A house of God is taking on new life. Timber Equities plans to put up two 14-story residential buildings at 335 and 345 West 25th Street in Chelsea, according to plans filed with the city. The developer purchased the former site of the St. Columba campus in August for $48.25 million. The towers are slated to hold 197 rental units — 98 in one and 99 in the other — and each will span roughly 100,000 gross square feet, according to Timber Equities principal Mitch Perle. The development will make use of the city’s 485x tax abatement and universal affordability […]
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