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.
In December, Taconic Investment Partners and Cogswell-Lee Development Group acquired the ground-lease of 410 West 207th Street, in Inwood. According to Commercial Observer, the developers plan to redevelop the property into commercial-retail space. The site is currently occupied by a single-story, 34,000 square-foot vacant supermarket, formerly a Pathmark. The structure will be renovated to accommodate a new 20,000 square-foot supermarket and multiple smaller retailers. In addition, a 14,000 square-foot retail annex will be built on a section of the parking lot. When construction is completed later this year, parking will be reduced from 200 to 120 car spaces. The property can accommodate a 240,000 square-foot residential development with retail space, although plans for such proposal are not finalized. It sits a stone’s throw away from the 207th Street stop on the 1 train.
The newly redesigned and constructed 215th Street staircase in Inwood – which connects pedestrians at Park Terrace East to Broadway and West 215th Street, sitting 50 feet below – is expected to open today after two years of construction. According to Curbed NY, WXY Studios designed the staircase, which is essentially being treated like public park space. The passageway features new vegetation, cobblestone paths, new stairs, and a bike channel. Two lampposts from the original staircase, built in 1911, were incorporated into the renovations since they’re designated city landmarks. The city’s Department of Design and Construction was behind the project.
Helm Equities Cooper LLC has placed their single-story retail building at 85-95 Cooper Street, in Inwood, on the market for $4.25 million, according to DNAinfo. GFI Realty Services is marketing the site, which boasts 13,132 square feet of development potential, the equivalent of a seven-story building on the property.
New York Times reports New York City F.C. is exploring the potential to build a new mixed-sport stadium at the site of Columbia University’s existing 17,000-seat stadium at 5101 Broadway, in Inwood. The soccer club has been searching for a location for their new stadium, and the Inwood possibility could be as large as 25,000 seats costing $400 million. Plans are only in the exploratory stage.