One High Line
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One High Line
One High Line (formerly The XI and The Eleventh) is a pair of buildings in New York City designed by architectural firm BIG. The complex will include 247 condominiums, a 137-room Six Senses hotel, of retail space, art space, a spa and club. Planning and construction HFZ Capital Group acquired the full-block site between 17th and 18th Street, and 10th and 11th Avenue for $870 million from Edison Properties in May 2015, one of the highest prices ever paid in Manhattan for a development site. The sale price for the site and of air rights worked out to over $1,100 per buildable square foot, a record for a Manhattan condominium development. The site was formerly a brownfield, and HFZ received a $60 million tax credit for the environmental cleanup of the land. A consortium of lenders including JPMorgan Chase, BlackRock and SL Green provided $1 billion in acquisition and predevelopment financing at the time. HFZ expected the development to cost over $1.9 billion ($1,700 per square fo ...
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The XI Western Tower Under Construction (24237)
''The'' is a grammatical Article (grammar), article in English language, English, denoting nouns that are already or about to be mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the Most common words in English, most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with nouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a con ...
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