The latest tower to rise as part of Riverside South is now above ground; 40 Riverside Boulevard, developed by Extell and the Carlyle Group. The building will eventually rise 33 floors and contain 274 units.
Riverside South has long been an area of transition, as the neighborhood has been built piecemeal – its location on the far West Side also segregates the complex physically, making access via public transit an arduous process. Thus, short of building a new subway line, the area’s conversion into a bastion of luxury housing is not surprising; it does benefit from relatively minimal traffic, making reliance on cabs less of a headache. Though the location is remote, the towers also enjoy proximity to Riverside Park, which is one of the best in the city.
Aesthetically, 40 Riverside Boulevard will come close to matching its neighbor, The Rushmore – the facade will be simple and modern, with the tower’s massing give it ample street presence, an important aspect in the area’s re-urbanization.
40 Riverside faced significant controversy when the ‘poor door’ was reported, which will segregate the affordable units from market-rate apartments. 55 units will be leased to low-income tenants, which will have a separate entrance; though this was met with criticism, the anger is unfounded, as tenants in market-rate housing pay for luxury amenities. The idea that low-income tenants should be entitled to expensive luxury amenities completely negates the point of providing affordable housing.
When finished, 40 Riverside Boulevard will mark an important milestone in Riverside South’s growth, with only the Portzamparc towers remaining before the neighborhood is built-out.
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