Mabel’s Exterior Wraps Up at 335 Eighth Avenue in Chelsea, Manhattan
Construction is nearing completion on Mabel, a seven-story residential building at 335 Eighth Avenue in Chelsea, Manhattan. Designed by COOKFOX 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. The project will also include 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 development 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.
Exterior work on the upper levels has concluded since YIMBY’s last on-site update in January, when scaffolding still covered portions of the roof and seventh-story setbacks. This has since been removed and landscaping is now visible on the roof deck. The sidewalk shed remains standing around the property as work finishes up on the ground floor.
Promotional signage has also been added to columns of the brick exterior.
The main entrance to Mabel features a dark metal canopy bearing the name and address of the property. A screen of wooden louvers adjacent to the doors complements the vertical bond pattern of the surrounding brickwork.
The below rendering previews the entrance canopy topped with low greenery.
The rest of the ground-floor frontage will likely finish work in the coming months.
Ninety percent of the units at Mabel will come in studio and one-bedroom layouts, with two-bedrooms rounding out the remaining inventory. Amenities will include a fitness center, library, 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.
The Lidl supermarket will feature a bakery, produce, a floral shop, meat and seafood, and other typical everyday essentials. The Germany-based company is also expected to partner with Hire NYC to offer employment to local residents with 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.
Mabel’s anticipated completion date is slated for the third quarter of 2025, and is on track to receive Passive House and LEED Gold certifications.
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