0
ABS Partners plans 400-unit development at Manhattan studio site
April 28, 2026
Posted 3 hours ago by
Months after purchasing the ground lease of an independent television studio property, ABS Partners Real Estate tipped its hand on what could be coming up next. Gregg Schenker’s firm filed a rezoning application with the Department of City Planning for a nearly 400-unit housing development at 515 West 57th Street, the Commercial Observer reported. ABS would need to go through ULURP to build its 30-story, 394-unit project in Midtown West.
The 378,000-square-foot development would feature a commercial component. Additionally, 119 units would be designated affordable under New York City’s mandatory inclusionary housing rules. ABS did not respond to the outlet’s []This article originally appeared on The Real Deal. Click here to read the full story.
The Real Deal
Coverage and analysis from United States of America. All insights are generated by our AI narrative analysis engine.