4650 Broadway



4650 Broadway in Inwood

Hello Living Acquires 4650 Broadway for $55 Million, Releases New Renderings

Hello Living’s first foray into Manhattan development will be a pricey one. The Brooklyn-based full-service real estate development firm announced earlier this week their plans to acquire 4650 Broadway in Inwood. If that address rings a bell, it’s because FBE Limited purchased the site this past spring from Acadia Realty Trust for $26 million. At $55 million, Hello Living paid more than twice that for 370,039 buildable square feet.

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4650 Broadway, rendering via DCP/Acadia Sherman Ave LLC

City Council Votes Down Rezoning for 15-Story Inwood Apartment Building at 4650 Broadway

After two weeks of haphazard fits and starts and a confrontational protest with tenant activists, City Council Member Ydanis Rodriguez and the City Council Land Use Committee unanimously disapproved a plan to rezone the corner of Broadway and Sherman avenues, which would have paved the way for the construction of a 15-story apartment building known as Sherman Plaza.

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