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Photograph of 160 West 62nd Street, via glenwoodnyc.com

$231 Million Refinancing Issued For Hawthorn Park At 160 West 62nd Street on Manhattan’s Upper West Side

Wells Fargo’s Multifamily Capital group has arranged $231 million in refinancing for Hawthorn Park, a mixed-income residential tower at 160 West 62nd Street on Manhattan’s Upper West Side. The 54-story building contains 339 rental units, including 271 market-rate apartments and 68 affordable units reserved for households earning up to 50 percent of the area median income (AMI). The property is located at the corner of West 62nd Street and Amsterdam Avenue.

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Demolition Prep Underway for 37-Story Tower at 655 Madison Avenue on Manhattan’s Upper East Side

Demolition work is gearing up at 655 Madison Avenue, the site of a 37-story mixed-use tower on Manhattan’s Upper East Side. Designed by Beyer Blinder Belle and developed by Extell, the 193,000-square-foot structure will yield 62 condominium units and ground-floor retail space. The property is located at the corner of Madison Avenue and East 60th Street.

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Foundations Underway At 1122 Madison Avenue on Manhattan’s Upper East Side

Below-grade work is rapidly progressing at 1122 Madison Avenue, the site of an 18-story residential building on Manhattan’s Upper East Side. Designed by Hill West Architects and developed by Legion Investment Group and Nahla Capital, the 210-foot-tall structure will span 86,000 square feet and yield 22 condominium units with an average scope of 3,500 square feet. The property is alternately addressed as 22 East 84th Street and located at the corner of Madison Avenue and East 84th Street.

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Façade Work Progresses on The Henry at 211 West 84th Street on Manhattan’s Upper West Side

Exterior work is progressing on The Henry, an 18-story residential building at 211 West 84th Street on Manhattan’s Upper West Side. Designed by Robert A. M. Stern Architects with Hill West Architects as the architect of record and developed by Naftali Group, the 209-foot-tall structure will span 154,598 square feet and yield 45 condominium units with an average scope of 3,371 square feet. The building will also contain 2,898 square feet of ground-floor retail space, a cellar level, and 17 enclosed parking spaces. The property has nearly 250 feet of frontage along West 84th Street from the corner of Broadway to the middle of the city block.

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