Upper West Side

117 West 79th Street

Residential Conversion Planned for 108-Unit Park 79 Hotel SRO at 117 West 79th Street, Upper West Side

Fairstead Capital has purchased the vacant seven-story, 108-key Park 79 Hotel at 117 West 79th Street, on the Upper West Side, for $22.5 million. The new owners plan to convert the 32,172-square-foot SRO building into an undisclosed number of residential apartments. It’s unclear whether the apartments will be rentals or condominiums. Park 79 Hotel closed late last year after receiving a slew of violations from the Buildings Department. Before the property was an illegal hotel, it was supposed to be a single room occupancy building for low-income tenants, Real Estate Weekly reported. The property comes with 27,780 square feet of air rights, allowing for a potential expansion. It’s also located within the Upper West Side/Central Park West Historic District, which means the Landmarks Preservation Commission must approve any exterior alterations.



269 West 87th Street

New Rendering of 17-Story, 39-Unit Residential Project Planned at 269 West 87th Street, Upper West Side

Back in September of 2015, YIMBY revealed a rendering of the 17-story, 39-unit residential building planned at 269 West 87th Street, on the Upper West Side. A new, close-up rendering and additional details have now been revealed in a Curbed NY update. The 115,884-square-foot building, being dubbed The Chamberlain, will house apartments ranging from two- to five-bedrooms. The residential units should average a spacious 2,574 square feet apiece, and will include townhouse and penthouse configurations. Amenities will include a central garden, a lounge, a library, a fitness center, a children’s playroom, a multi-purpose sports court, storage for 39 bikes, and an underground parking garage. Quadrum Global and Simon Baron Development are the developers, and have a 99-year lease on the site. FXFOWLE Architects is behind the design. Demolition permits were filed back in 2015 for existing three- and seven-story parking garages, but the structures have not yet been razed.




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