Permits have been filed for a 20-story mixed-use building at 4650 Broadway in Inwood, Manhattan. Located between Sherman Avenue and Dongan Place, the lot is within walking distance of the two Dyckman Street subway stations, serviced by the 1 and A trains. Joseph Caruso under the Aqozfi Inwood LLC is listed as the owner behind the applications.
Full demolition permits have been filed for 4650 Broadway in Inwood, Manhattan. Joseph Caruso under the Aqozfi Inwood LLC is listed as the owner. Located at the intersection of Broadway and Sherman Avenue, the 47,175-square-foot site has 180 feet of street frontage.
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.
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.
Washington Square Partners and Acadia Realty Trust want to build a 23-story apartment building at 4650 Broadway, right next to Fort Tryon Park and the Cloisters in Washington Heights. But first, they need a major upzoning from the city. YIMBY uncovered renderings of what the 500,000-square-foot tower could look like in newly posted zoning documents.