Hauser & Wirth’s West Chelsea Roller Disco Being Replaced by Condos
Mega-gallery Hauser & Wirth only opened its enormous new space in the former Roxy NYC nightclub building at 511–525 West 18th Street in Chelsea last January, but already it may be getting kicked out. Crain’s New York reports that New York real estate giant Related Companies is close to dropping $200 million on the Hauser & Wirth building (which also houses a parking lot), and the lot on the other side of the High Line, with an eye to building (what else?) condominiums.
According to a source cited by Crains, Related Companies plan to erect a 250-foot-tall residential building on the site currently occupied by the parking garage and Hauser & Wirth, which abuts Frank Gehry‘s IAC headquarters building at the west end of the block.
Mega-galleries, it turns out, are just as vulnerable to gentrification as the rest of us.
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