Glenwood Management

Housing Lottery Waiting List Launches for Emerald Green at 320 West 38th Street in Hell’s Kitchen, Manhattan

The affordable housing lottery has launched for Emerald Green, a 25-story two-tower residential building at 320 West 38th Street in Hell’s Kitchen, Manhattan. Designed by Stephen B. Jacobs Group and developed by Glenwood Management in 2010, the structure yields 569 residences. Available on NYC Housing Connect is a waiting list to fill six studios now, and for future studio and one-bedroom vacancies at 130 percent of the area median income (AMI), ranging in eligible income from $15,669 to $76,250.

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60 East 86th Street

Construction Wraps on 19-Story, 15-Unit Condominium Project at 60 East 86th Street, Upper East Side

Construction is wrapping up on the 19-story, 15-unit residential building under development at 60 East 86th Street, on the Upper East Side. The latest photo was posted to Instagram by the project’s design architect, Thomas Juul-Hansen. Dubbed Sixty East Eighty Sixth, the 55,407-square-foot structure includes one triplex apartment spanning the cellar through second floors, followed by a single unit per floor on floors three through nine, a duplex apartment spanning the 10th and 11th floors, another duplex spanning the 12th and 13th floors, one apartment per floor on the 14th through 16th floors, and, finally, a triplex penthouse spanning the 17th through 19th floors. The condominiums should average 3,730 square feet apiece. Amenities include a library, a fitness center, a children’s playroom, a wine room, private storage space, and storage for eight bikes. Glenwood Management is the developer and Stephen B. Jacobs Group is the executive architect. Occupancy is probably imminent.


1735 York Avenue

Renovations Planned at 37-Story, 265-Unit Rental Tower at 1735 York Avenue, Upper East Side

Earlier this month, Bonjour Capital entered into contract to purchase, for roughly $140 million, the 37-story, 265-unit rental apartment tower at 1735 York Avenue, located on the corner of East 90th Street, in the Yorkville section of the Upper East Side. The future owner is planning to renovate and rebrand the residential tower, currently dubbed the Hamilton, as the Serrano. Renderings of the renovation have now been revealed by The Real Deal. It appears upgrades will be made to the lobby and the amenity areas. Existing amenities in the 280,0000square-foot building include tenant services, a fitness center, an outdoor patio, a rooftop deck, a children’s playroom, and a greenhouse. Bonjour Capital recently secured $104 million in financing for the acquisition. The tower was built in 1986 by Glenwood Management.


60 East 86th Street

19-Story, 15-Unit Residential Project Well Underway At 60 East 86th Street, Upper East Side

Three years ago, news broke that Glenwood Management would be building a 19-story, 15-unit luxury residential building at 60 East 86th Street, on the Upper West Side. The Thomas Juul-Hansen-design project is now structurally complete and receiving its façade, thanks to photos by Tectonic (h/t Curbed). Those 15 condominiums will spread across 52,213 square feet of residential space, which means units will be incredibly large, averaging 3,480 square feet apiece. Completion is expected later this year.


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