid the booming High Line and Hudson Yards areas in West Chelsea/Midtown West. The incoming 300,000-square-foot building at 532 West 30th Street will replace a 15,447-square-foot, seven-story structure built in 1920 that the development group purchased for $9 million last September, says Commercial Observer. The new structure will have 189 rental units and will neighbor Related and Abington Properties' Abington House, whose 312 units over 33-stories began leasing last month. It is expected on the market in 2016.
· Related Erecting Rental Building Adjacent to Abington House [CO]
· All Related Companies coverage [Curbed]