After purchasing a five-building site at 54-62 West 125th Street this summer, Developer Jay Group recently secured $37 million in financing to develop the mixed-use property. Their 140,000 square-foot vision in Harlem, Manhattan includes one retail unit and the addition of 141 residential units to the area between Lenox and Fifth Avenues. The projected development site qualifies for both 421-a and Industrial and Commercial Abatement Program tax benefits for the mix of commercial and residential units—30 percent of which will be affordable. JFA is responsible for the design.
Permits have been filed for a new sixteen-story mixed-use building at 410 West 126th Street in Harlem, Manhattan. Located between Morningside and Amsterdam avenues, the corner lot is one block away from the 125th Street subway station, serviced by the A,B, C, and D trains. It is also three blocks south of St. Nicholas Park, and four blocks north of Morningside Park. Jianhui Hu of Columbia International is listed as behind the applications.
Permits have been filed for a single-story commercial structure at 110 East 125th Street in Harlem, Manhattan. The site is located on the same block as the 125th Street Metro-North train station, and the 125th Street subway station serviced by the 4, 5, and 6 trains. The Durst Organization is listed as responsible for development.
Located at 2351 Adam Clayton Powell Jr. Boulevard in Central Harlem, the Rennie has officially launched sales of its 134 condominiums spread over eight stories. Developed by BRP Companies and designed by GF55 Partners, sales will be handled by Halstead Property Development Marketing. There will be studios to three-bedroom residences that start at $580,000, and range up to $1.89 million. The site is located where the Renaissance Ballroom and Casino once stood, with the first two floors of the new building becoming an ode to the rich cultural and architectural history of the original structure.
YIMBY has the exclusive reveal for renderings of a new nine-story building coming to 492 St. Nicholas Avenue. Located at the intersection of 135th Street in Central Harlem, the mixed-use development will comprise both residential and retail components.