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Foundations Underway For 5055 Broadway in Inwood, Manhattan 

Below-grade work is underway at 5055 Broadway, the site of an 11-story mixed-use building in Inwood, Manhattan. Designed by Fischer + Makooi Architects and developed by Timber Equities, the 155-foot-tall structure will span 50,808 square feet and yield 60 rental apartments in one- to two-bedroom layouts, with 25 percent dedicated to affordable housing, as well as amenities and ground-floor retail space. The 7,500-square-foot property is located between West 215th and 216th Streets and was once a surface-level parking lot.

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Housing Lottery Launches for Amana NYC at 112 Seaman Avenue in Inwood, Manhattan

The affordable housing lottery has launched for Amana NYC, a seven-story residential building at 112 Seaman Avenue in Inwood, Manhattan. Designed by Matt Markowitz and developed by Mahmoud Saab, the structure yields 27 residences. Available on NYC Housing Connect are eight units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $48,858 to $218,010.

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Rendering of Sherman Plaza at 4650 Broadway - Courtesy of View, Inc.

Sherman Plaza Nears Completion at 4650 Broadway in Inwood, Manhattan

Construction is nearing completion on Sherman Plaza, a 19-story mixed-use building at 4650 Broadway in Inwood, Manhattan. Designed by Handel Architects and developed by Arden Group, which acquired the property for $54 million in 2019, the 260-foot-tall structure will span 351,000 square feet and yield 222 rental apartments, 38,000 square feet of lower-level retail space, and an 80,000-square-foot charter school. Aqozfi Inwood LLC is listed as the owner and Consigli Construction Co. is the general contractor for the property, which is located at the intersection of Broadway and Sherman Avenue, directly east of Fort Tyron Park.

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405, 407 West 206th Street Rise Past Halfway Mark in Inwood, Manhattan

Construction is rising above the halfway mark on 405 and 407 West 206th Street, a sprawling two-tower mixed-use project in Inwood, Manhattan. Designed by Beyer Blinder Belle in a joint with the LMXD affiliate of L+M Development Partners, MSquared, and Taconic Partners, the 751,687-square-foot structures consist of 14- and 17-story volumes standing 140 and 175 feet tall and will yield 700 rental units with 281 dedicated to affordable housing, as well as a supermarket under the city of New York’s Food Retail Expansion to Support Health Program program and an immigrant-centered performing arts center owned and operated by the People’s Theatre Project. Inwood Lot 9 Development Associates LLC is the owner, Community League of the Heights is the community sponsor, and Chatsworth Builders is the general contractor for the $416 million project, which is bound by West 206th and West 207th Streets and Ninth Avenue.

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The Eliza Nears Completion at 4790 Broadway in Inwood, Manhattan 

Construction is nearing completion on The Eliza, a 14-story all-affordable residential building at 4790 Broadway in Inwood, Manhattan. Designed by Fogarty Finger and Andrew Berman Architect and developed by the New York City Department of Housing Preservation and Development, the New York City Housing Development Corporation, and the New York Public Library (NYPL), the structure will yield 174 rental units in studio- to three-bedroom layouts, a public library, a preschool, and community facilities. Ranger Properties LLC is listed as the owner and Mega Contracting Group is the general contractor for the property, which is located on an interior rectangular parcel between Dyckman and Academy Streets. The project is named in honor of Eliza Hamilton, the wife of Alexander Hamilton.

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