200 Amsterdam Avenue

Developers Acquire 200 Amsterdam Avenue, Plan 51-Story Condo Tower, Upper West Side

Last October, SJP Properties and the U.S. branch of Tokyo-based Mitsui Fudosan entered into a contract to buy 200 Amsterdam Avenue, a 5,000 square-foot plot currently occupied a vacant synagogue and located between West 69th and 70th streets on the Upper West Side. Commercial Observer reports the sale has since closed, along with $160 million in financing to fund the acquisition. The team of developers have been planning a high-rise condominium tower for the site, which can boast roughly 400,000 square feet of development rights. The latest plans call for a 51-story, 112-unit residential building, although retail space will also probably be included on the ground floor. Neither demolition permits for the existing structure and nor new building applications have yet been filed.


846 Quincy Street

Four-Story, Seven-Unit Residential Building Filed At 846 Quincy Street, Bedford-Stuyvesant

Queens-based property owner Idan Cohen has filed applications for a four-story, seven-unit residential building at 846 Quincy Street, in eastern Bedford-Stuyvesant, located two blocks from the Gates Avenue stop on the J and Z trains. The structure will measure 5,000 square feet and there will be two apartments per floor on the ground through third levels. The project’s residential unit on the fourth floor will feature additional space in a fifth-floor penthouse. The residential space listed on permits is misleading, with only 3,000 square feet allotted for the seven units, which would work out to an average size of about 429 square feet. Still, apartments here will probably be rentals. Woody Chen’s Infocus Design & Planning is the architect of record, and the 25-foot-wide lot has been long vacant.