Below-grade work is underway at 5055 Broadway, the site of an 11-story mixed-use building in Inwood, Manhattan. Designed by Fischer + Makooi Architects and developed by Timber Equities, the 155-foot-tall structure will span 50,808 square feet and yield 60 rental apartments in one- to two-bedroom layouts, with 25 percent dedicated to affordable housing, as well as amenities and ground-floor retail space. The 7,500-square-foot property is located between West 215th and 216th Streets and was once a surface-level parking lot.
Recent photographs show a concrete truck parked along the sidewalk as the new reinforced concrete foundations take shape behind the wooden fencing. YIMBY expects the superstructure to start rising above street level later this fall.
Photo by Michael Young
Photo by Michael Young
Photo by Michael Young
Photo by Michael Young
Photo by Michael Young
The new rendering in the main photo depicts 5055 Broadway clad in what appears to be a subtle pearlescent-hued paneling on the lower levels and floor-to-ceiling glass above. Balconies protrude from the southeastern elevation in a staggered pattern and the ground-floor retail storefront features broader expanses of glass and contrasting dark paneling. A landscaped roof deck caps the building.
The below rendering was the former architectural design for the project.
Rendering of 5055 Broadway – Timber Equities
The former parking lot can bee seen in the Google Street View image below.
Existing site conditions at 5055 Broadway – Google Maps
Residential amenities will include a lounge, a fitness center, a communal roof deck, a bicycle storage room, and tenant storage.
5055 Broadway is situated within a 59-block rezoned stretch of Inwood that was approved by New York City Council in the summer of 2021. Known as the Inwood Rezoning Plan, the initiative aims to create more than 4,000 units of affordable housing by 2032.
5055 Broadway’s anticipated completion date is slated for fall 2025, as noted on site.
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On rezoning I believe that, it can add affordable housing units with plan soon or later: Thanks.
It looks like a hospital. Really.
Never seen a hospital with balconies, have you?
Does the number 1 train run along there to van Cortland
Broadway and what? Would be nice if you told us the street.
Read the last sentence of the first paragraph again Richard.
Great neighborhood. Inwood Hill Park is a wonderful place for recreation and relaxation. I lived there for many years and always look back with fond memories.
Nice!!!!