JJ Operating finishes demo of 40K sf of retail ahead of 90-unit resi building in Chelsea

The Jemal family’s JJ Operating, on March 21, completed the demolition of a 40,000-square-foot retail building at 278 Eighth Avenue in Chelsea.

The plans, pre-filed on April 8, 2021, call for the demolition of a building.

As reported at the time, the store housed a Gap retail store, New York Sports Club facility, and a CVS pharmacy.

The project is described in the filings as: demolition of entire building.

In July of last year, the developer filed plans for the construction of a 190-unit, 132,694-square-foot residential building at the site.

Renderings of the development can be seen below.

According to the plans, the ground floor of the building will have multiple retail spaces. The second floor will have seven dwelling units, floors three and four will each have 18 dwelling units, floors five through 10 will each have 19 dwelling units per floor, floors 11 through 13 will each have eight dwelling units per floor, while the 14th floor will have nine dwelling units.

The property was acquired for $107.2 million on August 8, 2017.

Direct link to Acris document. LINK

Direct link to DOB document. LINK