MAG Partners

June 4, 2021

Penn South co-op reveals plan to replace Chelsea McDonald’s with 200-unit mixed-income building

A run-down commercial building in Chelsea will be replaced with a 200-unit mixed-income apartment tower. Affordable housing cooperative Penn South announced this week it tapped MAG Partners to redevelop 335 Eighth Avenue as a seven-story residential building with ground-floor commercial space, including a grocery store. The site, located on the corner of West 26th Street and 8th Avenue, is currently home to Gristedes, McDonald's, and a tennis center.
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