“I may not always be sure of how some things are going to turn out, what they will become,” Mr. Tamarkin said of his surroundings. “But it is really exciting to be around.”
Emerging from the 34th Street-Hudson Yards station, the two-year-old subway stop on the No. 7 line, one is immediately struck by the scope of what developers hope to do. In almost every direction is an active construction site. “Sidewalk closed” signs turn walkways into mazes. And clangs, beeps and rumbles contribute to near-constant noise.
Away from that core area, all is busy as well. At West 33rd and Ninth Avenue, where the Cheyenne Diner stood for decades before trucks carted off its chrome walls in 2008, a seven-story, 12-unit rental has taken root. Developed by George Papaioannou, who owned the restaurant, the gray-brick building, at 411 Ninth Avenue, will offer mostly one- and two-bedroom units, plus a roof deck and bike room, when it opens this winter, he said. Rents have not yet been set.
“It’s hard to imagine all these tall buildings filling up,” he said of the neighborhood’s high-rises, with a note of skepticism. Mr. Papaioannou, who also owns the Skylight Diner around the corner, on West 34th Street, remembers when the area was “seedy” at night, and hardly a destination. “But the neighborhood is in transition,” he said.
Loftier structures are going up, too, like Henry Hall, a 33-story, 225-unit rental from Imperial Companies and Shorenstein Properties at 515 West 38th Street that opened this spring. It will have several bars off the lobby, which could give the area’s nightlife a jolt.
Nearby is 515 West 36th Street, a 39-story rental tower from Lalezerian Properties, designed by Ismael Leyva Architects, between Tenth and 11th Avenues. The building will have 251 apartments, according to building permits, plus stores at the base.
Lalezerian has been active in the area. Welcoming tenants this spring was the company’s 507 West Chelsea, an interconnected three-building rental at 507 West 28th Street that has 375 studio, one- and two-bedroom apartments. With an indoor pool, a lounge with a landscaped wall, and a roof deck, No. 507 effectively straddles the High Line, the area’s enormously popular park, in that it offers apartments on both sides of the park and is connected underneath it.
Studios start at about $3,500 a month, though two free months of rent is being offered as a concession, said Andrew Barrocas, the chief executive officer…