For its size — 171 units — the former Hochschild Kohn warehouse at 520 Park Ave. has had a remarkably fast $30 million conversion to apartments.
After just 13 months of construction, which included cutting a 5,000-square-foot courtyard into the center of the six-story building, the Time Group will see the first residents begin moving into the property’s top two floors later this month. After that, the building will begin to open one floor of apartments each month, to be completed this fall.
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