A new 21-story and 200,000 square foot residential building is set to begin rising at 480 Main Street, on Roosevelt Island. The tower will stand 266 feet tall and contain 195 units. The development will be part of Riverwalk, and permits for construction were just approved.
Related and the Hudson Companies are developing the project, and Handel is the architect of record. New development is relatively rare on Roosevelt Island, given its geographic constraints, and the density of 480 Main Street will help enliven the community, which is isolated from both Manhattan and Queens.
Besides 480 Main Street, Cornell’s new technology campus will soon rise on the southern end of the island, adding to its appeal — and potentially allowing Roosevelt Island to evolve into a convenient residential node for New York’s high-tech community, which perfectly coincides with 480 Main Street’s future.
Permit figures conflict with the project’s website, which lists the number of units as 266; it seems the discrepancy may have been a mix-up of the building’s height, and the actual number of apartments. Regardless, completion is expected in 2015.
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