Permits have been filed for a 74-foot tall apartment building at 140 Hillside Avenue, in Inwood, Manhattan. Located off Sickles Street, the lot is near the north end of Harlem River Park. Nearest transit options are four city blocks away at the Dyckman Street subway station, serviced by the A train. Aron Klein of Read Property is listed as the owner behind the applications.
Once again, January has arrived, alongside New York YIMBY’s annual pipeline report. After our mid-2018 update portended a banner year for new construction, the 2019 report has confirmed it, as the total number of multi-family units filed with the Department of Buildings saw a tremendous surge over the past 365 days. 2018 saw 32,580 multi-family units filed with the DOB, beating 2017’s total of 19,180 units by a whopping 70%. The full 2019 report, containing all 2,482 of 2018’s new building filings in spreadsheet format, is available at the following link for $199.
Brooklyn-based developer Hello Living is expanding into The Bronx. The announcement of their purchase of 1049 Washington Avenue in the South Bronx yesterday—their second development and acquisition outside of Brooklyn—also brought forth the first renderings plans to realize the site as condominiums.
Hello Living’s first foray into Manhattan development will be a pricey one. The Brooklyn-based full-service real estate development firm announced earlier this week their plans to acquire 4650 Broadway in Inwood. If that address rings a bell, it’s because FBE Limited purchased the site this past spring from Acadia Realty Trust for $26 million. At $55 million, Hello Living paid more than twice that for 370,039 buildable square feet.
Permits have been pre-filed for a thirty-story mixed-use building at the waterside 3875 9th Avenue in Inwood, Manhattan. The site is two blocks away from the 207th Street subway station, serviced by the 1 train, and four blocks from the 207th Street subway station, end of the line for the A trains. Maddd Equities is listed as behind the applications.