New York Governor Kathy Hochul has tapped a development team to deliver more than 1,100 new homes near the Intrepid Museum in Manhattan’s Hell’s Kitchen.
The team, comprising The Gotham Organization, MURAL Real Estate Group, and Fisher Brothers, has been chosen to transform a state-owned parking lot at 621 West 45th Street into a major mixed-use project.
According to state officials, the plan will bring 1,127 new homes, expanded cultural amenities for the Intrepid Museum, and new open publicly accessible spaces to one of the largest remaining undeveloped parcels on Manhattan’s far West Side.
The site, measuring around 50,584ft² along Twelfth Avenue between West 45th and West 46th Streets, is located directly across from the Intrepid Museum and close to Hudson River Park.
The proposed development consists of two connected towers designed to accommodate a diverse range of residents.
Approximately 338 homes, or 30% of the total, are designated as affordable for individuals and families earning between 40% and 130% of area median income, with some units specifically aimed at middle-income earners such as nurses, teachers and first responders.
A portion of the development is planned as for-sale condominiums with income restrictions.
Hochul said: “By transforming a state-owned parking lot into more than 1,100 new homes – with hundreds of permanently affordable units and homeownership opportunities – we are taking direct aim at the housing shortage while strengthening one of NY's great cultural institutions.”
The project will also deliver new retail units and replacement parking for the Intrepid Museum, with construction phased to minimise disruption to museum operations.
As part of the broader scheme, a 22,000ft² Intrepid Concourse will expand the museum’s campus eastwards across the West Side Highway, providing a visitor centre, STEM education hub and café.
Plans also call for a 9,800ft² publicly accessible park, Intrepid Park, which will connect to the museum’s sky bridge.
The development team has stated a commitment to involving minority and women-owned business enterprises, service-disabled veteran-owned businesses, and local job opportunities throughout construction and ongoing operations.
Clean-up of the site, which has a history as a manufactured gas plant, will follow standards set by the New York State Brownfield Cleanup Program.
MURAL Real Estate Partners president and CEO Robert Zeigler said: “We're proud to join Gotham Organization, Fisher Brothers, the Intrepid Museum and New York State in advancing a vision that brings together housing, culture and public space in a way that creates lasting value.”
