HFZ Capital is planning to convert the Belnord – a 13-story, 218-unit rental building at 225 West 86th Street, on the Upper West Side – into 213 condominium units. The developer recently filed their plans with the Attorney General’s office and expects the future condominiums to be worth a total $1.3 billion, according to The Real Deal. HFZ acquired the residential portion of the block-encompassing building – bound by West 86th and 87th streets, Broadway, and Amsterdam Avenue – for $575 million last year. The ground-floor sections contain retail space and will be left untouched. The property is an individual landmark (and is also listed on the U.S. National Register of Historic Places), which means any exterior alterations must be approved by the Landmarks Preservation Commission.
Upper West Side
In March, Alchemy Properties and Carlyle Group acquired, for $51 million, the three-story retail building at 2251-2259 Broadway, on the corner of West 81st Street on the Upper West Side, with plans to build a condominium project. The developer have now filed applications for an 18-story, 32-unit mixed-use building, as first reported by The Real Deal. The 209-foot-tall project will measure 123,493 square feet, of which 11,587 square feet will be designated to retail space on the cellar, ground, and second floors. The condos should average a spacious 2,617 square feet apiece, and amenities include a 39-bike storage room, private residential storage space, multiple lounges, and a rooftop terrace. Goldstein, Hill & West Architects is serving as the architect of record.
In March, the first partial rendering was revealed of the nine-story, 64-unit residential addition planned to rise on the existing six-story, 144-unit (130 units are rent-regulated) apartment building at 707-711 West End Avenue, between West 94th and 95th streets, on the Upper West Side. The city’s Department of Buildings has since green-lighted the project, according to the Wall Street Journal, who also has revealed the first full rendering of it. Dubbed the Haswell, the 155,420-square-foot addition will contain 64 condominium units, each averaging a spacious 1,905 square feet. The current building will see renovations and upgrades, too.
The Landmarks Preservation Commission’s backlog, which had been reduced from 95 items to 30 items in February, has taken another big step towards being cleared. On Tuesday, the LPC designated eight new city individual landmarks, and they span all five boroughs.
Back in April of 2014, YIMBY reported on plans for a nine-story, five-unit mixed-use building at 8 West 70th Street, on the Upper West Side. In December of that same year, the Landmarks Preservation Commission (LPC) approved the demolition of the site’s former four-story structure, as the site is located within the Upper West Side/Central Park West Historic District. Congregation Shearith Israel is now set to begin excavation imminently on the 55,027-square-foot project, the Wall Street Journal reports. The below-grade levels through the fourth floor will contain 20,013 square feet space for the religious institution, featuring classrooms, offices, a banquet hall, a library, and connections to the existing synagogue. The remainder of the building will contain full-floor condominium units. PBDW Architects is behind the design. The Board of Standards and Appeals granted a height variance for the project in 2008.
Back in November, YIMBY brought you a construction update on the 42-story, 362-unit mixed-use building underway at 1 West End Avenue, in the Lincoln Square section of the Upper West Side. At the time, the structure was at least 25 floors above street level, but now the building has topped out, as seen in photos by Tectonic (h/t Curbed). The new building encompasses 932,780 square feet and will contain retail space, in addition to 116 below-market rate rental units, within its six-story base. The tower portion will feature 246 condominium units. Glass installation is currently underway and the stone cladding of the podium appears largely complete. Silverstein Properties and Elad Group are the developers. Pelli Clarke Pelli is the design architect and Goldstein, Hill & West Architects is the architect of record. Completion is expected in 2017.