Churches and synagogues are doing it. College campuses and auto repair shops and bank buildings are doing it. So why shouldn’t a humble, 50-foot-wide, one-story art gallery do it?
What they’re doing, of course, is selling out to developers who drool at the thought of creating high-dollar condominium buildings. The latest to take the money – $24.25 million, to be exact – is the owner of the building at 532 West 20th Street in Chelsea, which houses the Anton Kern Gallery, YIMBY reports.
The buyer is the design-build firm DDG, which has filed plans to erect an 11-story, nine-unit condo building on the lot between Tenth Avenue and the West Side Highway, within shouting distance of the High Line.
The building will include parking for 10 cars, full-floor units with a shared roof terrace, and a penthouse with a private roof deck.
No word yet on when Anton Kern has to pack up the art and get gone.
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