What Are The Chances Of There Being Any New Condos For Sale In West Chelsea?
By : Alex Category : Real Estate
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Plenty Of Old Ones

Ever since the early 1800’s; when Clement Clarke Moore first started offering sub-divided lots of his Chelsea estate in west Manhattan for sale to the newly rich New Yorkers; property in Chelsea has been at a premium. Larger buildings holding several residential units have long been common; back in 1930 when the London Terrace was completed; it was one of the world's largest apartment blocks; containing a swimming pool, gymnasium and solarium; its doormen were even dressed as London bobbies (policemen).

Like London Terrace; the huge 19-story Verizon Building (constructed in a fanciful Art Deco style) also spans a city block and was also constructed in the 1930’s. Consideration is being given to converting the Verizon into condos.

The whole Chelsea neighborhood is primarily residential with townhouses, tenements, apartment blocks and city housing projects intermixed with renovated rowhouses. The population is ethnically and socially diverse and this is reflected in the wide variety of shops, small businesses, restaurants and bars in the neighborhood. In addition, the west end of Chelsea has grown to be a center for the arts in New York.

New Ones Are Rare

The officially designated Chelsea Historic District was set up in 1970 and has been subsequently extended by both the New York City Landmarks Preservation Commission and the National Register of Historic Places to protect buildings and city blocks which are considered to be especially significant examples of period architecture. Even the old elevated railway line has been preserved by turning into a unique, 1 mile long; but relatively narrow; public park now known as the High Line Park. As well as providing a stretch of open air greenery within a city; the Park is also being used to host cultural events.

However, not everything can (or should be) preserved and opportunities for redevelopment do crop up from time to time and create opportunities for the building of new condo blocks within the Chelsea district – some recent examples have been in West Chelsea close to the Hudson River; particularly in locations that used to be near the derelict railway that is now the innovated High Line public park. So; at this moment in time; it is still possible to find New Condos For Sale In West Chelsea.

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