The state Attorney General banned Shiraz Sanjana from selling condominiums for 16 months in 2014, but that didn’t stop the embattled developer from buying a development site at 695 6th Avenue in Greenwood Heights once the ban expired. Today, YIMBY has a look at the three-story apartment building rising at the corner of 21st Street.
The 50-foot-tall building will host 36 condos, divided across 33,990 square feet of residential space. Typical apartments would measure 944 square feet.
The first floor would have 10 units, followed by 14 units on the second floor, and ten duplexes and two single-floor units on the top story. The building would also include a 10-car garage on the ground floor and surface parking for another eight cars, which is the minimum amount of car storage required by the city’s zoning code.
Karl Fischer is responsible for the three-toned brick design.
This development is relatively small, but the building is as tall and dense as the zoning code will allow. The city rezoned South Slope and Greenwood Heights back in 2005, in a move that capped heights for new construction across most of the neighborhood north of Green-Wood Cemetery.
Sanjana and RNS Holdings paid $9.9 million for a single-story commercial building at 695-705 6th Avenue in August 2015. The seller was Yeshiva Machzikei Hadas.
Attorney General Eric Schneiderman investigated Sanjana after buyers at his Harlem condominium project, the Mirada, alleged that the building had construction defects and lacked a certificate of occupancy. The developer and his business partners filed fraudulent paperwork with the state and attempted to walk away with $3.2 million in deposits from buyers, according to the AG.
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