Condos - Manhattan

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Upper West Side Residential Update:

 Ariel Condos East & WestUWS 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.

In my Morningside Heights Market Report there is more information about Ariel condos and the landmak Art Deco Metro Theatre next door that remains. When I was photographing the theatre for my blog several people I talked to in the neighborhood thought they were office buildings until I told them they are residential condos.

In my Upper West Side Market Report I discuss the fact that between 72nd Street and 96th Street (the true Upper West Side) buildings are not taller than around 20 stories and are mostly pre-war. Between 59th and 72nd - Lincoln Square has been zoned for very tall buildings including The Time Warner Center and Trump Place.  Above 96th Street in Morningside Heights, The Columbia at the North West corner of Broadway and 96th is 33 stories and was built in 1983.

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.

Two blocks west at 86th and West End Avenue. The methodist Church of St. Paul and St. Andrew tried to raze their 100 year old church and build a 20 story condo. They turned down $6 million for their air rights from the developers of The Boulevard at 86th and Broadway back in 1989. They have been unsuccessful in their hardship claim to change their landmark status since the community has helped them out with repairs. B'Nai Jeshuron on west 88th St also came to the rescue of the Church because they have such a large congregation they have been renting the Church of St Paul and St Andrew for Shabot services and Jewish holidays.

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.

 The Apple Bank Building

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.

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

Mitchell Hall, The  Corcoran GroupFollow Me on TwitterFind Me on FacebookFind Me On LinkedInMy Google Profile

New Residential Developments: West Chelsea

 Chelsea New Construction update:

175 Ninth Avenue (No condo towers for Seminary)

The General Theological Seminary has reversed course on a plan to build a 15- story condominium tower on its campus after news of the plan met with fierce community opposition as reported in the NY Sun. The seminary wanted to build a 151-foot tower to generate $21 million in revenue for renovation of its existing 19th century buildings. Community activists charged the tower would have been out of place in the neighborhood. Officials are now presenting a plan for a seven-story mixed-use residential building.

IMHO tax exempt landmark churches have no business in real estate development. Look for my Upper West Side construction update coming soon where I will tell you about the 21-story residential building ajoining the West-Park Presbyterian Church on West 86th Street.

The Caledonia 450 West 17th Street (Sold Out)

The 190 condominium units in The Caledonia, the 1st residential tower on the future High Line Park had sold out in April, within eight months of sales. The complex will also have 288 rental units available for rent this fall at rents ranging from $3,495. to more than $10,000 per month.

Newly announced projects 

Chelsea Modern

Chelsea
Chelsea Modern
447 West 18th Street

12- story, 47-unit condominium designed by Audrey Matlock. Prices for available units range from $1.63 million for a 1,300- square foot two-bedroom to $3.57 million for a 1,887- square foot three bedroom. Occupancy is scheduled for early 2008

 

 

 

Chelsea
459 West 18th Street

 

11-story loft condominium designed by Della Valle Bernheimer Architects. Exterior is black and white. Part-time Doorman. Occupancy of the full floor residences and multi-floored penthouses is scheduled for spring 2008

 

 

Other new  luxury condo developments currently for sale in West Chelsea include:

520 West Chelsea (520 West 19th St.)

200 Eleventh Avenue

245 Tenth Avenue 

100 11th Avenue

To receive listings by email for these or any Chelsea or Manhattan new development click here. 

For more information about Chelsea click here.

Mitchell Hall, The  Corcoran GroupFollow Me on TwitterFind Me on FacebookFind Me On LinkedInMy Google Profile