A site formerly known as Hell’s Kitchen butchery is on the way to conversion.
The Manhattan District Council has approved a project by the New York City Economic Development Corporation that will bring affordable housing – in addition to hotels, office space and supermarkets – to Midtown Manhattan.
Radson Development and Kingspoint Heights will develop 495 Eleventh Avenue to bring two towers – 56 and 57 stories tall, respectively – between West 39th and West 40th streets.
The project will include 350 affordable housing units. Seventy-five of the units will provide housing assistance to formerly homeless individuals and families, providing support services managed by the Urban Community Service Center.
“This project will provide much-needed affordable housing and services to some of our most vulnerable New Yorkers, and will strengthen our business and the tourism sector, capital is key to the City’s economy and recovery from the COVID crisis,” NYCEDC President and CEO Rachel Loeb said in a statement.
Plans for the approximately 700,000 square foot project were submitted in October, marking the city’s third-largest filings this year, according to one TRD analysis.
The site was once the headquarters of the New York Butchers Dressed Meat Company after it was built in the 20th century and remained in operation until the late 1950s.
In 1975, after a period of time when the owner did not pay taxes, the city took over the land. A private developer planned to build an office building on the site in the 1980s, but a vote to allow it was delayed by then Manhattan Borough President David Dinkins. The plans were eventually abandoned.
Community Board Four attempted unsuccessfully to obtain the landmark site designation in the late 1980s. However, the building was found to be unstructured and was demolished. It has remained an NYPD parking lot ever since.
https://therealdeal.com/2021/12/20/manhattan-borough-board-approves-radsons-slaughterhouse-towers/ Radson’s Hell Kitchen Slaughter Tower Approved