Jun 16, 2007

Upper West Side Residential Update

UWS News: Rezoning Battle

The Department of City Planning is proposing the first comprehensive rezoning of the Upper West Side in almost 50 years. The battle mostly started by the Ariel Condominiums - two 30 plus story towers currently rising on Broadway between 99th and 100th streets. The buildings have led to some neighborhood opposition because of their height. The rezoning calls for height limits on new construction that would see most future developments rise less than half the height of Ariel Towers, the New York Sun and The Real Deal reported.

New Construction Update:

165 West 86th St. A 21-story residential building is being erected ajoining the West Park Presbyterian Church. The project will have separate entrances for its 50 affordable studio rentals on floors five through 10, and its 27 market-rate condominiums on floors 11 through 21. Some community members are saying the separate entrances will create "segregation" in the building.

215 West 88th St, Merrion Condominiums
Sales have begun for the condominium conversion of a 13-story, 96 unit prewar rental building. The project will include two new construction penthouses with private outdoor space. One to four bedroom apartments are priced from $714,000 to $2.738 million and range in size from 766 to 3,647 square feet.

2112 Broadway The Apple Bank Building

Nineteen of the 29 units are sold. Some units are already occupied. The ten available units comprise five-top-floor duplexs, four three-bedrooms and one four-bedroom. They range in size from 1,967 to 3,256 square feet, and are priced from $3.35 to $7.65 million

230 West 78th Street Linden 78
Three and Four bedroom condominiums are for sale pre-construction prices starting from $2,495,000 and full floor residences priced from $6,350,000.

205 West 76th Street The Harrison
Sales will begin this summer for The Harrison a new luxury condominium in the heart of The Upper West side. The two twin tower complex will offer studios, 1,2 & 3 bedrooms starting around $700,000. An Equinox Gym is in the building and membership is included in the common charges.

Several other new projects are slated for the Upper West Side. To receive listings on current new devolpments and future projects click here.


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