Stuart Siegel

Around 8 p.m. last night, several partygoers--who had been toasting the Chelsea Arts Tower--tore themselves away from Cheim & Read Gallery, and took in the city view from high above the High Line.

Although Calvin Klein--who recently dropped $4 million on an 18th floor unit--didn't show up, there were plenty of real estate industry types and art aficionados (like Anthony Haden-Guest) on hand. The stylish group boarded a rickety, cage-like elevator, and headed up to the building's, still unfinished, 15th floor.  read more »

In a few months, the 20-story, glass and concrete tower--located on a former West 25th Street parking lot--will be completed. Full-floor, commercial condo units have already been scooped up by Marlborough Gallery, and several prominent art collectors--including Adam Lindemann.