Designed by Kutnicki Bernstein Architects, the project is perched above Spuyten Duyvil Shorefront Park and will eventually offer expansive views of the Hudson River and the New Jersey Palisades. The building will contain 55 rental homes, an underground parking lot, a communal lounge, a fitness center, and a shared roof deck. Specific amenities at the roof level will include outdoor cooking areas and a landscaped garden.
As revealed in the latest architectural renderings, select units will include a private balcony or a terrace, many of which will face the Hudson River. The primary façade is constructed of gray and tan masonry with large windows encased in dark metal framing.
Construction broke ground earlier this year and is now in the foundation phase. When complete, total built up area will measure 50,000 square feet.
The construction loan was financed by The Bank Hapoalim Group, one of Israel’s leading credit card companies that is headquartered in Tel Aviv.
“We are very fortunate to be working with Bank Hapoalim on this exciting project,” said Timber Equities principal Joe Seidenfeld. “We look forward to delivering what will undoubtedly be Riverdale’s most desirable rental address in the fall of 2021.”