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CHELSEA ADDITION

441 WEST 26 STREET, Manhattan, 10001
Manhattan, block 724, lot 10
More information about this property at ZOLA
Public Housing Restructuring
  • Demolition Proposed
  • Planned RAD/PACT - Section 8 Conversion Under Private Management
  • Private Infill Planned

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What do we know about what NYCHA is doing or proposing here?

NYCHA has designated RAD/PACT development partners for a set of campuses that includes this one:

 

CHELSEA: https://nycharealtalk.org/lots/1007230015/ 

CHELSEA ADDITION: https://nycharealtalk.org/lots/1007240010/ 

ELLIOTT: https://nycharealtalk.org/lots/5483/ 

FULTON: https://nycharealtalk.org/lots/5511/ 

 

NYCHA’s PACT Projects Tracker (October 2024) lists this campus as in the “Planning & Engagement Phase.” 

https://www.nyc.gov/assets/nycha/downloads/pdf/PACT_Dataset.pdf

 

This campus is listed under “Developments Under Consideration by HUD for Future Section 8 Conversions” in NYCHA’s draft FY25 Annual Plan: https://www.nyc.gov/assets/nycha/downloads/pdf/FY_2025_Draft_Annual_Plan_English_REVISED.pdf

 

According to HUD's RAD data, https://www.radresource.net/pha_data2020v2.cfm,

as of October 2024, the “Commitment to enter into a Housing Assistance Payment” (CHAP) for this RAD conversion has been Awarded.

 

Here is a website the developers created: https://www.fultonelliottchelsea.com/home 

  1. # of Current Units 85
  2. Total Number of Units 96
  3. Number of Rental Rooms 297
  4. Population - Section 8 Transition 0
  5. Population - Public Housing 108
  6. Total Population 108
  7. # of Families On Fixed Income 82
  8. % of Families on Fixed Income 96%
  9. # of Residential Buildings 1
  10. # of Non-Residential Buildings 0
  11. # of Stories 14
  12. Total Area (Sq Ft) 44,921.0
  13. Bldg/Land Coverage 32.22
  14. Density (Population/Acre) 105.0
  15. Development Cost $2,402,000.0
  16. Cost Per Rental Room (As Built) $7,149.0
  17. Avg. Monthly Gross Rent $380.0
  18. Senior Development EXCLUSIVELY
  19. Electricity Paid By Residents no
  20. RAD/PACT Status Planning & Engagement
  21. RAD/PACT Conversion Date Unknown
  22. RAD/PACT Developers Essence Development (MWBE); Related Companies
  23. RAD/PACT General Contractor Related Companies
  24. RAD/PACT Property Manager Related Companies
  25. RAD/PACT Social Service Provider Unknown

Who decides what happens to this property?

Official Owner

New York City Housing Authority (NYCHA) (public)
Contact: David Pristin, Executive Vice President, External Affairs ((212) 306-3401 / David.Pristin@nycha.nyc.gov)

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Key Contacts

City Council District 3 represented by Erik Bottcher
Community District Manhattan 4 ( info@manhattancb4.org / 212-736-4536 ), district manager: Jesse Bodine
Congressional District 12 represented by Jerrold Nadler
Find all elected officials for this lot at Who Represents Me? NYC

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