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Douglaston Development inks ground lease at 601 West 29th Street

Jeff Levine recently filed plans for massive residential project

Rendering of 601 West 29th Street (Credit: Douglaston Development)

Jeff Levine’s Douglaston Development has signed a 99-year ground lease at Valeray Real Estate’s 601 West 29th Street, according to Politico. The developer recently filed plans to build a 931-unit apartment tower at the Hudson Yards site.

Plans: Upon completion, the project will span 739,000 SF, and include 9,000 SF of commercial space. The development site is located at the corner of 11th Avenue near the High Line and Hudson Yards.

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