Housing Preservation and Development

525 West 145th Street

Five-Story, 78-Unit Residential Conversion Underway At 525 West 145th Street, Hamilton Heights

Back in late 2014, renderings and details surfaced of the 78-unit residential conversion of the five-story former Public School 186 at 525 West 145th Street, in Hamilton Heights. Harlem+Bespoke now reports the façade of the once dilapidated structure has been largely restored. Eight of the residential units will rent at market-rate prices, although the rest will rent at below market-rates spanning a wide range of income brackets. Apartments at the Residences at PS186 will come in studio-, one-, and two-bedroom configurations and will spread across 100,533 square feet of residential space, which means units should average a spacious 1,289 square feet apiece. The Boys and Girls Club of Harlem will operate 11,302 square feet of the building. Dattner Architects is behind the design, and Monadnock Development, Alembic Community Development, and the city’s Department of Housing Preservation and Development are the developers. Completion is expected this summer.


211 Elizabeth Street

City Envisions Seven-Story, 75-Unit Affordable Residential Building At 211 Elizabeth Street, NoLIta

Back in August of 2015, news broke that the city was moving forward with plans to develop affordable housing at the Elizabeth Street Garden, located at 211 Elizabeth Street (a.k.a. 21 Spring Street), in NoLIta. Now, Curbed NY reports the Department of Housing Preservation and Development is envisioning a seven-story, 60-to-75-unit residential building with retail space. The building would take up roughly 15,000 square feet on the 20,265 square-foot lot, and the units, which would be geared towards seniors, will average between 800 and 900 square feet apiece. The city plans to launch a Request for Proposals (RFP) in the spring and a developer will hopefully be selected by the end of the year. At that point, the project would require approval via the Uniform Land Use Review Procedure (ULURP). Construction is tentatively expected to begin in 2018 for completion in 2020.

Read More

2325 Third Avenue

City Seeks Developers For 70,000 Square-Foot Commercial Project At 2325 Third Avenue, East Harlem

The City’s Economic Development Corporation and Housing Preservation and Development have launched a request for proposals for the vacant, 7,000 square-foot development site located at 2321-2325 Third Avenue, in East Harlem between East 126th and 127th Streets, according to DNAinfo. The site boasts 70,000 square feet of commercial development rights and is located directly adjacent to the site of a planned 115,000 square-foot proton beam therapy center. The commercial project is just a small portion of the two-block mega-development dubbed E125. The blocks bounded by East 125th through 127th Streets and Second and Third Avenues will eventually be home to 1,000 residential units, up to 700,000 square feet of commercial space and at least 30,000 square feet of community space. 800 of the residential units will rent at below-market rates.


Fetching more...