GDS Development is in talks to acquire the 100-plus-year-old co-op building at 417 Park Avenue for about $200 million, Crain’s reported, citing several sources.

GDS Development, a builder with several commercial projects underway in the city, is negotiating to purchase an over 100-year old residential co-op building at 417 Park Ave. on the corner of East 55th Street for around $200 million, several sources with knowledge of the deal said.

The trainer tapped New York-based architecture firm GDSNY to design the space, calling on Michael Kirchmann – a Dogpound member – to lead the project.

Architect Michael Kirchmann of GDSNY, added huge garage doors to the high-ceilinged space. When the garage doors are closed, the West Hollywood gym is the same space as the flagship location.

By: Vanessa Londono 7:00 am on April 12, 2019 Permits have been filed for a 12-story, class-A office building at…

Another ground-up office building is coming to Chelsea. Michael Kirchmann and Alan Rudikoff’s GDS Development plans to construct a 12-story,…

GDSNY had the groundbreaking ceremony for their project at 1241 Broadway (cnr of 31st Street) on January 17th, 2019

By Rebecca Baird-Remba January 17, 2019 6:00 am GDS Development is breaking ground on its first new construction office development today,…

By: Nikolai Fedak 8:00 am on January 17, 2019 YIMBY has covered plans for a new office building at 1241…

By Rebecca Baird-Remba December 5, 2018 4:05 pm When developer Michael Kirchmann moved from South Africa to New York City as…

Curbed New York By Amy Plitt@plitter Oct 25, 2018, 9:13am EDT Though the building boom near the High Line has…

4. 1241 Broadway, Manhattan GDSNY is planning a 22-story, 318-foot tall office building for this vacant lot in NoMad, where…