BY AL BARBARINO

A development site that grazes the High Line at 239 Tenth Avenue in West Chelsea is on the market for $19 million, standing like a mirage in a part of town where such opportunities are sparse, if not non-existent.

The great success of the High Line has created an influx of galleries and residential development to keep pace, but the problem today is a lack of space, brokers marketing the site said.

“It’s one of the last sites in West Chelsea that’s available,” said James Nelson, a partner at Massey Knakal who is exclusively handling the sale with Brock Emmetsberger. “There’s virtually no condo product left in the area.”

The corner location is best suited as a mixed-use development and despite the gas station on site can be delivered vacant for future development, he added, noting that the 27,500 buildable square feet can be increased to 41,000 square feet with the purchase of bonus air rights.

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BY BILLY GRAY

Manchester, England clubbing institution Sankeys is finally set to open in New York, and will take over the Garment District space vacated by District 36 following the death of a patron there last spring.

Sankeys owner David Vincent announced the New York satellite all the way back in July of 2010. The initial plan was to open in a 16,000-square-foot venue in Hell's Kitchen, somewhere around West 50th Street. Now, the English dance club will come to 29 West 36th Street, a former garment warehouse that in 2010 opened as the 14,800-square-foot D.J. venue District 36.

Since word broke about the Sankeys offshoot, electronic music has experienced an unprecedented boom in popularity on American shores. Large dance floors including Output in Williamsburg have opened to meet demand.

The Ibiza behemoth Space is also said to be working on a New York branch, this one a 13,000-square-footer on 50th Street at 12th Avenue.

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BY GUS DELAPORTE

The Real Estate Board of New York has opened the submission process for the Retail Deal of the Year Awards, it was announced yesterday. The awards recognize the most creative and significant retail deals in New York City.

Submissions for the awards are due April 25. Winners will be announced at the REBNY Retail Committee’s Deal of the Year cocktail party on June 11.

“It’s certainly the most prestigious award given in our business,” Peter Brause, retail committee chair at REBNY, told The Commercial Observer. “As retail has gotten to be more of a factor in New York real estate, it has gotten to be quite the market prestige to win the award.”

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