335 Eighth Avenue’s Brick Façade Begins Installation in Chelsea, Manhattan

Rendering of 335 Eighth Avenue – Courtesy of MAG Partners, COOKFOX Architects

By: Michael Young and Matt Pruznick 8:00 am on August 22, 2024

Façade installation is steadily progressing on 335 Eighth Avenue, a seven-story residential building in Chelsea, Manhattan. Designed by COOKFOX Architects and developed by MAG Partners and Mutual Redevelopment Houses, Inc., the 200,000-square-foot structure will yield 188 rental units in studio to two-bedroom layouts, a 23,000-square-foot Lidl supermarket, and additional ground-floor retail space. Thirty percent of the homes will be reserved for affordable housing. The ground-up property is located at the corner of Eighth Avenue and West 26th Street within the Penn South affordable housing cooperative, officially known as Mutual Redevelopment Houses.

Crews have enclosed much of the reinforced concrete superstructure in metal frame studs, insulation boards, and the grid of rectangular floor-to-ceiling windows since our our last update in late May, when the building was in the process of topping out. Recent photos show the red brick façade being installed behind scaffolding and construction netting on the lower half of the western elevation along Eighth Avenue.

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Ninety percent of the residential units will be studios and one-bedrooms, while the remaining 10 percent will be two-bedroom apartments. Amenities at 335 Eighth Avenue will include a fitness center, a library, a media lounge, a coworking lounge with private workspaces, a dining area with a catering kitchen, and outdoor rooftop gardens with dining areas and a grilling terrace.

Renderings of the building preview the finished look of the brick exterior, which will incorporate several different bond patterns. Setbacks at the seventh floor are shown topped with terraces, and the roof parapet features an additional terrace adorned with greenery.

The upcoming Lidl supermarket will feature a bakery, fresh produce, a floral shop, meat and seafood, and other typical everyday essentials. The Germany-based supermarket is also expected to partner with Hire NYC to offer employment to local residents and provide comprehensive benefits such as healthcare for all full- and part-time employees, regardless of hours worked per week.

JLL Capital Markets arranged a $151.4 million capitalization for the project with financing secured from Bank OZK and MetLife Investment Management.

The property is a short walk from the C and E trains at the 23rd Street station to the south.

335 Eighth Avenue’s anticipated completion date is slated for the third quarter of 2025.

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Baltimore Peninsula Announces New Lease with Slurp Noodle Bar at Rye House

The new establishment is the latest of a slew of local, regional and national-loved restaurants arriving at Baltimore Peninsula

Today, the Baltimore Peninsula development team, led by MAG Partners and MacFarlane Partners, in partnership with Sagamore Ventures and the Urban Investment Group within Goldman Sachs Asset Management, announced it has signed a new lease with Slurp Noodle Bar, which has leased 1,375 square feet at Rye House and is anticipated to open in Q2 2025.

Slurp Noodle Bar will offer a delicious array of hand pulled noodle dishes such as original beef noodles (“Lanzhou Lamian”) and sour and spicy noodles – in addition to other traditional Chinese staples like the ‘Crossing the Bridge” Rice Noodle Soup with a bone broth simmered for over 12 hours. The making of hand pulled noodles requires no machinery – but rather is done completely by hand by highly-skilled chefs with extensive training and practice. The noodle bar will open at Rye House alongside Ben & Jerry’s, which is opening its first Baltimore location.

The family-owned restaurant is run by Washington metropolitan area local Jerry Chan and his father. The Chans have been in the restaurant business for three generations – beginning with Jerry’s grandfather, who took up work as a restaurant chef upon his immigration to the United States. Slurp Noodle Bar will be the second restaurant opened by Jerry, and the first in Baltimore.

“Slurp Noodle Bar is an amazing addition to our rapidly growing list of premiere food and beverage offerings at Baltimore Peninsula,” said MaryAnne Gilmartin, Founder and CEO of MAG Partners. “We’re continuing to see top establishments open their doors and strong momentum in restaurant leasing, a testament to the appeal of modern, mixed-use spaces at Baltimore Peninsula and the activity and dynamism they create.”

The announcement comes on the heels of several restaurant announcements and openings that are quickly turning Baltimore Peninsula into the newest dining hotspot in the DMV. Alongside the newly opened Rye Street Tavern by Clyde’s and Little Wing at ROOST Baltimore, the neighborhood will be welcoming several high-quality dining options, including Pinky Cole’s Slutty Vegan and Bar Vegan, Urbano Tex-Mex, Baltimore coffee shop Daily Grind, BK Lobster, and Jersey Mike’s.

“My family has been involved in the restaurant industry for three generations, so I’m incredibly excited to be opening a traditional, family-owned establishment,” said Jerry Chan, Owner of Slurp Noodle Bar. “I have been looking to bring our business to Baltimore for some time, and Baltimore Peninsula is the perfect location to do so as it becomes the city’s newest dining destination.”

Slurp Noodle Bar will open on the ground floor of Rye House, one of Baltimore Peninsula’s residential offerings. Rye House offers 254 total apartment residences, ranging from studio to three-bedroom floor plans, with 54 units designated affordable. Amenity spaces include a fitness center with a yoga studio loft, a third-floor clubroom with private meeting and dining area, a spacious bar and lounge, and a billiard room. The rooftop terrace lounge offers seating, grilling and dining areas with 360-degree views of the waterfront and Baltimore skyline.

Retail leasing at MAG Partners is led by Gayle Mandaro and Sam Spikell and Segall Group. Slurp Noodle Bar was represented by Shang Wang of Wang Enterprises.

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