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Bauhouse Assembles Property Surrounded by High Line

NEW YORK CITY—The company plans to build $100 million of retail and luxury residential units atop the existing site.

By Rayna Katz | Updated on March 26, 2014

NEW YORK CITY—The Bauhouse Group has completed an assemblage at 515 W. 29th St., the only property in Manhattan framed on two sides by the High Line. The conglomeration—comprised of the building and three pieces of air rights—spans 40,000 square feet that is all buildable and that cost Bauhouse approximately $30 million, Joseph Beninati, managing member of the firm, tells GlobeSt.com.

Bauhouse plans to build $100 million of retail and luxury residential units over the site. That property will stand 135 feet high with retail at its base, Beninati reveals. More specific details are being ironed out, he says, but yhe project’s design architect, along with renderings, will be released next month.

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